Asset Finance Underwriter

3 weeks ago


Newport, Newport, United Kingdom Propel Finance Full time
Job Description

We are looking for a highly skilled Asset Finance Underwriter to join our team at Propel Finance. As a Senior Underwriter, you will be responsible for evaluating and approving credit proposals, ensuring the success of our business.

Key Responsibilities:

  • Conduct detailed Credit Reviews and sanction Asset Finance transactions up to a personal credit underwriting mandate limit.
  • Analyse and provide recommendations on transactions being presented to the Transactional Credit Committee.
  • 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.

Requirements:

  • Strong 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.

Benefits:

  • £50,000 - £60,000 per annum (depending on experience).
  • 25 days annual leave + bank holidays.
  • 2 additional days holiday after 5 years' service.
  • Birthday day off.
About Us

Propel Finance is a leading independent finance house with over 20 years of experience providing flexible and accessible finance solutions to SMEs across the UK.

Why Work Here?

  • A great working environment and ambitious business culture.
  • Opportunities for career growth and professional development.
  • Competitive salary and benefits package.


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