Credit Risk Manager
3 weeks ago
We are seeking a highly skilled Senior Underwriter to join our team at Propel Finance. As a Senior Underwriter, you will play a crucial role in evaluating and analysing credit proposals, as well as approving transactions across various origination channels.
The ideal candidate will have strong financial analysis and credit report writing skills, with experience in soft and hard assets, asset finance, and banking. They will also possess excellent stakeholder management and communication skills, with the ability to work effectively with sales stakeholders to ensure timely deal decisions.
This is a hybrid role, with 3 days per week in our offices in Newport or London, offering the best of both worlds.
Key Responsibilities- Evaluate and analyse credit proposals, including conducting detailed Credit Reviews and sanctioning Asset Finance transactions up to a personal credit underwriting mandate limit.
- 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.
- Familiarity with Credit Sanctioning decision systems and cashflow analysis for larger transactions.
- Experience in asset finance / banking, with knowledge of soft and hard assets.
- Strong analytical and problem-solving skills, with the ability to work effectively in a collaborative environment.
- Excellent communication and stakeholder management skills, with the ability to work effectively with sales stakeholders.
- Estimated salary: £60,000 - £80,000 per annum, depending on experience.
- 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.
Propel Finance was established in 1996 to provide flexible and accessible finance to SMEs across the country. Now, more than 20 years on, we have grown to become one of the UK's largest, independent finance houses.
We pride ourselves on our unique combination of teamwork and technology, which has allowed us to deliver leading-edge finance solutions to our customers.
We are proud to be a member of Stonewall's Diversity Champions programme and are committed to improving workplace inclusion.
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