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- Tasks: Manage credit applications and underwrite new business proposals in asset finance.
- Company: Dynamic Essex-based company offering a hybrid work environment.
- Benefits: Competitive salary, car allowance, and comprehensive benefits package.
- Other info: Opportunity for career advancement in a supportive and collaborative environment.
- Why this job: Join a team where your decisions directly impact business success and growth.
- Qualifications: Experience in underwriting and strong financial analysis skills required.
The predicted salary is between 55000 - 75000 £ per year.
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.
Contact Julie for more information: 01279713900
Senior Underwriter – Asset Finance in Colchester employer: Leasing Life
Contact Detail:
Leasing Life Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Underwriter – Asset Finance in Colchester
✨Tip Number 1
Network like a pro! Reach out to your connections in the asset finance sector and let them know you're on the lookout for opportunities. You never know who might have a lead or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your financial analysis skills. Be ready to discuss how you've managed credit applications in the past and how you can contribute to maintaining company service standards.
✨Tip Number 3
Showcase your people skills! During interviews, highlight your ability to communicate effectively with clients and colleagues. Remember, being a team player is key in this role, so share examples of successful collaborations.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to connect directly with us.
We think you need these skills to ace Senior Underwriter – Asset Finance in Colchester
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Underwriter role. Highlight your asset finance or wholesale motor finance experience, and don’t forget to showcase your skills in financial analysis and credit underwriting. We want to see how you fit into our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention specific experiences that relate to managing credit applications and improving processes. Let us know what makes you tick!
Showcase Your Communication Skills: Since excellent communication is key for this role, make sure your application reflects that. Use clear and concise language, and don’t shy away from demonstrating your people skills. We love a good storyteller!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and keep track of it. Plus, it shows you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at Leasing Life
✨Know Your Numbers
Brush up on your financial analysis skills before the interview. Be ready to discuss how you evaluate credit applications and manage risk, as this will be crucial for the Senior Underwriter role.
✨Understand the Company Policies
Familiarise yourself with the company's credit policies and procedures. This will show that you’re proactive and serious about aligning with their standards, which is key for a position that involves underwriting decisions.
✨Prepare Real-Life Examples
Think of specific instances where you've successfully managed credit applications or improved processes. Sharing these examples will demonstrate your experience and problem-solving skills, making you a more compelling candidate.
✨Ask Insightful Questions
Prepare thoughtful questions about the company’s approach to asset finance and credit management. This not only shows your interest but also helps you gauge if the company culture aligns with your values.