Credit Analyst – Asset Finance

CBC Recruitment Solutions; East Midlands; On-site; GBP 40,000 - 60,000; Full time

Job summary

A recruitment agency in the UK seeks an experienced credit analyst to evaluate credit applications for hard assets including manufacturing and agricultural equipment. Responsibilities include underwriting business propositions, maintaining knowledge of product types, and conducting market assessments. Candidates should possess a background in hard asset finance and manual underwriting. This role presents an excellent opportunity to join a successful and dynamic team.

Qualifications

• Experience as a credit underwriter, preferably in hard asset finance.
• Knowledge of manual underwriting versus scorecard assessment.
• Strong analytical skills to assess asset values and market conditions.

Responsibilities

• Underwrite business propositions and credit assessments.
• Maintain knowledge of product types and their implications.
• Ensure credit queues are managed and SLAs are met.
• Conduct site/customer visits and trade shows.

Skills

Credit analysis

Credit risk assessment

Knowledge of asset finance

Proactive support of sales

Job description

Our client is a well respected name in the UK asset finance sector.

They are looking to appoint an experienced credit analyst who will be responsible for assessing new credit applications for a range of hard assets to include manufacturing, construction, recycling and agricultural equipment.

Key responsibilities

• Underwrite business propositions and undertake credit assessments, ensuring company credit risk standards, procedures and authorities are met, that broader transaction risks are identified, evaluated and mitigated
• Maintain a good working knowledge of typical product types – e.g., Regulated and non-regulated Hire Purchase, Finance and Operating Lease, Stocking facilities, etc.
• Assess asset values and depreciation, with an awareness of market appetites and with reference to 3rd party valuers, internet comparisons, known sector guides – e.g., CAP – auction sites, dealers, and their own and others’ personal knowledge and experience.
• Verify broader group credit limits as appropriate and thereby ensuring correct use of mandated authority.
• Demonstrate a proactive and positive approach to supporting the Sales, Operations and Collections functions.
• Ensure credit queues are well managed and SLAs and KPIs met.
• Undertake site/customer visits, as required, along with trade shows, to ensure awareness of ongoing trends and developments within the various sectors the role supports.

We are looking for experienced credit underwriters, ideally from a hard asset finance background, and ideally with experience of manual underwriting, rather than scorecard assessment.

This is an excellent opportunity to join a dynamic and highly successful team.