At a Glance
- Tasks: Draft and present structured credit proposals while ensuring compliance with credit policies.
- Company: Leading lending solutions provider in the UK SME sector with impressive growth.
- Benefits: Competitive salary, bonus, and benefits package.
- Other info: Opportunity to build relationships and enhance your career in a supportive environment.
- Why this job: Join a dynamic team and make impactful decisions in asset finance.
- Qualifications: Experience in underwriting and strong analytical skills required.
Our client is a very successful lending solutions provider in the UK SME sector, with an impressive track record in the asset finance markets. They have also significantly grown as a business over the past few years as well as expanding their product offerings.
In this role as a Senior Underwriter you will draft and present structured credit proposals, maintaining an objective and independent view within the credit process and complying with Credit Policy, guidelines, and processes. You will ideally be used to underwriting deals up to £750k.
Key ObjectivesThe Senior Underwriter will be required to perform credit reviews and research industry and customer-related information for all new proposals and reviews of existing customers, as well as proactively monitoring industry and sector trends for early warning signals. You will need to achieve the timely turnaround of credit proposals and reviews, in accordance with pre-agreed SLAs. You will be required to coordinate with fellow Senior Underwriters and colleagues from the Credit & Risk department, as well as the Sales and Operations teams in relation to credit proposals; satisfaction of conditions precedent prior to referring for payout; and assist in ongoing monitoring of clients’ financial performance to ensure compliance with covenants in place. You will be confident to build, develop, and strengthen relationships with existing and potential Introducers, Suppliers and Valuers in order to maximise future opportunities for the Business. You will also be required to assist in the production of underwriting management reports, including client exposures, asset concentration and other ad-hoc reports as required.
Principal Duties & Responsibilities- Demonstrate excellent credit assessment and report writing skills with appropriate due diligence undertaken on all credits, and completion of structured credit reports for presentation to the appropriate sanctioning authorities.
- Consistently demonstrate strong financial, analytical, and numerical skills.
- Demonstrate strong communication and organisational skills with a clear understanding of the credit risk drivers for each proposal.
- Demonstrate an ability to disseminate complex information to multiple stakeholders, explaining the salient points.
- Effective time-management abilities – ability to work to tight deadlines and manage multiple priorities.
- Strong communicator / relationship builder.
- Attention to detail and accountable – demonstrates strong deal ownership.
- Team player with self-motivation, a ‘can-do’ attitude and drive to succeed.
- Ability to work with all levels of staff.
- High level of personal and professional integrity.
£29,000 to £33,000 plus bonus and benefits.
Senior Underwriter – Asset Finance – North West ideally but... in Nottingham employer: Asset Finance International
Our client is an exceptional employer, offering a dynamic work environment in the North West that fosters professional growth and collaboration. With a strong focus on employee development, they provide comprehensive training and support, ensuring that team members can thrive in their roles while contributing to the company's impressive success in the asset finance sector. The inclusive culture encourages innovation and relationship-building, making it a rewarding place for those looking to make a meaningful impact in the lending solutions industry.
Contact Details:
Asset Finance International Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Senior Underwriter – Asset Finance – North West ideally but... in Nottingham
✨Network Like a Pro
Get out there and connect with people in the asset finance sector. Attend industry events, join relevant online forums, and don’t be shy about reaching out on LinkedIn. Building relationships can open doors to opportunities that aren’t even advertised!
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your credit assessment and analytical skills. Share specific examples of how you've successfully managed underwriting deals in the past. We want them to see you as the go-to person for their needs!
✨Be Prepared for Interviews
Research the company and its products thoroughly before any interview. Be ready to discuss how your experience aligns with their objectives, especially around credit proposals and risk management. Confidence is key, so practice your pitch until it feels natural!
✨Apply Through Our Website
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 and engaged with our platform. Let’s get you that Senior Underwriter role!
We think you need these skills to ace Senior Underwriter – Asset Finance – North West ideally but... in Nottingham
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Underwriter role. Highlight your experience in asset finance and credit assessment, and don’t forget to showcase your analytical skills. We want to see how you fit into our world!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention specific experiences that relate to underwriting and building relationships, as these are key for us.
Showcase Your Communication Skills:Since strong communication is vital for this role, make sure your application reflects that. Use clear and concise language, and structure your documents well. We love a good, organised presentation!
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy – just follow the prompts!
How to prepare for a job interview at Asset Finance International
✨Know Your Numbers
As a Senior Underwriter, you'll need to demonstrate strong financial and analytical skills. Brush up on your understanding of credit assessment metrics and be ready to discuss how you've successfully managed deals up to £750k in the past.
✨Master the Art of Communication
You'll be required to explain complex information to various stakeholders. Practice articulating your thought process clearly and concisely, especially when discussing credit proposals and risk drivers.
✨Showcase Your Relationship-Building Skills
This role involves building relationships with Introducers, Suppliers, and Valuers. Prepare examples of how you've successfully developed professional relationships in previous roles and how that has benefited your team or company.
✨Be Ready for Scenario Questions
Expect questions that assess your ability to handle tight deadlines and multiple priorities. Think of specific instances where you’ve successfully navigated challenging situations and be prepared to share those stories.
