Underwriting Associate

ABOUT US

About Oakbrook Finance

Oakbrook is a leading digitally enabled consumer finance and technology business with a mission to simplify and personalise borrowing. Since our founding in 2011, we've been dedicated to providing fair and flexible access to credit for a wide range of customers, many of whom are not well-served by traditional lenders. Our proprietary technology platform, O6K, allows us to make data-driven decisions and offer a seamless, customer-centric experience.

Oakbrook Finance and Blenheim Chalcot

As a key part of the Blenheim Chalcot ecosystem, the UK's leading digital venture builder, Oakbrook is at the forefront of financial innovation. Blenheim Chalcot has a successful track record of building and scaling disruptive digital businesses, and their support provides us with a unique advantage in the market. This relationship allows us to collaborate with other innovative fintech companies, share expertise, and continue to push the boundaries of what's possible in the consumer lending space. We are proud to be part of a vibrant community of businesses that are transforming industries and making a real impact on people's lives.

 

THE ROLE

 As an Underwriting Associate based in our India office, you will be at the very heart of Oakbrook's mission to provide fair and responsible lending. You will play a critical role in supporting our UK underwriting function, ensuring the accuracy and integrity of our lending decisions.

This isn't just a traditional underwriting role; you will be on the front line of a business actively integrating Generative AI into its core processes. You'll have the unique opportunity to work with, and help refine, the next generation of fintech tools in a fast-paced and progressive environment.

 Key Responsibilities:

• Conduct detailed reviews of loan applications, verifying applicant documentation for completeness and authenticity.
• Perform rigorous analysis of financial data, including bank statements and credit reports, to assess affordability and creditworthiness.
• Collaborate closely with the underwriting team, preparing clear and concise summaries to support robust and fair lending decisions.
• Ensure all underwriting activities adhere to strict regulatory standards and internal credit policies.
• Identify opportunities for process improvement and contribute to the evolution of our GenAI-enabled underwriting systems.

 

ABOUT YOU

You are a highly analytical and detail-oriented professional who thrives in a dynamic, fast-paced environment. You're comfortable with ambiguity and change, seeing them as opportunities to learn and grow. With a proven track record in financial operations, you possess excellent judgement and the ability to manage stakeholders effectively.

What You'll Bring (Essential Experience & Skills):

• Demonstrable experience (1-3 years) in a financial operations role (e.g., lending, mortgage, or banking) for UK or US markets.
• Expertise in financial document verification and data analysis, including the assessment of bank statements, credit reports, and other financial records.
• A comprehensive understanding of the customer lifecycle in lending, from application and underwriting to servicing.
• Strong analytical and problem-solving skills, with the ability to identify process gaps and recommend effective solutions.
• A degree from a recognised university.

Bonus Points For (Desirable Skills):

• Hands-on experience with GenAI or automation tools within a financial services context.
• Exceptional communication and reporting skills, with experience presenting data to stakeholders.
• Advanced proficiency in MS Office, particularly Excel.

 

WHAT WE CAN OFFER YOU:

• Competitive Compensation.
• Opportunity to work alongside the global team; gain diverse knowledge.
• Be part of Blenheim Chalcot: World’s Leading Digital Venture Builder and be exposed to the right mix of challenges, within a culture that promotes continuous learning and development and opportunity to work with Gen AI.
• Private Medical for you and your immediate family & Life Insurance for yourself.
• Social events throughout the year.

 

PROCESS

We have a rigorous recruitment process, which we use for all our roles to ensure we attract the very best talent.

Please note we are office based which requires our colleagues to be together in the office 5 days a week with flexibility around personal commitments, interests and obligations. This ensures we have the opportunity to continuously collaborate with the whole portfolio to stay connected and grow our community.