At a Glance
- Tasks: Join our credit team to assess and structure complex lending transactions.
- Company: We're a top UK provider of Asset Based Lending solutions.
- Benefits: Enjoy a competitive salary, car allowance, pension, private healthcare, and bonuses.
- Why this job: Be part of a high-performing team making impactful financial decisions.
- Qualifications: Previous underwriting experience and strong financial analysis skills are essential.
- Other info: Occasional travel required across the country.
The predicted salary is between 43200 - 72000 £ per year.
Senior Underwriter – Asset Based Lending South of England
Our client, one of the UK’s leading providers of Asset Based Lending solutions seeks an experienced Underwriting professional to join their high performing credit team in the South of England.
The role will involve acting as a conduit between the new business team and the organisation’s credit committee, assessing credit applications in line with the company’s credit policy. Typically this role will include collateral assessment, financial forecasting and the in-depth analysis of complex financial accounts. Deal size will typically range between £5m and £50m.
This is a role that will involve liaising closely with both the business development and risk teams to negotiate and structure complex lending transactions and ensure there are effective processes in place. You will be able to display an in-depth understanding of financial accounting and its practical application in a business lending environment.
It is essential that the successful candidate has previous underwriting experience within this or a related industry and has the ability to analyse and interpret complex financial information. Strong communication skills are required as you must have the confidence to support your view.
Given the nature of the role, there will also be the requirement for occasional travel around the country.
Excellent basic salary and overall package including generous car allowance, pension, private healthcare and discretionary bonus.
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Senior Underwriter – Asset Based Lending South of England employer: Business Money Promotions Ltd
Contact Detail:
Business Money Promotions Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Underwriter – Asset Based Lending South of England
✨Tip Number 1
Make sure to highlight your previous underwriting experience in your conversations. Be ready to discuss specific cases where you successfully assessed credit applications and how you navigated complex financial situations.
✨Tip Number 2
Familiarize yourself with the company's credit policy and be prepared to discuss how your approach aligns with their guidelines. This shows that you are proactive and understand their operational framework.
✨Tip Number 3
Network with professionals in the Asset Based Lending sector. Attend industry events or webinars to connect with potential colleagues and learn more about current trends and challenges in the field.
✨Tip Number 4
Demonstrate your strong communication skills during interviews by articulating your thought process clearly. Practice explaining complex financial concepts in a straightforward manner, as this will be crucial for liaising with both business development and risk teams.
We think you need these skills to ace Senior Underwriter – Asset Based Lending South of England
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description and understand the key responsibilities and requirements. Highlight your relevant experience in underwriting and financial analysis in your application.
Tailor Your CV: Customize your CV to reflect your experience in asset-based lending and underwriting. Use specific examples that demonstrate your ability to assess credit applications and analyze complex financial information.
Craft a Strong Cover Letter: Write a compelling cover letter that outlines your motivation for applying and how your skills align with the company's needs. Emphasize your communication skills and your experience working with credit committees and business development teams.
Proofread Your Application: Before submitting, carefully proofread your application materials for any errors or inconsistencies. A polished application reflects your attention to detail, which is crucial in underwriting.
How to prepare for a job interview at Business Money Promotions Ltd
✨Showcase Your Underwriting Experience
Be prepared to discuss your previous underwriting roles in detail. Highlight specific examples where you successfully assessed credit applications and how your decisions impacted the business.
✨Demonstrate Financial Acumen
Since the role involves complex financial analysis, brush up on your knowledge of financial accounting principles. Be ready to explain how you apply these principles in a lending context, especially regarding collateral assessment and financial forecasting.
✨Communicate Effectively
Strong communication skills are essential for this position. Practice articulating your thoughts clearly and confidently, especially when discussing your analysis and recommendations during the interview.
✨Prepare for Scenario-Based Questions
Expect to face scenario-based questions that assess your problem-solving abilities. Think about past experiences where you had to negotiate or structure complex lending transactions and be ready to share those insights.