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Underwriter (Bridging Finance)

Montpellier Resourcing
Posted 22 days ago, valid for 5 days
Location

London, Greater London EC1R 0WX

Salary

£45,000 - £54,000 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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  • A Property Lending company in London is seeking an experienced lending Underwriter with a salary of up to £60,000 plus excellent bonus and benefits.
  • The ideal candidate must have previous experience in bridging underwriting and be willing to work five days a week in the office.
  • Key responsibilities include analyzing financial documents, managing loan pipelines, and underwriting loan applications while adhering to credit risk policies.
  • Strong attention to detail, excellent communication skills, and proficiency in MS Excel are essential for this role.
  • This position also involves building relationships with brokers and borrowers while delivering management information and identifying new lending opportunities.

Up to £60,000 plus excellent bonus and benefits

Due to exciting growth and expansion, a fantastic opportunity has arisen for an experienced lending Underwriter to join a specialist Property Lending company in London. Specializing in bridging finance, you will be working closely with clients, brokers and internal teams to streamline the underwriting process. Candidates must have underwriting experience within bridging lending and must be happy to work 5 days in the office.

Duties of the Underwriter (Bridging Finance) to include:

  • Responsible for conducting comprehensive analyses of financial documents, credit histories, and property appraisals to make informed lending decisions.
  • Manage personal loan pipeline, adhering to SLAs, conducting KYC, AML, and due diligence checks.
  • Review legal documents, valuation reports, and perform key checks (land registry, credit).
  • Underwrite loan applications following credit risk policy, assess risks across the property cycle, and support decisions on loan values and terms.
  • Present loan funding proposals to Line Manager and assist senior underwriters with complex cases.
  • Ensure fraud prevention, support the loan offer process, and execute transactions within agreed timelines
  • Build and manage a network of brokers and borrowers, providing ongoing contact and exceptional customer service.
  • Communicate with external stakeholders during the loan funding process and mentor junior underwriters.
  • Deliver MI to management, update CRM (Hubspot), and identify new lending opportunities to meet personal targets.
  • Attend meetings, share best practices, and act as a company ambassador.

Requirements for the successful Underwriter (Bridging Finance):

  • Previous experience working within Bridging Underwriting
  • Strong attention to detail with ability to identify and assess risks accurately and effectively.
  • Excellent communication abilities with strong written and verbal skills.
  • Strong MS Excel abilities
  • Excellent organisations skills and ability to prioritise and manage multiple tasks as part of a busy workload.

This vacancy is being advertised by Montpellier Resourcing Associates Limited. The services advertised by Montpellier Resourcing Associates Limited are those of an Employment Agency.

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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.