Credit Manager (Residential Loans Underwriting)

Founded in 2000, we’re a group of businesses investing in the people, ideas and industries that will change the world. We’re passionate about helping people get more from their money and have built an ecosystem of businesses that do just that — including Octopus MoneyCoach, Seccl, and Octopus Wealth.

At Octopus Investments, we’re experts in financial services and proud to be a certified B Corp. That means we care as much about the impact of our investments as the returns they generate.

We think working here is great, but we’re understandably biased. Click  here to explore Life at Octopus.

Job Description

We’re looking for a detail-oriented and experienced Credit Manager to join our Residential Lending team and help assess and manage credit risk across our bridging, refurbishment and buy-to-let loan products.

What's in it for you?

You’ll play a key role in shaping lending decisions, working closely with brokers, surveyors, solicitors, and internal teams to ensure loans are structured responsibly and aligned with our risk appetite.

This is a fantastic opportunity for someone with a strong background in property-backed lending who thrives in a fast-paced, collaborative environment. You’ll be given autonomy, exposure to cross-functional projects, and the chance to contribute to strategic initiatives across our Real Estate division.

The team

You’ll be joining a team of five Credit Managers within our Residential Lending function. It’s a collaborative, high-performing group that works closely with Sales, Portfolio, and other Real Estate teams to ensure seamless credit risk management.

What you'll be doing

Assess & Decide:

• Conduct detailed credit risk assessments for bridging, refurbishment and BTL loans.
• Analyse financials, valuations, and borrower profiles to evaluate loan viability.
• Approve or decline applications in line with our credit policies and market conditions.

Collaborate & Communicate:

• Liaise with brokers, surveyors, and solicitors to gather documentation and resolve queries.
• Maintain strong relationships with third-party stakeholders to support smooth loan execution.

Monitor & Improve:

• Support the Portfolio team with credit-related queries throughout the loan lifecycle.
• Monitor loan performance and recommend actions to mitigate risk.
• Ensure compliance with lending regulations and internal policies.

Qualifications

• Minimum 3 years’ experience in underwriting secured property-backed lending.
• Strong understanding of the UK residential property market and lending risks.
• Experience working with brokers, surveyors, and solicitors.
• Ability to assess complex valuations and make sound lending decisions.
• Proficiency in Microsoft Office and loan management systems.
• Experience with bridging, refurbishment or buy-to-let loans.
• Experience holding a lending mandate.
• Strong interpersonal skills and a proactive, team-oriented mindset.

Additional Information

What we offer

A competitive salary, bonus, pension and share incentive plan
✈️ Untracked holiday
Hybrid working – minimum 3 days a week in the office
⚓ Anchor (our wellness hub) which includes Headspace, one to one coaching through Wellness Cloud, Digital GP & more
Up to 6 months paid parental leave regardless of gender
❤️ Life insurance, critical illness cover and income protection
Private medical insurance for you and your family
Electric vehicle leasing
The option to work overseas up to a month per year

Our Values
At our core, we believe that how a company behaves is just as important as what it does. That’s why we chose to become an accredited B Corp (the equivalent of a Fairtrade coffee stamp but for companies) and to change our Articles of Association so that the interests all our stakeholders – employees, customers, communities, environment and shareholders – are considered in every decision we make.  

We are committed to building a workplace where diversity is valued, and inclusion is a priority. By providing equal opportunities for growth and development, we embrace and celebrate all races, genders, religions, sexual orientations, ages, disabilities, and socio-economic backgrounds. We believe teams achieve their best when every member feels safe, respected and empowered to be their authentic selves.

We're proud to be disability confident and are committed to supporting candidates with a disability, including neurodiversity and mental health conditions, throughout the recruitment process. Applicants are welcome to opt-in to the disability confident scheme as part of our application process. If you require any adjustments to the interview process, we’ll be happy to accommodate where possible.