Credit Underwriter

Title: Credit Underwriter - Asset Finance

Location: Midlands (Hybrid)

Salary: £39/£50k plus benefits

Our client is a prestigious lender who have an exciting opportunity for a Credit Underwriter to join their Asset Finance Flow team on a hybrid basis. Successful applicant will provide support to the Head of Credit Asset Finance Flow and ensure that all applications comply with Lending Policy. The ideal candidate would be a self-motivated, Innovative, results orientated, a team player, and able to quickly build relationships.

Responsibilities of the Credit Underwriter

• Assess the credit and risk profiles of customers within the asset finance flow (AF flow) lending market, determining the acceptability of proposals, and providing recommendations or alternative solutions where appropriate
• Conduct an independent assessment of each case and prepare the relevant documents for an informed decision to be made by the appropriate member.
• Ensure the main influencing factors and sanctioning analysis is accurately recorded when reaching proposal recommendations/decisions.
• Ensure compliance with Bank’s policies, procedures, and AF flow lending guidelines together with all appropriate regulatory and statutory requirements
• Facilitate business development efforts through a proactive approach to credit proposals
• Develop credit risk and industry/market expertise through both internal and external contacts with market participants, including due diligence and customer visits on an ad hoc basis.
• Complete annual reviews for accounts required under Lending Policy and assist with the preparation of appropriate MI reports.

Skills for the Credit Underwriter:

• Experience in underwriting and working knowledge of lending principles, credit analysis for small ticket transactions.
• Knowledge of the asset finance commercial environment and sector specialism including asset finance flow lending and the SME market
• Excellent analytical and problem-solving skills.
• An understanding of the relevant rules under the financial services acts.
• The ability to interpret and implement relevant guidance, ensuring compliance and due regard is paid to the interests of customers and customers are treated fairly
• A good understanding of Conduct Risk and Treating Customers Fairly requirements relevant to credit operation
• Excellent communication skills and organisational skills.

Benefits package for the Credit Underwriter includes:

• 10% employer pension contribution
• 10% Profit Share Bonus scheme
• 30 days’ holiday plus Bank Holidays
• Private Medical Insurance (AXA) including optical and dental cover from day one
• Life Cover at 4x salary from day one

… and more

Please contact Jo for more details.