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Risk Underwriting Administrator - 6 Month Contract

Marks Sattin
Posted 15 hours ago, valid for 18 days
Location

London, Greater London EC1R 0WX

Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • The position of Risk Administrator is a 6-month contract role based in South-West London with a salary range of £200 - £225 per day or £30,000 - £35,000 for a fixed-term contract.
  • The role involves supporting risk-related administrative tasks and assisting the Risk team in underwriting and compliance responsibilities.
  • Key responsibilities include reviewing proposals, conducting customer searches, verifying supplier authenticity, and maintaining accurate records.
  • Candidates should have at least 1 year of experience in a Risk/Underwriting Administrative role within the Financial Services sector.
  • The position requires strong communication skills, attention to detail, and proficiency in MS Word and Excel, with an immediate availability preferred.

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 responsibilitiesKey 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 of detail.
  • Solid working knowledge of MS Word and Excel

We are happy to provide application and/or accessibility support, please contact your Marks Sattin or Grafton consultant directly to discuss your needs. We're committed to protecting the privacy of all our candidates and clients, please visit https://privacy and https://en/privacy-policy-1 for our privacy policy.

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.