Credit Underwriter - Asset Finance & Structured Finance - Basingstoke, largely office based with some flexibility

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thc recruitmentExcellent 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 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.

The Candidate:

  • 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 Jo for more information on 07831 774489 joanne@thcrecruitment.co.uk