At a Glance
- Tasks: Underwrite bridging loan applications and collaborate with various departments.
- Company: Join a dynamic lender in Manchester known for its supportive culture.
- Benefits: Enjoy up to £45,000 salary, 3 days remote work, and amazing bonuses.
- Why this job: Be part of a proactive team making impactful lending decisions.
- Qualifications: Experience in underwriting and a keen eye for detail are essential.
- Other info: Interviews available immediately; perfect for motivated individuals ready to make a difference.
The predicted salary is between 36000 - 54000 £ per year.
We have a wonderful Lender based in Manchester who is looking for an experienced Bridging Underwriter.
The Underwriter must work together with the other members of the Underwriting team to ensure that loans are processed in accordance with the underwriting manual and lending policy. The Underwriter must use their skill and experience to approve those loans which are deemed acceptable and reject any which do not meet the criteria or where the Underwriter does not believe the borrower will be able to repay.
- Underwrite bridging loan applications within company lending criteria by making quality lending decisions
- Work closely with other departments within the company including sales, compliance, finance and collections
- Think outside the box and be proactive when suggesting ways to overcome potential problems, whilst ensuring that there is no additional risk to the company
- Maintain oversight of a loan post completion and follow up on any offer conditions prior to handing the loan to collections
- Keep up to date with current best practice and regulatory requirements
- Represent the company at events as required
The role offers a competitive basic salary and comprehensive benefits. Available for interview immediately.
Financial Underwriter employer: D&R Recruitment Limited
Contact Detail:
D&R Recruitment Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Underwriter
✨Tip Number 1
Familiarise yourself with the latest trends and regulations in bridging finance. This will not only help you during interviews but also demonstrate your commitment to staying updated in a fast-paced industry.
✨Tip Number 2
Network with professionals in the finance sector, especially those who work in underwriting. Attend industry events or join relevant online forums to build connections that could lead to job opportunities.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully underwritten loans in the past. Highlight your decision-making process and any innovative solutions you implemented to overcome challenges.
✨Tip Number 4
Research the company thoroughly before your interview. Understand their lending criteria and recent developments in their business to show that you're genuinely interested in contributing to their success.
We think you need these skills to ace Financial Underwriter
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in underwriting, particularly in bridging finance. Use specific examples of loans you've underwritten and the outcomes to demonstrate your expertise.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your skills align with their requirements, especially your ability to make quality lending decisions and work collaboratively with other departments.
Showcase Problem-Solving Skills: Provide examples in your application of how you've proactively solved issues in previous roles. This is crucial for demonstrating your ability to think outside the box and manage risks effectively.
Highlight Regulatory Knowledge: Mention any relevant training or experience you have regarding current best practices and regulatory requirements in the finance sector. This will show that you are up-to-date and serious about compliance.
How to prepare for a job interview at D&R Recruitment Limited
✨Know Your Numbers
As a Financial Underwriter, you'll need to demonstrate your understanding of financial metrics and lending criteria. Brush up on key financial concepts and be prepared to discuss how you would assess loan applications based on these.
✨Showcase Team Collaboration
This role requires working closely with various departments. Be ready to share examples of how you've successfully collaborated with others in the past, particularly in high-pressure situations or when resolving complex issues.
✨Think Outside the Box
The job description highlights the need for proactive problem-solving. Prepare to discuss specific instances where you've creatively overcome challenges in underwriting or finance, ensuring you maintain risk management.
✨Stay Updated on Regulations
Make sure you're familiar with current best practices and regulatory requirements in the finance sector. Being able to discuss recent changes and how they impact underwriting will show your commitment to compliance and industry knowledge.