Job description
J2769 - Our client is seeking an Underwriter to analyse and structure credit proposals, working within delegated mandate or recommending for approval, and maintaining regular contact with broker base to discuss/negotiate potential transactions.
Salary: £40,000 - £65,000 plus excellent benefits and bonus. Location: UK, London
KEY RESPONSIBILITIES:
Analyse, negotiate and structure proposals to be approved under own mandate or recommended for approval to higher authority.
Spreading of financial accounts and applying/developing internal rating models.
Manage sanctioned proposals to draw-down with the help of Credit and Administration.
Research industry sectors and specific collateral to support credit application process.
Support Senior Underwriter in preparation of credit papers and reports
Maintain daily contact with broker base and arrange internal/external meetings where necessary.
Encourage flow of renewal business where appropriate.
Assist where applicable in conducting broker reviews/approvals.
Monitor adherence to loan offer terms.
Ensure that any security valuations or inspection reports comply with procedures.
Assist with development and maintenance of the Asset Finance Lending Procedures.
Ensure compliance with FSA and internal policies and procedures.
PERSON SPECIFICATION:
Good working knowledge and understanding of Asset Finance
Strong financial analysis, credit assessment and underwriting skills for Hire Purchase and Finance Lease agreements.
Ability to work with figures and translate information into reports.
A good working knowledge of CRM and data systems, Word, Excel and Outlook
We strongly favour applicants with proven relevant experience in Financial Services; particularly in Asset Finance and Leasing.
Applicants will only be considered with relevant in-country experience.