Grow with UTB

This is a hybrid role working 3 days in the office (City of London location) and 2 days working from home.

Role Purpose:

Supporting Senior Underwriter (Asset Finance) in analysing and structuring credit proposals, working within delegated mandate or recommending for approval, and maintaining regular contact with broker base to discuss/negotiate potential transactions.

Responsibilities:

New Business –

• Analyse, negotiate and structure proposals to be approved under own mandate or recommended to credit for approval for both Asset Finance.
• Spreading of financial accounts and applying/developing Bank’s internal rating models
• Manage sanctioned proposals to drawdown with the help of Credit and Administration Staff.
• Research industry sectors and specific collateral to support credit application process.
• Support Senior Underwriter in preparation of credit papers and reports

Brokers / Intermediaries –

• Maintain daily contact with Bank’s broker base and arrange internal/external meetings where necessary.
• Encourage flow of renewal business where appropriate.
• Maintain efficient and professional service, and good customer/banker Relationships.
• Assist where applicable in conducting broker reviews/approvals

Security Perfection & Maintenance –

• Close liaison with any professional advisers
• Monitoring adherence to loan offer terms
• Ensuring that any security valuations or inspection reports comply with the bank’s procedures and following up promptly any matters which do not meet the required standards
• General liaison with brokers/customers to resolve any issues outstanding and requiring attention

General Matters –

• Manage collection activities as required
• Assist with development and maintenance of the Asset Finance Lending Procedures
• Ensure compliance with FSA and internal policies and procedures
• Assist Senior Underwriter & Senior Manager to develop and enhance business within agreed credit policy

Skills and Experience sought:

• Good working knowledge and understanding of Asset Finance
• Strong financial analysist, credit assessment and underwriting skills for Hire Purchase and Finance Lease agreements
• Ability to work with figures and translate information into reports
• A good working knowledge of CRM and data systems, Word, Excel and Outlook
• An experienced individual within Asset Finance, used to being part of a team, who is also self-motivated and has a strong work ethic
• Ability to communicate accurately, both verbally and in writing
• A keen eye for detail and the ability to manipulate information databases
• Highly organised with excellent time management skills, with the ability to work under pressure to tight timescales whilst paying attention to detail

UTB is a dynamic and expanding specialist bank that provides solutions to our customers and brokers, which help them achieve their ambitions. Recognised as being one of the most dependable and well-respected Specialist Banks in the UK, we were delighted to see our balance sheet exceed the £2bn mark in 2022.

Exceptional customer service and the ability to provide rewarding deposits accounts and flexible lending solutions have helped us to develop productive and enduring relationships with our customers. We understand that their success is our success and that the quality of our people and teams, is key to delivering special outcomes for them.

We also understand that the performance of our people is directly linked to the culture in which they work. There is a strong sense of community at UTB and as well as promoting a clear set of internal values, and providing a wealth of facilities for training, personal development, and team building, we run a busy and varied calendar of engagement and social activity. Typical recent examples include: Pizza Lunch Days and Coffee Catch-ups; London Marathon and Sahara Challenge Sponsorships; Success Sharing and Value Awards; and Awesome Autumn social events ranging from Theatre Trips, Cocktail Mixology, and Cookery Classes, to Go-karting, Mini Golf and Clay pigeon shooting.

• competitive salary and discretionary bonus scheme
• matched pension contributions up to 7%
• 26 days annual leave plus two wellbeing days and opportunity to purchase additional holiday
• flexible and hybrid working
• private medical insurance via Vitality
• life, income protection and critical illness insurance
• enhanced family leave pay
• extensive learning and personal development opportunities
• electric car scheme and cycle to work scheme
• season ticket loan
• wellbeing support – discounted gym membership, employee assistance programme, 24/7 private GP access for staff and their immediate family  (online), 1:1 key life stage coaching

Thank you for your interest in our current vacancy. Please click the link below to complete your online application.

Click here to apply >