At a Glance
- Tasks: Underwrite deals and provide credit recommendations while mitigating risks.
- 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 impactful decisions in asset finance.
- Qualifications: Experience in underwriting and knowledge of asset finance required.
- Other info: Dynamic role with opportunities for professional growth and development.
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 London employer: Business Money Promotions Ltd
Contact Detail:
Business Money Promotions Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriter – Asset Finance in 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 match your skills. Tailor your approach to each company’s culture!
✨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 as they make their decision.
We think you need these skills to ace Underwriter – Asset Finance in London
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 your analytical skills. We want to see how you can bring value to our team!
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 the key responsibilities listed in the job description. We love a good story!
Showcase Your Interpersonal Skills: Since this role involves working closely with others, make sure to highlight your interpersonal and influencing skills. Share examples of how you've successfully collaborated in the past. We’re all about teamwork here at StudySmarter!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep everything organised and ensures your application gets the attention it deserves. Let’s get started on this journey together!
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 the SME market. This knowledge will not only help you answer questions confidently but also demonstrate your expertise to the interviewers.
✨Prepare for Scenario-Based Questions
Expect to be asked about how you would handle specific underwriting scenarios. Think of examples from your past experience where you identified risks and structured deals effectively. Practising these responses will help you articulate your thought process clearly during the interview.
✨Show Off Your Analytical Skills
Since analytical skills are key for this role, be ready to discuss how you've used data to make informed credit recommendations in the past. Bring along any relevant metrics or outcomes that showcase your ability to analyse and mitigate risks effectively.
✨Demonstrate Your Interpersonal Skills
This role requires strong interpersonal and influencing skills, so be prepared to discuss how you've collaborated with teams or influenced decisions in previous roles. Share specific examples that highlight your ability to communicate effectively and work well with others.