Underwriter

Job Reference: J-0312

Job Title: Underwriter

Job Location: Kegworth (Hybrid) 2 days in the office / 3 days remote

Salary: £24,000- £35,000

Days / Hours: Monday- Friday / 8:30- 17:30

Company Overview:

Our client is a bridging loan company specialising in providing short-term finance solutions to individuals and businesses. They pride themselves on their commitment to understanding clients' needs and delivering tailored financial solutions to help them achieve their goals. With a focus on efficiency, integrity, and customer satisfaction, they have established themselves as a trusted partner in the finance industry.

Position Overview:

• To assess & underwrite potential loans for the business and progress to completion in accordance with the Company’s underwriting criteria.
• Conduct all due diligence and underwriting, assessing all risks to ensure the business is comfortable lending on the security.
• Responsible for preparing detailed credit proposals for submission to the investment committee.
• To be the point of contact for all parties during the progress to completion.

Responsibilities:

• Carry out initial underwriting to obtain understanding of the case and respond to the initial enquiry within four hours.
• Accurately assess the risk attributed to all applications ensuring the loan is suitable and fit for purpose.
• Build and maintain proactive relationships with stakeholders, including brokers, solicitors and surveyors.
• Issuing AIP terms to borrowers and brokers in line with company Criteria
• Keeping all systems up to date, spreadsheets, whiteboards using Brightoffice.
• Ensuring enquiries are dealt with in a timely manner
• Keeping brokers and borrowers updated throughout the process until completion within the company policy of Collaboration Communication and Education.
• Trouble shooting issues quickly and efficiently with a resolution understood by all parties.
• Liaising with the rest of the team, discussing criteria and asking for a second opinion
• Arranging ID appointments for borrowers and vendors to ensure requirements are satisfied to meet company Criteria
• Carrying out all checklists including full application, survey, ID and case sign off using the Brightoffice system.
• Completing and sending out team referral for director’s approval.
• Manage a pipeline of cases in a fast-moving environment
• To adhere to the compny’s Culture Statement.
• Keep up with Industry news and track any allocated competitor lenders.

Qualifications:

• Attention to detail
• Experience in the specialist lending sector for minimum two years.
• Communicating via different portals
• Flexible within a team culture.
• Well organised and capable of prioritising.
• Excellent interpersonal skills.
• To be familiar with KYC/AML financial crime regulation
• Knowledge of the conveyancing and valuation processes.
• Proficient use of Excel spreadsheets, Microsoft Office and the in -house Brightoffice system.
• Ability to manage own workload embracing the need to adopt flexible working hours when necessary.