Wholesale Credit Underwriter
Slough
45k plus 2x cars and great benefits
Job Purpose.
Reporting directly to the Corporate Credit Senior Manager, the wholesale Credit Underwriter is a key member of the team responsible for managing credit risk on new and existing customers with large exposures.
The role -
- Conducting credit reviews on new and existing customers,
- Spreading customer accounts and obtaining credit grades,
- Preparing written credit reviews for submission to credit approvers such as the Senior Credit Manager, Credit Director or Credit Committees.
- Reviewing credit application documents prepared by other credit managers and granting approvals within agreed mandates, or declining / requesting further information, as required.
- Ensuring that in-house Credit Underwriting Guidelines are followed in the preparation of credit reviews and the management of customers and their data.
- Ensuring all relevant documentation is retained, and customer files are "audit ready" at all times,
- Monitoring customers and responding appropriately to credit alerts.
- Participation in department planning and risk meetings,
- Ensuring timely compliance with the Corporate Credit Department’s objectives and deadlines,
- Liaising with the Dealer Finance and Sales Support departments on reviews in progress and administrative issues.
PERSON SPECIFICATION:
- Strong oral and written communication skills are essential together with proven analytical and decision making skills.
- Self-motivated, energetic and innovative.
- Willingness to work towards achieving goals in a changing and challenging environment.
KNOWLEDGE, EXPERIENCE, QUALIFICATIONS:
- Able to interpret financial statements, write credit reviews, and make recommendations about credit limits and security.
- Three or more years in a corporate credit evaluation role, with a personal mandate to approve credit limits.
- Experience in a unit stocking environment would be an advantage.