New Leaf Search Job Reference:: CCV/J2024
Job Title:: J2024 - Underwriter, Commercial Vehicle Finance - UK, SE Eng / S Eng (Flexible) - Asset Finance
Location:: S Eng
Salary:: 55,000 - 60,000 plus excellent bonus and benefits
Salary: £55,000 - £60,000 plus excellent bonus and benefits
Location: UK, SE Eng / S Eng (Flexible)
Bonuses: Excellent
Benefits: Excellent
Job Function:  Sales & Marketing
Vacancy Type:  Permanent
Asset Type / Sector: Transportation, General Assets,
Job Description : J2024 - Our client is seeking a Commercial Vehicle Finance Underwriter - UK, SE Eng / S Eng (Flexible), to support their underwriting process and ensure the integrity and quality of new business proposals and the portfolio. You will have an underwriting authority as approved by the Board subject to the satisfactory completion of the probationary period.


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.
Make valid commercial judgements in relation to risks arising from a new business proposal.
Complete objective, sound and balanced written underwriting proposals covering the risk and mitigant aspects of a transaction in accordance with company processes and practise.
Arranging and attending meetings at the office and at broker/customer sites.
Presenting underwriting proposals to other underwriters or to the credit committee.
As applicable, approving proposals under their own authority.
Accurately communicating approval conditions to the sales teams and other relevant staff.
Completion of Annual Credit Reviews on existing high balance exposures.


At least 5 years proven experience of underwriting transactions in a vendor or direct asset finance lending environment and having held a personal lending mandate.
Specific focus on the underwriting of wheeled assets such as LCV’s, HGV’s, trailers and refuge collection vehicles.
Educated to at least “A” level standard with one pass in either English or Maths
Knowledge of Data Protection, Anti Money Laundering, Consumer Credit Act, Companies Acts and related legislation.
Experience of discussing accounting information on a face to face basis with customers to obtain additional information.
Understanding of the concept of Risk and participate actively in reviewing all aspects of the Company’s portfolio from time to time.
Proven ability to interpret financial statements and produce a clear written analysis including understanding a customer’s cash flow.
Excellent analytical and numeracy skills.

We strongly favour applicants with proven relevant experience in Financial Services; particularly in Commercial Vehicle Finance and Leasing.

Contact:: Jane Theobald
Phone:: +44 (0) 203 740 7222