At a Glance
- Tasks: Join our team as a New Business Underwriter, evaluating exciting lending opportunities.
- Company: We're a top-notch Asset Based Lending provider known for flexible solutions and a strong team.
- Benefits: Enjoy a competitive salary up to £75,000 plus an excellent benefits package.
- Why this job: Be part of a reputable company making a real impact in corporate finance and lending.
- Qualifications: Ideal candidates should understand secured financing, corporate finance, and legal documentation.
- Other info: Send your CV in confidence to Graeme Chisholm at gchisholm@cbcrs.co.uk.
The predicted salary is between 54000 - 84000 £ per year.
Salary to £75,000 plus excellent benefits package.
Our client is a highly regarded Asset Based Lending provider with an excellent reputation for providing flexible lending solutions to the mid/large corporate sector and has a strong pedigree for writing strong levels of business and has a solid and well-established team.
Responsibilities:
- Working with the UK business development team from early stage proposals, meeting new prospects to assist with early evaluation, gathering of sufficient data to determine whether an opportunity is worth pursuing to the pre-screen stage.
- Assisting the business development team in the preparation of pre-screens, providing recommendations for credit structuring.
- Ensuring that all required data is available and in acceptable form prior to commencing preparation of credit offering (i.e. Due Diligence collateral and financial, forecast data and assumptions, etc).
- Preparation or assistance in the preparation of credit offerings identifying key risks ensuring appropriate mitigation supported with appropriate financial modelling, collateral analysis, covenant structuring, risk ratings, industry analysis.
- Assisting the business development, legal and deal teams throughout the underwriting process.
- Reviewing prospective corporate structures, owners and managers for KYC and AML compliance purposes.
- Complete key tasks required to process credit offerings through to approval utilising back office credit systems.
- Ensuring that Credit Approval are correctly reflected in terms offered (i.e. commitment letters).
The successful candidate should have practical understanding of secured financing techniques and structures, including financial requirements, loan collateral, audit requirements, legal documentation and an understanding of: Corporate Finance, Accounting, Private Equity, Corporate Restructuring and associated legal issues.
In the first instance please send your CV in confidence to Graeme Chisholm at gchisholm@cbcrs.co.uk.
Job Vacancy – New Business Underwriter – CBCRS employer: Business Money Promotions Ltd
Contact Detail:
Business Money Promotions Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Job Vacancy – New Business Underwriter – CBCRS
✨Tip Number 1
Network with professionals in the asset-based lending sector. Attend industry events or webinars where you can meet potential colleagues and learn more about the company culture at StudySmarter.
✨Tip Number 2
Familiarise yourself with the latest trends in corporate finance and secured financing techniques. This knowledge will not only help you during interviews but also demonstrate your commitment to the role.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully evaluated business opportunities or structured credit offerings in the past. Real-life scenarios can showcase your expertise and problem-solving skills.
✨Tip Number 4
Research StudySmarter's values and mission. Understanding our goals will allow you to align your answers during interviews, showing that you're not just a fit for the role, but also for our company culture.
We think you need these skills to ace Job Vacancy – New Business Underwriter – CBCRS
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a New Business Underwriter. Familiarise yourself with the key tasks mentioned in the job description, such as credit structuring and risk analysis.
Tailor Your CV: Customise your CV to highlight relevant experience and skills that align with the job requirements. Emphasise your understanding of secured financing techniques, corporate finance, and any previous underwriting experience.
Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the role and the company. Mention specific examples from your past work that demonstrate your ability to assist in the underwriting process and your knowledge of KYC and AML compliance.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or typos. A polished application reflects your attention to detail, which is crucial for a role in underwriting.
How to prepare for a job interview at Business Money Promotions Ltd
✨Understand the Role
Make sure you have a solid grasp of what a New Business Underwriter does. Familiarise yourself with the responsibilities listed in the job description, especially around credit structuring and risk analysis. This will help you answer questions confidently and demonstrate your knowledge.
✨Prepare Relevant Examples
Think of specific examples from your past experience that showcase your skills in secured financing techniques, corporate finance, or risk assessment. Be ready to discuss how you've successfully navigated similar challenges in previous roles.
✨Research the Company
Get to know the company’s reputation in the asset-based lending sector. Understanding their values, culture, and recent developments can help you tailor your responses and show genuine interest during the interview.
✨Ask Insightful Questions
Prepare thoughtful questions to ask at the end of the interview. Inquire about the team dynamics, the company's approach to risk management, or how they support professional development. This shows your enthusiasm for the role and helps you assess if it's the right fit for you.