Credit Analyst – Asset Finance – Chester (Hybrid)

Asset Finance International Limited; Chester; On-site; GBP 40,000 - 60,000; Full time

Job summary

A reputable financial services firm in Chester is seeking an experienced credit analyst to assess new credit applications for hard assets, including manufacturing and agricultural equipment. The ideal candidate will have experience in manual underwriting and knowledge of various finance products. This role offers an excellent salary along with bonuses and benefits.

Benefits

Bonus

Benefits

Qualifications

• Experience in credit underwriting, preferably in hard asset finance.
• Strong understanding of various finance products including Hire Purchase and Finance Lease.
• Ability to assess asset values and market conditions.

Responsibilities

• Underwrite business propositions and undertake credit assessments.
• Maintain knowledge of product types and asset values.
• Demonstrate a proactive approach to supporting other functions.

Skills

Credit assessment

Underwriting experience

Knowledge of asset finance

Market awareness

Proactive approach

Job description

Our client is a well respected name in the UK asset finance sector.

They are looking to appoint an experienced credit analyst who will be responsible for assessing new credit applications for a range of hard assets to include manufacturing, construction, recycling and agricultural equipment.

Key responsibilities include:

• Underwrite business propositions and undertake credit assessments, ensuring company credit risk standards, procedures and authorities are met, that broader transaction risks are identified, evaluated and mitigated
• Maintain a good working knowledge of typical product types – e.g., Regulated and non-regulated Hire Purchase, Finance and Operating Lease, Stocking facilities, etc.
• Assess asset values and depreciation, with an awareness of market appetites and with reference to 3rd party valuers, internet comparisons, known sector guides – e.g., CAP – auction sites, dealers, and their own and others’ personal knowledge and experience.
• Verify broader group credit limits as appropriate and thereby ensuring correct use of mandated authority.
• Demonstrate a proactive and positive approach to supporting the Sales, Operations and Collections functions.
• Ensure credit queues are well managed and SLAs and KPIs met.
• Undertake site/customer visits, as required, along with trade shows, to ensure awareness of ongoing trends and developments within the various sectors the role supports.

We are looking for experienced credit underwriters, ideally from a hard asset finance background, and ideally with experience of manual underwriting, rather than scorecard assessment.

This is an excellent opportunity to join a dynamic and highly successful team.

Excellent salary plus bonus and benefits. New Leaf Search has partnered with a leading European financial services group in its…