- To evaluate, analyse, and approve credit proposals and revisions to underwrite structured finance deals and maintain the portfolio through a consistent level of credit risk assessment and ensure adherence to all policies and procedures.
- Provide commercially balanced recommendations to colleagues where new business applications are above the Senior Underwriter’s credit mandate
- Assist with the preparation of credit papers for submission to AL/Credit Committee
- To be able to process high volumes of new business proposals and promote a high level of service to RAF’s brokers, suppliers, and customers within strict time deadlines
- To assist the Head of Credit in the achievement of critical KPI’s for the Asset Finance sales support department
- To maintain an awareness of and compliance with legal processes and statutory requirements in new business with reference to the Consumer Credit Act, Data Protection Act and Anti Money Laundering Procedures and Fraud.
- The role will require attending virtual and in person meetings with key brokers at Sales request as well as ensure regular contact on proposal with brokers to help make the difference through with positive discussion and negotiation on potential transactions as required.
- Ensure that online training and regulatory reading is completed on time
- Risk: Delivery of lending decisions based on an overall consideration of risks and mitigants, with level of underwriting applied to each case being proportionate to the risk. Ensure low levels of arrears and losses whilst balancing the requirement to be seen as a flexible and balanced lender in the specialist sector
- Lending Policy: Ensure underwriting decisions are followed and adhered too
- Customer Centricity: Leading by example to ensure the customer is placed centrally in the conduct everything we do
- Quality: Ensure that all records have details to show the full rationale and thought process in deciding and that the administration is good.
- Compliance: Ensuring policies, limits, regulations, and laws are followed and online training and regulatory reading is done within their team, or elsewhere in the Bank
- Collaboration: Working effectively individually and as a team with the various functions of RAF and AL
Primary Internal :
- Head of Credit, RAF
- RAF Leadership team
- AL CRO & Senior Credit & Risk team members
- AL Compliance team
Primary External:
- Brokers, Vendors, Introducers & Customers
- Suppliers