Senior Bridging Underwriter
Job Type : Permanent, Full Time
Salary : £60000 – £70000/annum Negotiable. Bonus. Benefits
A highly reputable, successful and award-winning Bridging and Commerical Finance company currently requires a skilled and experienced Senior Bridging and BTL Underwriter to join its client's dynamic team.
This is an exceptional opportunity, offering a very competitive base salary, a comprehensive benefits package and bonus, alongside a vibrant and happy working environment, with genuine career progression
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
Senior 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
Proactive identification of new lending opportunities vs personal target of £15m per annum
Attend team meetings to share best practise & to optimise productivity
All activity to uphold the principles at all times 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
