Senior Underwriter in England

Credit4 opened its doors in 2013 and to date has facilitated lending to UK SMEs totalling tens of millions of pounds across hundreds of clients. We believe in supporting businesses that are underserved by their banks by providing flexible working capital facilities to facilitate their growth. Forget algorithms, we make our decisions using a human‑led approach - more fin than tech if you will. We look at each client individually and assess their credit worthiness based upon more than just their previous financials. We try to look forward as opposed to backwards and build relationships with our clients and introducers alike. Supporting the underserved SME population is our raison d’être.

The Role

Credit Risk sits at the core of our lending proposition. Meeting the needs of our customer base whilst juggling risk management is arguably the most important function in our lending proposition. As a Senior Underwriter you will play a crucial role in evaluating client proposals and determining whether the client meets our lending criteria and ultimately whether or not we choose to support a business. With your experience of lending to UK SMEs, you will provide expert analysis in producing time‑sensitive decisions to a highly thorough standard. You will have a key part in ensuring that the business reaches its objectives, without compromise to risk management.

Responsibilities

• Research and collate information relevant to make credit decisions, keeping appropriate records of information received.
• Liaise with internal and external stakeholders to gather information required to make informed lending decisions.
• Thorough assessment of qualitative and quantitative information available both internally and externally demonstrating sound credit risk prowess.
• Structure transactions based on your knowledge of risk management.
• Ensure timely completion of credit risk assessment within our standard SLAs.
• Assist colleagues with any risk related queries.
• Participation in additional company projects, contributing your expertise in credit risk.
• Identify high risk accounts and liaise with internal/external stakeholders as appropriate in highlighting these accounts, making recommendations as appropriate.
• Support Collections Team where appropriate with recovery cases.
• Offer recommendations of best practices and provide coaching to junior colleagues.
• Develop and enhance credit processes that improve and streamline our lending proposition.

Requirements

• 3+ years working in a similar underwriting role, preferably in alternative finance.
• Strong knowledge of credit risk and an ability to “think outside of the box.”
• A thorough understanding of UK SMEs.
• In depth knowledge of financial accounts with the ability to thoroughly analyse P&L accounts, Balance Sheets and Cashflow Forecasts.
• You’re excited by the chance of being part of a growing organisation and relish the opportunity to make your own mark.
• Strong communication and negotiation skills.
• High level of accuracy and attention to detail.

What you’ll get in return

Package will be bespoke to the successful applicant but expect to receive:

• Higher than average salary based on skills and experience.
• Monthly staff activities.