Underwriter (Trade Finance Division)

2 months ago


London, United Kingdom UK Export Finance Full time

Job summary

UK Export Finance has recently undergone an internal consultation to review the current structure of its Business Group (BG) and a decision has been made to create two new distinct directorates:

Large Corporates & InternationalSmall & Medium Enterprises and Trade Finance

This will enable us to fully focus on specific customer requirements and to aid product delivery for the respective markets in which UKEF provides support. Typically, our support can help UK exporters win, fulfil and get paid for contracts in all sectors.

Job description

The Trade Finance Division (TFD) sits within the Small & Medium Enterprises and Trade Finance directorate and is accountable for the delivery of UKEF�s short-term business products: Bond Support Scheme, Export Working Capital Scheme, General Export Facility, Export Insurance Policy, Supply Chain Finance and Bond Insurance Policy (BIP). TFD comprises the Short-Term Business Underwriting Team (STBU), Post-Issue Management (PIM), and Business Group Operations (BSG).

The advertised role sit within this division and would suit a highly motivated individual who is process driven. �

The main responsibilities of this post includes:

Dealing with new business enquiries and reviewing applications for UKEF support. Determine viability and liaise with relevant parties for any absent information.Assisting with casework, in the preparation of credit papers and in negotiation of transactions; identification of key entities and ultimate beneficial owners;; administering policies and guarantees; and customer relationship management. You will also be expected to interface with external stakeholders (exporters, banks, overseas buyers and project sponsors etc.).Obtain a technical knowledge of Export Finance, Trade Finance and Credit Insurance products, and gain an understanding of the wider political, legal, and risk environment in which UKEF and the wider Civil Service operate.Manage case work, ensuring all relevant communications and documents are correctly processed and stored in the relevant UKEF systems and databases.Learning and Development � continuously develop knowledge of UKEF�s products and policies and internal/external factors that impact UKEF�s operating environment.Explaining clearly UKEF�s products and processes. Contribute to policy development and process improvement.Participate in marketing activities as required, including giving presentations at meetings.

This list is not exhaustive; you may be required to carry out additional duties according to business need.


Person specification

UK Export Finance is looking for motivated individuals with a desire to learn about the business.� Successful candidates will be provided not only with functional training to enable them to do well in their role, but also with personal development to help them to achieve their career ambitions. Please note that the person specification below outlines at which stage(s) you will be assessed on how you meet the criteria for the role(s) including:-

A = assessed at application stage���� I = assessed at interview stage������� T = assessed by test stage���������������� ���������� P = assessed at presentation stage


Essential

Qualifications

5 GCSE passes (including Maths and English) at Grade 4 (C) or above; or equivalent or relevant demonstrable experience. [A]

Knowledge �

A working level understanding of the political, commercial, legal and risk environment that operates in and the wider . [A, I]Knowledge of international financing structures and . [A, I]


Skills / Ability

Good written communication skills the ability to create good first drafts of documents and presentations for senior managers. [A]Oral communication skills able to present effectively, clearly and persuasively. [A, I, P]Analytical ability sufficient to be able to understand financial, legal and policy issues. [A, I]Able to use MS Office products, in particular Excel, PowerPoint and Word. [A]Highly organised & methodical approach to managing a workload. [A, I]Ability to develop and maintain effective professional relationships. [A, I]

Experience

Experience of working in teams. [A]Experience in working in an environment where attention to detail is paramount. [A, I]Experience of working with internal and external stakeholders. [A, I]Experience of Financial analysis / Credit Risk analysis. [A, I]

Desirable

Qualifications

Relevant professional qualifications Diploma in International Trade. [A]


Knowledge

Basic Understanding of the Principles of Credit risk analysis. [A]


Skills/Ability

Familiarity with Salesforce, estore / SharePoint (not exhaustive). [A]Management skills sufficient to coach and manage junior team members[A, I]Ability to understand and interpret financial statements. [A]Loan negotiation skills and familiarity with legal documentation. [A]

Experience

Commercial, banking, financial institution or legal experience. [A]


Other requirements

Roles may require UK and/or international travel.Some knowledge of foreign languages would be useful.

Behaviours

We'll assess you against these behaviours during the selection process:

Managing a Quality ServiceDelivering at PaceWorking Together

Technical skills

We'll assess you against these technical skills during the selection process:

Tell us about your experience in credit risk and / or financial analysis.Presentation

We only ask for evidence of these technical skills on your application form:

Tell us about your experience in credit risk and / or financial analysis.

Benefits

Alongside your salary of �39,035, UK Export Finance contributes �11,308 towards you being a member of the Civil Service Defined Benefit Pension scheme. Learning and development tailored to your roleAn environment with flexible working optionsA culture encouraging inclusion and diversityA with an employer contribution of

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