Job Reference:: CA06GA003 Job Title:: Underwriter - Business Finance Location:: London Salary:: GBP: 30000 - GBP: 40000 Per Annum + Excellent Benefits Description Underwriter - Business Finance
Up to GBP: 40,000 + Excellent Benefits
A growing funder my client is currently looking to recruit an Underwriter to their existing team. The business operates in a number of markets spanning both consumer and business lending. This particular role will focus on the sanctioning of business lending proposals hence requires a skilled individual with knowledge of analysing P&L, cashflow, company accounts etc.
- Underwrite new business proposals within the delegated authority providing a decision within 4 hours of receipt of the proposal.
- Gather all relevant information and submit together with a supporting recommendation for credit approval to Head of New Business /Director/Credit Committee level if over delegated authority.
- Assist the Head of New Business with regular reviews of regulatory and compliance requirements within the department.
- Assist the Head of New Business with complaint handling responsibilities within the department.
- Ensure that when underwriting the business achieves the right blend of rate, collateral and credit quality in each transaction.
- Visit customers as and when necessary
- Communicate underwriting decisions and quotation of terms as appropriate.
A background in a business lending environment is ESSENTIAL .