Underwriter - Commercial Real Estate
Underwriter - Commercial Real Estate

Underwriter - Commercial Real Estate

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

  • Tasks: Manage underwriting processes and make high-level lending decisions in Commercial Real Estate.
  • Company: Join Market Financial Solutions, a leading independent 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, mentor others, and thrive in a fast-paced environment.
  • Qualifications: Experience in Commercial Real Estate finance underwriting 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.

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.

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.

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 located in the heart of Central London, offering a dynamic work environment that fosters professional growth and collaboration. With a strong commitment to employee development, competitive salary reviews, and a comprehensive benefits package including private healthcare and exclusive discounts, MFS ensures that its team members are well-supported and motivated. Join us to be part of a forward-thinking company where your contributions directly impact our success in the fast-paced finance industry.
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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 help you stand out during discussions with our team.

✨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 stakeholders, which can provide valuable insights and potentially lead to referrals.

✨Tip Number 3

Prepare to discuss your experience with high-volume, complex loans in detail. Be ready to share specific examples of how you've successfully managed underwriting processes and made lending decisions in previous roles.

✨Tip Number 4

Showcase your mentoring skills by thinking of ways you could support junior team members. Highlight any past experiences where you've guided others, as this aligns with our commitment to team 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 Skills
Mentoring and Leadership Skills
Adaptability in Fast-Paced Environments
Stakeholder Engagement

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 qualifications or certifications.

Write a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Highlight your problem-solving abilities and effective communication skills, as these are crucial for the position. Make sure to mention how your background aligns with MFS's commitment to client-focused solutions.

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 essential for an Underwriter role.

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 be comfortable with financial documents and data. Brush up on your understanding of loan products, risk assessment, and market trends. Be prepared to discuss specific examples from your past experience where you successfully analysed complex loan applications.

✨Showcase Your Problem-Solving Skills

During the interview, highlight your ability to identify and resolve issues in loan applications. Prepare a few scenarios where you faced challenges in underwriting and explain how you navigated those situations. This will demonstrate your critical thinking and adaptability.

✨Communicate Clearly

Effective communication is key in this role. Practice articulating your thoughts clearly and concisely, especially when discussing technical aspects of underwriting. You may be asked to explain complex concepts to non-experts, so showcasing your ability to simplify information will be beneficial.

✨Demonstrate Team Leadership

Since mentoring junior team members is part of the role, be ready to discuss your leadership style and experiences. Share examples of how you've supported colleagues in the past, whether through training or collaboration, to show that you're not just a strong underwriter but also a team player.

Underwriter - Commercial Real Estate
Market Financial Solutions
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