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Bridging Finance Underwriter

Rico Property Finance Ltd (T/A D&R Recruitment)
Posted 9 hours ago, valid for 14 days
Location

London, Greater London SW1A2DX, England

Salary

£40,000 - £50,000 per annum

Contract type

Full Time

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Sonic Summary

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  • Bridging Finance is seeking an experienced Bridging Underwriter in London with a salary of up to £60,000.
  • The role involves processing bridging finance applications and collaborating with the Underwriting team to ensure compliance with lending policies.
  • Candidates should possess the ability to approve or reject loans based on criteria and borrower repayment capabilities.
  • The position requires effective communication with brokers, applicants, and other stakeholders while maintaining a high level of customer service.
  • Applicants should have relevant experience in underwriting, and the company is available for interviews immediately.

Bridging Finance Underwriter

London

Up to 60,000

We have a wonderful Lender based in London who is looking for an experienced Bridging Underwriter.

You will be responsible for processing bridging finance applications. The Underwriter must work together with the other members of the Underwriting team to ensure that loans are processed in accordance with the underwriting manual and lending policy. The Underwriter must use their skill and experience to approve those loans which are deemed acceptable and reject any which do not meet the criteria or where the Underwriter does not believe the borrower will be able to repay.

Key Responsibilities:

Manage a pipeline of bridging cases and prioritise accordingly

Underwrite bridging loan applications within company lending criteria by making quality lending decisions

Be vigilant when working on cases and refer where necessary to the appropriate person

Maintain a high level of communication at all times with interested parties including brokers, applicants, surveyors and solicitors

Maintain a high level of customer service with those internally and externally

Work closely with other departments within the company including sales, compliance, finance and collections

Think outside the box and be proactive when suggesting ways to overcome potential problems, whilst ensuring that there is no additional risk to the company

Maintain oversight of a loan post completion and follow up on any offer conditions prior to handing the loan to collections

Keep up to date with current best practice and regulatory requirements

Keep all records up to date

Represent the company at events as required

The role offers a competitive basic salary and comprehensive benefits. Available for interview immediately.

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