At a Glance
- Tasks: Analyse credit data and assess risk for lending decisions.
- Company: Dynamic SME loan provider with a focus on career growth.
- Benefits: Competitive salary, 28 days holiday, healthcare, and life assurance.
- Other info: Great opportunities for career development in a supportive team.
- Why this job: Kickstart your career in credit risk with real impact on business financing.
- Qualifications: Organised, proactive, and able to analyse financial information.
The predicted salary is between 30000 - 35000 £ per year.
We are looking to recruit a Junior Underwriter who is focused on building a career in Credit Risk. Our client is a provider of loans and asset finance to SME businesses with both direct and broker routes to market. Direct business is funded either on its own book or placed with third-party funders. Broker-introduced business is funded on their own book. The typical transaction size is c. £50k.
Your role and key responsibilities:
- Working within a team of credit underwriters
- Analyse credit data and financial statements to determine the degree of risk involved in extending credit or lending money
- Assessing, analysing and interpreting other credit-related information
- Undertaking affordability analysis based on various financial and non-financial information
- Be open and approachable for appeal of your decisions and have the ability to see a deal when originally you may not have done so
- Ensuring strong lines of communication with all areas of the business are maintained
Your skills and knowledge:
- Underwriting experience is preferred but not essential
- The ideal candidate will be organised, meticulous, prepared to take ownership of tasks, able to manage their own time, proactive and able to follow tasks through to completion
- The ability to work under pressure and to tight time frames is paramount
- Good time management
- Ability to make decisions on a rate-for-risk basis
- Numerate with the ability to analyse financial statements and other credit-related information
In addition to an excellent basic salary, our client offers excellent career development, 28 days holiday (this includes three days at Christmas when the office closes) plus bank holidays. Holiday amounts increase with the length of service. Healthcare, cash plan and travel insurance, life assurance.
Contact Julie for more information: 01279713900
Junior Credit Underwriter 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.
StudySmarter Expert Advice🤫
We think this is how you could land Junior Credit Underwriter
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Leasing Life. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Junior Credit Underwriter
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Leasing Life.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Leasing Life's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Leasing Life
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Leasing Life.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Leasing Life will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Leasing Life employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
