Location
Basingstoke, Hampshire | United Kingdom
Job description
Industry : Asset Finance and Block Funding
Location : Basingstoke, largely office based with some flexibility
Salary : Excellent salary, benefits and career opportunities
We are looking for a Credit Underwriter with experience in Asset Finance, and Block Funding/ Structured Finance to join a fast growing lender The candidate will be required to analyse and assess credit proposals received from a panel of Brokers and Business Development managers.
The job holder will be able to assess credit proposals within their delegated authority limit, make recommendations based on financial and non-financial performance and must be able to work to tight deadlines and adhere to a service levels and provide excellent customer service.
Key tasks and responsibilities :
- Guide, manage and coach junior underwriters
- Evaluate a customer’s credit data and financial statements in order to determine the degree of risk involved in lending to them using key financial ratios.
- Analyse affordability measures, financial crime risks and fraudulent applications
- To assess and approve credit proposals within delegated authority and make Credit Management
- Assess both Broker Introduced business and Structured Finance business against Policies and appetites.
- Assess loan book trends and make recommendations to improve the risks to the Bank.
- Review financial and non-financial covenants set or proposed for customers and provide recommendations.
- Provide industry regulatory support and understanding to the business in order to strengthen future frameworks
- Produce reports on trends, volumes and data relating to applications to senior management
- Reconcile credit files and identify discrepancies
- To build and maintain flexible working relationships with internal and external stakeholders
- Adhere to credit policy, credit guidelines, service levels and his/her own delegated authority
- Assist the COO in automation of credit process and decisioning where applicable
Knowledge, Experience and Skills :
- Proven experience working in a credit role within the financial services industry or specific asset finance experience
- Understand the relevant UK Regulatory requirements relating to the provision of credit facilities in these jurisdictions including KYC processes
- In depth understanding of financial statements, ratios, and principles of lending
- Excellent interpersonal and communication skills are essential as this role will involve influencing at all levels
- Knowledge of Block Discounting, purchase/assignment of receivables and wider Structured Finance products.
- Possibly have experience of leading a team, and representing the Credit Dept. in meetings and at senior levels.
Please contact Joanne for more information
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Salary : Excellent Salary + Benefits
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