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Bridging Underwriter

Bridging Underwriter

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Posted 19 hours ago, valid for 22 days

Manchester, Greater Manchester M28 2, England

£35,000 - £42,000 per annum

Full Time

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Sonic Summary

The role is for an Underwriter at an independent specialist finance provider offering residential and commercial bridging loans.
Candidates should have several years of experience in bridging underwriting and be proficient in evaluating legal documentation and valuation reports.
The position offers a hybrid work model with three days at home and includes a basic salary plus commission.
Responsibilities include managing a personal pipeline of loans, conducting KYC and AML checks, and assessing loan applications in line with credit risk policy.
Strong knowledge of fraud detection and effective communication with brokers and stakeholders is essential for this role.

Hybrid work - 3 days home
Basic salary plus commission
Growing business

Our client is a independent specialist finance provider offering a wide range of flexible residential and commercial bridging loans. Due to strong growth, they are currently seeking a highly organised and detail-oriented individual to join their vibrant team as an Underwriter. In this role, you will work closely with Lending Managers to provide them with accurate information and support in underwriting and management of deals with brokers and clients. You will be required to support the underwriting process by ensuring high-quality loan applications and suitable volumes of new underwriting cases efficiently to a high standard. Some of the main responsibilities :

Management of personal pipeline of loans for underwriting, within SLA's
Assess and review detailed legal documentation & valuation reports
KYC, AML and all other vital loan/borrower checks
Undertake key checks, such as land registry or credit checks where required
Presentations to Line Manager in respect of property loans for funding
Assessment & underwriting of loan applications in line with credit risk policy
Active assessments of all risks across the full end to end of the property cycle
Actively identify any fraud cases and protect the business at all times
Ongoing point of contact for brokers and internal team
Communicate with external stakeholders to the loan funding process
Update the company CRM where required
Any other duties delegated by your line manager.

A successful candidate will have a number of years’ experience in the residential and/or commercial bridging underwriting space, Be proficient in evaluating legal documentation and valuation reports. Have strong knowledge of KYC, AML, and other loan-related checks along with a sound understanding of credit risk policies and principles. A background in Bridging underwriting is essential.

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