Underwriter

Recruiter
Acorn Recruitment Ltd
Location
Newport, UK
Salary
Competitive
Posted
20 May 2019
Closes
08 Jun 2019
Ref
1143654900
Sector
Accountancy
Contract Type
Permanent
Hours
Full Time
The Client

Acorn is recruiting on behalf of our client, a market leader within their field based on the outskirts of Newport who is looking for an Underwriter to join their expanding team. You will be responsible for ensuring that all aspects of Credit Appetite and Policy are current and appropriate and are being adhered to. You will be responsible for assessing new proposals at both a transactional and supplier level and monitoring those existing in their portfolio to ensure that the business is taking onboard an acceptable level of risk.

Key responsibilities

* Conduct detailed Vendor Reviews and make recommendations for future relationship parameters
* Access portfolio information on Vendor / Sector / Equipment basis and make recommendations on Risk parameters going forward
* Manage Credit alerts for end users and Vendors
* Undertake ad hoc analysis to help shape Credit Appetite and Policy
* Assess new business proposals from a Credit Risk perspective as to whether they meet the business' Credit Risk appetite and fit within Credit Policy
* Document and decision deals within their personal credit underwriting mandate, with clear rationale so that a third party can understand the logic behind the decision
* Make recommendations with supporting substantiated rationale on deals outside of own personal credit underwriting mandate
* Communicate credit decisions and requirements in a clear and concise manner to other parts of the business
* Assist with the ongoing monitoring of the existing portfolio by periodic reviews of existing larger exposures as defined by Credit Policy
* Assist with the ongoing monitoring of the existing portfolio by reviews of existing larger Supplier/Vendor relationships as defined by Credit Policy
* Act as a point of contact for reviewing potential fraudulent proposals and where necessary liaise with other funders and CIFAS
* Assist with the communication of Credit processes and requirements throughout the business to help the understanding of Credit across the business
* Keep up to date with UK news to understand any implications this may have upon credit decisioning and risks to the business

Skills/Qualifications

* GCSE Maths and English grades A-C (or equivalent)
* Basic Microsoft Office experience but intermediate Excel skills including use of pivot tables
* Proven analytical skills with ability to document findings and make recommendations
* Demonstrable ability to think around a subject, considering risk implications of our current Policies and procedures

Benefits

* Competitive salary available.
* Monday to Friday working hours (35 hours a week).
* Free parking on site.
* Modern working environment.
* 33 days holiday (inclusive of bank holidays)
* An extra 2 days holiday after 5 years service
* Extra half day holiday for Christmas shopping
* Free tea/coffee/milk and fruit within the office
* Corporate paid events (drinks included) like the races and Christmas party
* Corporate rates at the Celtic Manor and Springs gym membership (£15 a month)
* Free flu shots
* Career development and progression opportunities

Apply today for immediate consideration.

Acorn Recruitment acts as an employment agency for permanent recruitment.
This job was originally posted as www.totaljobs.com/job/86220731

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