Bridging Underwriter

Bridging Underwriter

Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage and assess bridging loan applications from start to finish.
  • Company: Join an award-winning specialist property lending firm in Central London.
  • Benefits: Work in state-of-the-art offices with a dynamic team.
  • Why this job: Gain valuable experience in a rapidly growing industry with a focus on professional development.
  • Qualifications: No specific qualifications required; enthusiasm and willingness to learn are key.
  • Other info: Immediate start available; perfect for high school and college students looking for a career boost.

The predicted salary is between 36000 - 60000 £ per year.

Opportunity to join an award winning specialist property lending firm in their state of the art offices in the city!

We are looking to recruit a Bridging Underwriter for a rapidly growing specialist lending firm. You will be responsible for assessing and underwriting bridging applications from brokers, direct applicants and intermediaries in line with lending policy and risk appetite.

Your duties will include:

  • Managing your own pipeline of cases from loan application to completion;
  • Assess and resolve risk-related issues with applications;
  • Assess full case documentation including credit reports and KYC documentation to ensure AML policy and lending policy are adhered to;
  • Review valuation reports and make an assessment as to suitability of the security property for short-term lending along with a full assessment of LTV with a rationale for the same;
  • Approve and reject applications in line with policy, referring to Compliance and/or Senior Leadership where appropriate;
  • Produce a high quality and articulate loan synopsis for each case, presenting a clear rationale for proceeding with the loan;
  • Communicate with all relevant parties throughout the loan application, building professional relationships with them.

We are looking to fill this position as soon as possible; please share your CV for immediate consideration or call me to discuss.

Bridging Underwriter employer: Integro Partners

Join an award-winning specialist property lending firm in the heart of Central London, where innovation meets excellence. Our state-of-the-art offices foster a collaborative and dynamic work culture, offering you the chance to grow your career with ample opportunities for professional development. Enjoy competitive benefits and the unique advantage of working in a vibrant city that is a hub for finance and property, making this an ideal place for meaningful and rewarding employment.
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Contact Detail:

Integro Partners Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Bridging Underwriter

✨Tip Number 1

Familiarise yourself with the specific lending policies and risk appetites of the firm. Understanding their approach will help you tailor your discussions and demonstrate that you're aligned with their values during interviews.

✨Tip Number 2

Network with professionals in the property lending sector, especially those who work as underwriters or brokers. Building these connections can provide valuable insights and potentially lead to referrals for the position.

✨Tip Number 3

Stay updated on current market trends and regulations affecting bridging loans. Being knowledgeable about the industry will not only impress during interviews but also show your commitment to the role.

✨Tip Number 4

Prepare to discuss specific case studies or examples from your past experience where you've successfully assessed risk or managed a pipeline of cases. This practical knowledge will set you apart from other candidates.

We think you need these skills to ace Bridging Underwriter

Underwriting Skills
Risk Assessment
Attention to Detail
Knowledge of AML Policies
Credit Analysis
Valuation Report Review
Loan-to-Value (LTV) Assessment
Communication Skills
Relationship Management
Problem-Solving Skills
Pipeline Management
Compliance Knowledge
Analytical Skills
Decision-Making Skills

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities of a Bridging Underwriter. Familiarise yourself with the key tasks mentioned in the job description, such as assessing applications and managing pipelines.

Tailor Your CV: Customise your CV to highlight relevant experience in underwriting or property lending. Emphasise any specific skills related to risk assessment, compliance, and communication, as these are crucial for the role.

Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the position and the company. Mention why you are a good fit for the role and how your background aligns with their needs, particularly in managing loan applications and building relationships.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or typos. A polished application reflects attention to detail, which is essential for a role that involves assessing documentation and making informed decisions.

How to prepare for a job interview at Integro Partners

✨Know Your Numbers

As a Bridging Underwriter, you'll be dealing with financial figures regularly. Brush up on your understanding of loan-to-value (LTV) ratios and how they impact lending decisions. Be prepared to discuss specific examples from your past experience where you successfully assessed risk and made informed decisions.

✨Understand the Compliance Landscape

Familiarise yourself with Anti-Money Laundering (AML) policies and other compliance regulations relevant to property lending. During the interview, demonstrate your knowledge of these policies and how you've adhered to them in previous roles. This will show that you take compliance seriously and understand its importance in the underwriting process.

✨Showcase Your Communication Skills

Effective communication is key in this role, as you'll need to liaise with brokers, applicants, and senior leadership. Prepare examples of how you've built professional relationships in the past and how you handle difficult conversations. Highlight your ability to produce clear and articulate loan synopses, as this is a crucial part of the job.

✨Prepare for Scenario Questions

Expect to face scenario-based questions during your interview. These may involve assessing a hypothetical loan application or resolving a risk-related issue. Practice articulating your thought process and decision-making criteria clearly. This will help the interviewers see how you approach challenges and make sound judgments.

Bridging Underwriter
Integro Partners
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