Underwriter
The Growth Company (GC) are seeking an Underwriter to join our Growth Company Business Finance Team (GCBF). In this role, you will spend your days engaging with entrepreneurs, assisting them in taking their first steps into self-employment. You will review business plans and financial documents, helping new business owners refine their planning tools to secure funding from the Start Up Loans scheme.
You will collaborate with the Underwriting Team Leader to meet loan delivery KPIs (currently up to £3.8m per annum) while ensuring that the necessary credit parameters are maintained within the loan portfolio.
Key Responsibilities:
1. Build and manage a caseload of loan applicants, ensuring fast advancement to payaway, whilst maintaining high quality and integrity.
2. Carry out holistic reviews of business planning documents to identify any discrepancies or potential barriers to market entry for the new business.
3. Meet and communicate with customers to assess loan applications.
4. Signpost clients to internal/external partners where appropriate, for further support in developing their business plans.
5. Provide a balanced loan recommendation to support or decline an application.
6. Record referrals on an internal system and develop reciprocity with partners.
7. Ensure adherence to Treating Customers Fairly principles and exceed expectations.
8. Assess and make lending recommendations for loan applications up to £100,000 under the Start-Up Loans contract for new and eligible existing businesses.
About You:
9. Able to work with a high volume of clients.
10. Excellent verbal and written communication abilities.
11. Keen attention to detail with a practical, common-sense approach.
12. Proficient in writing comprehensive reports.
13. Capable of collaborating with partners at all organizational levels.
14. Experienced in managing a high volume of clients.
Requirements:
15. A background in lending is preferred but not required, as training opportunities are provided.
16. Experience in judgmental lending within a financial institution is desirable.
17. Demonstrated success in business assessment to support loan funding is advantageous.
18. Financial acumen with a lending background is preferred.
19. Familiarity with IT and CRM systems is beneficial.
We are currently unable to provide sponsorship for work permits or visas. Therefore, we can only consider candidates who already have the legal right to work in the UK.
Artificial intelligence can assist you during the application process, but every example and statement you include must be honest, accurate, and based on your own real experiences. If plagiarism is detected, meaning you present someone else’s ideas or experiences, or AI‑generated content, as your own, your application may be withdrawn, and internal applicants could face disciplinary action.
At GC, safeguarding the welfare of all individuals including vulnerable adults and young people is a top priority, and we expect all staff to uphold this standard. All appointments follow Safer Recruitment Procedures, including a DBS check carried out by Due Diligence Limited (DDC Ltd), at no cost to the successful candidate.
Please note: It is a legal offence to apply for a role involving regulated activity if you are on the Barred List.
We are committed to increasing workforce diversity and offer a guaranteed interview to applicants who meet the essential criteria and either have a disability or are from a diverse ethnic community.
If this applies to you, you can request consideration under this scheme during the application process. Your request will be shared only with the Hiring Manager and Internal Recruitment Team.