Underwriter – Asset Finance in City of London

Underwriter – Asset Finance in City of London

City of London Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Underwrite deals and provide credit recommendations to senior underwriters.
  • Company: Established bank with a strong reputation in financial services.
  • Benefits: Competitive salary, bonus, and excellent benefits package.
  • Why this job: Join a growing team and make a real impact in asset finance.
  • Qualifications: Experience in underwriting and knowledge of asset finance required.
  • Other info: Dynamic work environment with opportunities for professional growth.

The predicted salary is between 36000 - 60000 £ per year.

Our client, a well-established Bank and provider of Financial Services requires an experienced Underwriter to join their expanding Asset Finance team in London. Within this role you will be responsible for underwriting deals in line with the business’ credit risk appetite and policy. In addition, you will be required to provide credit recommendations to more Senior Underwriters / committees and assist the business in structuring deals to mitigate key risks arising.

Key Responsibilities:

  • Provide credit recommendations to more senior underwriters
  • Work with the business to help identify key risks within a deal and structure accordingly to mitigate the risks
  • Challenge processes and procedures to optimise efficiency and effectiveness to support continuous improvement
  • Assist in developing response to feedback received from external audits / internal QA process / asset audits
  • Provide administrative support in areas such as regular updating and maintaining of workflow and central inbox as well as managing the monthly QA process and quarterly reporting.

Key Skills:

  • Knowledge of underwriting techniques and requirements
  • Understanding of asset finance and SME sector
  • Interpersonal and influencing skills
  • Analytical skills

The successful candidate will be rewarded with a competitive basic salary plus bonus and excellent benefits package.

Underwriter – Asset Finance in City of London employer: Business Money Promotions Ltd

Join a well-established Bank in London, where you will thrive in a dynamic work culture that values innovation and continuous improvement. As an Underwriter in the Asset Finance team, you will benefit from a competitive salary, a comprehensive benefits package, and ample opportunities for professional growth within a supportive environment. This role not only allows you to make impactful credit recommendations but also encourages you to challenge processes and contribute to the overall success of the business.
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Contact Detail:

Business Money Promotions Ltd Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Underwriter – Asset Finance in City of London

Tip Number 1

Network like a pro! Reach out to your connections in the finance sector, especially those in asset finance. A friendly chat can lead to insider info about job openings that aren't even advertised yet.

Tip Number 2

Prepare for interviews by brushing up on your underwriting knowledge. Be ready to discuss how you would assess credit risks and structure deals. We want you to show off your analytical skills and understanding of the SME sector!

Tip Number 3

Don’t just apply anywhere; focus on companies that align with your values and career goals. Use our website to find roles that excite you and tailor your approach to each one. We’re here to help you land that dream job!

Tip Number 4

Follow up after interviews! A quick thank-you email can set you apart from other candidates. It shows your enthusiasm for the role and keeps you fresh in their minds. Let’s make sure they remember you!

We think you need these skills to ace Underwriter – Asset Finance in City of London

Underwriting Techniques
Asset Finance Knowledge
SME Sector Understanding
Interpersonal Skills
Influencing Skills
Analytical Skills
Risk Assessment
Process Optimisation
Continuous Improvement
Credit Risk Appetite Understanding
Administrative Support
Workflow Management
Quality Assurance Process

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Underwriter role. Highlight your experience in underwriting and asset finance, and don’t forget to showcase those analytical skills we’re looking for!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for our Asset Finance team. Mention specific experiences that relate to the key responsibilities outlined in the job description.

Showcase Your Interpersonal Skills: Since this role involves working closely with others, make sure to highlight your interpersonal and influencing skills. Give examples of how you've successfully collaborated in past roles.

Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and get you on the path to joining our team!

How to prepare for a job interview at Business Money Promotions Ltd

Know Your Underwriting Inside Out

Make sure you brush up on your underwriting techniques and requirements. Familiarise yourself with the specific asset finance sector and SME market, as this will show your potential employer that you’re not just knowledgeable but also genuinely interested in the role.

Prepare for Risk Discussions

Since you'll be identifying and mitigating key risks, think of examples from your past experience where you've successfully navigated similar challenges. Be ready to discuss how you would approach structuring deals to minimise risks, as this will demonstrate your analytical skills and proactive mindset.

Show Off Your Interpersonal Skills

This role requires strong interpersonal and influencing skills, so be prepared to showcase these during your interview. Think of scenarios where you've effectively communicated with colleagues or clients, and how you’ve influenced decisions or outcomes in a positive way.

Be Ready to Challenge the Status Quo

The company values continuous improvement, so come equipped with ideas on how processes can be optimised. Think about any inefficiencies you've encountered in previous roles and how you addressed them. This will highlight your initiative and commitment to enhancing the team's performance.

Underwriter – Asset Finance in City of London
Business Money Promotions Ltd
Location: City of London

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