Average Bridging Underwriter salary in City of London

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.

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 player in the bridging finance industry, providing fast and flexible solutions to clients across the UK, due to its continued growth, is looking to hire an experienced Head of Underwriting to lead its bridging finance division, on a hybrid basis. Head of Underwriting - The Role As the Head of Underwriting - Bridging, you will take ownership of the underwriting process for its bridging finance products, ensuring that every deal is assessed with precision and within our risk appetite. You will play a critical role in driving the strategy, developing and mentoring a high-performing team, and shaping the future direction of our underwriting processes. This is an exciting opportunity for a skilled underwriting leader with a passion for bridging finance to make a significant impact. Head of Underwriting Key Responsibilities: Lead and manage the underwriting team, ensuring consistent performance and adherence to company policies and procedures.Oversee the full lifecycle of underwriting for bridging loans, from initial assessment through to deal completion.Develop and implement underwriting strategies to improve efficiency, manage risk, and drive growth.Ensure compliance with all relevant regulations and industry standards.Collaborate with sales, credit, legal, and other departments to ensure smooth and effective deal closure.Provide leadership in evaluating complex cases and providing expert advice.Monitor and report on underwriting performance, including risk exposure and credit quality.Foster a culture of continuous improvement and professional development within the team. Head of Underwriting - Bridging - Experience Extensive experience in underwriting, ideally within the bridging or specialist finance sectors.Strong leadership and team management skills, with a proven ability to develop and motivate a team.In-depth understanding of the UK property market and bridging finance products.Exceptional decision-making and problem-solving abilities.Excellent communication and stakeholder management skills.Strong attention to detail and ability to work under pressure.Relevant qualifications (e.g., CeMAP, CII) would be advantageous. Why Join: Competitive salary and benefits package.HybridA dynamic and collaborative work environment.Opportunities for career growth and professional development.The chance to play a pivotal role in shaping the future of a rapidly growing company.