At a Glance
- Tasks: Evaluate credit proposals and make informed recommendations to ensure sound lending decisions.
- Company: Dynamic lender in the hard asset sector with a focus on growth.
- Benefits: Competitive salary, benefits package, and opportunities for professional development.
- Other info: Opportunity for career advancement in a supportive and collaborative environment.
- Why this job: Join a team that values your insights and helps shape financial decisions.
- Qualifications: Experience in credit analysis and strong financial analysis skills required.
The predicted salary is between 40000 - 50000 £ per year.
Salary £40k-£50k plus benefits
Working for a lender in the hard asset sector seeking an underwriter/analyst to provide the credit function with the skills and competencies to ensure the company makes good credit underwriting decisions/recommendations based on recognised lending standards and within policy criteria.
Key responsibilities:- Ensure that new proposals are verified, checked and a decision/recommendation made within a turnaround time that is acceptable to the business.
- Use any authority and knowledge in a manner that means the business we accept will allow us to prevent default and litigation cases that otherwise will result in us incurring unacceptable impairment volumes and values.
- Ensure that underwriting policies are complied with and are in compliance with the requirements of any legal, fiscal or commercial requirements.
- Carry out regular monitoring routines for both consumer and corporate business customers and make recommendations when necessary.
- Organise or participate in regular and ad hoc Credit Committee meetings to review and make recommendations relating to proposals.
- Provide accurate and timely reports to management in the formats and frequencies required from time to time.
- Support the UK Management team in all risk compliance and anti-money laundering matters.
- Provide support as required with reporting and impairment calculations.
- Manage credit line and existing large-value exposures in line with company policies.
- Visit customers as requested to complete credit work as required.
- Skilled and experienced in underwriting business credit applications.
- Understanding of credit in asset finance or possibly motor finance.
- Highly skilled in financial analysis for credit underwriting purposes and contract documentation.
- Knowledge and experience in operating in a regulated environment using all AML/KYC tools.
- Possess excellent people skills and be an effective team player.
- Excellent communication skills – both oral and written.
- Well-organised and capable of working on own initiative.
- Eligibility to work in the UK.
- Full clean driving licence.
- Ability to travel around the territory, with some overnight stays, when occasionally, if rarely, relevant.
Credit Analyst/Underwriter in Colchester employer: Leasing Life
Join a dynamic lender in the hard asset sector located in Essex, where we prioritise employee growth and development within a supportive work culture. With a competitive salary of £40k-£50k plus benefits, we offer a collaborative environment that encourages innovation and excellence in credit underwriting. Our commitment to compliance and risk management ensures that you will be part of a team that values integrity and professionalism, making it an ideal place for those seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Credit Analyst/Underwriter in Colchester
✨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 Credit Analyst/Underwriter in Colchester
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.
