Underwriter

As an Underwriter at Oodle Car Finance, your primary responsibilities include assessing consumer credit applications, making informed decisions on lending, and ensuring all actions comply with the company's lending policies. You'll need to review financial documentation, analyze credit reports, and identify any potential fraudulent activities, making your role crucial in maintaining the integrity and success of Oodle.

To be considered for the Underwriter role at Oodle Car Finance, you should have previous experience in financial services as an underwriter, along with a strong understanding of financial regulations such as Consumer Duty and Anti Money Laundering. A keen eye for detail, analytical skills, and the ability to manage a high volume of tasks are essential for this fast-paced environment.

Oodle Car Finance offers various opportunities for professional growth and development. As an Underwriter, you'll have the chance to work alongside experienced colleagues, participate in ongoing training sessions, and receive guidance from management, allowing you to hone your skills in the automotive finance sector.

The work culture for an Underwriter at Oodle Car Finance is vibrant and collaborative. We embrace empathy and diversity, creating an environment where everyone feels valued. You can expect to work in a supportive atmosphere where your ideas and contributions are appreciated as we strive for excellence together.

As an Underwriter at Oodle Car Finance, you can enjoy a range of benefits, including competitive salary and performance bonuses, 25 days of holiday (+ bank holidays), private medical insurance, a cash health plan, pension contributions, enhanced family leave, and even a variety of employee perks such as discounts and free breakfasts in the office!

In answering this question, highlight your previous experience in financial services, focusing on specific examples of how you've assessed credit applications and made informed lending decisions. Emphasize your ability to analyze financial data and identify potential risks.

Discuss your strategies for staying informed, such as subscribing to industry publications, attending training sessions, and joining relevant professional forums. This shows your proactive approach to compliance and the importance of regulations in underwriting.

In your answer, share your preferred methods for prioritizing tasks, such as time management strategies and leveraging technology to streamline processes. This showcases your ability to work effectively in a fast-paced environment.

Explain your approach to investigating suspected fraud, detailing how you'd liaise with other departments and what checks you would perform. This illustrates your attention to detail and commitment to maintaining the integrity of the lending process.

Express your beliefs about the key qualities such as analytical skills, strong communication, and a customer-focused mindset. Relating these to how they align with Oodle's company culture will strengthen your position.

Provide a specific example where you had to make a challenging credit decision and what factors influenced your final choice. Emphasizing your reasoning process will showcase your analytical capabilities.

Discuss your balance between assessing risk and prioritizing customer satisfaction. Mention strategies you've used in the past to find the right lending solutions for customers within acceptable risk parameters.

Detail your experience with specific software tailored to underwriting and credit analysis. Discussing your comfort with technology will show your readiness to adapt to Oodle's systems.

Emphasize your collaborative spirit and share how you communicate with your team members to ensure processes run smoothly. Highlighting this will reflect Oodle's values of teamwork and building together.

Share your enthusiasm for Oodle's mission to disrupt the finance market and emphasize how the company's values resonate with you. This personal connection is vital for showing your dedication to the role.