Underwriter - Commercial Real Estate
Underwriter - Commercial Real Estate

Underwriter - Commercial Real Estate

London Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage underwriting for complex loans and mentor junior team members.
  • Company: Join Market Financial Solutions, a leading bridging finance provider in Central London.
  • Benefits: Enjoy bonuses, exclusive discounts, private healthcare, and extra time off for your birthday.
  • Why this job: Be part of a dynamic team with opportunities for growth and development in finance.
  • Qualifications: Experience in commercial real estate finance and strong communication skills required.
  • Other info: This is a full-time office-based role in central London.

The predicted salary is between 43200 - 72000 £ per year.

About Us: Market Financial Solutions (MFS) is a top-tier, independent bridging finance provider in Central London, renowned for our fast and flexible bridging loans and buy-to-let mortgages. With a robust market presence, we cater to commercial borrowers, property investors, and developers with a diverse range of financial solutions including bridging finance, development exit finance, and buy-to-let mortgages. Backed by long-standing funding lines, we offer loan options ranging from £200k to £50m, ensuring our products continuously support the evolving needs of our borrowers. Our commitment to excellence and client-focused approach sets us apart in the finance industry.

Role Purpose: We are seeking an Underwriter to play a pivotal part in our Commercial Real Estate team. This key role involves managing the underwriting process, making high-level lending decisions, ensuring compliance, and mentoring junior team members. You will analyse complex loan applications, assess financials, credit reports, and property appraisals to ensure compliant lending practices.

Key Responsibilities:

  • Manage a personal pipeline of high-volume, complex loans, ensuring timely and accurate underwriting within SLAs.
  • Make high-level lending decisions and approve large or complex loan requests.
  • Conduct thorough analysis and evaluation of loan applications, including financial documents, credit histories, and property valuations.
  • Collaborate with brokers, borrowers, and other stakeholders to gather necessary information and provide updates.
  • Mentor junior team members to support the team’s goals.
  • Competently underwrite deals by understanding case studies thoroughly.

Role Requirements:

  • Experienced in Commercial Real Estate finance underwriting or a credit-based role.
  • Experience managing high-volume, complex loans.
  • Strong knowledge of mortgage lending principles, risk assessment, loan products, market trends, and regulatory requirements.
  • Effective communication skills for clear interaction with brokers, borrowers, and stakeholders.
  • Strong problem-solving abilities to identify and resolve issues in loan applications.
  • Ability to thrive in a fast-paced environment, managing multiple tasks and adapting to changing priorities.

Why Work for us?

  • Be Part of a Dynamic and Growing Company.
  • Annual salary review & regular appraisals.
  • Bonuses and Incentives.
  • Enhanced Maternity and Paternity Leave Package.
  • Exclusive Employee Discounts at Leading Retailers (covering groceries, technology, and holidays).
  • Ongoing Staff Training and Development Opportunities.
  • Private Medical Health Care with Vitality.
  • Life Insurance Coverage.
  • Additional Day Off to Celebrate Your Birthday.
  • Engaging Work Networking and Team Building Event.

Next Steps: Ready for an exciting career move? Hit ‘apply’ to express your interest, and if your CV aligns with our requirements, expect a call from one of our team soon to discuss this fantastic opportunity further. Please note, this role is a full-time office based position, based in central London.

Underwriter - Commercial Real Estate employer: Market Financial Solutions

Market Financial Solutions (MFS) is an exceptional employer, offering a vibrant work culture in the heart of Central London. With a strong focus on employee growth through ongoing training and development opportunities, MFS ensures that its team members are well-supported and rewarded with competitive salaries, bonuses, and exclusive discounts. Join us to be part of a dynamic company that values collaboration and innovation in the fast-paced world of commercial real estate finance.
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Contact Detail:

Market Financial Solutions Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Underwriter - Commercial Real Estate

✨Tip Number 1

Familiarise yourself with the latest trends in commercial real estate finance. Understanding current market conditions and emerging lending practices will not only boost your confidence but also demonstrate your commitment to the role during discussions.

✨Tip Number 2

Network with professionals in the commercial real estate sector. Attend industry events or join relevant online forums to connect with brokers and other underwriters. This can provide valuable insights and potentially lead to referrals.

✨Tip Number 3

Prepare to discuss specific case studies or examples from your past experience that highlight your underwriting skills. Being able to articulate how you've successfully managed complex loans will set you apart from other candidates.

✨Tip Number 4

Showcase your mentoring abilities by thinking of ways you can support junior team members. Be ready to share your approach to teamwork and leadership, as this aligns with the company's focus on collaboration and development.

We think you need these skills to ace Underwriter - Commercial Real Estate

Commercial Real Estate Finance Knowledge
Underwriting Expertise
Risk Assessment Skills
Loan Product Knowledge
Financial Analysis
Credit Report Evaluation
Property Valuation Skills
Regulatory Compliance Understanding
Effective Communication Skills
Problem-Solving Abilities
Time Management
Mentoring and Leadership Skills
Adaptability in Fast-Paced Environments
Stakeholder Collaboration

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Underwriter position in Commercial Real Estate. Tailor your application to highlight relevant experience and skills that align with the job description.

Craft a Strong CV: Your CV should clearly showcase your experience in underwriting, particularly in commercial real estate finance. Include specific examples of high-volume loans you've managed and any relevant achievements that demonstrate your expertise.

Write a Compelling Cover Letter: Use your cover letter to express your enthusiasm for the role and the company. Highlight your understanding of mortgage lending principles and your problem-solving abilities. Make sure to mention how you can contribute to the team and support junior members.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial in underwriting roles.

How to prepare for a job interview at Market Financial Solutions

✨Know Your Numbers

As an Underwriter in Commercial Real Estate, you'll need to demonstrate a strong grasp of financial documents and credit reports. Brush up on your knowledge of mortgage lending principles and be prepared to discuss how you analyse complex loan applications.

✨Showcase Your Problem-Solving Skills

Expect questions that assess your ability to identify and resolve issues in loan applications. Prepare examples from your past experience where you've successfully navigated challenges in underwriting or credit assessment.

✨Communicate Clearly

Effective communication is key in this role. Be ready to explain your thought process when making lending decisions and how you collaborate with brokers and borrowers. Practice articulating your ideas clearly and concisely.

✨Demonstrate Leadership Potential

Since mentoring junior team members is part of the role, think about your leadership style. Prepare to discuss how you've supported colleagues in the past and how you would approach mentoring in this new position.

Underwriter - Commercial Real Estate
Market Financial Solutions
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