31/05/2023

Business Money Promotions Ltd; Manchester, Leeds; On-site; GBP 60,000 - 90,000; Full time

Benefits offered by this job

Additional benefits

Job summary

Business Money Promotions Ltd is seeking an experienced Underwriter to join our Property Finance/Asset Based Lending team in Manchester or Leeds. You will assess complex credit risk, structure deals using available assets, and support senior management in maintaining a robust risk framework.

You will review financial statements, contribute to training, and collaborate with business development to structure new proposals while ensuring facilities comply with credit policy and appetite.

Qualifications

• Experience in property backed lending or Asset Based Lending
• Ability to analyse and interpret financial statements
• Coaching and developing colleagues
• Strong analytical and problem-solving skills

Responsibilities

• Underwrite new propositions within your mandate
• Support risk director to maintain robust risk framework
• Act as 1st underwriter/due diligence support for deals outside mandate
• Provide underwriting and credit risk training
• Support Business Development in structuring new proposals
• Ensure facilities align with credit policy and appetite

Skills

Property lending

Asset Based Lending

Deal structuring

Financial statement analysis

Coaching

Prioritisation

Analytical thinking

Collaborative

Job description

Underwriter – Property Finance/ Asset Based Lending

Home » News » Underwriter – Property Finance/ Asset Based Lending

Underwriter – Property Finance/ Asset Based Lending

Our client, one of the UKs leading providers of Business Lending solutions within the SME marketplace is looking to bring on an experienced Underwriter to join their expanding team in either Manchester or Leeds.

Key Responsibilities:

• To support the Risk Director in ensuring that the risk framework of the business is robust and remains so as the business grows.
• To underwrite new business propositions within your own mandate.
• Act as 1 st underwriter / due diligence support for deals outside own mandate.
• To provide underwriting and credit risk awareness training within the wider business.
• To support the Business Development team in structuring new business proposals.
• To provide credit oversight to ensure new and existing facilities are written in accordance with credit policy and appetite.
• Share best practice across the business, driving efficiencies and consistency across the Regions.

Key Requirements:

• An experienced underwriter who must demonstrate a full appreciation of property backed lending, and ideally a wider Asset Based Lending background.
• Deal structuring experience working with the available asset base and any secondary security.
• A solid understanding and ability to analyse and interpret financial statements.
• Evidence of coaching and developing colleagues.
• Ability to prioritise and manage competing demands and stakeholders.
• Good analytical and problem-solving skills.
• Collaborative, with a positive, can-do attitude

The successful candidate will be rewarded with a market leading salary + range of additional benefits.