Underwriter

6 months ago


Cheadle, United Kingdom SDKA LTD Full time

Underwriter : Bridging Finance

Team : Underwriting team (Bridging Finance)

SALARY : £25,000-42,000 or above, depending on experience

Languages Needed: English

Contract type: Permanent role

Location : Cheadle

**Company details**

SDKA is a successful bridging finance company based in the North West, providing facilities across the UK.

We are looking to expand the team and require an Underwriter that has a minimum of 3 years experience in the bridging industry.

**Duties**
- Analyse credit worthiness and 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.
- Underwrite and approve loans
- Preparing offer documentation and ensuring all loan conditions are met throughout the drawdown process
- Structure transactions based upon market sector, asset and security
- Preparing a detailed Credit Paper with all appropriate conditions and presenting the proposition to the managing director
- Handle broker calls on specific cases under review
- Liaising with internal departments (Legal, Risk and Sales) and instructing and liaising with external parties (Surveyors, Solicitors and Customers) to effectively manage the lending process
- Following sanction from managment, preparing 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

**Requirements**:

- Minimum of 3 years relevant experience withing the Bridging Finance industry
- Excellent analytical skills
- Ability to plan, organise, prioritise and manage time
- Strong attention to detail
- Creative thinker and willing to work in a fast growing company
- Strong understanding of the regulatory environment
- Highly motivated individual, committed to providing outstanding service to customers and clients

**Job Type**: Permanent

**Salary**: £25,000.00-£42,000.00 per year

**Benefits**:

- Company pension
- Free parking
- On-site parking

Schedule:

- Monday to Friday

Ability to commute/relocate:

- CHEADLE: reliably commute or plan to relocate before starting work (required)

**Experience**:

- Underwriting: 3 years (required)

Work Location: In person


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