|CAREERS IN LEASING|
|Salary:||c£50,000 plus excellent bonus and benefits|
|Location:||UK, S Eng / SE Eng|
|Job Function:||Credit Risk & Collections|
|Asset Type / Sector:||All Assets / Sector|
|Job Description :||Ref: J2169 - Our client is seeking an Underwriter - UK, S Eng / SE Eng to support the credit process and ensure the integrity and quality of new business proposals and of the lease portfolio. You will have an underwriting authority in line with company policy.
Obtaining the information required to complete an underwriting proposal which will include dealing with the asset department, sales team and occasionally direct communication face to face or by telephone with brokers or prospective customers.
Make valid commercial judgements in relation to risks arising from a new business proposal.
Complete objective, sound and balanced written underwriting proposals covering the risk and mitigants of a transaction in accordance with company processes and practices.
Arranging and attending meetings at the office and at broker/customer sites.
Presenting underwriting proposals to other underwriters or to the credit committee.
As applicable, approving proposals under own authority.
Accurately communicating approval conditions to the sales teams and other relevant staff.
Completion of Annual Credit Reviews on existing high balance exposures.
Educated to at least “A” level standard - degree or equivalent in a Business discipline preferred.
Knowledge of Data Protection, Anti Money Laundering, Consumer Credit Act, Companies Acts and related legislation.
An ability to demonstrate proven experience of underwriting transactions in a vendor or direct asset finance lending environment and having held a personal lending mandate.
Experience of discussing accounting information on a face to face basis with customers to obtain additional information.
Understanding of the concept of Risk and participate actively in reviewing all aspects of the Company’s portfolio from time to time.
Proven ability to interpret financial statements and produce a clear written analysis including understanding a customer’s cash flow.
Experience of deal structuring and documentation including strengthening proposals by taking additional security.
Live within (easy commutable reach of) Kent or Hampshire regions.
We strongly favour applicants with proven relevant experience in Financial Services; particularly in Asset Finance and Leasing.