Allica Bank on cord

Allica Bank

Underwriter

External position
London, UK
Hiring internally for Allica Bank?
Banking · FinTech · Finance
Allica Bank exists to empower small and medium businesses to succeed.
Active
over 6 months ago
Posted
a week ago
Checked
cord regularly checks that external positions are still open
13 hours ago

Skills & Experience

Job roles: Finance/Accounting
Experience level: Mid, Senior
Core skills considered: Accounting software, FinancialForce, FreshBooks, NetSuite, Phinsys
Other skills considered: Quickbooks, Sage, Wave, Xero

Logistics

Base salary: Undisclosed
Some companies on cord are unable to disclose salaries publicly due to internal company policies. Message the company for salary information.
Employment type: Permanent
Remote working: Hybrid (up to 2 remote days p/w)
Visa sponsorship: Not available

Job Description

The purpose of the role is to underwrite borrowing requests received via a variety of channels, including online in line with the Bank's approved Credit Policy and in accordance with the Banks asset portfolio (including but not limited to commercial mortgages, commercial investment loans, commercial loans against leasehold properties).


Responsibilities

  • Assess and underwrite direct credit loan applications within personal discretion, in line with the all regulatory requirements, the Bank's credit appetite policy and underwriting policies utilising appropriate credit data and analytical tools.
  • Produce clear, accurate and concise written documentation, making clear recommendations to the Credit team for loan application requests falling outside of personal discretion or outside of credit policy, escalating cases where necessary to the appropriate Delegated Lending Authorities.
  • Manage and own the end to end application process, from initial enquiry to completion, liaising effectively with the panel solicitors in terms of required security instructions and ensure loans are appropriately documented and borrowing is fully secured before draw-down.
  • Liaise with the Credit team as required in managing the credit risk environment, concentration risk and developing credit policy.
  • Undertake regular checks and monitor agreed controls to ensure the Bank's risk and customer requirements are met at all times; escalating immediately any areas of concern
  • Manage a portfolio of advances to a defined arrears and collections policy.
  • Liaise effectively with applicants (or their brokers) and valuers in requests for additional relevant information to support the credit decisioning process.
  • Deliver an excellent service is given to customers, their brokers and Relationship Managers, building and maintaining strong relationships in line with the Bank's values and defined customer experience standards.
  • Ensure compliance with all mandatory policies and adherence to credit procedures to maintain internal credit controls.
  • Fully understand and comply with operational procedures, requirements and SLA's.
  • Help develop appropriate MI and KPI indicators and reporting, maintaining suitable MI to enable a detailed understanding of Mortgage processing pipeline
  • Actively search for areas of improvement for the Bank and your team and take ownership for delivery of these, setting a good example by displaying appropriate values and behaviour

Requirements

  • Exposure/knowledge of underwriting, with experience in the SME sector, with an understanding of the competitor landscape and the dynamics and trends of the SME market.
  • Excellent credit/financial analysis skills including the analysis of financial accounts, budgets and cashflow forecasting, Understanding of the loan underwriting process and the risks involved and be able to assess applications within a personal discretion and make recommendations and take commercial decisions.
  • Experience of escalating and presenting at Credit Committee level and Arrears Management.
  • Strong analytical, verbal and written communication skills.
  • Ability to build strong and lasting relationships with internal stakeholders such as the distribution team, operations team and senior management, plus 3rd party suppliers such as Intermediaries, Valuers and Solicitors.
  • Understand and comply with all regulatory requirements, plus internal policies / procedures, guidelines, risks and controls and service levels.
  • Good understanding of TCF, AML, KYC and Conduct risk.

Company Benefits

At Allica Bank we want to ensure our employees have the right tools and environment in which to succeed in their role and in support of our customers. Our employees are at the heart of everything we do, so our benefits are designed with you in mind:

  • Full onboarding support and continued development opportunities
  • Options for flexible working
  • Regular social activities
  • 25 days holiday
  • Pension contributions
  • Discretionary bonus/equity scheme
  • Private health cover (with the option to add family members)
  • Life assurance
  • Family friendly policies including enhanced Maternity & Paternity leave
  • Season ticket loans
Underwriter at Allica Bank
Position posted a week ago

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Starling Bank on cord

Starling Bank

Full Stack Engineer (ML Ops)

London, UK
FinTech · Banking · Finance
A better bank for everyone
Active
over 6 months ago
Responds to
0% of requests
Responds in
1h 55m
Requests
7 pending

Skills & Experience

Job roles: Full Stack
Experience level: Mid, Senior
Core skills considered: Java, React, Redux, AWS, JavaScript

Logistics

Base salary: £70K - £110K
Employment type: Permanent
Remote working: Hybrid (up to 2 remote days p/w)
Visa sponsorship: Not available

Job Description

Starling is the UK’s first and leading digital bank on a mission to fix banking! Our vision is fast technology, fair service, and honest values. All at the tap of a phone, all the time.

