Invoice Finance Underwriter

About Allica Bank

Allica is the UK’s fastest growing company - and the fastest-growing financial technology (Fintech) firm ever. Our purpose is to help established SMEs, one of the last major underserved opportunities in Fintech.

Established SMEs are the backbone of local communities - representing over a third of our economy - yet have been largely neglected both by traditional high street banks and modern fintech providers.

Role Description

As an Underwriter in the Invoice Finance team you will report to the Lead Credit Underwriter and form a key part of the Credit Risk Management Team at Kriya. You will work closely with BDMs to underwrite new business applications for invoice finance facilities received via a variety of channels, in line with the approved Credit Policy. You will also work closely with Account Managers to monitor and actively manage our existing portfolio of customers and ensure that we can deliver our target credit risk performance while supporting growth in our portfolio. You will have the opportunity to work on improving existing processes and implementing new ones to drive efficiency and ensure appropriate credit oversight.

Principal Accountabilities

- Assess and underwrite invoice finance applications within personal discretion, in line with credit appetite policy and underwriting policies, utilising appropriate credit data and analytical tools

- Produce clear, accurate and concise written documentation, making clear recommendations to the Credit team for invoice finance application requests falling outside of personal discretion or outside of credit policy, escalating cases where necessary to the appropriate Delegated Lending Authorities

- Manage and own the end to end application process, liaising effectively with the sales team, legal team in terms of required security instructions and payment operations team to ensure facilities are appropriately documented and secured before draw-down

- Liaise with the Credit team as req...