Senior ABL Underwriter

The Role and Responsibilities

• Underwriting IF, ABL and Collateralised Loans within the Credit function.
• Assessing, analysing and interpreting complicated financial information & undertaking affordability analysis based on various financial and non-financial information.
• Critically reviewing IF survey’ s/field exams, 3rd party.
• Asset Valuations (Inventory, Plant and Machinery and Property) and other Collateral information.
• Assist in structuring ABL facilities and combined.
• IF/Collateralised Loans - working with ABL Originators
• and ABL Portfolio Director.
• Identifying key Risks and Mitigants in a deal.
• Setting and modelling covenants to be be included in the Lending agreement.
• Preparing Credit Papers for submissions to Credit.
• Committee (primarily ABL/IF but also in conjunction with Asset Finance SME loans).
• Be open and approachable for appeal of your decisions and have the ability to see a deal when originally you may not have.
• Assist the wider Credit team in achieving SLA’s.
• Identify and implement Credit Policy improvements and developments.
• Manage manual underwriting projects, ensuring integration with other business teams.
• Any other request deemed reasonable from your line manager.

The Requirements

• 10+ years experience of lending and credit

operations, with direct ABL underwriting experience

• Experience of working on deal mandate size in
• excess of £250K+
• Understanding of Asset Finance, SME loans and ABL/IF markets.
• Good knowledge of key risk classes
• Strong understanding of the sectors / markets we
• deal in.
• Capable of working independently as well as part of
• a team.
• Ability to forge mutually beneficial relationships with business unit managers.
• Excellent communication skills in all forms.
• Problem-solving aptitude.
• Excellent organisational and time management skills.
• Computer literacy.
• Ability to work under pressure.
• Self-motivated.