Credit Underwriter

Credit Underwriter Central London based Up to £50K basic My client is a well backed growing Fintech with large scale ambitions to disrupt the SME lending landscape in the UK. They are well capitalised from their international lending arm & have been able to utilises systems, AI & Automation to launch competitively in the UK. After launching 18months ago, they have doubled lending expectations and have a brilliant reputation amongst brokers for speed of delivery. They have a simple but effective SME loan product up to £500K & have product expansion plans in 2027... We are looking for credit underwriter to work in close knit team of 3 & reporting into the Head of Credit Key Responsibilities

• Assess loan applications using internal scorecards, credit bureau data, bank statement analysis, and affordability models
• Evaluate income, cash flow, liabilities, and risk factors
• Make approve/decline decisions within mandate
• Recommend conditions or structured offers where appropriate.
• Identify fraud indicators and escalate when required. Risk Management
• Ensure lending decisions align with credit policy and risk appetite
• Maintain strong portfolio quality and acceptable default rates
• Monitor early arrears trends and feedback into underwriting improvements
• Escalate complex or borderline cases appropriately. Compliance & Governance
• Adhere to regulatory requirements (e.g., responsible lending, affordability, KYC/AML)
• Maintain complete and accurate case documentation.
• Support internal and external audits. Process & Continuous Improvement
• Provide feedback on credit policy, decision rules, and automation opportunities.
• Support testing of new underwriting models and rule changes.
• Contribute to improving turnaround times while maintaining risk standards. Looking for:
• 2+ years underwriting experience (consumer or SME lending)
• Strong understanding of credit risk fundamentals
• Experience analysing bank statements and credit reports
• Knowledge of affordability assessments
• High attention to detail
• Strong decision-making ability
• Comfortable working with data and credit systems.