Starling is the UK’s first and leading digital bank on a mission to fix banking! We built a new kind of bank because we knew technology had the power to help people save, spend and manage their money in a new and transformative way.

We’re a fully licensed UK bank with the culture and spirit of a fast-moving, disruptive tech company. We’re a bank, but better: fairer, easier to use and designed to demystify money for everyone. We employ more than 3,000 people across our London, Southampton, Cardiff and Manchester offices.

Our technologists are at the very heart of Starling and enjoy working in a fast-paced environment that is all about building things, creating new stuff, and disruptive technology that keeps us on the cutting edge of fintech. We operate a flat structure to empower you to make decisions regardless of what your primary responsibilities may be, innovation and collaboration will be at the core of everything you do. Help is never far away in our open culture, you will find support in your team and from across the business, we are in this together!

The way to thrive and shine within Starling is to be a self-driven individual and be able to take full ownership of everything around you: From building things, designing, discovering, to sharing knowledge with your colleagues and making sure all processes are efficient and productive to deliver the best possible results for our customers. Our purpose is underpinned by five Starling values: Listen, Keep It Simple, Do The Right Thing, Own It, and Aim For Greatness.

Hybrid Working

We have a Hybrid approach to working here at Starling - our preference is that you're located within a commutable distance of one of our offices so that we're able to interact and collaborate in person. We don't like to mandate how much you visit the office and work from home, that's to be agreed upon between you and your manager.

Our Data Environment

Our Data teams are excited about the value of data within the business, powers our product decisions to improve things for our customers and enhance effective and agile decision making, regardless of what their primary tech stack may be. Hear from the team in our latest blogs or our case studies with Women in Tech.

We are looking for talented data professionals at all levels to join the team. We value people being engaged and caring about customers, caring about the code they write and the contribution they make to Starling. People with a broad ability to apply themselves to a multitude of problems and challenges, who can work across teams do great things here at Starling, to continue changing banking for good.

Requirements

We have built our entire banking platform in house and mostly in Java. We are looking for people who want to work on building the tooling that is used by our engineers on a daily basis.

We are looking for people who are truly full stack, and are as comfortable polishing their javascript front end as they are debugging the innards of their java applications database interactions, or standing up infrastructure with terraform. We are looking for people who can:

  • Design REST apis.
  • Code backend services, ideally using Java, or another other server side compiled language.
  • Develop modern front ends, ideally using React and Redux.
  • Get their code into the cloud and support it there, ideally on AWS.
  • Believe in clean coding, simple solutions, automated testing and continuous deployment.
  • Like to take ownership of a feature from the original idea through to live.
  • Think (like us) that a small number of empowered developers is the right way to deliver software.

Company Benefits

  • 33 days holiday (including flexible bank holidays)
  • An extra day’s holiday for your birthday
  • 16 hours paid volunteering time a year
  • Part-time and/or flexible hours available for most roles
  • Salary sacrifice, company enhanced pension scheme
  • Life insurance at 4x your salary
  • Hybrid/remote working
  • Private Medical Insurance with VitalityHealth including mental health support and cancer care. Partner benefits include discounts with Waitrose, Mr&Mrs Smith and Peloton
  • Generous family-friendly policies
  • Varied social groups set up and run by our employees
  • Perkbox membership giving access to retail discounts, a wellness platform for physical and mental health, and weekly free and boosted perks
  • Access to initiatives like Cycle to Work, Salary Sacrificed Gym partnerships and Electric Vehicle (EV) leasing

Full details are available on our careers site

Interview Process

Interviewing is a two way process and we want you to have the time and opportunity to get to know us, as much as we are getting to know you! Our interviews are conversational and we want to get the best from you, so come with questions and be curious. In general you can expect the below, following a chat with one of our Talent Team:

  • Stage 1 - 30 mins with one of the team
  • Stage 2 - Take home challenge
  • Stage 3 - 90 mins technical interview with two team members
  • Stage 3 - 45 min final with an executive and a member of the people team
Alex Yeates on cord
Message Alex Yeates at Starling Bank
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