Credit Underwriter

Leasing Life; Glasgow; Hybrid; GBP 35,000 - 50,000; Full time

Job summary

A financial services firm in Glasgow is seeking an experienced Credit Underwriter to assess funding applications and support the Risk Function. This role involves making independent credit decisions, mentoring junior analysts, and enhancing the quality of credit applications. Candidates should have 2-3 years of experience as an Underwriter or Credit Analyst, a relevant university degree, and strong analytical skills. The position offers hybrid working, requiring three days in the office and allows a significant impact within the SME asset finance market.

Qualifications

• Minimum of 2-3 years of experience in financial services as an Underwriter or Credit Analyst.
• Experience in the SME sector preferred, or within consumer, commercial, or mortgage sectors.
• Strong understanding of financial ratios and experience in analyzing financial statements.

Responsibilities

• Assess funding applications and make independent credit decisions.
• Verify information on clients' applications and evaluate fraud risks.
• Mentor and train junior credit analysts.

Skills

Credit analysis

Analytical capabilities

Excellent Excel skills

Attention to detail

Verbal and written communication

Education

University degree in business, finance, economics, mathematics or related

Job description

Credit Underwriter

Glasgow

Hybrid working: three days a week in the office

Our client is a lender to the SME Asset Finance market. We are seeking to recruit a Credit Underwriter experienced in fast-moving ‘flow’ asset finance to support the Risk Function. This is a unique opportunity to help shape the Risk Function of the business to meet the demands of the market.

We are looking for a Credit Underwriter for the UK market. You will be responsible for assessing funding applications, utilising and further developing your functional expertise in credit analysis by learning from an experienced Risk Director. This is a key function for the business where you will be supporting the business by making meaningful lending decisions to SME companies.

You will be:

• Verifying information on clients’ applications and evaluating fraud risks
• Given the responsibility to make independent credit decisions within your own delegate authority
• In close contact with our Brokers to ensure an excellent client experience
• Making recommendations for developing systems, processes and business policies and guidelines
• Mentoring and training junior credit analysts as they come on board
• Directly supporting the business by enhancing the quality of credit applications, as well as making recommendations to colleagues to ensure that commercial opportunities are maximised while adhering to business policies and guidelines

Your skills and qualifications

• A minimum of 2-3 years of experience in financial services as an Underwriter or Credit Analyst for the UK market
• A university degree in business, finance, economics, mathematics or other related numerical subjects
• Experience in the SME sector (preferred), however experience within the consumer, commercial, or mortgage sector is also of interest to us
• A sound understanding of financial ratios, credit reporting agency data, and experience in analysing financial statements
• A solid grasp of UK credit bureau data and ancillary sources
• Strong analytical capabilities and excellent Excel skills
• A strong work ethic with great attention to detail; a team player with the ability to work independently while contributing to the success of our team at the same time
• Excellent verbal and written communication skills, as well as excellent planning and organisational skills while always maintaining an enthusiastic ‘can-do’ attitude
• Can establish effective working relationships at all levels and be consistently customer-focused with a commercial approach

Contact Julie for more information: 01279713900