Underwriter, Regulated Lending

Shawbrook is a specialist bank driven by a purpose to power up ingenuity to create opportunity, every single day.

We offer a diverse range of savings and loan products. From personal and business savings accounts and loans for wedding and new cars, to complex financial credit facilities for businesses requiring significant investment and mortgages for landlords with multiple properties – no two customers are ever the same.

We give our customers the best-of-both worlds; uniquely combining strong digital capabilities with human expertise and ingenuity to deliver the best outcomes. We rise to the challenge of a complex case or unconventional circumstances, and we love to make things happen. By being creative, practical, and personal, we know we can always find the right solution for our customers.

If you’re willing to roll up your sleeves, contribute new ideas and believe anything is possible, you’re our kind of person

Work with us because you:

• Want to be part of a bank built for the dynamics of the modern world
• Relish a challenge and enjoy a fast-paced, innovative, and hardworking culture
• Enjoy finding new and better ways to solve complexity and make things happen
• Want to belong to a diverse culture that stands shoulder to shoulder with minority and underrepresented groups
• Care about society and the environment and want to be part of a business that cares too
• Want to continue to grow professionally and be the best version of yourself

• An ability to adopt a pragmatic approach to applications from employed, self-employed clients or those with complex income streams. within approved lending mandate
• Prepare concise and detailed lending recommendations
• To understand and analyse key items such as income proof, credit searches, bank statements, financial accounts, property valuations and other supporting documentation in order to make informed lending decisions
• To deliver high levels of accuracy and attention to detail in data input and all written communication produced
• Able to develop a rationale for those cases outside of own lending mandate or company lending policy and communicate findings to Credit Risk department for their consideration
• To build successful working relationships with external contacts such as brokers, customers, surveyors and solicitors as well as internal teams such as administrators, completion officers, credit risk and finance to ensure all lending requirements are satisfied prior to release of funds
• To effectively manage a pipeline of approximately 35 cases through to completion, ensuring both company service standards and the lending policy is complied with throughout
• Ensure a good understanding of all the company’s policies, procedures and compliance guidelines, installing the principles in your daily practice to protect the company from any associated risks
• To embrace the principles of treating customers fairly and responsible lending in all decision making
• Detailed understanding of MCOB and how this is applied to the Banks’ lending activities
• To be open to supporting other areas of the business where there is a business need

• Degree/MBA or similar business qualification or equivalent work experience appropriate to the role
• GCSE (or equivalent) in Math’s and English
• Strong commercial banking/ underwriting experience preferred in Regulated lending
• CEMAP desirable but not essential. CEMAP offered as part of the role
• Computer literate (good knowledge of MS Office suite – Excel, Word, Power-Point)
• Knowledge of TCF
• Good knowledge of compliance procedures within the regulated mortgage industry
• Reading of financial accounts, valuations, and credit searches
• Ability to develop an analytical and pragmatic approach to underwriting

Your Wellbeing - We take your health and well-being very seriously by providing a range of benefits to give you and your family peace of mind. These include:

• Market leading family friendly policies such as access to our Maternity, Adoption and Paternity policies from Day 1 of your employment
• Free access to Headspace, a mindfulness & meditation digital health app
• Free access to Peppy digital health app that offers personalised support through fertility treatment becoming a parent or menopause
• EAP (Employee Assistance Programme) - Offering you support on a wide range of subjects including financial concerns, mental wellbeing and more general queries around family, work, housing, and health
• Cycle to work scheme
• Discounts on gym membership
• Contributory pension scheme & death in service

Your Lifestyle - It’s important you strike the right balance between your work and personal life. We provide benefits to support you when at work and when you’re enjoying your leisure time.

• Minimum of 27 days holiday per year
• Option to buy or sell holiday days through our flexi-holiday scheme
• Discounts on gym membership nationwide
• Access to discounts on a range of high street and online brands
• Community support and charitable giving

Your Contribution - We’re focused on rewarding those that go the extra mile in helping us achieve our goals.

• Participation in our annual discretionary bonus scheme designed to reward your contribution to our success
• Proudly Shawbrook recognition scheme focused on recognising our role models and thanking our colleagues for a job well done