Allica Bank is hiring an Assistant Underwriter

Allica Bank is hiring an Assistant Underwriter to join our Commercial Mortgage Underwriting team. In this role, you will provide vital support to Underwriters by conducting research, analyzing data, and drafting reports to help assess borrowing requests. You'll play a key part in managing workflow and ensuring a high standard of service.

What You'll Do

• Support the Underwriting team with the management and organisation of workflow.
• Assess and review initial enquiries from Brokers and Relationship Managers in line with regulatory requirements and the Bank’s credit policies.
• Produce clear, accurate, and concise written documentation, making clear recommendations for loan application requests falling outside of personal discretion or credit policy.
• Undertake regular checks, Customer due diligence, and monitor agreed controls to ensure the Bank’s risk and customer requirements are met.
• Liaise effectively with Brokers, Relationship Managers, and valuers to request additional relevant information to support the credit decisioning process.
• Deliver an excellent service to customers, brokers, and Relationship Managers, building and maintaining strong relationships.
• 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.
• Establish and actively manage a personal development plan.

What We're Looking For

• Some experience in Financial Services gained from a Bank, Building Society, or other financial institution.
• Strong analytical, verbal, and written communication skills.
• Ability to build strong and lasting relationships with internal stakeholders and 3rd party suppliers.
• Understand and comply with all regulatory requirements, plus internal policies, procedures, guidelines, risks, controls, and service levels.
• Good understanding of TCF, AML, KYC, and Conduct risk.
• Expected to work to business needs, which may include covering late nights and weekends on a rota basis.
• Good Microsoft Office and other technical system skills.

Nice to Have

• Some understanding of loan documentation and credit risk.

Team & Environment

You will be part of the Commercial Mortgage Underwriting team within the wider Risk team at Allica Bank.

Benefits & Compensation

• Full onboarding support and continued development opportunities.
• Options for flexible working.
• Regular social activities.
• Pension contributions.
• Discretionary bonus scheme.
• Private health cover.
• Life assurance.
• Family friendly policies including enhanced Maternity & Paternity leave.

Work Mode

This role follows a hybrid work model.

Allica Bank believes our openness and differences make us stronger, and we want everybody to feel comfortable bringing as much of themselves to work with them as they like.