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Risk Underwriting Administrator - 6 Month Contract

Posted 3 days 6 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.
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