Commercial Real Estate Junior Underwriter
Commercial Real Estate Junior Underwriter

Commercial Real Estate Junior Underwriter

City of London Entry level 39000 - 52000 £ / year (est.) No home office possible
Go Premium
City + Capital

At a Glance

  • Tasks: Assess commercial property finance enquiries and recommend funding viability.
  • Company: Join a fast-growing property finance lender with a strong market presence.
  • Benefits: Competitive salary, bonus structure, and opportunities for career progression.
  • Other info: Exciting growth opportunities in a collaborative environment based in Mayfair.
  • Why this job: Be part of a dynamic team and make an impact in the commercial real estate sector.
  • Qualifications: Experience in bridging, BTL, or commercial finance; strong communication skills.

The predicted salary is between 39000 - 52000 £ per year.

The Company

City & Capital are currently representing a highly respected & fast-growing property finance lender who are achieving exciting growth. They have engaged our services to appoint highly motivated and diligent Junior Commercial Real Estate Underwriter to their brand new CRE division, at a very exciting time for the business.

The Company

Our client supports property development and investment professionals with access to funds for a range of commercial and semi-commercial real estate projects. Core offerings include bridging finance, development exit loans, commercial mortgages and BTL, with funding capacity to satisfy small or large CRE loans.

Our client has grown significantly in recent years, driven by the ambition to be the leading player in the market, and backed by strong investment and a long & successful track record in the specialist lending arena.

This growth is set to continue through further market expansion and innovative borrower solutions.

This will drive more applications than ever before, making the growth of the CRE underwriting team a key focus for the business.

The Department & Team

The Commercial Real Estate team focusses on semi-commercial and commercial property finance applications generated by the different sales functions within the business.

Loan sizes can vary from smaller requirements, to much larger, and more complex CRE loans. The department is headed up by an experienced Head of CRE with the support of the Chief Credit Officer.

This department was launched due to the significant volume of commercial applications and is set to grow substantially, in line with success. You will join a diverse team of underwriting experience and will partner with commercial RMs to support the needs of borrowers.

Role Overview

As Junior CRE Underwriter your core focus will be to assess semi-commercial and commercial property finance enquiries with a view to making recommendations on funding viability to senior management.

You will oversee your own pipeline of cases and will work closely with the internal sales, team as well as relevant brokers and borrowers, to identify & obtain the information required to accurately assess the loan.

For each loan within your pipeline that you feel meets the relevant criteria, you will then work with the senior management team and credit with a view to preparing the loan for funding.

For larger, or more complex CRE loans, you will increase your expertise and experience in this area by supporting the Senior Underwriter\’s activity for deal build and assessment.

This is a role that comes with a lot of support and development to assist you in enhancing your technical CRE underwriting skills within the role.

It is also a role that comes with plenty of progression potential too.

Responsibilities

  • Partner closely with the sales functions & brokers on new CRE applications
  • Identify and onboard the required information to accurately assess the loan
  • Manage and maintain your own pipeline of loans through to sanctioning
  • Ensure loan activity aligns with internal SLAs to enable timely funding
  • Work alongside Senior Underwriters on larger & more complex cases

Candidate Requirements

  • Experience?within bridging, BTL, commercial or development finance
  • May suit a current Underwriter of experienced Case Manager/Loan Admin
  • Confident communicator when dealing with brokers, borrowers & colleagues
  • A strong attention to detail and highly numerical
  • Demonstrable?success?against?objectives?in?previous?roles?key
  • Ambitious and keen to grow with the firm

On Offer

Our client is ideally looking to pay between c£45k – £60k as a basic salary for the ideal individual, relevant to experience. Higher offers may be considered for exceptional talent. Salary will be complemented by access to our client\’s favourable bonus structure too, which will significantly increase year on year earnings.

Most notably, this is a genuine opportunity to join one of the UK\’s fastest growing companies at an extremely exciting time for their business. Due to the company\’s big push on CRE they are very keen to make these Junior Underwriter hires quickly.

Our client operates a strong and proven promote from within policy too, meaning opportunities to propel salary & career standing forward within may be prevalent, where excellent performance is delivered. Happy to expand on this should we speak.

Due to this, we do not expect these roles to be available for long.

As this role is highly collaborative across functions you will be based in our clients fantastic Mayfair offices Monday – Friday.

Next Steps

There is a reasonable amount of urgency to fill this position in line with objectives.

Due to the nature of the role & opportunity, you do not expect it to be on the market for long!

If this role does sound like one that you are both qualified for and interested in, then we look forward to your application as soon as possible.

Once we have reviewed your application we will be in touch with an update.

We currently have 6,407 live graduate jobs and we\’re adding more all the time.

#J-18808-Ljbffr

Commercial Real Estate Junior Underwriter employer: City + Capital

Join a dynamic and rapidly expanding property finance lender in the heart of Mayfair, where your role as a Junior Commercial Real Estate Underwriter will be pivotal to our growth. With a strong emphasis on employee development and a promote-from-within culture, you will have ample opportunities to enhance your skills and advance your career while enjoying a collaborative work environment that values innovation and ambition. Our competitive salary package, complemented by a generous bonus structure, makes this an attractive opportunity for those looking to make a meaningful impact in the commercial real estate sector.
City + Capital

Contact Detail:

City + Capital Recruiting Team

StudySmarter Expert Advice 🤫

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

✨Tip Number 1

Network like a pro! Reach out to people in the commercial real estate sector on LinkedIn or at industry events. A friendly chat can lead to opportunities that aren’t even advertised yet.

✨Tip Number 2

Prepare for interviews by researching the company and its recent projects. Show them you’re genuinely interested in their growth and how you can contribute to their success as a Junior Underwriter.

✨Tip Number 3

Practice your pitch! Be ready to explain why you’re the perfect fit for the role. Highlight your attention to detail and numerical skills, and don’t forget to mention your ambition to grow with the firm.

✨Tip Number 4

Apply through our website! It’s the quickest way to get your application noticed. Plus, we love seeing candidates who take the initiative to connect directly with us.

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

Commercial Real Estate Knowledge
Underwriting Skills
Attention to Detail
Numerical Skills
Communication Skills
Loan Assessment
Pipeline Management
Collaboration Skills
Problem-Solving Skills
Experience in Bridging Finance
Experience in BTL Finance
Experience in Development Finance
Ambition and Growth Mindset

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Junior CRE Underwriter role. Highlight any relevant experience in bridging, BTL, or commercial finance, and don’t forget to showcase your attention to detail and numerical skills!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about property finance and how your ambitions align with our client's growth. