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Senior Credit Risk Underwriter

MERJE Ltd
Posted 21 hours ago, valid for 25 days
Location

London, Greater London EC1R 0WX

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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  • The position is for a Senior Credit Risk Underwriter specializing in Commercial Real Estate in London, offering a salary of up to £90K plus great benefits.
  • The role involves underwriting commercial real estate proposals, assessing new and existing facilities for policy adherence and risk evaluation.
  • Candidates should have extensive real estate market knowledge, strong analytical skills, and a proven track record in underwriting residential and commercial proposals.
  • Experience in managing recovery processes during market downturns and familiarity with legal documentation in real estate financing are essential.
  • Applicants must have relevant experience and be eligible to work in the UK without sponsorship.

Senior Credit Risk Underwriter- Commercial Real Estate

Up to £90K + great benefits

London (Hybrid)

My Client is on the search for a Senior Credit Risk Underwriter to work within the Credit Sanctioning department with responsibility for underwriting commercial real estate proposals. The role will include assessing both new proposals and existing facilities, assessing their adherence to policy and reviewing their merit against the strategy, the risks and mitigants.

Key Requirements:

  • Analytical and Risk Assessment Skills: Ability to assess risks, mitigants, and the appropriateness of security packages.
  • Strong Communication and Presentation Skills: Capable of presenting facility applications and responding to senior management queries
  • Proactive and Improvement-Oriented: Initiates enhancements in processes and procedures for operational efficiency
  • Extensive Real Estate Market Knowledge: Deep understanding of the property market across varying geographies
  • Underwriting Experience: Proven track record in underwriting both residential and commercial real estate proposals.
  • Knowledge of Security Documents: Familiarity with legal documentation in real estate financing to ensure adequate protection for the bank
  • Economic Impact Understanding: Ability to assess the impact of economic changes on real estate financing.
  • Work-Out Recovery Experience: Experience in underwriting during market downturns and managing recovery processes.
  • Experience with deal execution

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Applicants must be located and eligible to work in the UK without sponsorship. Please note, should feedback not be received within 28 days, unfortunately your application has been unsuccessful. In applying for this role, you may be registered on our database so we can contact you about suitable opportunities in future. Your data will be managed in accordance with our Privacy Policy, which can be found on our website. If you would like this job advertisement in an alternative format, please contact MERJE directly.

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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.