Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Underwrite bridging loan applications and assess risks while ensuring compliance.
- Company: Join a dynamic short-term property finance lender in London with diverse financial products.
- Benefits: Enjoy a collaborative work environment and opportunities for professional growth.
- Why this job: Shape the future of finance while building relationships and making impactful decisions.
- Qualifications: Experience in bridging and development finance is essential; strong communication skills are a must.
- Other info: Ideal for those looking to advance their career in a growing industry.
The predicted salary is between 43200 - 72000 £ per year.
Underwriter – Bridging Finance
London
KFS Recruitment is very pleased to be working with a short-term property finance lender, as they embark on their search for a new Bridging Underwriter to join the expanding team.
Our client offers a wide range of products, including commercial and residential bridging, development finance and auction finance. We are keen to find an experienced Senior Underwriter in the Bridging and Development finance industry to assist the company and shape their growth.
Responsibilities:
Underwrite approved bridging loan applications including heavy refurbishment, commercial and complex loans within company lending criteria and within personal lending mandate.
Ensure that the conditions of the Mortgage Illustration or Decision in Principle are adhered to, in full, throughout the processing of the application.
Accurately assess the risk attributed to the application ensuring that the loan is both suitable and fit for purpose.
Identify any potentially fraudulent activity and escalate any concerns to compliance or financial crime.
Communicate effectively with relevant parties on the loan, building successful working relationships with brokers, solicitors and valuers.
Understand and assess credit reports, documentation relating to verification of employment/self-employment, KYC and valuation reports.
Have the confidence to approve/decline applications in line with policy and to effectively communicate your decision to interested parties.
Provide excellent customer service to internal and external customers alike.
Bridging Underwriter employer: KFS Recruitment
Contact Detail:
KFS Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Bridging Underwriter
✨Tip Number 1
Familiarize yourself with the specific types of bridging finance products offered by our client. Understanding the nuances of commercial and residential bridging, as well as development finance, will help you stand out during discussions.
✨Tip Number 2
Brush up on your risk assessment skills. Being able to accurately assess risks associated with complex loans is crucial for this role, so consider reviewing case studies or scenarios that highlight risk evaluation in bridging finance.
✨Tip Number 3
Build your network within the industry. Establishing connections with brokers, solicitors, and valuers can provide you with valuable insights and may even lead to referrals, which can be beneficial when applying for the position.
✨Tip Number 4
Prepare to discuss your experience with compliance and fraud detection. Highlighting your ability to identify potentially fraudulent activity and your understanding of KYC processes will demonstrate your suitability for the role.
We think you need these skills to ace Bridging Underwriter
Some tips for your application 🫡
Understand the Role: Make sure you fully understand the responsibilities of a Bridging Underwriter. Familiarize yourself with bridging finance, loan applications, and the specific requirements mentioned in the job description.
Tailor Your CV: Highlight your relevant experience in underwriting, particularly in bridging and development finance. Use specific examples that demonstrate your ability to assess risk and manage loan applications effectively.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your skills align with the responsibilities outlined, such as your experience with complex loans and your ability to communicate effectively with various stakeholders.
Showcase Your Customer Service Skills: Since excellent customer service is emphasized, provide examples in your application that illustrate your commitment to both internal and external customers. This could include past experiences where you successfully managed client relationships or resolved issues.
How to prepare for a job interview at KFS Recruitment
✨Know Your Underwriting Criteria
Make sure you are well-versed in the company's lending criteria and personal lending mandate. Be prepared to discuss how you have successfully underwritten similar applications in the past, especially those involving heavy refurbishment or complex loans.
✨Demonstrate Risk Assessment Skills
Be ready to showcase your ability to accurately assess risks associated with loan applications. Prepare examples of how you've identified potential issues in previous roles and how you addressed them.
✨Build Relationships
Highlight your experience in building successful working relationships with brokers, solicitors, and valuers. Share specific instances where effective communication led to positive outcomes in your previous roles.
✨Customer Service Focus
Emphasize your commitment to providing excellent customer service. Be prepared to discuss how you have handled challenging situations with clients and how you ensured their needs were met while adhering to company policies.
