Senior Underwriter

Our client was established in 1996 to provide flexible and accessible finance to SMEs across the country. Now, more than 20 years on, they have grown to become one of the UK’s largest, independent finance houses. They have continued to deliver leading-edge finance solutions through a unique combination of teamwork and technology.

From this continued success they are now looking to recruit a Senior Underwriter to allow them to continue their exciting growth plans.

Their aim is to take the service they offer to the next level, to push the boundaries of what’s available, and to create great customer experiences consistent with their values. Does that sound like something you’d like to be part of?

As a Senior Underwriter, you will evaluate, analyse, and approve credit proposals, and revisions to underwritten transactions. You will have underwriting authority across all core origination channels including banking partners, accounting partners, vendor partners, brokers, and direct to customer relationships.

Role responsibilities;

• Conduct detailed Credit Reviews and sanction Asset Finance transactions up to a personal credit underwriting mandate limit. This mandate will include hard and soft assets.
• Analyse and provide recommendations on transactions being presented to the Transactional Credit Committee
• Contribute to Watch List / Business Support List compilation and participate in appropriate forums
• Have responsibility for reviewing and recommending changes to Credit Policy in terms of risk appetite for asset classes & asset types, products, and terms of lending.
• Have responsibility for reviewing recommendations from Business Support and Collections teams in terms of actions on stressed assets including those in work-out and recoveries
• Effective Stakeholder management and communication with Sales stakeholders - ensuring SLAs for deal decisions are managed

Key skills required;

• Financial analysis and credit report writing skills
• Knowledge of soft and hard assets
• Ability to understand Credit Sanctioning decision systems
• Cashflow analysis for larger transactions
• Asset Finance / Banking experience

So, why would you want to work here?

They have a great working environment, and they are an ambitious business. They achieve so much because of their people. Everyone in the business, no matter their team or role can shape the outcome, share ideas, make suggestions, and have their voice heard. It’s a truly collaborative place to work.

They embrace hybrid working and with modern offices in Newport, London, and Manchester, plus a field-based sales team, you’ll never be too far away from colleagues.

This is a hybrid role, with 3 days per week in the Newport or London office, giving you the best of both worlds.

Benefits you can expect:

• 25 days annual leave + bank holidays
• 2 additional days holiday after 5 years’ service
• Birthday day off
• Opt in Private Medical Insurance
• Subsidised gym membership at £18.75 a month
• Cycle to Work Scheme
• Electric Car Scheme
• Buy Annual Leave Scheme
• Half day seasonal shopping
• Auto enrolment pension – 3% employer contribution subject to eligibility
• Life Assurance 3 x basic salary
• Employee Assistance Programme available 24/7
• Company events and reward schemes

Our client is proud to be a member of Stonewall’s Diversity Champions programme and are committed to improving workplace inclusion.