At a Glance
- Tasks: Manage loan transactions and ensure compliance while building strong relationships.
- Company: Join a dynamic lender focused on bridging and development finance for SME developers.
- Benefits: Enjoy a competitive salary, annual bonus, and hybrid working options.
- Why this job: Be part of a supportive team where your skills will make a real impact.
- Qualifications: Experience in underwriting with strong knowledge of credit policies and risk management required.
- Other info: Ideal for those with backgrounds as Loan Officers, Credit Analysts, or Financial Analysts.
The predicted salary is between 42500 - 57500 £ per year.
Are you an experienced Development Finance Underwriter looking for an exciting new challenge? Our client, a dynamic and fast-growing lender based in Borehamwood, is seeking a detail-oriented professional to join their team. The company specialises in providing bridging and development finance to SME developers, with a strong focus on customer relationships and service excellence.
This role offers a competitive salary of £50,000 - £60,000 per year, along with an annual bonus. Enjoy the flexibility of hybrid working and take advantage of career development opportunities in a supportive and fast-paced environment.
As a Development Finance Underwriter, you will:
- Manage and progress loan transactions from start to finish, ensuring compliance with company policies and regulations.
- Oversee assigned loan transactions, prioritising effectively to meet proposed completion dates.
- Write and present detailed credit papers to the Credit Committee.
- Maintain accurate documentation and reports for assigned loans.
- Build and maintain strong relationships with borrowers, brokers, and other stakeholders.
- Review third-party documentation and ensure company interests are protected.
- Collaborate with internal teams to maintain the integrity of the loan book.
The Development Finance Underwriter role comes with a comprehensive package, including:
- Annual salary of £50,000 - £60,000
- Annual bonus
- Hybrid working options
- Career development opportunities
The ideal Development Finance Underwriter will have:
- Proven experience in underwriting, preferably in property or financial services.
- Strong knowledge of credit policies, regulations, and risk management.
- Ability to manage multiple tasks and deadlines with attention to detail.
- Excellent communication and relationship-building skills.
- A proactive approach to problem-solving and decision-making.
- Strong teamwork skills and the ability to work collaboratively.
If you have experience as a Loan Officer, Credit Analyst, Mortgage Underwriter, Risk Manager, or Financial Analyst, you might find this Development Finance Underwriter role to be a perfect fit for your skills and career aspirations.
If you're ready to take on a new challenge and contribute to a forward-thinking company, this Development Finance Underwriter position could be the perfect opportunity for you. Apply today to join a growing team where your expertise will make a real impact!
Development Finance Underwriter employer: Fintelligent
Contact Detail:
Fintelligent Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Development Finance Underwriter
✨Tip Number 1
Familiarise yourself with the latest trends in development finance and bridging loans. Understanding the current market landscape will not only boost your confidence during interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in the finance and property sectors. Attend industry events or join relevant online forums to connect with potential colleagues or mentors who can provide insights into the company culture and expectations.
✨Tip Number 3
Prepare to discuss specific examples from your past experience that showcase your underwriting skills and ability to manage loan transactions. Highlighting your problem-solving abilities and relationship-building skills will set you apart.
✨Tip Number 4
Research the company’s values and mission. Tailoring your conversation to align with their focus on customer relationships and service excellence will show that you are a good cultural fit for the team.
We think you need these skills to ace Development Finance Underwriter
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in underwriting, particularly in property or financial services. Emphasise your knowledge of credit policies and risk management to align with the job requirements.
Craft a Compelling Cover Letter: Write a cover letter that showcases your communication skills and relationship-building abilities. Mention specific examples of how you've successfully managed loan transactions and collaborated with stakeholders in previous roles.
Highlight Attention to Detail: In your application, provide examples that demonstrate your attention to detail, especially in managing documentation and reports for loans. This is crucial for the role of Development Finance Underwriter.
Showcase Problem-Solving Skills: Include instances where you've proactively solved problems or made decisions in your previous positions. This will illustrate your ability to handle challenges effectively, which is essential for this role.
How to prepare for a job interview at Fintelligent
✨Showcase Your Underwriting Experience
Be prepared to discuss your previous experience in underwriting, especially in property or financial services. Highlight specific examples where you successfully managed loan transactions and ensured compliance with policies.
✨Demonstrate Relationship-Building Skills
Since the role emphasises strong relationships with borrowers and brokers, come ready to share instances where you've built and maintained successful partnerships. This will show your ability to fit into their customer-focused culture.
✨Prepare for Technical Questions
Brush up on your knowledge of credit policies, regulations, and risk management. Expect technical questions that assess your understanding of these areas, as they are crucial for the Development Finance Underwriter role.
✨Exhibit Problem-Solving Abilities
Prepare to discuss how you've approached challenges in past roles. Use the STAR method (Situation, Task, Action, Result) to structure your answers, demonstrating your proactive approach to problem-solving and decision-making.