New Business Underwriter – Receivables & ABL – South East

Business Money Promotions Ltd; England; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading financial services provider in South East England is looking for a New Business Underwriter to enhance their Receivables & Asset Based Lending team. In this role, you will assess credit applications, analyze complex financial documents, and manage credit risk to optimize the lending process. The ideal candidate has experience in commercial finance, strong analytical skills, and excellent communication abilities. Competitive salary and benefits offered.

Benefits

Market-leading salary

Bonus

Excellent additional benefits

Qualifications

• Experience assessing credit applications in the commercial finance sector.
• Strong analytical skills to interpret complex financial information.
• Ability to maintain and build a credit portfolio.

Responsibilities

• Drive continuous improvement of processes for optimal efficiency.
• Make independent assessments of risk propositions.
• Oversee credit risks and authorise loan proposals.
• Advise Relationship Managers on lending-related issues.

Skills

Knowledge of commercial finance market and products

Experience in structuring of deals

Ability to interpret financial statements

Highly numerate with understanding of credit risk methodologies

Good knowledge of credit risk policies, processes, and controls

Excellent written and presentational skills

Job description

New Business Underwriter – Receivables & ABL – South East

Our client, a leading provider of Financial Services to businesses, requires a New Business Underwriter to join their Receivables & Asset Based Lending team in South East England.

The role will involve acting as a conduit between the new business team and the organisation’s credit committee, assessing credit applications in line with the company’s credit policy. Typically, this role will include collateral assessment, financial forecasting, and the in-depth analysis of complex financial accounts. Deal size will typically range between £1 Million and £20 Million.

Key responsibilities:

• Drive continuous improvement activity, challenging processes and procedures to ensure optimal efficiency and effectiveness, whilst being aligned with business delivery.
• Responsible for making an independent assessment of the risk proposition presented, and to carefully weigh up interests and responsibly maintain and build up the credit portfolio, with a view to optimising the lending process.
• Also, for overseeing credit risks and analysing, assessing, and authorising loan proposals, as well as advising Relationship Managers on lending-related issues and coordinating lending process activities, all within the formulated credit policy.
• Analyse and interpret complex financial documentation.

Key Skills:

• Knowledge of commercial finance market and products.
• Experience in structuring of deals.
• Ability to interpret financial statements.
• Highly numerate with a good understanding of credit risk methodologies, with experience of credit risk and portfolio analysis.
• Good knowledge of credit risk policies, processes, and controls.
• Excellent written and presentational skills.

The successful candidate will be rewarded with a market-leading basic salary, plus bonus, plus a range of excellent additional benefits.

We are an equal opportunities employer and welcome applications from all qualified candidates.