Senior Underwriter

A Platinum Investors in People employer and an award-winning UK bank, focused on growth. Our customers include savers and businesses across the UK and, working together, we use our specialist expertise to help them achieve their ambitions and build a sustainable future. If you’re an experienced Senior Underwriter looking for an opportunity to grow in a friendly environment, we’re looking for you!

• Underwrite new credit proposals within your personal mandate.
• Recommend new credit proposals outside of your personal mandate for submission to Senior Credit Managers.
• Preparation of credit papers for submission to Senior Credit Managers and Credit Risk.
• Overview credit proposals that are above other underwriter’s mandates and approve or, if not supportive, provide feedback to the underwriter.
• Ensure credit analysis of each proposal is appropriate for the level of advance and will meet the QA process.
• Provide guidance to the credit team and the wider SME business on credit policy and appetite.
• To support and assist the Senior Credit Managers and where required, deputise for them.
• Ensure annual reviews are completed accurately and on time.
• Build effective relationships within SME Lending, the Bank and attend customer visits as and when required.
• Encourage an open culture with regular two-way communication with not only the Credit team but the rest of the business including Sales, Asset Management and Collections/Recoveries.

• You will have strong commercial lending experience in both unsecured and secured lending and be able to demonstrate an understanding of funding a wide range of assets and lending structures.
• An ability to work in a direct and broker origination model to support SME Lending's internal and external sales teams and understand the different dynamics involved.
• Make sound commercial decisions where necessary to support the business whilst remaining within credit policy.
• Advanced written and presentation skills in order to produce credit papers for overview by higher mandate holders including Credit Risk.

Even if you don’t meet all the criteria, we encourage you to apply. At Paragon, we value diversity and we’re excited to hear from passionate individuals like you! If you’re ready to contribute to the team, please apply.

Further information on the role can be found in the Purpose and Performance Profile (PPP), which is downloadable on this page.

This is a full-time position, Monday to Friday from 8:30 am to 5:00 pm. We offer a hybrid working model requiring a minimum of 2 days per week in our Southampton office.

As a Disability Confident Employer, we want to ensure that our vacancies are accessible for everyone. If you have a disability, long term health condition or are neurodiverse and need us to adjust our recruitment process please get in touch with our recruitment team.

• Generous Holiday Allowance:
  Starting from 27 days and climbing to 30, you also get to enjoy a day off for your birthday, Christmas Eve, and New Year’s Eve. You can also buy or sell up to a week’s leave.
• Share Save Scheme:
  Annually, you have the opportunity to buy shares in Paragon at a discounted rate.
• Profit Related Pay:
  We share some of our annual profit with our eligible employees.
• Pension Plan:
  We contribute up to 10% of your annual salary towards your pension.
• Family Friendly policies:
  We offer enhanced parental pay and paid time off for fertility treatment.
• Employee Discounts:
  Enjoy exclusive discounts on entertainment, travel, shopping, motoring and more.
• Volunteering Day:
  Contribute to causes you care about with one volunteering day per year.
• Life Assurance and Personal Accident Cover.

Be flexible We promote flexibility around how and where we work so that you can achieve a healthier work-life balance. We operate hybrid working, splitting our week between the office and home.

Be yourself As an equal opportunities’ employer, we welcome diversity and care about inclusion. That’s why we want you to be your whole self  believe an inclusive workplace is good for each of us, great for our customers and better for our business. Our Equality, Diversity and Inclusion…