Credit Risk Specialist

14 hours ago


Newport, Newport, United Kingdom Propel Finance Full time

Propel Finance, a leading UK finance house, is seeking an experienced Senior Underwriter to propel its growth plans forward. Located in Newport or London, this hybrid role offers the perfect blend of office and remote work.

As a Senior Underwriter, you will be responsible for evaluating and approving credit proposals, as well as analysing and providing recommendations on transactions presented to the Transactional Credit Committee. Your expertise will play a crucial role in shaping the company's risk appetite for asset classes, asset types, products, and terms of lending.

Your key responsibilities will include conducting detailed Credit Reviews, sanctioning Asset Finance transactions up to a personal credit underwriting mandate limit, and contributing to the compilation of Watch Lists and Business Support Lists. You will also be responsible for reviewing and recommending changes to Credit Policy, ensuring effective stakeholder management, and communicating with Sales stakeholders to manage SLAs for deal decisions.

To succeed in this role, you will require strong financial analysis and credit report writing skills, knowledge of soft and hard assets, and the ability to understand Credit Sanctioning decision systems. Cashflow analysis for larger transactions and Asset Finance/Banking experience are also essential.

We offer a competitive salary of £55,000 - £65,000 per annum, depending on experience, plus benefits including 25 days annual leave, birthday day off, and private medical insurance. Our offices in Newport and London offer modern facilities, and our hybrid working model allows for flexibility and work-life balance.


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