Job Details

Credit Underwriter - Large Value Credit

Ferndown, Lancashire, United Kingdom, Permanent

Posted: 11days ago


Heard of us?

We\'re a nimble and ambitious financial services specialist. Backing people to fulfil life\'s hopes and dreams; delivering the most compelling customer experience across Banking and Motor Finance.

Now is your chance…

Our Asset Finance division is recognized as an award-winning leader in our industry. We partner with Brokers to help their customers to finance the assets they need to grow. We support the ambition of British SMEs and mid-corporates by enabling them to seek and seize business opportunities.

Our financing solutions include Leasing, Hire Purchase, and Loan facilities which we take to market through over 300 Brokers. Our products provide a flexible way to spread the cost of an asset acquisition over its economic life. In doing so we fund assets of all shapes and sizes, with over 300 different asset type, and today we are very proud to originate over £1bn of new business annually.

The role of Credit Underwriter - Large Value Credit is a fantastic opportunity to join this dynamic team based in Reading or Manchester and forms a critical part of our customers journey. You will work in the Asset Finance underwriting team, assessing new business applications submitted by brokers from our panel that fall within Aldermore lending appetite, with a typical customer exposure of >£250k.

When the time is right, we would love to welcome you to our Reading or Manchester office. In the meantime you will be based remotely. You\'ll be made to feel part of your new team by your Line Manager, Team Leader - Middle Ticket Underwriting, and colleagues through regular contact and virtual interaction.

What would your day look like?

* Understand and apply Asset Finance Credit Policy.
* Assess and recommend proposals for Credit within a personal lending mandate of up to £500k.
* Work transactions in excess of this value and recommend these to higher mandate holders.
* Ensure Credit SLAs are adhered to through consistent decisioning of proposals.
* Maintain high quality lending criteria through individual business assurance output.
* Liaise with internal sales and external brokers to structure deals and improve key stakeholder relationships.
* Assist in the development of effective risk controls and loss management
* Foster a culture of continuous risk improvement

What do we expect of you?

* Proven expertise in Credit underwriting within the Asset Finance Sector (awareness of the relevant asset classes and lending to a broad sector of SMEs)
* Strong understanding of and ability to read a set of accounts
* Experience of working to tight SLA\'s and processing new business proposals
* Strong written and verbal communication skills - lots of stakeholder interactions
* Motivated and resilient nature
* SME risk management experience

What can you expect of us?

* A friendly and flexible culture, synonymous with our proposition to our customers.
* A growing organisation that defines itself as being nimble, lean and strong.
* A drive for continuous improvement, which you will be empowered to get behind from day one.
* A communicative, accessible and approachable ExCo.
And of course, you will be compensated competitively, with a good range of core benefits and bonus potential.

Still Curious?

Aldermore Group was formed by bringing together two very successful businesses, Aldermore Bank and MotoNovo Finance, under the First Rand umbrella. Whilst our parent company operates internationally from their HQ in South Africa, we are a UK-based financial services specialist that supports our customers across a range of products and services.
Underpinned by our strategic blueprint, \"backing people to fulfil life\'s hopes and dreams\", we thrive upon saying \"yes\" to our customers. We respect the ingenuity of entrepreneurs and their startups; we give first-timers a leg-up onto the property ladder; and we open up the lending market to many.

This is where you come in. We are on a journey. A journey defined by a destination; to deliver on our purpose over the course of the next 3 to 5 years.

Join us today and we will make the same promises to you as an employee, as we do to each of our customers. We are committed to building a working environment that values respect, diversity, and compassion. We welcome people regardless of age, disability, gender identity, marital status, race, faith or belief, sexual orientation, socioeconomic background, and whether you\'re pregnant or on family leave.


Aldermore Group is an equal opportunities employer.

We do not accept speculative agency CVs. Any CV received by Aldermore Group will be treated as a gift and not eligible for an agency fee. PSL agencies should only send CVs if authorised to do so by HR.

Where a DBS check or CIFAS check is identified as necessary, all application forms, job adverts and recruitment briefs will contain a statement that an application for a DBS certificate or a CIFAS check will be submitted in the event of the individual being offered the position

Job Details

Ferndown, Lancashire, United Kingdom