Underwriter Bridging Finance

1 week ago


London, Greater London, United Kingdom United Trust Bank Full time

Role Purpose:

  • To proactively respond to requests for bridging finance from brokers/applicants for regulated and nonregulated transactions

Responsibilities:

  • Make lending decisions in line with Credit Risk Policy and individual mandate level
  • Adhere to internal underwriting policy and regulatory requirements
  • FCA, PRA, Money Laundering, Prevention of Financial Crime, Data Protection, etc.
  • Work with Internal Sales to progress cases from DIP to drawdown
  • Preparing a detailed Credit Paper with all appropriate conditions and presenting the proposition to Credit Committee
  • Instructing valuers and solicitors
  • Following sanction from the relevant mandate holders, preparing/reviewing the offer letter and accompanying documents and being proactive in ensuring that all loan conditions have been met and the case moves efficiently to drawdown
  • Ensuring that information concerning each loan is accurately and comprehensively entered in to the Bank's electronic systems, both prior to and upon drawdown
  • The hand over to the Servicing teams Loan Administrators, a complete file with all post completion activities completed in accordance with the Bank's Policy and Process

Skills and Experience sought:

Essential Experience

  • Previous bridging, underwriting or lending experience within the property environment
  • Strong understanding of the regulatory environment
  • Liaising with Introducers and/or external customers
  • Highly motivated individual, committed to providing outstanding service to customers and clients
Desirable Experience

  • Previously and or holds a lending mandate
  • 2+ years Bridging/Internal sales/Business development /Underwriting Experience

Remuneration and Benefits:

  • Competitive Salary and Bonus package
  • 26 Days Holiday
  • 2 Wellbeing Days
  • Contributory Pension
  • Life Insurance / Income Protection / Critical Illness Cover
  • Private Medical Insurance
  • Season Ticket Loans
  • Excellent career development opportunities and where appropriate sponsorship of a relevant qualification


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