Commercial Underwriter

We’re Atom

The bank that’s leading the fintech charge.

We’re not like the rest. We’re true innovators, and we’re redefining what a bank should be. Ours is a bank for today and the future, a mobile-first bank. Forget the stuffy branches, with Atom you can bank whenever, wherever, faster, and simpler.

Could you be the next innovator to join us?

What will your ‘typical’ day look like… (there’s no two days the same in Atom):

Atom’s Underwriting team assess residential mortgage and business banking secured loan applications, ensuring we are approving lending that sits within our policy guidelines and risk appetite, all the while offering open communication with our customers to provide the smoothest customer journey possible.

In this role you’ll be responsible for reviewing and underwriting new business lending applications, further advances, account reviews & loan modifications in line with our lending criteria, procedures & controls. You’ll deliver balanced lending decisions in line with your mandated authority.

You’ll use your excellent relationship building skills to communicate with various stakeholders both external and internal, across multiple channels. You’ll also be able to influence change as we continuously look to improve, bringing your ideas to the able to enhance our policy & processes.

This role is part of the Underwriter Pathway with opportunity to progress through this on completion of specific criteria from Underwriter Level 1 to Senior Underwriter Level 3.

• Operate within own personal lending mandate(s) and refer over mandate cases to appropriate mandate holders, or present to Credit Committee as required
• Ensure that all correspondence is in line with lending policy and provide enough evidence to satisfy KYC, KYB and AML requirements
• Ensure that all applications are complete, with full rationale for your lending decision must also documented on the lending system
• Ensure personal and team KPIs are met (including decision quality, customer satisfaction, regulatory compliance, and continuous improvement)
• Act fairly, reasonably and with integrity in all dealings with customers, intermediaries, Valuers, and related 3rd parties (including Valuers and conveyancers)
• Work effectively with colleagues from within the underwriting, risk, mortgages and other teams to we improve credit quality and minimise decision appeals
• Undertake ad hoc work as directed by line manager from time to time.

What do we need from you?

• Strong experience in Commercial Lending as an Underwriter or Relationship Manager
• Held a commercial lending mandate with experience in seeking delegated authority to approve applications when outside lending policy
• Full understanding of the principles of Responsible Lending, Conduct Risk, TCF and FCA thematic reviews
• Detailed understanding of KYC, KYB, AML and compliance related rules and regulations, mortgage fraud and the measures/systems in place to avoid it
• A good understanding of the intermediated lending market
• Knowledge of credit bureau data and its interpretation
• Familiar with, and able to apply, relevant lending law and practice
• Strong verbal and written communication skills
• Strong stakeholder management skills

What you’ll get from us:

• Salary range £39,750 - £44,732
• Flexible Hybrid working
• 4 Day Working Week
• Annual Share Option – performance related
• Incredibly generous company pension scheme (maximum of 13% of Atom input – candidate can put in more)
• ‘All About Me’ fund: £200 per year to spend on personal development
• 22.5 days Annual Leave + public holidays (rising by half a day with every 2 years in the company)
• Private Medical Insurance, Health Cash Plan, Life Insurance and Critical illness cover
• Electric Vehicle Scheme

PLEASE NOTE: You must have the legal right to work in the UK to apply for this role as Atom is unable to support Visa Applications/Sponsorship

Atom is an equal opportunities employer. We value you as an individual and therefore disregard race, religion/belief, gender, sexual orientation, maternity/pregnancy, age, gender reassignment, marriage/civil partnership and disability in any hiring decisions we make. Atom will always adhere to the Equality Act 2010.

All roles within Atom must adhere to the Conduct Rules as set out by the Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA)

As part of Atom bank’s commitment to the FCA’s Consumer Duty, Atom will, take all reasonable steps to avoid causing foreseeable harm to customers, take all reasonable steps to enable customers to pursue their financial objectives and act in good faith.