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Form of workSENIOR BRIDGING AND BTL UNDERWRITER required for a leading, award winning Bridging Lender, based in London, due to it's outstanding success and expansion.
This is an exceptional opportunity, offering a very competitive base salary, a comprehensive benefits package and bonus, alongside a vibrant and happy working environment, offering genuine career progression.
- Life insurance coverage
- Pension
- Private healthcare
- Opportunities for career progression
- Summer & winter employee events
- Discretionary annual bonus
The Senior Bridging Underwriter Role:
- As a Senior Bridging Underwriter, you will play a critical role in assessing and underwriting bridging loans and buy-to-let mortgages, ensuring adherence to lending criteria and risk management guidelines.
- Conduct thorough analysis and evaluation of loan applications, including financial documents, credit histories, property valuations, and other relevant information.
- Assess risks associated with each application, considering factors such as borrower creditworthiness, loan-to-value ratios, and property values.
- Make informed underwriting decisions, including approving, denying, or conditionally approving loan applications, based on established criteria.
- Ensure compliance with internal policies, external regulations, and industry standards throughout the underwriting process.
- Collaborate with brokers, borrowers, and other stakeholders to gather necessary information, clarify requirements, and provide updates on the underwriting process.
- Maintain accurate documentation of underwriting decisions, calculations, and recommendations to ensure a comprehensive loan file.
- Support Underwriting Managers with complex loan assessments
- Presentations to Line Manager in respect of property loans for funding
Bridging Underwriter Responsibilities and Duties:
- Deputise for Underwriting Managers where required.
- Assist loan servicing team with loans post funded, where requested.
- Activity to build, manage & influence a key broker & borrower network.
- Ongoing point of contact for brokers and borrowers & professional stakeholders
- Presentations to Line Management & CEO on loan cases & process improvements
- Mentorship of Jnr Underwriters, Underwriters & Administrators to support team goal.
- Timely delivery of MI to line management as and when requested.
- Update the company CRM (HubSpot) where required.
- Attend team meetings to share best practise & to optimise productivity.
- All activity to always uphold the principles as a company ambassador.
Experience Required - Senior Bridging Underwriter:
- Minimum 2 years of experience in underwriting, specifically in bridging loans and buy-to-let mortgages.
- Strong knowledge of mortgage lending principles, risk assessment, loan products, market trends, and regulatory requirements.
- Excellent analytical skills to assess complex financial information and make sound underwriting decisions.
- Attention to detail and accuracy in reviewing and verifying information, documents, and calculations.
- Effective communication skills to interact with brokers, borrowers, and other stakeholders, providing clear explanations of underwriting decisions.
- Strong problem-solving abilities to identify issues in loan applications and propose appropriate solutions.
- Ability to work in a fast-paced environment, handling multiple tasks and adapting to changing priorities.
- Proficiency in using underwriting software, loan origination systems, and other relevant tools.
- The client is an equal opportunity employer, committed to promoting diversity and inclusion in the workplace.
For further details please contact Robert at Recruitment Solutions. APPLY TODAY and I will be in touch.
