Senior Underwriter - Development Finance / Bridging Loans - London, United Kingdom,


Senior Underwriter- Development Finance / Bridging Finance / Short term Finance, West London.

Salary circa £50k-£55k % Bonus + Benefits.

My Client are an established and Successful Lender with a successful track record of providing lending services in the UK. They have been established for over a decade and they pride themselves on their Customer values, competitively priced products and market knowledge, which has earned them their reputation in the industry.

Due to successful growth the company are looking to recruit an experienced Underwriter to join the existing team.

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.

In return my client is offering an attractive salary of £55k-£60k + 15% Bonus and Benefits.

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 judgement

  • 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 2 years underwriting to include holding a lending mandate, ideally 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

If interested Please apply without delay