Senior Credit Underwriter

Senior Credit Underwriter

London Full-Time 72000 - 120000 £ / year (est.) No home office possible
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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 work with your own personal credit underwriting mandate.

The predicted salary is between 72000 - 120000 £ per year.

Location: London – hybrid

Salary: 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 your own personal credit underwriting mandate and utilise your understanding of the Company’s financial statements, cash flows, and assess affordability to determine whether new business proposals meet risk appetite.

It is essential that you have experience in 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 to Lucy Davies.

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Contact Detail:

CBC Recruitment Solutions Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Credit Underwriter

✨Tip Number 1

Make sure to 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 could give you insights into what the company values in a candidate.

✨Tip Number 2

Familiarise yourself with the latest trends and technologies in vendor finance. Understanding how technology is shaping the industry will not only help you in interviews but also demonstrate your commitment to staying ahead in your field.

✨Tip Number 3

Prepare to discuss specific examples from your past experience that showcase your credit underwriting skills, particularly those involving structured finance deals. Being able to articulate your thought process and decision-making will set you apart.

✨Tip Number 4

Research the company's financial health and recent developments. Showing that you understand their business model and how your role as a Senior Credit Underwriter fits into their growth plans will impress the hiring team.

We think you need these skills to ace Senior Credit Underwriter

Credit Analysis
Risk Assessment
Financial Statement Analysis
Cash Flow Analysis
Asset Finance Knowledge
Underwriting Skills
Regulatory Compliance
Attention to Detail
Decision-Making Skills
Communication Skills
Negotiation Skills
Portfolio Management
Problem-Solving Skills
Time Management

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 financial statements and cash flow analysis, and express your enthusiasm for contributing to their growth.

Highlight Relevant Skills: In your application, focus on key skills such as risk assessment, decision-making, and adherence to policies. Use specific examples from your past roles to illustrate how you have successfully managed credit risk and underwritten structured finance deals.

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 in the role of a Senior Credit Underwriter.

How to prepare for a job interview at CBC Recruitment 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 knowledge of these concepts and be prepared to discuss how you assess affordability in credit proposals.

✨Showcase Your Experience

Highlight your previous experience in credit underwriting, especially within Asset Finance. Be ready to provide 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 Risk Appetite

Familiarise yourself with the company's policies and procedures regarding credit risk assessment. During the interview, articulate how your approach aligns with their risk appetite and how you ensure adherence to these guidelines in your underwriting process.

✨Prepare Questions

Interviews are a two-way street. Prepare insightful questions about the company's expansion plans and how the role of Senior Credit Underwriter fits into that vision. This shows your genuine interest in the position and helps you assess if it's the right fit for you.

Senior Credit Underwriter
CBC Recruitment Solutions
Location: London
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