Average Bridging Underwriter salary in City of London

Bridging Underwriter | Central London | Salary up to £60 - 70, 000paJoining an established bridging underwriting team you'll be responsible for assessing and underwriting complex bridging applications from brokers, direct applicants and intermediaries in line with lending policy and risk appetite. Experience Required: You must have prior experience in underwriting in the short term lending sector.You will have a good understanding of, and demonstrate an interest in bridging finance & the short-term lending market and general market conditions on a day-to-day basis.Strong attention to detail.Demonstrate a common sense approach to lending. Have strong communication skills, both verbal and written and be able to provide clear rationale for decision making. As a Bridging Underwriter you will be responsible for:  Assess and underwrite bridging loan applications in line with current lending policy.Managing your own pipeline of cases from loan application to completion.Assess and resolve risk-related issues with applications.Assess full case documentation including credit reports and KYC documentation to ensure AML policy and lending policy are adhered to.Review valuation reports and make an assessment as to suitability of the security property for short-term lending along with a full assessment of LTV with a rationale for the same.Approve and reject applications in line with policy, referring to Compliance and/or Senior Leadership where appropriate.Produce a high quality and articulate loan synopsis for each case, presenting a clear rationale for proceeding with the loan.Communicate with all relevant parties throughout the loan application, building professional relationships with them.  What you'll get in return: State of the art, modern office environment working with a close knit team. Fitness facilities accessible onsite. Annual team incentives including trips abroad.Supportive leadership & opportunity to develop in a highly successful organisation.  We're looking for someone to join our client as a Bridging Underwriter as soon as possible, therefore please forward your CV for immediate consideration or contact me for a confidential chat to find out more.

A leading and reputable Bridging Lender, offering short-term, is seeking a skilled and motivated Portfolio Manager to join its dynamic team. Hybrid - London. Up to £65,000, comprehensive benefits. Must have Bridging experience. As a Portfolio Manager in Bridging Finance, you will be responsible for managing a diverse portfolio of bridging loans, ensuring the effective assessment, monitoring, and management of loan performance. You will work closely with underwriters, loan administration teams, and senior management to provide solutions that meet the needs of our clients while maintaining a high standard of financial performance. Portfolio Manager Key Responsibilities: Manage a portfolio of bridging finance loans from origination to completion.Assess and monitor loan performance, identifying potential risks and recommending solutions.Develop and maintain strong relationships with clients, brokers, and stakeholders.Conduct regular reviews of loan portfolios, ensuring compliance with regulatory standards.Prepare reports on portfolio performance for senior management and stakeholders.Implement strategies for managing distressed loans, ensuring resolution and recovery.Collaborate with internal teams to ensure smooth loan servicing and operations.Provide advice and recommendations on new loan structures and investment opportunities. Portfolio Manager Skills & Experience: Proven experience in portfolio management, preferably within bridging finance.Strong understanding of lending processes, credit analysis, and risk management.Excellent communication and negotiation skills.Ability to work under pressure and manage multiple priorities effectively.Strong analytical and problem-solving abilities.A solid understanding of the UK property market is desirable.Knowledge of financial regulations related to bridging finance is an advantage.A professional qualification in finance (e.g., CFA, CII, or similar) is a plus. What’s on Offer: Competitive salary and benefits package.Opportunity to work with a dynamic and supportive team.Career development opportunities and training.A fast-paced, growing company with excellent prospects for career advancement.

Up to £65,000 plus excellent bonus and benefits Hybrid working available! Due to exciting growth and expansion, a fantastic opportunity has arisen for an experienced lending Underwriter to join a specialist Property Lending bank in London. Specializing in bridging finance, you will be responsible for responding to requests from brokers and applicants for regulated and unregulated transactions. This role will manage the underwriting and due diligence process from loan application to loan drawdown. For this position, you will have had experience with an individual mandate level, working within bridging finance. Duties of the Bridging Underwriter to include: Make lending decisions in accordance with Credit Risk Policy and individual mandate thresholds.Manage a pipeline of 35-45 Bridging applications, or a volume aligned with team standards, from application to credit approval and drawdown to meet departmental targets.Adhere strictly to internal underwriting policy and regulatory requirements, including FCA, PRA, Money Laundering, Prevention of Financial Crime, and Data Protection.Collaborate with Sales to progress cases from decision in principle to drawdown.Prepare detailed credit papers outlining all relevant conditions and present proposals to the Bridging Credit Committee.Review and finalize offer letters.Proactively ensure satisfaction of pre-commencement loan conditions and expedite cases to drawdown.Ensure accurate and comprehensive data entry into the Bank's electronic systems pre and post drawdown.Complete post-completion activities in accordance with Bank policies and processes. Requirements for the successful Bridging Underwriter: 2+ years experience working within Bridging UnderwritingDemonstrable ability to analyse, negotiate and structure potential bridging loans in accordance with credit policy, and presenting to Credit Committee when required.Has previously held a lending mandatePrevious experience working within both the regulated and unregulated market highly desirableExcellent communication and interpersonal skills, building relationships with stakeholders, intermediaries and professionals What’s in it for you: Private Medical Insurance26 days holidayHybrid Working offering you the ability to balance your work and home lifeExcellent career development opportunities and sponsorship of relevant qualificationsAnd MUCH MORE This vacancy is being advertised by Montpellier Resourcing Associates Limited. The services advertised by Montpellier Resourcing Associates Limited are those of an Employment Agency.