Senior Credit Underwriter

Description:

Senior Credit Underwriter

Alton

£40,000 - £60,000

Working Hours: Mon - Fri 9am-5.30pm

Option for remote working but office days are required

The Client

Our Client, offers both Personal and Commercial Banking, providing a wide variety of financial products and services, including taking deposits and the provision of credit facilities and asset finance.

Reporting to the Chief Operating Officer, the successful Senior Credit Underwriter candidate will have experience in Asset Finance (underwriting both soft and hard asset applications). Underwriting limits will ideally range from £50K to £500K. The candidate will be required to analyse and assess credit proposals received from brokers. To liaise with colleagues to ensure we obtain all relevant information from brokers and work to service levels for excellent customer and broker service. The candidate will have the opportunity to challenge credit policies and suggest changes to policy and criteria.

Key Tasks and Responsibilities

· Guide, manage and coach the underwriters

· Monitor and ensure optimal resource allocation amongst the underwriters

· Assess credit applications from reviewing the proposal form, credit bureau searches, supporting information including bank statements, financial accounts and any other additional information required.

· Analyse affordability measures, financial crime risks and fraudulent applications, and credit backgrounds

· 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

· Adhere to credit policy, credit guidelines, service levels and his/her own delegated authority

· Make credit recommendations to the senior management and credit committee for proposals outside of their delegated authority

In depth understanding of financial statements and principles of lending
Work with the sales team/brokers to maximise opportunity
Assist the credit committee and COO to ensure the credit policy is current and provide recommendations on improvement and enhancements to credit policy and credit guidelines
Assist the COO in automation of credit process and decisioning where applicable
Good knowledge of regulatory matters including KYC processes

Working Relationships

Liaison with Credit Team, Operations & Compliance teams and other business areas.
Interaction, when required, with UK brokers to manage and improve relationships.

Knowledge, Experience and Skills

At least 3-5 years 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
Excellent interpersonal and communication skills are essential as this role will involve influencing at all levels
Excellent organisational and communication skills
Good verbal and numerical skills
Ability to work under pressure.
Good working knowledge of Microsoft Office packages
Planning and organisational skills
Active listening and questioning skills
Interpersonal skills to allow ability to maintain relationships
Work produced to high quality standards
Professional detailed conscientious approach to work

How to Apply

To be considered for this role, please feel free to contact Heather Royston-Webb in the Leicester office or email for further information

Job Details