Underwriter
Paragon Banking Group Plc
Underwrite and review SME credit proposals, ensuring compliance and supporting loan decisions.
14 days ago ago
Intermediate (4-7 years), Expert & Leadership (13+ years), Experienced (8-12 years)
Full Time
Southampton, England, United Kingdom
Office Full-Time
Company Size
1,400 Employees
Service Specialisms
Property Development
Real Estate Finance
Residential Mortgages
Buy-to-Let Mortgages
Commercial Mortgages
Savings Accounts
Investment Solutions
Business Banking
Sector Specialisms
Buy-to-Let Mortgages
Consumer Lending
Savings Products
Agriculture
Aviation
Construction
Commercial Lending
Role
What you would be doing
- Ensure annual reviews are completed accurately and on time.
- Make commercially balanced decisions where necessary to support the business whilst remaining within credit policy.
- Overview credit proposals that are above other underwriter’s mandates and approve or, if not supportive, provide feedback to the underwriter.
- Recommend new credit proposals outside of your personal mandate for submission to Senior Underwriters and Senior Credit Managers.
- Build effective relationships within SME Lending, the Bank and attend customer visits as and when required.
- Ensure credit analysis of each proposal is appropriate for the level of advance and will meet the QA process.
- Underwrite new credit proposals within your personal mandate.
- 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.
What you bring
- You will have intermediate commercial lending experience in both unsecured and secured lending and be able to demonstrate an understanding of funding a range of assets.
- 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.
- Good written skills in order to assist with the completion of credit papers for overview by higher mandate holders including Senior Credit Managers.
- Able to accurately assess a large volume of low value proposals on a daily basis.
- Life Assurance and Personal Accident Cover
- Pension Plan: We contribute up to 10% of your annual salary towards your pension
- Profit Related Pay: We share some of our annual profit with our eligible employees
- Volunteering Day: Contribute to causes you care about with one volunteering day per year
- 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
- Family Friendly policies : We offer enhanced parental pay and paid time off for fertility treatment
- Share Save Scheme: Annually, you have the opportunity to buy shares in Paragon at a discounted rate
- Employee Discounts: Enjoy exclusive discounts on entertainment, travel, shopping, motoring and more
Information not given or found
Interview process
Information not given or found
Visa SponsorshipInformation not given or found
Security clearanceInformation not given or found
People also searched
Risk Analyst Jobs in Southampton United KingdomRisk Manager Jobs in Southampton United KingdomCommercial Administrator Jobs in Southampton United KingdomRisk Advisor Jobs in Southampton United KingdomRisk Analyst Jobs in Winchester United KingdomRisk Manager Jobs in Winchester United KingdomCommercial Administrator Jobs in Winchester United KingdomRisk Advisor Jobs in Winchester United Kingdom
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.
- 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
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.
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
Kablio AIIf you're someone who helps build and power the world (or dreams to), Kablio AI is your pocket-sized recruiter that gets you hired.
Copyright © 2025 Kablio