Job Title: Senior Underwriter
About the Senior Underwriter Role
We are working closely with a long-established challenger who are looking to grow their fantastically performing team. They are looking the bring in a Credit Underwriter....
Reporting to the Head of Credit, this exciting opportunity is working with a fantastic company who really care about their employees, understand, and are committed to the market, and have implemented market leading broker systems to drive their growth.
As Senior Underwriteryour responsibilities and duties will include:
- To evaluate, analyse, and approve credit proposals and revisions to underwrite structured finance deals and maintain the portfolio through a consistent level of credit risk assessment and ensure adherence to all policies and procedures.
- Provide commercially balanced recommendations to colleagues where new business applications are above the Senior Underwriter's credit mandate
- Assist with the preparation of credit papers for submission to AL/Credit Committee
- To be able to process high volumes of new business proposals and promote a high level of service to brokers, suppliers, and customers within strict time deadlines
- To assist the Head of Credit in the achievement of critical KPI's for the asset finance sales support department
- To maintain an awareness of and compliance with legal processes and statutory requirements in new business with reference to the Consumer Credit Act, Data Protection Act and Anti Money Laundering Procedures and Fraud.
- The role will require attending virtual and in person meetings with key brokers at Sales request as well as ensure regular contact on proposal with brokers to help make the difference through with positive discussion and negotiation on potential transactions as required.
- Ensure that online training and regulatory reading is completed on time
About You
If you are currently in a Credit role or are currently working as an Underwriter this is the ideal next step in your career
Skills required for the Senior Underwriter role:
- At least 5 years' proven experience in the Asset Finance sector in the capacity of working in a decision-making function
- To analysis a set of financial accounts, including assessing affordability, serviceability, and cash flow in proposals up to £1m
- Strong numeracy and literacy skills together with an excellent eye for detail
- Excellent administrative, organisational and communication skills
- Self-motivation and team player
For more information about the Senior Underwriter role or to apply send your CV now.