Risk Underwriting Administrator - 6 Month Contract
Posted 2 days 20 hours ago by Marks Sattin (UK) Ltd
Permanent
Not Specified
Other
London, United Kingdom
Job Description
Risk Administrator - 6 Month Contract
£200 - £225 per day Via Umbrella or £30,000 - £35,000 FTC
- Department: Risk
- Location: South-West London.
- Hybrid working: 2 days a week in the office
Overview:
A leading financial services provider specialising in vendor and equipment finance is looking for a Risk Underwriting Administrator to join on a 6-month contract.
This role involves supporting risk-related administrative activities and supporting the wider Risk team in their underwriting and compliance responsibilities.
Key Responsibilities:
- Review incoming proposals using a pre-set checklist to identify whether transactions meet the company's acceptance criteria before they are passed to the Risk Managers.
- Conduct exposure and customer name searches via internal risk systems to ensure accurate reporting.
- Investigate customer group affiliations using the global client database.
- Check clients and their Ultimate Beneficial Owners against internal watchlists for high-risk profiles or restricted activities.
- Verify the authenticity of suppliers involved in customer transactions and approve them where appropriate.
- Deliver professional, clear responses to internal queries within agreed service standards.
- Provide sound justifications when escalating Customer Due Diligence concerns to the Compliance team.
- Maintain up-to-date, accurate records in the core underwriting and customer systems.
- Assist with various administrative duties across the Risk function as required.
Requirements:
- 1+ years of experience in a Risk/Underwriting Administrative role within Financial Services sector.
- Immediately Available to start employment or have a notice period of less than 2 weeks.
- Strong verbal, written communication and organisational skills.
- Confident working with people across teams and levels with high attention to detail.
- Solid working knowledge of MS Word and Excel.