Property Development Finance Specialist
3 weeks ago
We are recruiting a skilled Financial Underwriter to join our team at KFS Recruitment, in the role of Development Finance Underwriter for a North London based property development finance company.
Job Overview
The successful candidate will be responsible for evaluating new loan applications and ensuring compliance with company policy.
Key Responsibilities
- Evaluating initial loan applications and ensuring compliance with company policy
- Building successful working relationships with brokers, applicants, surveyors, solicitors and clients
- Preparing and instructing solicitors and surveyors on all new loans that have signed up
- Ensuring all new clients have complied with KYC and AML requirements
- Advising clients and brokers through the legal process and action legal correspondence
- Liaising with the panel of solicitors and surveyors to ensure swift completion of all loans in due diligence
- Reviewing solicitors' reports on title and in-depth analysis of surveyors' development valuation reports as a crucial part of the loan underwriting process
- Assessing surveyors' tranche inspection reports to ensure that the relevant build tranches have been completed satisfactorily in order that payment can be released
Requirements
- Attention to detail and willingness to learn
- Ability to review documents and pick out key information required
- An analytical mind who enjoys reviewing documents
- Interest in property and property development
- Ability to speak to professionals and clients on the phone
- Good written and spoken communicator
- Basic numeracy and IT skills
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