Junior Underwriter

Job Title: Junior Underwriter (Home Improvements Lending) - Full training provided
Working Pattern: Rotating shift patterns, Monday to Sunday, 08.00 - 20.00, 36.25 hours per week. Hybrid working and flexible shifts available
Salary: up to £25,000 and up to 20% bonus and benefits, increased to £27,500 once training is complete.
Location: Cardiff, Hybrid

At Tandem, we're not just a bank; we're a movement for positive change. If you're an ambitious and dedicated Underwriter, ready to make an impact, we've got a space with your name on it! 

The main purpose of the role is support the Underwriting Manager to achieve departmental service levels whilst upholding company standards and complying with all relevant Company and regulatory obligations (including adherence to FCA rules (including FCA CONC rules, delivering fair customer outcomes TCF, FCA, CCA, DPA).   

This is a key role in ensuring that the fair treatment of customers is embedded within the Underwriting team whilst ensuring that fair customer outcomes are consistently delivered.

We are Tandem - Where impact meets innovation  

Tandem is the UK's greener digital bank on a bold quest to revolutionise the way we save, borrow, spend, and share – all while nurturing our planet, our people and our customers. As one of Europe’s fastest growing digital banks, our values of being Brave, Enterprising, Simple, and Together (BEST) ensure our 500-strong team collaborate to drive a brighter, greener future.  

Tandem also leads the way with a secondary app called Loop. Loop gives customers a simpler, hassle free and awkward free way to share money among friends. 

Your Impact: Building a greener tomorrow  

As an Underwriter at Tandem your focus will be on: 

• Ensuring SLA’s and team KPI metrices are met and when possible, exceeded for our intermediaries and customers 
• Excellent understanding of our Credit policies, lending rules and appetite 
• Sound Commercial understanding 
• Good understanding of the regulatory environment, FCA rulebook and ability to demonstrate the desired outcomes 
• Ensuring our Fair and Green outcomes are upheld and championed 
• Ownership of individual performance and personal development. 
• Represent the department and positively contribute to relevant committee meetings/projects groups.
• Maintain good level of knowledge of the relevant industry sector. 
• Accountability for individual performance and contribution to achieve KPI’s set by the business. 
• Ownership of individual performance and personal development 
• Ensure all information for customers and creditors is correct prior to loan pay-out. 
• Processing loan pay-out and handling return of funds 
• Handling dealer and broker queries over telephone and email  

We’d love to hear from you if you have:

• Experience in a similar role within a financial services lending environment.
• A working and knowledge and practical experience of underwriting applications for unsecured loans - training can also be provided
• Excellent attention to detail and a desire to provide excellent customer service. 
• Ability to self-motivate and use own initiative to achieve individual target 
• Demonstrable experience of identifying potential fraud 
• Strong computer literacy including working experience on Microsoft Office 
• Some call centre or telephony support experience  
• Good document validation skills 
• Demonstrable experience of Underwriting for loans with knowledge of how own performance affects wider Company objectives  

Rewards that reflect your value, what’s in it for you? 
 
At Tandem, your hard work is rewarded in many ways and we have an enhanced employee benefits package on offer from your very first day with us:   

• 25 days annual leave plus 8 days Bank Holiday   
• An additional day off for a ‘celebration day’ including, but not limited to, birthdays, weddings, religious holidays, graduations etc 
• Buy or sell up to 5 days holiday a year 
• Healthcare cash plan through Westfield Health worth a minimum of £750 per year 
• Electric Vehicle salary sacrifice scheme    
• Cycle to Work salary sacrifice scheme and a free helmet   
• Salary sacrifice Pension contribution*, 4% employee contributions matched with 4% Tandem contribution (*Subject to salary eligibility) 
• Smart Tech scheme (buy goods with 0% interest) 
• 10% discount on solar panels 
• Tandem Hub for treats, cash back and discounts on UK retailers    
• 2 days per year paid volunteering    
• Free cereal, snacks and drinks in all offices 
• Quarterly team social budgets  

Our Green Deal: Your Impact Amplified 

A little welcome gift from us to you, we’ll plant a tree in the Tandem Grove and you can enter into our “Green Deal” below: 

• Volunteer 2 days a year for charity > receive an early Friday finish  
• Raise £200 per annum for charity > Tandem provide PR and marketing support  
• Have renewable energy at home > receive an additional 1 day annual leave  
• Drive an electric car > receive £500 towards a home charger  

Ready to make your mark?  

Apply now and let's pave the way to a greener world, together. Our approach to DE&I is reflected in our hiring process so please let us know if you require any reasonable adjustments.   

Sourcing Model 

Recruitment at Tandem works primarily on a direct sourcing model and does not accept resumes from recruitment agencies which are not on the preferred supplier list. We are not responsible for any related fees for resumes submitted to job postings, our employees, or any other part of our company. You can find our Applicant Privacy Policy on our Careers page. 
 
Tandem is an equal opportunity employer and are committed to meeting our responsibilities under the Equality Act (2010). We respect the diverse experience and talents that every individual brings to our Company, and we are determined to ensure that no applicant or employee receives less favourable treatment on the grounds of gender, age, disability, religion, belief, sexual orientation, marital status, or race, or is disadvantaged by conditions or requirements which cannot be shown to be justifiable.  

Please be aware that background checking (including credit and criminal records checks) form part of our recruitment process. We will adhere to our duties under the Rehabilitation of Offenders Act 1974.