Underwriter

M2 Professional Recruitment Services Ltd; United Kingdom; Hybrid; GBP 50,000 - 70,000; Full time

Job summary

M2 Professional Recruitment Services Ltd is seeking an experienced commercial finance professional for a credit role within an Invoice Finance provider. The role is hybrid, requiring presence in the office around 1-2 days per week.

You will assess and underwrite proposals, analyse financial statements and credit reports, and conduct detailed risk assessments of clients and debtors. The successful candidate will have a forensic, analytical approach and a track record in invoice finance risk and

Qualifications

• Analytical mindset and forensic approach to credit risk.
• Proven ability to assess financial statements, management accounts and credit reports.
• Strong commercial awareness and knowledge of external market to adapt risk appetite.

Responsibilities

• Assess and underwrite new invoice finance proposals up to your delegated authority level.
• Assess and approve proposals for existing clients up to your delegated authority level.
• Analyse financial statements, management accounts, debtor books, and credit reports.
• Conduct detailed risk assessments of clients and their customers (debtors).
• Liaise with the business development team to shape deal structure and mitigate risks.
• Maintain familiarity with fraud prevention techniques and systems.
• Help shape and refine credit strategy, policy and automation.

Skills

Analytical mindset

Forensic approach

Credit risk assessment

Communication skills

Attention to detail

Work under pressure

Risk awareness

Job description

An opportunity has arisen for an experienced commercial finance professional to join a successful and established Invoice Finance provider in a new credit role.

The role will be hybrid in nature with the requirement to be in the office circa 1-2 days per week.

Main Duties, Responsibilities and Skills:

• Assess and underwrite new invoice finance proposals up to your delegated authority level
• Assess and approve proposals for existing clients up to your delegated authority level
• Analyse financial statements, management accounts, debtor books, and credit reports
• Conduct detailed risk assessments of clientsand their customers(debtors)
• Liaise with the business development team to shape deal structure and mitigate risks
• Make recommendations for deals outside of authorityto higher mandate holders
• Identify early warningsigns in existingclients being reviewed
• Good commercial awareness and knowledge of external market to adapt risk appetite accordingly
• Ensure compliance with internal policies, regulatory guidelines, and AML procedures
• Participate in process improvements where required
• Maintain familiarity with the latest fraud preventiontechniques and systems
• Help shape and refine credit strategy, policy and automation
• Strong analytical skills with a strongattention to detail
• Ability to assess financial information and make judgement on ability of a prospect/client to repay credit facilities
• Excellent verbal and written communication skills
• Ability to work underpressure to tight deadlines
• Ability to balance risk appetite with business growth objectives
• Build and maintaina good work relationship with the sales and ops team alike
• Work within company Credit Policy, ensuring consistent and robust decisions are made. Recommend any changes to policy for future improvements.
• Ensure that appropriate level of information is recorded regarding credit decisions for audit purposes
• Provide support and guidance to colleagues and other businessareas across the group

The successful candidate will be an analytical minded finance professional with a forensic approach to their work. They will be able to display a track record of success in a similar role within Invoice Finance/ABL credit and risk.

You will be rewarded with an excellent basic salary and benefits package.