Senior Manager - Underwriting
Senior Manager - Underwriting
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Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
PURPOSE AND SCOPE OF JOB
- To effectively lead and manage a Commercial Investment & BTL underwriting team
- To provide an effective and efficient underwriting operation to support the business objectives whilst maintaining the required risk standards.
- To deliver favourable customer outcomes in terms of credit assessment and customer experience
- To analyse and understand credit risks being presented and ensure both Asset Class Policies and Lending Policies are understood and respected across the CI & BTL team
- To embed both the Bank and Divisions Risk Management Framework within all activities within the CI & BTL underwriting team
- The role holder will be required to exercise a delegated lending authority of up to 2.5m and participate in ad hoc projects as required
Reporting to the Head of Underwriting & Completions principal interfaces will be with the Group Credit Risk and the Complex Deal Forum
KEY ROLE RESPONSIBILITIES
- Accountability for all Commercial Investment & BTL Credit Risk Underwriting activities
- To act as the subject matter expert for Credit Risk within CI & BTL engaging with all stakeholders to support the achievement of applicable objectives.
- Leadership and management of people to ensure that all functions within CI & BTL Credit are fully staffed trained compliant and effective.
- To communicate and escalate potential issues/risks in a prompt and effective manner.
- To report all issues of regulatory concern to the Chief Risk Officer and/or the Commercial Property MD Commercial Property Customer Delivery Director or the Bank Legal and Compliance Departments.
- Act as the 1st line senior underwriter for new CI & BTL credits and facility reviews
- To monitor analyse and report on portfolio metrics to include business flows single debtor concentrations credit policy exceptions escalating to senior management where appropriate.
- Ensure complete data integrity and adherence to process of the CI & BTL I team.
- Manage performance standards of CI & BTL Underwriters through robust QA structure providing feedback and coaching to Underwriters as applicable.
- To support the Head of Underwriting in setting and monitoring appropriate Credit Risk appetite metrics for CI & BTL.
- Providing support education and training to CI & BTL staff on risk related issues.
Qualifications :
- Proven experience in Commercial Property.
- Deep and broad business and financial acumen
Technical
- Significant industry knowledge in the CI & BTL Property market including a deep understanding of lending practices in that sector structures risks covenant requirements pricing and competition.
- Demonstrable ability to under commercial analysis of a business both in terms of financial and non-financial aspects.
- Excellent customer service presentation and negotiation skills
- Experience in executive level reporting on strategic initiatives.
- Thorough comprehension of credit risk management credit administration loan production and servicing.
- Proven credit-underwriting skills within either banking or finance industry
- Compliance with all regulatory requirements remaining in good standing with regulatory agencies.
- Strong commercial financial acumen and capability in strategic thinking executive level reporting and effective business planning
- Strong customer/intermediary and market insight
- Knowledge of Consumer Credit Act and Data Protection Act
Interpersonal
- Strong and proven leadership skills to lead and develop a team by example.
- Ability to work in a changing environment requiring adaptability and flexibility together with the management of people through change.
- Excellent interpersonal skills with the ability to build rapport in order to engage employees and gain support of peers.
- Build a strong balanced and effective team by setting clear goals and expectations
- Strong influencing and assertiveness skills and the ability to communicate effectively both orally and in writing with all levels of management regulators and committees of the Board of Directors.
- High levels of drive energy and personal commitment to success
- Ability to prioritise and manage multiple business needs and projects.
- Creativity and innovation
- Results orientated holds self-accountable
Additional Information :
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 - Its important you strike the right balance between your work and personal life. We provide benefits to support you when at work and when youre 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 - Were 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
Remote Work :
No
Employment Type :
Full-time
Employment Type
Full-time
