Support the Procurement Team in the annual credit review of key suppliers.
Participate in lending initiatives and projects as they relate to Credit Risk.
Facilitate and chair monthly Credit Risk Review meetings between the business lines and Credit Risk.
To support the effective underwriting of Credit proposals across a breadth of residential buy-to-let, motor finance, residential property development and SME trading business sectors, either jointly approving within own personal delegated credit authority or supporting to Sanctioning Committee.
To consider underwriting referrals from all new business lines of the Paragon Banking Group that exceed local mandate authorities and those which are outside of Credit Policy.
Complete 2nd line quality assurance oversight of new business applications by ensuring that the proposals being accepted are within the Bank’s risk appetite.
Review, assess and (where appropriate) restructure credit recommendations for approval or onward recommendation to Sanctioning Committee.
Consider underwriting referrals from the Bank’s various new business lines through the application of a Credit Committee mandate.
Support the business lines in maintaining up to date and relevant policies & procedures.
To undertake 2nd line quality assurance oversight of new and existing lending, applying a comprehensive risk assessment approach to ensure that key credit risks are identified, monitored and efficiently controlled.
Requirements
senior underwriting
10+ years
ms office
degree
risk management
communication
Advanced report writing skills.
Demonstrate an ability to operate a Senior Underwriting mandate through an understanding of risk appetites, capital considerations and complex corporate lending structures/entities.
Ability to work self-sufficiently on own initiative and effectively manage completion of own objectives.
Attention to detail and excellent investigation/risk management skills.
A minimum of 10 years credit underwriting experience across a breadth of lending sectors.
A full and demonstrable understanding of the credit cycle through strong business awareness.
Ideally educated to degree level or equivalent.
Use of MS Office software for data analysis and review reports
Effective communication, presentation, and people management skills.
Benefits
Life Assurance and Personal Accident Cover
Employee Discounts: Enjoy exclusive discounts on entertainment, travel, shopping, motoring and more
Share Save Scheme: Annually, you have the opportunity to buy shares in Paragon at a discounted rate
Monday to Friday - 37.5 hours hybrid role, 2 days in the office.
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
Generous Holiday Allowance: Starting from 25 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
Volunteering Day: Contribute to causes you care about with one volunteering day per year
Family Friendly policies: We offer enhanced parental pay and paid time off for fertility treatment
Training + Development
Information not given or found
Interview process
Information not given or found
Visa Sponsorship
Information not given or found
Security clearance
Information not given or found
Company
Overview
1985-founded
Year Established
Operates since 1985 as National Home Loans Corporation.
FTSE 250-listed
Market Ranking
A fully integrated specialist bank listed on the FTSE 250.
£15B in loans
Managed Assets
Manages over £15 billion in loans across its lending segments.
£1.3B revenue
Annual Revenue
Reported over £1.3 billion in revenue in 2024.
Operates through two main segments: mortgage lending (primarily buy‑to‑let) and commercial lending including motor, development, SME and structured finance.
Has built a strong pipeline in buy‑to‑let and property development finance, recently driving notable loan growth.
Notable for limited motor finance exposure amidst broader sector risks, highlighting its prudent risk management.
Strong digital push with initiatives like the Spring savings app and enhanced buy‑to‑let mortgage platforms.
Culture + Values
To work together to ensure good outcomes for all our customers
To maintain the highest standards and deliver our products and services with care and accuracy
To be honest and open in everything we do
To ensure we have fun while achieving success!
To drive the business forward with determination and to do so with effort and enthusiasm
To identify and create new business opportunities and apply creative and effective solutions to problems
To work in harmony and collectively towards the delivery of our overall objective
To treat people as individuals and listen to their views
Environment + Sustainability
48% emissions reduction
Operational Emissions Reduction
Committed to reducing operational market-based emissions by 48% compared to the 2019 baseline by 2024.
95% renewable electricity
Renewable Energy Usage
95% of electricity is sourced from renewable sources, significantly reducing the carbon footprint of operations.
53.4% green lending
Sustainable Mortgage Lending
53.4% of new mortgage lending in 2024 was allocated to EPC-rated A–C properties, promoting energy efficiency.
£300M green funding
Green Homes Initiative Funding
Increased funding to £300 million in 2024 to support green initiatives, fostering sustainable living and energy efficiency.
Joined Bankers for Net Zero and committed to be net zero across operational footprint by 2030.
SME division funds green assets including solar panels, wind turbines, EV charging, heat pumps, and energy storage.
Issued £150 million Tier 2 Green Bond in March 2021 to finance EPC A–B residential real estate.
No environmental prosecutions or fines to date.
Inclusion & Diversity
40% Female
Senior Management Target
Aiming for 40% female representation in senior roles by 2025, up from 35% in 2022.
5% Minority
Senior Management Diversity
Targeting at least 5% representation from ethnic minority backgrounds in senior roles by 2027.
Established EDI Network in 2020 to support diverse talent and build inclusive workforce
Signed Race at Work Charter principles including board-level commitment and ethnicity data capture
Accredited Disability Confident employer: inclusive recruitment, interview, adjustments and support
Launched cross-company mentoring via 30% Club; founding member of Progress Together for socio‑economic diversity
Published annual Gender Pay Gap Report; no indication of unequal pay in similar roles, but men in higher-paid roles highlighted
Annual data collection on age, gender, ethnicity, sexual orientation, religion and disability to monitor diversity progress