Underwriter
BMW Group Financial Services UK is looking for an Underwriter. This role is based at the Summit ONE Campus in Farnborough.
What awaits you?
- Evaluate financial data making a fully justified and sound decision on all types of Private Customer GB (BMW / MINI) and Private Customer All Brands
- Decisions made within the agreed SLA with Sales
- Review of underwriting declines, appeals and complaints.
- Review and analyse additional information supplied by the Customer to evidence a decision.
- Collaborate within all underwriting teams and relevant stakeholders (Compliance, Risk, Sales Support, etc.)
- Identify and mitigate AML and Financial Crime
- Responsible for offering advice and support to Private Customer GB (BMW / MINI) and Private Customer All Brands in Application Processing for best customer and company outcomes in line with TCF regulations.
What should you bring along?
- A sound knowledge of the range of finance plans and financial services products essential
- Competence in FCA regulatory requirements incl. AML and Financial Crime and the regulatory impact on underwriting processes
- Strong communication skills are essential.
- Ability to work to deadlines with a high level of accuracy.
- Proven analytical and strong decision-making skills are essential.
- Be able to work well as a team and on own initiative, in particular when escalating problems or issues.
Closing Date: Wednesday 18th June 2025
At BMW Group, we are committed to offering our employees the right balance between work and personal life. We pride ourselves on being a flexible employer and for most roles, it could be possible to agree flexible hours, job share, compressed hours or part-time working hours and so please discuss your individual requirements as part of the application process so we can try to agree a suitable arrangement. [For this role, we also support a hybrid model which combines remote and office working.] #LI-Hybrid.
We also have several employee resource groups. If you’d like to speak confidentially to any of these groups before applying for a role, please email us directly at Recruitment.Farnborough@bmwgroup.com and we can arrange an informal discussion.
In 2025 BMW Group Financial Services UK was recognised as a Top Employer. We invest in our employees and embrace a culture of flexible working as well as promoting a positive, supportive culture and working environment. We are based in prestigious offices in Farnborough that provide a great place to work with good people and an exciting, engaging, industry leading brand.
Successful candidates will be required to complete background screening checks and the offer of employment will be subject to results which we consider are satisfactory. Checks will include references, right to work, IT system Compliance Integrity Check (COIN), CV and relevant qualifications. Checks may also include criminal records, adverse financial (credit), directorships, address, internet research and/or driving licence. If you have any queries on any of these checks, please discuss with us and we will be happy to go through with you in more detail.
We are proud to be a part of the Disability Confident scheme. The scheme supports employers to make the most of the talents disabled people can bring to the workplace.