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- Tasks: Assess credit applications and analyse complex financial accounts for lending transactions.
- Company: Join a well-established and growing Commercial Finance Provider in the UK.
- Benefits: Enjoy a competitive salary, car allowance, pension, private healthcare, and bonuses.
- Why this job: Be part of a dynamic team, shaping financial solutions and making impactful decisions.
- Qualifications: Previous underwriting experience and strong analytical skills are essential.
- Other info: Flexible working options and occasional travel across the UK may be required.
The predicted salary is between 43200 - 72000 £ per year.
Underwriter – Asset Based Lending / Invoice Finance – UK Flexible
Our client, a well-established and growing Commercial Finance Provider, is seeking an experienced Underwriting and Deal Structuring professional to join their Asset Based Lending team.
The role involves acting as a conduit between the new business team and the credit committee, assessing credit applications in line with the company\’s credit policy. Responsibilities include collateral assessment, financial forecasting, and in-depth analysis of complex financial accounts. Deal sizes typically range between £1 million and £15 million.
This position requires close collaboration with the business development and risk teams to negotiate and structure complex lending transactions, ensuring effective processes are in place. The role also involves preparing legal documentation and negotiating with internal and external legal teams. You will operate with a lending mandate and oversee other technical areas of Credit and Risk.
Applicants must have previous underwriting experience in a similar lending environment and the ability to analyze and interpret complex financial data. Strong communication skills are essential to confidently support your assessments.
Occasional travel around the country may be required.
The package includes an excellent basic salary, a generous car allowance, pension, private healthcare, and a discretionary bonus.
For more information or to apply, contact us at 01625 522 774 or email jobs@m2recruit.co.uk.
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Underwriter – Asset Based Lending / Invoice Finance – UK Flexible 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 Based Lending / Invoice Finance – UK Flexible
✨Tip Number 1
Familiarise yourself with the latest trends in asset-based lending and invoice finance. Understanding the current market dynamics will not only help you during interviews but also demonstrate your commitment to the field.
✨Tip Number 2
Network with professionals in the commercial finance sector. Attend industry events or join relevant online forums to connect with others who can provide insights or even refer you to opportunities within their organisations.
✨Tip Number 3
Brush up on your analytical skills, particularly in financial forecasting and collateral assessment. Being able to showcase your ability to interpret complex financial data will set you apart from other candidates.
✨Tip Number 4
Prepare for potential interview questions by practising how you would explain your underwriting process and decision-making. Clear communication of your thought process is crucial in this role, so be ready to articulate your approach confidently.
We think you need these skills to ace Underwriter – Asset Based Lending / Invoice Finance – UK Flexible
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your underwriting experience, particularly in asset-based lending or invoice finance. Use specific examples of your past roles and responsibilities that align with the job description.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and the company. Mention your experience with credit applications, financial forecasting, and your ability to analyse complex financial data. Be sure to express your enthusiasm for the position.
Highlight Relevant Skills: In your application, emphasise your strong communication skills and your experience in negotiating and structuring lending transactions. These are crucial for the role and should be clearly articulated.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is vital in underwriting.
How to prepare for a job interview at Business Money Promotions Ltd
✨Know Your Numbers
As an Underwriter, you'll be dealing with complex financial data. Brush up on your financial forecasting and collateral assessment skills. Be prepared to discuss specific examples of how you've successfully analysed financial accounts in the past.
✨Understand the Credit Policy
Familiarise yourself with the company's credit policy before the interview. This will help you demonstrate your understanding of their processes and show that you're ready to assess credit applications effectively.
✨Showcase Your Communication Skills
Strong communication is key in this role. Prepare to discuss how you've collaborated with business development and risk teams in previous positions. Highlight any experiences where your negotiation skills made a difference in structuring deals.
✨Prepare for Legal Discussions
Since the role involves preparing legal documentation and negotiating with legal teams, it’s wise to brush up on relevant legal terminology and processes. Be ready to discuss how you've navigated similar situations in your past roles.