Senior Credit Underwriter

Senior Credit Underwriter

London Full-Time 72000 - 120000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Evaluate and approve credit proposals while managing risk assessments.
  • Company: Join a leading vendor finance company with cutting-edge technology.
  • Benefits: Enjoy a competitive salary, bonuses, and hybrid work options.
  • Why this job: Be part of a dynamic team during an exciting growth phase.
  • Qualifications: Experience in credit underwriting within Asset Finance is essential.
  • Other info: Opportunity to make impactful decisions with your own credit mandate.

The predicted salary is between 72000 - 120000 £ per year.

Location: London – hybrid

Salary: To £100,000 plus bonus and benefits

Our client is a market leader in vendor finance with outstanding technology supporting equipment suppliers across the UK with bespoke finance systems. Due to exciting plans for expansion, they are looking for a Senior Credit Underwriter to join their team.

The successful candidate will evaluate, analyse, and approve credit proposals and revisions to underwrite structured finance deals and maintain the portfolio through a consistent level of credit risk assessment and ensure adherence to all policies and procedures.

You will approve and document deals with your own personal credit underwriting mandate and utilise your understanding of the Company’s financial statements, cash flows, and assess affordability to determine whether new business proposals meet risk appetite.

It is essential that you have experience in credit underwriting within Asset Finance with your own personal mandate. This is an exciting opportunity to join a dynamic company at a crucial period of growth.

In the first instance, send your CV to Lucy Davies.

Senior Credit Underwriter employer: CBC Recruitment Solutions

Our client is an exceptional employer, offering a vibrant work culture in the heart of London, where innovation meets opportunity. With a strong focus on employee growth, they provide comprehensive training and development programmes, alongside competitive salaries and bonuses, ensuring that every team member can thrive in their career. The hybrid working model promotes a healthy work-life balance, making it an ideal place for professionals seeking meaningful and rewarding employment in the vendor finance sector.
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Contact Detail:

CBC Recruitment Solutions Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Credit Underwriter

✨Tip Number 1

Make sure to highlight your experience in credit underwriting, especially within Asset Finance. Be prepared to discuss specific deals you've worked on and how you assessed risk, as this will demonstrate your expertise and suitability for the role.

✨Tip Number 2

Familiarise yourself with the latest trends and technologies in vendor finance. Showing that you understand the market and can leverage technology to improve underwriting processes will set you apart from other candidates.

✨Tip Number 3

Network with professionals in the finance and underwriting sectors. Attend industry events or join relevant online forums to connect with others who may provide insights or referrals that could help you land the job.

✨Tip Number 4

Prepare for potential interview questions by practising how you would explain your decision-making process when approving credit proposals. Being able to articulate your thought process clearly will show your analytical skills and confidence in your abilities.

We think you need these skills to ace Senior Credit Underwriter

Credit Analysis
Risk Assessment
Financial Statement Analysis
Cash Flow Analysis
Asset Finance Knowledge
Underwriting Skills
Regulatory Compliance
Attention to Detail
Decision-Making Skills
Communication Skills
Negotiation Skills
Portfolio Management
Problem-Solving Skills
Time Management

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your experience in credit underwriting, particularly within Asset Finance. Emphasise any personal mandates you have held and specific achievements that demonstrate your ability to evaluate and approve credit proposals.

Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the company's operations and how your skills align with their needs. Mention your experience with financial statements and cash flow analysis, as these are crucial for the role.

Highlight Relevant Skills: In your application, clearly outline your skills related to credit risk assessment and adherence to policies and procedures. Use specific examples from your past roles to illustrate your expertise in these areas.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or inconsistencies. A polished application reflects your attention to detail, which is vital for a Senior Credit Underwriter.

How to prepare for a job interview at CBC Recruitment Solutions

✨Know Your Numbers

As a Senior Credit Underwriter, you'll need to demonstrate a strong understanding of financial statements and cash flows. Brush up on your knowledge of these documents and be prepared to discuss how you assess affordability and risk appetite in your previous roles.

✨Showcase Your Experience

Highlight your experience in credit underwriting within Asset Finance, especially any instances where you've made decisions with your own personal mandate. Be ready to provide specific examples of deals you've approved and the rationale behind your decisions.

✨Understand the Company’s Vision

Research the company’s technology and its impact on vendor finance. Understanding their bespoke finance systems will not only show your interest but also allow you to align your answers with their goals during the interview.

✨Prepare for Scenario Questions

Expect scenario-based questions that test your decision-making skills in credit risk assessment. Think of past situations where you had to evaluate complex proposals and be ready to explain your thought process and outcomes.

Senior Credit Underwriter
CBC Recruitment Solutions
C
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