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Commercial Mortgage Underwriter

City & Capital
Posted 12 hours ago, valid for 5 days
Location

London, Greater London EC2V7NQ, England

Salary

£40,000 - £48,000 per annum

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Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • City & Capital is supporting a respected challenger bank seeking a Commercial Underwriter with experience in the commercial property finance sector.
  • The role offers a salary of up to £90k, depending on experience and performance, along with a discretionary bonus.
  • Candidates should have a background in fully analyzing commercial mortgage deals and experience working directly with brokers and borrowers.
  • The position requires a minimum of several years of relevant experience, ideally with a proven track record of success against objectives.
  • This is a hybrid role, requiring office attendance 2-3 days a week, and offers significant opportunities for career growth within the bank.

City & Capital are currently supporting a established & highly respected challenger bank who have operated with great success in the specialist mortgage market for many years. The bank have some very impressive objectives for the years ahead with a core focus on the growth of the specialist mortgages loan book.

We are delighted to be supporting the continued growth of their underwriting team with a view to identifying an ambitious, career focussed and forward thinking Commercial Underwriter who can join the team at a genuinely exciting time.

This is a role that comes with a lot of support and development to assist you in developing your technical underwriting skills. Coupled with this is our clients strong & proven promote from within policy which is renowned within the sector for allowing performing and ambitious team member to climb through the ranks quickly, based on success.

Our client supports arrange of specialist mortgage solutions including short-term lending, bridging, buy-to-let and HMO, as well as commercial and semi-commercial mortgages therefore the person joining the team will have experience of fully analysing new & existing commercial mortgagedeals.

This is a key appointment for the lender at an extremely busy time for the bank.

Within the role you report into the Head of Underwriting and you will work closely with the banks lending managers and external brokers to assess & support their deals from a credit management perspective. You will manage and maintain your own pipeline of loans for sanctioning and ensure activity is undertaken to allow loans to be funded in line with the banks SLA’s.

Due to the nature of the role the ideal individual will have commercial mortgages experience where you have actively worked on cases for potential borrowers with a view to packaging up these deals for funding and/or assessing their viability for funding.

Confidence working in a fast paced and dynamic environment will be key. This role is not a tick box exercise, thus experience in the commercial property finance sector is critical to be qualified for this position.

Commercial Underwriter Required Experience:

  • Previous experience working within the commercial property finance sector

  • May have longstanding/senior case management experience in the commercial real estate sector

  • Demonstrable success against objectives in previous roles key
  • Experience in dealing with brokers and borrowers directly is sought after

Ideal Personal Attributes:

  • Highly analytical & numerical with a strong attention to detail
  • Happy working in a dynamic and fast paced environment
  • Confident diary manager and results orientated against set deadlines
  • Ambitious and keen to drive career forward within
  • Equally confident working alone or as part of a team

The salary on offer is up to c£90k, which will be relevant to experience and performance at interview, as you would expect plus discretionary bonus as a % of your salary and based on company & personal performance.

Most notably, due to the planned growth as well as the progressive and forward thinking culture of the bank, there is a genuine opportunity for you to propel your own earnings and career standing quickly within, once excellent performance has been delivered.

This is a hybrid role and would require you to be in the office in the city - 2/3 days a week.

There is a reasonable amount of urgency to fill this position as you might expect for the reasons outlined. Therefore if this role does sound like one that you are both qualified for and interested in then we look forward to your application.

We will aim to review your application as quickly as possible and where it is deemed that your experience does meet the requirements of the brief, we will be in contact for an initial chat to share more with you on the client and role and to understand better your expectations & circumstances.We look forward to hearing from you.

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.