At a Glance
- Tasks: Evaluate and approve credit proposals while managing risk assessments.
- Company: Join a leading vendor finance company with cutting-edge technology.
- Benefits: Enjoy a competitive salary, bonuses, and hybrid working options.
- Why this job: Be part of a dynamic team during an exciting growth phase.
- Qualifications: Experience in credit underwriting within Asset Finance is essential.
- Other info: Opportunity to make impactful decisions with your own personal mandate.
The predicted salary is between 72000 - 120000 £ per year.
Job Description
Senior Credit Underwriter
London – hybrid
To £100,000 plus bonus and benefits
Our client is a market leader in vendor finance with outstanding technology supporting equipment suppliers across the UK with bespoke finance systems. Due to exciting plans for expansion they are looking for a Senior Credit Underwriter to join their team.
The successful candidate will evaluate, analyse, and approve credit proposals and revisions to underwrite structured finance deals and maintain the portfolio through a consistent level of credit risk assessment and ensure adherence to all policies and procedures.
You will approve and document deals with own personal credit underwriting mandate and utilise understanding of the Company’s financial statements, cashflows and assess affordability to assess whether new business proposals meet risk appetite.
It is essential that you have experience of credit underwriting within Asset Finance with your own personal mandate.
This is an exciting opportunity to join a dynamic company at a crucial period of growth.
In the first instance send your CV
Contact Detail:
CBC Resourcing Solutions Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Credit Undewriter
✨Tip Number 1
Network with professionals in the asset finance industry. Attend relevant events or join online forums where you can connect with current underwriters and learn about their experiences. This can give you insights into the role and potentially lead to referrals.
✨Tip Number 2
Familiarise yourself with the latest trends and technologies in credit underwriting. Understanding how technology is shaping the vendor finance landscape can set you apart from other candidates and show your commitment to staying ahead in the field.
✨Tip Number 3
Prepare to discuss specific examples of your past underwriting decisions. Be ready to explain your thought process, the criteria you used, and how you managed risk. This will demonstrate your expertise and confidence in handling complex credit proposals.
✨Tip Number 4
Research the company thoroughly. Understand their business model, values, and recent developments. Tailoring your conversation to align with their goals can help you make a strong impression during interviews.
We think you need these skills to ace Senior Credit Undewriter
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in credit underwriting, particularly within Asset Finance. Emphasise any personal mandates you have held and specific achievements that demonstrate your ability to evaluate and approve credit proposals.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the company's operations and how your skills align with their needs. Mention your experience with structured finance deals and your approach to risk assessment, as these are key aspects of the role.
Highlight Relevant Skills: In your application, be sure to highlight skills such as financial analysis, risk assessment, and decision-making. Use specific examples from your past roles to illustrate how you've successfully managed credit risks and adhered to policies.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or inconsistencies. A polished application reflects your attention to detail, which is crucial for a Senior Credit Underwriter role.
How to prepare for a job interview at CBC Resourcing Solutions
✨Know Your Numbers
As a Senior Credit Underwriter, you'll need to demonstrate a strong understanding of financial statements and cash flows. Brush up on your financial analysis skills and be prepared to discuss how you assess affordability and risk appetite in credit proposals.
✨Showcase Your Experience
Highlight your previous experience in credit underwriting, especially within Asset Finance. Be ready to share specific examples of deals you've approved and the rationale behind your decisions, as this will showcase your expertise and personal mandate.
✨Understand the Company’s Vision
Research the company’s growth plans and technology offerings. Understanding their market position and how they support equipment suppliers will help you align your answers with their goals during the interview.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your decision-making process. Think about how you would handle various credit proposals and be ready to explain your thought process clearly, demonstrating your ability to adhere to policies and procedures.