High-Level Bridging Finance Underwriting Expert

1 month ago


London, Greater London, United Kingdom Montpellier Resourcing Full time

A unique opportunity has arisen for an experienced Senior Credit Risk Underwriter to join a specialist Property Lending company in London, specializing in bridging finance. As a Senior Underwriter, you will oversee the underwriting process across the company and manage high-level decisions.

Key Responsibilities:

  • Oversee a personal portfolio of high-volume, complex loans for underwriting, ensuring adherence to Service Level Agreements (SLAs).
  • Making key lending decisions and approving large or complex loan applications.
  • Conducting in-depth analysis of loan applications, reviewing financials, credit histories, property valuations, and other relevant data.
  • Evaluating risks for each loan, considering factors like borrower credit, loan-to-value ratios, and property values.
  • Making informed decisions to approve, deny, or conditionally approve loans based on set criteria.
  • Ensuring compliance with company policies, regulatory requirements, and industry standards during the underwriting process.
  • Collaborating with brokers, borrowers, and stakeholders to gather information, clarify requirements, and provide process updates.
  • Assisting Underwriting Managers with the evaluation of complex loans.
  • Presenting property loan cases to Underwriting Managers for funding decisions.
  • Mentoring junior team members to help achieve overall team objectives.

About the Role:

This is an exciting opportunity to work in a fast-paced environment, specializing in bridging finance. You will be responsible for managing a high-volume portfolio of complex loans, making key lending decisions, and mentoring junior team members. The successful candidate will have a proven track record of managing high-volume, complex loans for underwriting and a strong understanding of mortgage lending principles, risk assessment, loan products, market trends, and regulatory guidelines.

Requirements:

  • 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.

Benefits:

Up to £80,000 plus excellent bonus and benefits. This vacancy is being advertised by Montpellier Resourcing Associates Limited. The services advertised by Montpellier Resourcing Associates Limited are those of an Employment Agency.



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