J2722 - Our client is seeking a Senior Credit Underwriter to appraise own book finance deals consisting mainly of lease & hire purchase across hard and soft assets. You will also be involved in underwriting block facilities.
Salary: £50,000 - £55,000 plus excellent bonus. Location: UK, E Mids / Northants (mix of office and home based).
Underwrite leasing deals to include Equifax credit searches, analysis of accounts and bank statements, supplier searches and asset valuations.
Be main point of contact for block discounters and oversee audits carried out by block discounters.
Source new block discounters, and negotiate better rates and reduced fees.
Negotiate increases to block discount facilities.
Implement clear credit policy.
Ensure lending targets are set in conjunction with the MD.
Check all finance documents prior to pay-out.
Produce reports detailing asset types, customer industry sectors, average yield, average deal size etc.
Ensure finance documents are up to date and FCA compliant
Structure supplier lending schemes e.g. buy backs, rates etc.
An experienced underwriter who has expertise in underwriting soft and hard assets.
Experience of working in an FCA regulated environment.
Strong communication skills.
Eager, committed, motivated.
We strongly favour applicants with proven relevant experience in Financial Services; particularly in Asset Finance and Leasing.