United Trust Bank Asset Finance has expanded its credit, operations and payout teams with four new appointments as it seeks to improve speed and service to brokers.
The hires include two new underwriters. Umar Butt has joined UTB from Groupe BPCE where he was team leader in flow underwriting. Umar is an experienced underwriter with 10 years in the financial services industry working in SME and consumer sectors and has extensive experience of underwriting across the agricultural, transport, industrial and construction verticals.
Another joiner from BPCE is Tharun Rajagi. Tharun was previously a risk manager at Groupe BPCE and has joined UTB’s flow team as an underwriter with special interest in developing the Bank’s high value car finance offering.
Grant Watkins is a risk and compliance consultant with over three years’ experience in financial crime prevention specialising in AML investigations, KYC reviews, and quality control. Grant has joined the asset finance KYC team having previously worked with FDM Group and KPMG.
Jessica Womack rounded off a hat trick of hires from BPCE, joining the payouts team, bringing previous experience from HTB and Renaissance Asset Finance.
Nathan Mollett, head of asset finance at United Trust Bank, said: “We said we’d be growing the team this year and we meant it. Whilst technology continues to transform the way we all do business, it’s still the people delivering the service who make the biggest difference. We have continued to invest in recruiting experienced and dedicated people across all disciplines.
“Umar, Tharun, Grant and Jessica bring lots of experience to the team and are making an immediate impact as business volumes increase. They bring enthusiasm, specialist knowledge and a commitment to providing excellent service to our broker partners, helping us to develop and deliver the best experience for brokers and customers.”


