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Role Overview:
- Working within the existing Credit Underwriting team of a well established asset finance leasing company to credit underwrite all new business prospects for our own book and the broking out of proposals to other Funders.
Main Duties:
- To manually assess all new business proposals, reviewing the proposal form, credit searches, supporting information including bank statements, financial accounts and any other additional information provided.
- To underwrite proposals in line with the company's credit policy and risk acceptance criteria up to the individuals remit within set SLA’s.
- Make credit recommendations to the Credit Manager/Directors for proposals outside of their remit.
- Where required, request additional information to further strengthen a proposal to be able to offer an acceptance.
- Broke out proposals to other Funders which fail to meet the company's criteria or where we are unable to offer the finance ourselves.
- Build relationships with other Funders to who the company brokers business.
- Help identify gaps in our funding panel and find solutions to those gaps.
- Work with the Sales Team/Brokers to maximise every opportunity and work with them to find ways to write new deals.
- Assist the Credit Manager to assess new introducers and ongoing monitoring of those once approved for both financials strength and FCA compliance.
- Assist the Credit Manager in the training and development of the more junior underwriters.
- Any other reasonable tasks at the request of the company management.
- Assist the Credit Manager with other areas of underwriting/credit as and when required.
Key Skills:
- Must be self motivated and be able to work on own initiative.
- Must be able to work under pressure and deliver decisions within a timely manner to meet SLA’s.
- Work well within a small team whilst working independently.
- Have good communication skills, both written and verbal and have excellent telephone manner.
- Be able to build positive professional working relationships with our introducers, suppliers and service providers.
- Good numeracy skills and be confident working with numbers.
- Be hard working, proactive and enthusiastic.
- Good time management skills and able to prioritise workloads to ensure targets are met.
- High attention to detail and high levels of accuracy.
- Identify opportunities.
- Be willing to take on additional and varied tasks to support the business requirements.
Experience/Qualifications:
- Must have a minimum of five years credit underwriting experience in a similar organisation.
- Direct experience within the asset finance/leasing industry and experience of a wide asset range.
- Familiar with the SME market.
- IT literate.
- Good background education (ideally to a Degree level).
