Job Overview
Apply now Underwriter - Fleet Asset FinanceCJ2297 Northampton £45k - £55k base + company bonus and benefits The RoleReporting to the Senior Credit Manager, the Underwriter will support the underwriting process to ensure the integrity and quality of new business proposals and the company portfolio. The Underwriter will have an underwriting authority as approved by the board subject to the satisfactory completion of the probationary period. Duties and Responsibilities Will Include:Obtaining the information required to complete an underwriting proposal which will include dealing with the sales team, asset management and occasionally direct communication either face to face or by telephone with brokers or prospective customers. You will make valid commercial judgements in relation to risks arising from a new business proposal and complete objective, sound and balanced written underwriting proposals covering the risk and mitigant aspects of a transaction in accordance with company processes and practise. This will include presenting underwriting proposals to other underwriters or to the relevant credit committee - as well as, when applicable, approving proposals under your own authority About YouYou have proven experience of underwriting transactions in a vendor or direct asset finance lending environment and have held a personal lending mandate - this is essential - as is knowledge of legislation that affects this industry. Educated at least to A-level standard (or equivalent) you have good written and verbal communication skills as well as excellent analytical and numerical ability and are effective at building relationships both internally and externally. Specific experience of the underwriting of wheeled assets such as LCV's, HGV's, etc. would be highly beneficial. You are used to of discussing accounting information on a face to face basis with customers to obtain additional information and have a strong understanding of the concept of risk. In addition you have proven ability to interpret financial statements and produce a clear written analysis including understanding a customer's cash flow and have had experience of deal structuring and documentation including strengthening proposals by taking additional security. The CompanyIs a well-established commercial finance business making significant investment in developing its asset finance division by both shaping the products and building the teams necessary to win and retain new CV business. With both multiple locations and the creation of a nationwide team of sales professionals they are creating the capability to deliver on a highly ambitious business plan. (Underwriter, Underwriting, Asset Finance, Fleet Underwriter, Northampton, Northamptonshire, Job, Vacancy, secured lending)