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Senior Bridging Underwriter

Jems Recruitment Ltd
Posted 4 days ago, valid for 23 days
Location

Stevenage, Hertfordshire SG1 2AX, England

Contract type

Full Time

Health Insurance

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 organization is seeking a Senior Bridging Underwriter to join their growing team during a pivotal phase of expansion.
  • Candidates should possess extensive experience in underwriting within bridging finance, with a focus on risk mitigation and compliance.
  • The role offers a salary of £60,000 to £70,000 and requires a strong understanding of regulatory environments and Consumer Duty principles.
  • Benefits include private health insurance, pension, 24 days of annual leave, and opportunities for career growth and mentorship.
  • This position allows for autonomy in managing a pipeline of cases while collaborating with team members to make sound lending decisions.
Are you looking to take on a pivotal role within an organisation during their next phase of growth? Due to our client’s ongoing success, we are seeking a highly skilled and experienced Senior Bridging Underwriter to join a dynamic team.  Benefits include:
  • Private health insurance, pension, death in service, 24 days annual leave, Fridays working from home
  • Excellent career growth potential
  • Senior level role, with ability to improve processes and mentor junior team members
  • Autonomy to manage a pipeline of cases and make lending decisions
This is a fantastic opportunity as a senior member of the underwriting team to manage complex bridging and development finance applications. You will use your expertise to make sound lending decisions, ensuring all loans are processed in accordance with lending policy. You will collaborate closely with other team members, approving viable loans and mitigating risk for the business.  Key Responsibilities:
  • Effectively managing a pipeline of bridging cases, prioritising tasks to ensure timely processing
  • Underwriting bridging loan applications within company lending criteria, making quality lending decisions with a focus on risk mitigation
  • Completing due diligence, maintaining vigilance throughout the underwriting process and escalating complex cases when needed
  • Liaising with a range of third parties and stakeholders across a variety of teams
  • Working within best practice and to regulatory requirements, including Consumer Duty principles
  • Monitoring loan progress post-completion, ensuring offer conditions are met
  • Maintaining and updating accurate records
  • Training and mentoring junior members of the underwriting team
  • Attending industry events when required
  • Participating in and leading training sessions with external partners
  • Proactively suggesting and implementing process improvements
Skills Required:
  • Extensive experience in underwriting within bridging finance
  • Strong understanding of compliance aspects, including the regulatory environment and Consumer Duty principles
  • Ability to adopt a commercial approach to underwriting, along with meticulous attention to detail
  • Excellent interpersonal and communication skills; strong team player
  • Exceptional organisational and prioritisation abilities
  • Proactive and self-motivated
If you already have a background in regulated bridging underwriting, possibly with some knowledge of development finance, but are keen to be a pivotal member of a growing department, this is the career move for you! You will be able to bring your experience and ideas to the company, whilst having the security of working within a well-established and supportive team environment – it’s the best of both worlds! In addition to this, you will be a key person in helping to develop and mentor more junior members of the team.  If you are looking to join a company at an exciting time in their journey, call us or apply today!

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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.