Credit Underwriter

at  Close Brothers Group

OVERALL SUMMARY

At Close Brothers we look to recruit individuals from all different backgrounds and encourage you to apply even if you don’t tick every box. We celebrate diversity, promote inclusivity and are open to discuss flexible work options to help you balance your work and home life.
Join the Close Brothers Asset Finance team where you will underwrite proposed loans for our customers within the Transport sector, adhering to the established service level agreement (SLA) and within the business’ risk appetite.
You will develop and maintain strong working relationships across the business, including the Sales, Operations and Collections teams.
Our ideal candidate will have relevant experience manually underwriting secured loans, ideally for hard assets. Any experience with Transport assets would be highly beneficial, but certainly not essential. You’ll be a strong communicator, with excellent credit skills and a track record of working to tight deadlines.

IT IS NOT ESSENTIAL BUT IT WOULD BE GREAT IF YOU:

• Have a Business Administration Degree or equivalent
• Have experience working within Asset Finance
• Have experience within the transport sector and/or transportation assets
  We are an inclusive organisation and committed to ensuring our recruitment process is as accessible as possible to everyone. We will make adjustments for people who have a disability or long-term condition. If you need the job description or application form in an alternative format or would like to discuss the recruitment process with us, please email us at recruit.ssc@closebrothers.com or request a call back.

ABOUT US

At Close Brothers we support employees to balance their work life priorities and in this role you will be able to enjoy a mixture of hybrid working.
Close Brothers is a leading UK merchant banking group providing lending, deposit taking, wealth management services and securities trading. At Close Brothers we provide financial support and advice to small businesses and individuals in the UK. Our purpose is to help the people and businesses of Britain thrive over the long term.
To find out more about Close Brothers, please visit our careers page: https://www.closebrothers.com/careers

• Assess the credit worthiness of new business propositions within delegated credit authority and to agreed SLA.
• Support the Credit Manager and Central Credit Team with deals outside your own mandate level.
• Assess asset values and obtaining valuations via internet, Glasses Guide, CAP, auction sites, dealers, and personal experience.
• Support with any issues raised by New Business regarding deals to pay out, invoices, acceptance conditions not being adhered to
• Support the Collections Teams with regards to Arrears and Forbearance.
• Work closely with the Sales team and provide constructive feedback to help ensure their proposals consistently meet the groups risk appetite.
• Assist the business with issues relating to Financial Crime enquiries.
• Attend customer visits where appropriate.
• Ensuring that all Governance and Compliance requirements are adhered to and all reporting and reviewing activities required by the Regulatory Bodies are carried out to the standards required.