Credit Underwriter

At Close Brothers, we look to recruit individuals from all different backgrounds and encourage you to apply even if you don’t tick every box. We celebrate diversity, promote inclusivity, and are open to discussing flexible work options to help you balance your work and home life.

Join the Close Brothers Credit Risk team where you will prepare and approve credit papers for transactions up to £200k, with a view to underwriting good-quality, high-value business at an acceptable return whilst providing excellent customer service.

RESPONSIBILITIES

• Apply industry knowledge to the review of credit applications and contextualize the financial and trading performance of corporate/SME clients.
• Review and challenge the output of the internal scorecard applying expert judgment when necessary.
• Actively review current processes, recommend/implement amendments to improve efficiency and productivity where applicable.
• Undertake broker/client calls to facilitate an adequate and fair assessment of credit requests.
• Assist, when requested, with training/coaching of junior team members and non-credit staff.
• Support Close Brothers Premium Finance to remain compliant with all applicable regulations and FCA principles.
• Complete lessons learned and root cause analysis of risk events, partnering with Operational colleagues to ensure actions are taken to prevent recurrence.

WE WOULD LOVE TO HEAR FROM YOU IF YOU HAVE/ARE:

• Experience in commercial underwriting in a financial environment.
• Strong numerical and analytical skills.
• Understanding of the macroeconomic climate.
• Ability to engage with internal and external customers and build good working relationships.
• Ability to work under tight SLAs.

IT IS NOT ESSENTIAL BUT IT WOULD BE GREAT IF YOU HAVE/ARE:

• Experience in the insurance sector.
• Preparation of basic cash flow projections.
• General understanding of loan agreements and security types.
• Ability to work without supervision.

We are an inclusive organization and committed to ensuring our recruitment process is as accessible as possible to everyone. We will make adjustments for people who have a disability or long-term condition. If you need the job description or application form in an alternative format or would like to discuss the recruitment process with us, please email us or request a call back.

ABOUT US

At Close Brothers, we support employees to balance their work-life priorities and in this role, you will be able to enjoy a mixture of hybrid working.

Close Brothers is a leading UK merchant banking group providing lending, deposit-taking, wealth management services, and securities trading. At Close Brothers, we provide financial support and advice to small businesses and individuals in the UK. Our purpose is to help the people and businesses of Britain thrive over the long term.