XS Recruitment
Location
Oldham, Greater Manchester | United Kingdom
Job description
Credit Underwritter
Area: Chadderton / Oldham
Hours: 9 am to 5 pm, Monday to Friday
Permanent Position
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.
Experience/Qualifications:
• Ideally a minimum of three 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.
Main Duties and Responsibilites:
• 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 their 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 don’t meet their criteria or where we are unable to offer the finance ourselves.
• Build relationships with other Funders.
• 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.
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.
Job tags
Salary
£28k - £30k per annum
