At a Glance
- Tasks: Evaluate and underwrite B2B finance applications for larger credit lines.
- Company: Well-recognised name in the leasing sector with a strong reputation.
- Benefits: Competitive salary, excellent bonuses, and comprehensive benefits package.
- Other info: Fast-paced environment with opportunities for professional growth.
- Why this job: Join a dynamic team and make impactful decisions in asset finance.
- Qualifications: Experience in underwriting with a minimum credit mandate of £500k.
The predicted salary is between 64000 - 76000 £ per year.
Our client is a well recognised name in the leasing sector. Through expansion they are looking for a Credit Underwriter where you willprovide effective, timely and commercial B2B risk-based underwriting on new finance applications for end users requiring a larger credit line. Often working as an undisclosed lender the Underwriter will ideally have some experience producing the appropriate Credit Papers themselves without the introduction through existing Sales Managers or other intermediaries.
The ideal candidate will have direct experience of underwriting, ideally specialising invehicle or hard assets with a credit mandate minimum of £500k.
RESPONSIBILITIES :
- Compose and check all credit application documentation for new applications are correct and adherence to credit policy is met and to ensure full compliance with current legislation and regulatory requirements
- Act as a trusted advisor to other colleagues in both credit and the wider business to grow awareness and understanding of the risks and good governance of the credit function.
- Having followed the above requirements be able to provide an accept / decline / AFI decision and be accountable for it should questions be asked.
- Work to a high degree of accuracy to ensure reporting figures are accurate and timely to support the contract hire companies manage their portfolio of prospects.
- General understanding of how to evaluate vehicles using systems such as CAP
- Ensure prompt and professional answering of the phone and handling of queries.
- Provide a high level of customer support and communication regarding the credit process and the decisions taken
- Support our sales teams with regards to the quality and quantity of applications submitted by our Contract Hire and Dealer partners to assist them in the management of the wider relationship.
WE WOULD LOVE TO HEAR FROM YOU IF YOU HAVE :
- Prior experience of underwriting Commercial business in a vehicle finance or hard asset environment.
- Previous mandate in roles to be at least £500k
- Tenacity to pick up queries and opportunities quickly and solve them within a structured environment.
- Understanding of Excel and simple / intermediate calculations.
- Excellent verbal, written and interpersonal skills
- Experience and a willingness to work to KPIs and SLAs agreed within the team
- The ability to multitask and prioritise tasks on a daily basis in a busy role.
- The ability to adapt to different working situation when required
Contact: In the first instance please send your cv to Mark Lyons or call or for a confidential discussion
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#J-18808-LjbffrCredit Underwriter – Asset Finance – Manchester employer: Asset Finance International Limited
Join a leading multi-national asset finance company in Manchester, where you will thrive in a dynamic work culture that values collaboration and innovation. With competitive salaries, generous bonuses, and comprehensive benefits, we prioritise employee growth and development, ensuring you have the resources to excel in your role as a Credit Underwriter. Experience a supportive environment that encourages professional advancement while making a meaningful impact in the leasing sector.
Contact Details:
Asset Finance International Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Credit Underwriter – Asset Finance – Manchester
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and understanding their values. Tailor your answers to show how your experience aligns with their needs, especially in underwriting and risk assessment.
✨Tip Number 3
Practice your pitch! Be ready to explain your previous underwriting experience and how it relates to the role. Highlight your ability to make quick decisions and manage risks effectively.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Credit Underwriter – Asset Finance – Manchester
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Credit Underwriter role. Highlight your underwriting experience, especially in vehicle finance or hard assets, and showcase any relevant achievements that align with the job description.
Craft a Compelling Cover Letter:Your cover letter should tell us why you're the perfect fit for this role. Use it to explain your experience with credit applications and how you can contribute to our team. Keep it concise but impactful!
Showcase Your Skills:Don’t forget to mention your Excel skills and any experience with KPIs and SLAs. We want to see how you can multitask and prioritise in a busy environment, so give us examples of how you've done this before.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Asset Finance International Limited
✨Know Your Numbers
As a Credit Underwriter, you'll need to be comfortable with figures. Brush up on your understanding of credit mandates and be ready to discuss your experience with underwriting decisions, especially those over £500k. This will show that you’re not just familiar with the role but also confident in handling significant financial responsibilities.
✨Master the Credit Process
Familiarise yourself with the credit application process and compliance requirements. Be prepared to explain how you ensure adherence to credit policies and legislation. This knowledge will demonstrate your capability to act as a trusted advisor within the business and highlight your attention to detail.
✨Showcase Your Communication Skills
Since you'll be interacting with various teams and clients, practice articulating your thoughts clearly. Prepare examples of how you've effectively communicated complex credit decisions in the past. This will help convey your interpersonal skills and ability to support sales teams and manage relationships.
✨Prepare for Scenario Questions
Expect to face scenario-based questions during the interview. Think about situations where you had to make tough underwriting decisions or resolve queries quickly. Being able to walk through your thought process will showcase your problem-solving skills and tenacity, which are crucial for this role.
