Senior Credit Officer (Asset based lending)

About Our Client

Our client is an independent direct lending platform that prides itself on providing long-term capital solutions to SMEs and middle-market companies.

Job Description

In brief, you will be responsible for:

• Taking ownership of the underwriting process for prospective borrowers.
• Completing in-depth financial and non-financial analysis of potential borrowers.
• Determining the associated risks involved in granting a loan secured against assets in the renewables, offshore, and recycling sector.
• Attending credit meetings with potential borrowers and identifying key risks, strengths, and weaknesses.
• Carrying out market analysis of the sector, industry outlooks, target markets, and borrower’s position.
• Being competent with financial modelling, preparing and presenting them, as well as comfortably giving overviews of structure, cash flow, collateral, etc.
• Providing recommendations based on your analysis and assessment of credit risk and presenting the deal to the Investment Committee.
• Engaging with external contacts such as solicitors and valuers.

The Successful Applicant

The successful candidate will:

• Be comfortable and confident leading credit processes, from engaging with potential borrowers to writing credit papers and presenting to the committee.
• Have experience lending to corporates and against assets such as machinery and plants, with a high-level overview of key risks for this type of lending.
• Possess strong financial modelling and analysis skills.
• Ideally have 8-10 years of solid credit experience and a background working in a non-bank or alternative lender within the UK.
• Have a solid understanding of deal structuring and documentation.

What’s on Offer

• Working very closely with senior stakeholders.
• Good autonomy in your role.
• The opportunity to take control of the credit underwriting process by being an SME within this function.
• The option to work in the London office full-time, or being located in Birmingham or Manchester, with the requirement to travel to the London office once or twice a month.

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