Credit Analyst/Underwriter

Leasing Life; Essex; On-site; GBP 40,000 - 50,000; Full time

Job summary

A financial lending company in Essex is seeking a Credit Analyst/Underwriter to ensure effective credit decisions based on established lending standards. The ideal candidate will have comprehensive skills in financial analysis, experience in underwriting business credit applications, and an understanding of regulated environments. Additional requirements include eligibility to work in the UK and a full clean driving license. This role also offers competitive compensation with benefits.

Qualifications

• Skilled in financial analysis for credit underwriting purposes.
• Possess excellent communication skills both orally and in writing.
• Knowledgeable in AML and KYC regulations.

Responsibilities

• Verify and check new proposals, making decisions within acceptable timeframes.
• Ensure compliance with underwriting policies and legal requirements.
• Monitor customer activities and make recommendations as necessary.
• Organize or participate in Credit Committee meetings.
• Manage credit lines and existing large-value exposures.

Skills

Financial analysis for credit underwriting

Excellent people skills

Communication skills (oral and written)

Organizational skills

Knowledge of AML/KYC tools

Experience in underwriting business credit

Job description

Credit Analyst/Underwriter

Essex

Salary £40k-£50k plus benefits

Working for a lender in the hard asset sector seeking an underwriter/analyst to provide the credit function with the skills and competencies to ensure the company make good credit underwriting decisions/recommendations based on recognised lending standards and within policy criteria.

Key responsibilities

• Ensure that new proposals are verified, checked and a decision/recommendation made within a turnaround time that is acceptable to the business
• Use any authority and knowledge in a manner that means the business we accept will allow us to prevent default and litigation cases that otherwise will result in us incurring unacceptable impairment volumes and values
• Ensure that underwriting policies are complied with and are in compliance with the requirements of any legal, fiscal or commercial requirements
• Carry out regular monitoring routines for both consumer and corporate business customers and make recommendations when necessary
• Organise or participate in regular and ad hoc Credit Committee meetings to review and make recommendations relating to proposals
• Provide accurate and timely reports to management in the formats and frequencies required from time to time
• Support the UK Management team in all risk compliance and anti-money laundering matters
• Provide support as required with reporting and impairment calculations
• Manage credit line and existing large-value exposures in line with company policies
• Visit customers as requested to complete credit work as required
• Skilled and experienced in underwriting business credit applications
• Understanding of credit in asset finance or possibly motor finance
• Highly skilled in financial analysis for credit underwriting purposes and contract documentation
• Knowledge and experience in operating in a regulated environment using all AML/KYC tools
• Possess excellent people skills and be an effective team player
• Excellent communication skills – both oral and written
• Well‑organised and capable of working on own initiative

Additional job requirements

• Eligibility to work in the UK
• Full clean driving licence
• Ability to travel around the territory, with some overnight stays, when occasionally, if rarely, relevant

Contact Julie for more information: 01279713900