Senior Credit Risk Specialist
1 month ago
We are seeking an experienced Senior Credit Risk Underwriter to join our team at Montpellier Resourcing Associates Limited. As a key member of our property lending team, you will be responsible for overseeing the underwriting process and managing high-level decisions.
Key Responsibilities:- Oversee a personal portfolio of high-volume, complex loans for underwriting, ensuring adherence to SLAs.
- Make key lending decisions and approve large or complex loan applications.
- Conduct in-depth analysis of loan applications, reviewing financials, credit histories, property valuations, and other relevant data.
- Evaluate risks for each loan, considering factors like borrower credit, loan-to-value ratios, and property values.
- Make informed decisions to approve, deny, or conditionally approve loans based on set criteria.
- Ensure compliance with company policies, regulatory requirements, and industry standards during the underwriting process.
- Collaborate with brokers, borrowers, and stakeholders to gather information, clarify requirements, and provide process updates.
- Assist Underwriting Managers with the evaluation of complex loans.
- Present property loan cases to Underwriting Managers for funding decisions.
- Mentor junior team members to help achieve overall team objectives
- At least 3 years of experience in property finance, specifically in underwriting or credit roles, with a focus on bridging or buy-to-let loans.
- Proven track record of managing high-volume, complex loans for underwriting.
- In-depth understanding of mortgage lending principles, risk assessment, loan products, market trends, and regulatory guidelines.
- Excellent communication skills for effectively interacting with brokers, borrowers, and stakeholders, clearly explaining underwriting decisions.
This is a fantastic opportunity to join a specialist Property Lending company in London and be part of a dynamic team. If you have the skills and experience we are looking for, please apply today.
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