At a Glance
- Tasks: Manage credit applications and underwrite new business proposals in asset finance.
- Company: Dynamic finance company based in Essex with a hybrid work model.
- Benefits: Competitive salary, car allowance, and comprehensive benefits package.
- Other info: Collaborative environment with opportunities for professional development and career advancement.
- Why this job: Join a team where your decisions directly impact business growth and client success.
- Qualifications: Experience in underwriting and strong financial analysis skills required.
Location: Essex (Hybrid)
Salary: £55k-£75k plus car and benefits
We are looking to recruit an underwriter with either asset finance or wholesale motor finance experience to join our Essex-based client. In brief, you will ensure all new business applications are underwritten prudently and managed according to company policy and procedures and cost‑of‑risk targets.
Your main activities:
- Be responsible for the management of credit applications, principally within hard asset sectors.
- Examine, analyse, underwrite and decide on each new business proposal ensuring that these are within agreed Company Credit Policies.
- Produce analyses of customers’ accounts and prepare Credit Application Forms containing a detailed recommendation of the above personal underwriting authority in order that a higher sanctioning authority will be able to sanction the proposed loan.
- Obtain further information concerning an application as required and interface with customers to resolve credit‑related questions, including on‑site visits where appropriate.
- Participate in regular meetings and conference calls with colleagues, introductory sources and third parties to review business and develop processes.
- Provide support as required to maintain company service standards in terms of credit turnaround times across all market sectors.
- Organise or participate in regular and ad‑hoc Credit Committee meetings or calls to make recommendations when necessary.
- Evaluate the processes to mitigate corporate risk, initiating and implementing continuous credit process improvements.
- Ensure policies are communicated, complied with and understood by the team.
- Provide accurate and timely reports in the formats and frequencies required.
Your knowledge, skills and competencies:
- Skilled and experienced in underwriting business credit applications an advantage.
- Highly skilled in financial analysis for credit underwriting purposes, contract documentation and legal/ fiscal requirements to manage the portfolio in line with corporate goals.
- Knowledge and experience in operating in a regulated environment using all AML/KYX tools.
- An understanding of asset management and collections‑related processes.
- Possess excellent people skills and be an effective team player.
- Excellent communication skills ‑ both oral and written.
Senior Underwriter – Asset Finance in Essex employer: Leasing Life
Join a dynamic and supportive team in a thriving business lending environment where your contributions directly impact customer success. Our company fosters a collaborative work culture that prioritises employee growth, offering ongoing training and development opportunities to enhance your skills in asset finance and compliance. Located in a vibrant area, we provide a stimulating workplace that values innovation and teamwork, making it an excellent choice for those seeking meaningful and rewarding employment.
