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Bridging Underwriter

Stellar Select
Posted 11 hours ago, valid for 17 days
Location

London, Greater London SW1A2DX, England

Salary

£60,000 per annum

Contract type

Full Time

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Sonic Summary

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  • The Bridging Underwriter position is a hybrid role based in London, offering a salary of up to £60,000, with potential for more for experienced candidates.
  • Candidates are expected to have prior underwriting experience in bridging, short-term lending, or property finance.
  • The role involves assessing and underwriting loan applications, managing a high-volume case pipeline, and preparing high-quality Credit Papers.
  • Applicants should possess strong compliance knowledge, including MCOB and CCA, and have a pragmatic underwriting approach.
  • The company offers various benefits, including private medical insurance, a discretionary annual bonus, and 25 days of holiday plus bank and public holidays.

Job Title: Bridging Underwriter

Location: Hybrid 2 days a week in the London Office

Salary: Up to 60,000 (Open to higher for experienced candidates)

Hours: Monday to Friday 9 am to 5.30 pm

Benefits:

  • Cycle to work scheme
  • Private Medical Insurance
  • Discretionary annual bonus
  • Holiday buyback scheme
  • 25 days holiday plus bank and public holidays
  • Monthly team socials
  • Summer and Winter Company socials
  • Employee of the Month rewards
  • Fundraising events

About the position of Underwriter

An award-winning and fast-growing bridging finance company is looking for an experienced Underwriter to join their expanding team. Specialising in bridging and short-term lending, they have been recognised for outstanding service and shortlisted for multiple industry awards.
As they continue to grow, they are seeking a skilled Underwriter with experience in bridging, short-term lending, or property lending. This is an exciting opportunity to be part of a collaborative and dynamic business where teamwork is at the heart of success. If you thrive in a fast-paced environment and have strong analytical and decision-making skills, we'd love to hear from you.

Responsibilities for the role of Underwriter

  • Assess and underwrite bridging loan applications within lending criteria and funding guidelines.
  • Manage a high-volume case pipeline, prioritizing tasks to meet deadlines while ensuring excellent customer service.
  • Use commercial acumen to assess risks and propose appropriate mitigations, with support from senior leadership.
  • Prepare high-quality Credit Papers with clear recommendations for loan approvals.
  • Structure, price, and assess new enquiries, outlining key conditions for loan support.
  • Oversee cases from enquiry to completion, ensuring efficiency and accuracy.
  • Prepare and review loan documentation for third-party stakeholders.
  • Identify and mitigate risks, including fraud and money laundering.
  • Build strong relationships with brokers, valuers, solicitors, and internal teams.
  • Stay up to date with industry regulations and best practices.
  • Maintain accurate records and update internal systems as required.


Experience and skills required for the role of Underwriter

  • Underwriting experience in bridging, short-term lending, or property finance.
  • Strong knowledge of compliance, including MCOB, CCA, and responsible lending.
  • Understanding of fraud risks and preventative measures.
  • Pragmatic underwriting approach, ideally within a specialist lender.
  • Proactive, flexible, and able to work independently and as part of a team.
  • Ability to manage multiple time-sensitive tasks effectively.
  • Commercially aware with strong interpersonal and communication skills.
  • Adaptable to business needs with a hands-on approach.


For more information regarding the role of Underwriter please get in touch with us.

Stellar Select is acting as an employment agency and is a corporate member of the REC.

Due to a high volume of applications, we will only contact you if your application has been successful. We aim to contact all successful contacts within two business days.

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By applying, a CV-Library account will be created for you. CV-Library's Terms & Conditions and Privacy Policy will apply.