Bridging Underwriter

INTEGRO PARTNERS LTD

Posted 11 hours ago, valid for 4 days

London, Greater London EC2V 7WS, England

Full Time

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Bridging Underwriter | Central London | Salary up to £60 - 65, 000paJoining an established bridging underwriting team you'll be responsible for assessing and underwriting complex bridging applications from brokers, direct applicants and intermediaries in line with lending policy and risk appetite. Experience Required:

You must have prior experience in underwriting in the short term lending sector.
You will have a good understanding of, and demonstrate an interest in bridging finance & the short-term lending market and general market conditions on a day-to-day basis.
Strong attention to detail.
Demonstrate a common sense approach to lending.
Have strong communication skills, both verbal and written and be able to provide clear rationale for decision making.

As a Bridging Underwriter you will be responsible for:

Assess and underwrite bridging loan applications in line with current lending policy.
Managing your own pipeline of cases from loan application to completion.
Assess and resolve risk-related issues with applications.
Assess full case documentation including credit reports and KYC documentation to ensure AML policy and lending policy are adhered to.
Review valuation reports and make an assessment as to suitability of the security property for short-term lending along with a full assessment of LTV with a rationale for the same.
Approve and reject applications in line with policy, referring to Compliance and/or Senior Leadership where appropriate.
Produce a high quality and articulate loan synopsis for each case, presenting a clear rationale for proceeding with the loan.
Communicate with all relevant parties throughout the loan application, building professional relationships with them.

What you'll get in return:

State of the art, modern office environment working with a close knit team.
Fitness facilities accessible onsite.
Annual team incentives including trips abroad.
Supportive leadership & opportunity to develop in a highly successful organisation.

We're looking for someone to join our client as a Bridging Underwriter as soon as possible, therefore please forward your CV for immediate consideration or contact me for a confidential chat to find out more.