Underwriter
6 months ago
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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