Senior Underwriter ‒ Asset and Invoice Finance

Leasing Life; England; On-site; GBP 50,000 - 70,000; Full time

Job summary

Leasing Life is seeking a Senior Underwriter for Asset and Invoice Finance based in Cheshire. The role entails underwriting higher value transactions, assessing complicated financial information, and preparing credit papers for review. Ideal candidates will have solid experience in lending operations, particularly in the SME market, with a strong understanding of asset finance. Excellent communication and problem-solving skills are essential. Competitive salary and benefits offered.

Qualifications

• Solid experience in lending and credit operations in the SME market.
• Experience working on deal sizes in excess of £250k.
• Understanding of asset finance, SME loans, and ABL/IF markets.

Responsibilities

• Underwriting higher value transactions and exposures within the Credit function.
• Assessing, analysing, and interpreting complicated financial information.
• Preparing credit papers for submissions to the Chief Credit Officer.

Skills

Underwriting higher value transactions

Assessing financial information

Preparing credit papers

Excellent communication skills

Problem-solving aptitude

Excellent organisational skills

Job description

Senior Underwriter ‒ Asset and Invoice Finance
Excellent salary and benefits
Cheshire

Our client is a fast-growing provider of loans and asset finance to SME businesses with both direct and broker routes to market. Direct business is funded either on its own book or placed with third-party funders. Broker-introduced business is funded on their own book. The typical transaction size is around £50k.

The business has established good funding lines and aims to grow its own book by writing additional ‘hard’ asset finance in the transaction range of £50k-1m. Pricing is offered at competitive rates to attract good quality new business.

Due to our client’s continued success, they are looking to recruit an additional Senior Underwriter.

Your responsibilities

• Underwriting higher value transactions and exposures within the Credit function
• Assessing, analysing and interpreting complicated financial information and undertaking affordability analysis based on various financial and non-financial information
• Preparing credit papers for submissions to the Chief Credit Officer and Credit Committee (primarily Asset Finance SME loans, but also in conjunction with ABL/IF requirements)
• Be open and approachable for appeal of your decisions and have the ability to see a deal when originally you may not have
• Assist the Credit team in achieving SLAs
• Identify and implement credit policy improvements and developments
• Manage manual underwriting projects, ensuring integration with other business teams
• Solid experience in lending and credit operations in the SME market
• Experience of working on deal mandate size in excess of £250k+
• Understanding of asset finance, SME loans and ABL / IF markets
• Good knowledge of key risk classes
• Ability to forge mutually beneficial relationships with business unit managers
• Excellent communication skills in all forms
• Problem-solving aptitude
• Excellent organisational and time management skills
• Ability to work under pressure
• Self-motivated

Contact Julie for more information: 01279713900