Credit Underwriter

Credit Underwriter - Asset Finance

London (hybrid working - two days a week in the office)

To £65,000 plus bonus and benefits

Our client is the fast-expanding asset finance division of a bank and provide a range of lending products for the UK SME and mid-corporate sectors.

As part of their ambitious plans they are keen to appoint an experienced Credit Underwriter in their Flow team.

Responsibilities will include;

• Timely and accurate underwriting decisions within a delegated authority and recommendations to senior management where outside of personal mandate
• Prepare comprehensive financial analysis identifying all material financial and other risks and opportunities in order to arrive at a balanced and informed decision or recommendation
• Undertakes all appropriate diligence in respect of transactions, including reference to relevant bureaus, referencing agencies & other external sources ensuring alignment to the Bank’s risk policies
• Maintains active watch over portfolio performance & awareness of market trends
• Able to liaise with key customers

You must have

• Extensive experience in underwriting asset finance proposals with detailed knowledge of various asset types
• Fundamental knowledge of accountancy and financial analysis of SME’s and corporates
• Demonstrable ability to understand value across a range of hard and soft assets
• Ability to work independently in taking a pragmatic approach to underwrite within parameters of credit policy; appreciation of when escalation / guidance is required.
• The willingness, aptitude and gravitas to be a key member of a growing business
• From a credit perspective, lending experience of SME and corporate clients
• Understanding of regulatory governance and ensuring compliance with lending and credit policies (including management of large exposures / concentration risk)

In the first instance please send your CV in strict confidence