Director of Underwriting

About The Role
*About the Role
Are you a seasoned credit professional with a passion for structuring complex deals and balancing risk with opportunity? Secure Trust Bank is looking for a
Director of Underwriting
to play a pivotal role in driving the success of our
Asset Based Lending (ABL)*
division.

In this highly visible senior role, you'll lead the assessment, structuring, and underwriting of new credit opportunities, working closely with our new business team to deliver tailored funding solutions that support our growth ambitions and client needs. You'll combine commercial acumen with technical expertise to safeguard portfolio quality while enabling strategic opportunities.

*What You'll Do*

• Lead Underwriting: Manage transactions from initial mandate through Credit Committee approval and execution.
• Assess Risk: Conduct in-depth analysis of prospective clients, financial performance, assets, and forecasts.
• Structure Deals: Recommend covenants and credit structures that align with risk appetite and client needs.
• Drive Governance: Ensure compliance with credit policies, regulatory requirements, and audit standards.
• Collaborate: Work with legal counsel and internal teams to deliver robust documentation and commercially sound outcomes.
• Mentor & Influence: Support junior colleagues, share expertise, and contribute to the development of best practices.
• Engage Stakeholders: Act as a senior point of contact for clients, advisors, and introducers throughout the deal process.

*What We're Looking For*

• Extensive experience in corporate credit assessment, ideally within ABL or structured debt finance.
• Strong technical knowledge of debt structures, security arrangements, and regulatory frameworks.
• Proven track record of underwriting mid-market transactions (£5m–£60m).
• Advanced financial analysis skills and ability to interpret complex data.
• Excellent communication, negotiation, and stakeholder management skills.
• Experience presenting credit submissions at senior committees.
• Degree and/or relevant industry qualifications preferred.

*Why Join Us?*

• Impact: Shape the future of our ABL division and influence strategic decisions.
• Collaboration: Work with talented teams and build strong market relationships.
• Growth: Opportunities to lead, mentor, and develop your expertise.
• Flexibility: Hybrid working options to support work-life balance.
• Inclusive Culture: We value diversity and welcome applications from all backgrounds.

Everyone is different. Everyone is valued
As part of our vision to become the most trusted specialist lender in the UK, we've been helping customers and businesses fulfil their ambitions s ince In that time, we've learned that we're more than the sum of our parts. We're a strong Group because of our people and our strengths; specialist, expert, ambitious and also diverse . All of our people are different and this is something we celebrate .

Every one of our employees brings unique talent, ability and perspective to their role.

That's why Secure Trust Bank Group nurtures differences. We understand that we perform better because we're not cast from the same mould. We actively embrace and support diversity, work with leading industry bodies and promote initiatives that reinforce our philosophy of giving you the freedom to be who you are.

We're an award-winning bank providing savings accounts and lending services to over one million customers. We're Secure Trust Bank Group. We embrace difference.

Notes/Brief For Recruitment Team
About The Company
Our customers are at the heart of everything we do, but we can't achieve our customer focused strategy without the right people in our team.

At Secure Trust Bank, we know that people are our biggest investment, which is why a career with us is not just a job. It's the chance to be part of something bigger, to add real value to the Bank and help us constantly improve, in order to achieve our ambition of becoming the best bank in Britain. We believe in giving our staff autonomy, with initiative and exceptional performance recognised through a variety of individual and team awards and incentives. All our employees have a tangible impact on the Group's core values, and we are looking for candidates who are enthusiastic, proactive and enjoy working in a fast paced environment. So join us as we strive to Grow, Sustain and Love the way we work.