Bridging or Development Finance Underwriter

Posted 20 July by Search, Skills and Match Easy Apply

Senior Underwriter- Development Finance / Bridging Finance London.

Salary circa £55k -£65k Bonus + Benefits.

My Client are a successful Lender specialising in the Bridging and Development Finance industry. They are experiencing massive growth at present and looking to expand their lending operation.

Working as part of an established and successful team you will be responsible for underwriting approved development and bridging loan applications within company lending criteria and personal mandate.Ensuring that the principles of the ESIS or DIP are adhered to, in full, throughout the processing of the application.

As the company continues to grow there will be good career prospects along with a rewarding and friendly working environment.

Key Responsibilities

  • Successfully assess and underwrite loan applications in line within credit policy

  • Creation and maintenance of professional and open relationship with business providers

  • Identification of incomplete or contradictory information received and successful resolution of risk and/or issue

  • Recommends loans to the Underwriting Manager and Credit Team where they fall outside of the lending mandate held

  • Does so with clarity and good judgment

  • Participates in and contributes to departmental meetings including making suggestions to improve processes or (where applicable) amend policy

  • Demonstrates a full understanding of regulation as it affects loans and keeps abreast of potential/actual changes

  • Accurately assess the risk attributed to the application ensuring that the loan is both suitable and fit for purpose.

  • Identify any potential fraudulent activity and escalate any concerns to compliance.

Skills & Experience

  • Minimum 3 years underwriting to include holding a lending mandate in Bridging Loans or Development Finance.

  • Hands-on knowledge of loan processing systems.

  • Knowledge of regulation as it affects bridging loans and proven ability to implement those principles throughout the underwriting process.

  • Excellent communication skills.

  • Team Player

Interested? Please apply for an immediate interview,

Required skills

  • Development Financing

Reference: 35685863

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