Bridging Finance Underwriter

3 weeks ago

Manchester, United Kingdom Rico Property Finance Ltd (TA D&R Recruitment) Full time

Bridging Finance Underwriter £35-45k + Bonuses + Hybrid Location: Manchester Key Responsibilities:

  • Review and analyze loan applications, assessing borrower creditworthiness, property value, and risk factors
  • Conduct comprehensive due diligence on loan transactions, including property appraisals and legal documentation
  • Determine loan terms, including loan amounts, interest rates, and repayment schedules, based on risk assessment and company guidelines
  • Collaborate with sales and operations teams to expedite loan approvals and closings
  • Communicate effectively with borrowers, brokers, and other stakeholders to gather necessary information and resolve issues
  • Stay informed about market trends, regulatory changes, and industry best practices related to bridging finance
Requirements:
  • Previous experience in underwriting role, preferably in the bridging finance or mortgage industry
  • Strong analytical and decision-making skills, with attention to detail
  • Excellent communication and interpersonal skills, with the ability to work effectively in a team environment
  • Familiarity with regulatory requirements and compliance standards for lending products
  • Proficiency in financial analysis and risk assessment techniques

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