At a Glance
- Tasks: Assess and make decisions on Asset Finance proposals while collaborating with sales teams.
- Company: Established UK Asset Finance group with a focus on innovation.
- Benefits: Excellent salary, bonuses, hybrid work, and comprehensive benefits.
- Other info: Opportunity for career growth and involvement in new initiatives.
- Why this job: Join a dynamic team and make impactful credit decisions in a fast-paced environment.
- Qualifications: Experience in underwriting within Financial Services, especially Asset Finance.
The predicted salary is between 63000 - 77000 £ per year.
New Leaf Search is partnering with an established UK Asset Finance group in its search for a Credit Underwriter. This is an excellent opportunity for an experienced underwriter to join a busy central credit function, assessing Asset Finance proposals across a varied portfolio of hard and soft assets together with unsecured lending. You will use financial accounts, credit searches, business information and commercial judgement to assess risk and make well-reasoned underwriting decisions, while working closely with sales and support teams to ensure appropriate and commercially balanced outcomes.
Key Accountabilities
- Deliver risk-based assessments of incoming Asset Finance proposals.
- Make underwriting decisions using credit searches, financial accounts, cash flow analysis and relevant business information.
- Assess large volumes of customer and business information to determine appropriate levels of credit risk.
- Clearly justify underwriting decisions and provide constructive feedback to sales and support teams.
- Assist with the preparation and presentation of credit papers for senior approval.
- Support new initiatives, pilot schemes and improvements to underwriting processes.
- Participate in the testing and implementation of new systems and procedures.
- Review completed transactions through post-payout auditing and recommend improvements where appropriate.
- Work collaboratively with colleagues to maintain an efficient underwriting workflow.
Person Specification
- Previous underwriting experience within Financial Services, preferably Asset Finance and Leasing.
- Existing underwriting mandate and confidence making sound credit decisions.
- Strong understanding of Asset Finance and the differing risk characteristics of hard and soft assets.
- Ability to analyse financial statements, profit and loss accounts, balance sheets and debt servicing capability.
- Strong analytical skills with excellent attention to detail.
- Good commercial judgement and stakeholder management skills.
- Excellent written and verbal communication skills.
- Highly organised with the ability to manage changing workloads and priorities.
- Comfortable using Excel, Word, CRM and other credit-related systems.
We strongly favour applicants with proven, relevant experience in Financial Services, particularly in Asset Finance and Leasing. Relevant IN-COUNTRY experience is required; applications without it will not be considered.
J3659 – Credit Underwriter – UK, Birmingham (Hybrid) – Asset Finance employer: Leasing World
Leasing World is an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation in the heart of Scotland. With a strong focus on employee growth, we provide extensive training and development opportunities, ensuring our team members thrive in their careers while enjoying the benefits of a supportive environment. Join us to be part of a forward-thinking company that values your contributions and empowers you to make a meaningful impact in the asset finance sector.
StudySmarter Expert Advice🤫
We think this is how you could land J3659 – Credit Underwriter – UK, Birmingham (Hybrid) – Asset Finance
✨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 World. 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 J3659 – Credit Underwriter – UK, Birmingham (Hybrid) – Asset Finance
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 World.
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 World'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 World
✨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 World.
✨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 World 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 World 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.
