Vehicle Stocking Underwriter (inc maternity cover for Portfolio Manager)

The role is a new role given HTB entering the Vehicle Stocking Market. The product is in its infancy but has aggressive targets and will be a core product for the Asset Finance Business. This is a role with the opportunity and autonomy to help build and shape a market leading Vehicle Stocking underwriting and portfolio management function. The scope is to work as a member of the underwriting team also supporting higher value deals, and Receivables transactions where needed.

This position will have responsibility for the end-to-end underwriting process; including representing the function at Credit Committees, when applicable, with the ability to influence lending decisions, and the in-life management of the Dealers from a risk perspective (including the review of Audits and mid-life reviews of the dealers). The breadth of the role also entails preparing management information / reports for senior management.,

• Clear, concise, timely and accurate underwriting decisions within a higher level delegated authority and recommendations to senior management and Transactional Credit Committee where outside of personal mandate


• Prepare comprehensive financial analysis identifying all material financial and other risks and opportunities in order to arrive at a balanced and informed recommendation


• Fundamental knowledge of accountancy and financial analysis of SME's and corporates


• Undertakes all appropriate diligence in respect of transactions, including reference to relevant bureaus, referencing agencies & other external sources ensuring alignment to the Bank's risk policies, Undertaking annual (and interim) customer reviews in conjunction with the Business Development and Sales Managers


• Preparing review memoranda for approval by the appropriate sanctioning authority


• Maintaining the annual/interim review diary and ensuring all reviews are undertaken in a timely manner


• Monitoring upcoming loan expiries to ensure on track for repayment or renewal in line with expected timeframes and reviewing extension/renewal requests where appropriate


• Reviewing conditions subsequent/milestones and approving satisfaction with them based on evidence provided
  
  Asset Finance experience


• Underwriting experience of middle ticket size transactions and specific industry experience in Vehicle Stocking


• Experience of problem debt management


• Extensive experience in a relevant role within Credit / Risk Management


• The willingness, aptitude and gravitas to be a key member of a growing business


• Fundamental knowledge of accountancy and financial analysis of SME's and corporates


• From a credit perspective, lending experience of SME and corporate clients


• Understanding of regulatory governance and ensuring compliance with lending and credit policies (including management of large exposures / concentration risk)
  
  Hampshire Trust Bank is a specialist bank, staffed by experts focused on helping UK businesses realise their ambitions. Our dedicated Asset Finance, Development Finance, Wholesale Finance and Specialist Mortgages divisions ensure that businesses receive the outstanding service, lasting relationships, integrity and expertise they need to prosper.


We also provide savings accounts to individuals and businesses and since we lend only to businesses, our savers can be sure their money will be used to boost the British economy.

The bank is authorised by the Prudential Regulation Authority and regulated by the Prudential Regulation Authority and the Financial Conduct Authority., All members of the HTB team are expected to demonstrate values and behaviour that underpin everything that we believe in


• We listen to our customers


• We value customer relationships over transactions


• We strive to deliver what customers want, when they want it, how they want it


• We prioritise customer outcomes over corporate expediency


We deliver

• We approach everything we do with discipline and set high standards


• We do more with less and embrace change


• We are fanatical about financial rigour and risk discipline


• We execute consistently with speed and accuracy


• We constantly strive to improve


Integrity without compromise

• We always aim to do the right thing - we don't duck hard choices


• When we make a mistake we own up and fix it


• We are open and honest in all our communication


• We treat innovation and fresh thinking as an opportunity not a threat


People Power

• We are a meritocracy


• We empower people and make them accountable


• We encourage our people to learn and grow


• We challenge each other honestly & constructively


• We work as a team


• We know diversity makes us stronger


• We celebrate success