Senior Underwriter

Senior Underwriter Credit & Risk ~ Underwriter
Manchester - North West

The Role

The underwriter will play a critical role in assessing, structuring, and approving credit applications, ensuring that new and existing facilities are delivered within delegated authority limits and aligned with the Groups risk appetite. Working closely with Sales and Sales Support teams, the Underwriter will analyse financial information, evaluate credit risk, and make informed decisions that balance business growth with the protection of the loan book.

This role requires a confident decision-maker with strong commercial awareness, financial analysis skills, and the ability to deliver consistent, robust credit decisions. The successful candidate will take ownership of opportunities, proactively engaging with Introducers and Sales Managers to progress applications while maintaining high standards of service.

Key Responsibilities

Credit Assessment & Decision-Making

• Make credit decisions within delegated authority limits and agreed SLA, balancing speed of decision with prudent risk assessment.
• Work within the companys Credit Policy, ensuring consistent and robust decisions, and recommend policy improvements where appropriate.
• Assess financial information, including accounts and bank statements, to determine the applicants ability to repay.
• Provide credit analysis and recommendations to higher mandate holders for approvals beyond delegated limits.
• Ensure all credit decisions are documented appropriately for audit and compliance purposes.

Commercial Awareness & Risk Management

• Maintain awareness of external market conditions, competitor activity, and sector trends to adapt risk appetite and decision-making accordingly.
• Protect the integrity of the loan book while remaining approachable and commercially minded in dealings with sales and clients.
• Proactively contact Introducers and Sales Managers to progress opportunities, finding practical solutions where possible.

Skills, Experience, and Knowledge

Essential:

• Proven experience as an Underwriter in financial services, with delegated authority responsibility.
• Strong knowledge of credit assessment, financial analysis, and risk evaluation.
• Good commercial awareness and understanding of market and sector dynamics.
• Ability to make robust, consistent decisions within delegated limits and agreed SLA.
• Strong communication skills, able to explain credit decisions to Sales and senior stakeholders.
• Excellent organisational skills and attention to detail.

Desirable:

• Experience working with Introducers or brokers in a finance environment.
• Exposure to multiple lending products (e.g., Invoice Finance, Asset Finance, or Commercial Loans).
• Knowledge of credit policy development and process improvement

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