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Underwriter
Job Posted: 3 hours ago
Salary: £ 40,000 - 60,000 / Annum
Job Type: Permanent
Location: M1, Manchester, Greater Manchester
Expire in: a month
Job Description
Northreach is a dynamic recruitment agency that connects businesses with top talent in financial services, fintech, and digital sectors. We specialise in providing a seamless recruitment experience for clients and candidates, fostering innovation and professional growth.
The Opportunity
We’re working with a growing, non-bank lender that provides asset finance, invoice finance, commercial loans and vehicle finance to UK SMEs. As they expand, they're looking for a skilled Asset Finance Underwriter to join their team and play a pivotal role in assessing, structuring, and approving asset-backed finance applications — enabling businesses to acquire the equipment and assets they need to grow.
What You’ll Do
You’ll manage a portfolio of asset-finance applications, reviewing proposals for the purchase or leasing of ‘hard’ (machinery, equipment) and ‘soft’ (furniture, fixtures) assets — ensuring compliance with credit policy and delivering sound, commercial underwriting decisions. Key responsibilities include:
* Assessing credit applications and analysing the financial viability and creditworthiness of SMEs.
* Reviewing asset valuations, lease terms or hire-purchase agreements, and security documentation.
* Preparing credit proposals / decision papers for approval or decline.
* Managing deal structuring in line with underwriting policy, including risk assessments, covenants, and security.
* Liaising with brokers, vendors, and internal stakeholders (sales, credit, legal) to progress deals.
* Ensuring compliance with regulation, internal policy, and record-keeping standards.
* Contributing to continuous improvement of underwriting frameworks and risk-management processes.
What You’ll Bring
* Experience in underwriting or credit assessment - ideally in asset finance, equipment leasing, hire-purchase, or similar secured lending.
* Strong analytical skills and the ability to assess credit risk, cash-flow, and asset security.
* Experience reviewing or valuing assets (machinery, vehicles, equipment) or familiarity with lease/HP underwriting.
* Excellent stakeholder and communication skills - able to work with brokers, vendors and internal teams.
* Detail-oriented mindset, with a strong sense of governance, compliance, and risk.
* Ability to manage a varied caseload and make timely, well-justified credit decisions.
Why Join?
You will be part of a specialist, growth-focused lender with a diversified product offering, committed to supporting UK SMEs. You'll have the opportunity to influence underwriting standards, support business growth with meaningful credit decisions, and develop your career in a dynamic, entrepreneurial environmentBefore You Apply
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Looking for your next career move? Join a top company hiring Underwriter job near me in M1, Manchester, Greater Manchester! This is your chance to work on exciting projects, grow professionally, and enjoy a rewarding career with competitive pay and excellent benefits. Whether you're an experienced professional or looking to take the next step, this role offers the perfect opportunity to enhance your skills and make an impact. Don’t miss out—apply today via Vita CV and take your career to the next level!
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