Let's talk recruitment

Reset

  • Senior Underwriter – ABL/Business Finance

    Salary: £55000 - £70000 per annum + excellent benefit package
    Opening Date: 03/07/2018
    Industry:
    Type:
    Location: , ,
    Reference: SU/RED/JR1

    Senior Underwriter – ABL/Business Finance

    Redhill

    We’re currently recruiting for 2 Senior ABL Underwriters to join a team within the Business Finance.

    We’re looking for experienced commercial lenders with experience Underwriting within; Invoice Discounting, Inventory, P&M, Property, Cash Flow and Senior Secured Debt Facilities.

    In this role you will provide underwriting/credit support and guidance in the structuring, approving and closing of new to Bank business.

    This is a great opportunity to join a growing bank within a varied role supporting across business finance products.

    Duties & Responsibilities

    *Analyse risk at an early stage and assess the suitability of a transaction Represent 1st Line underwriting at Group Credit Committee articulating the reasons for support and dealing with questions from Group Credit as appropriate.
    *Act as a risk “sounding board” for the Origination team and guide on the suitability and structure of new business opportunities as they arise.
    * Consider potential solutions to issues balancing risk and commercial judgement such that proposals are supported within the Bank’s stated Credit appetite
    *As appropriate, support originations in their on-going negotiations in order to secure acceptance of a mutually acceptable solution. This may require on-site visits throughout the UK
    *Work with Origination to finalise the Credit Committee application in a timely manner
    *Underwriting in accordance with approved mandates and mindful of Credit/Compliance Policy Guidelines
    *Support Regional Business Centres with the management of Portfolio clients through ad-hoc requests and collegiate Portfolio reviews.

    The Individual

    Educated to degree level or above

    Accountancy qualification a distinct advantage.

    Experience

    *A proven track record in risk management with experience in an ABL lending environment.
    *A comprehensive understanding of receivables financing and asset based lending products.
    *A commercial awareness with the ability to quickly identify specific key factors across a range of facilities and funding structures.
    *Experience of leading deal discussions with senior stakeholders Experience of participating in ad-hoc projects and balancing conflicts of time
    *Knowledge of underlying Compliance/Regulatory issues and applying bank-wide policies to all transactions/projects being worked on
    *Ability to negotiate ABL legal documentation
    *Solid understanding of ABL receivables survey and asset appraisals

    If interested in this role pleae email your CV to vicky@thcrecruitment.co.uk

Apply for this job

Job Title

Reference Number

Contact Name

Contact Email Address


Upload your CV


captcha

I understand that by ticking this box and submitting this form, I consent to THC Recruitment contacting me by email or phone in order to process my enquiry. THC Recruitment will not pass your details onto other companies or third parties.

Cookie & Privacy Policy


RECENT JOBS

  • Internal Sales – Car Finance

    Salary: £55000 - £70000 per annum + excellent benefit package
    Closing Date: 03/07/2018
    Industry: Asset Finance
    Type: Permanent
    Location: England

    Internal Sales – Finance

    Salary £25000-£30000 OTE £35-40k

    My client is seeking a highly motivated and sales oriented individual who has the ability to prioritise work …

    Reference: SU/RED/JR1
  • Admin Support/Procurement – Finance

    Salary: £55000 - £70000 per annum + excellent benefit package
    Closing Date: 03/07/2018
    Industry: Asset Finance
    Type: Permanent
    Location: England

    Admin Support/Procurement – Finance

    Competitive salary

    Our client is a specialist providor of contract hire/vehicle finance. The assistant will work in the vehicle purchasing team which …

    Reference: SU/RED/JR1
  • Lease Accountant

    Salary: £55000 - £70000 per annum + excellent benefit package
    Closing Date: 03/07/2018
    Industry: Asset Finance
    Type: Permanent
    Location: England

    Lease Accountant

    South West London – With regular travel to Birmingham

    My client is based in South West London, and are looking for an experienced Lease Accountant …

    Reference: SU/RED/JR1

We use cookies to ensure that we give you the best experience on our website.