3 Days Left: Senior Underwriter

Job Description Embark on a transformative journey as Senior Underwriter at Barclays, where you'll spearhead the evolution of our digital landscape, driving innovation and excellence. You'll harness cutting-edge technology to revolutionize our digital offerings, ensuring unapparelled customer experiences. You will be assessed on the key critical skills relevant for success in role, such as experience with credit risk management, manual underwriting techniques, as well as job-specific skillsets. To be successful in this role as a Senior Underwriter, you should possess the following skillsets: - Prior experience in manual Underwriting in a bank or related industry. - A general understanding of the regulatory framework that applies to lending operations and the risk function. - Strong communication skills, verbal and written. - Regulation / Legislation Awareness - Knowledge of the Regulated Financial Services environment. Some Other Highly Valued Skills Include - CA or MBA (CFA/FRM added advantage). You may be assessed on the key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen strategic thinking and digital and technology, as well as job-specific technical skills. This role is based in our Noida office. Purpose of the role To assess the creditworthiness of new and existing borrowers applying for unsecured lending including loans, credit cards and overdrafts and make informed decisions about approving or denying credit. Accountabilities - Identification and mitigation of potential risks associated with individual borrowers and the overall unsecured portfolio. - Reviewing and analysis of financial reports, credit reports, and other relevant information to assess borrowers financial health, repayment capacity, and potential risk. - Applying credit scoring models, industry benchmarks, and internal guidelines to evaluate creditworthiness and determine appropriate lending terms. - Identification of potential red flags and discrepancies in the application that may indicate fraud or credit risk. Analyst Expectations - To perform prescribed activities in a timely manner and to a high standard consistently driving continuous improvement. - Requires in-depth technical knowledge and experience in their assigned area of expertise - Thorough understanding of the underlying principles and concepts within the area of expertise - They lead and supervise a team, guiding and supporting professional development, allocating work requirements and coordinating team resources. - If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L Listen and be authentic, E Energise and inspire, A Align across the enterprise, D Develop others. - OR for an individual contributor, they develop technical expertise in work area, acting as an advisor where appropriate. - Will have an impact on the work of related teams within the area. - Partner with other functions and business areas. - Takes responsibility for end results of a team's operational processing and activities. - Escalate breaches of policies / procedure appropriately. - Take responsibility for embedding new policies/ procedures adopted due to risk mitigation. - Advise and influence decision making within own area of expertise. - Take ownership for managing risk and strengthening controls in relation to the work you own or contribute to. Deliver your work and areas of responsibility in line with relevant rules, regulation and codes of conduct. - Maintain and continually build an understanding of how own sub-function integrates with function, alongside knowledge of the organisations products, services and processes within the function. - Demonstrate understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function. - Make evaluative judgements based on the analysis of factual information, paying attention to detail. - Resolve problems by identifying and selecting solutions through the application of acquired technical experience and will be guided by precedents. - Guide and persuade team members and communicate complex / sensitive information. - Act as contact point for stakeholders outside of the immediate function, while building a network of contacts outside team and external to the organisation. All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset to Empower, Challenge and Drive the operating manual for how we behave.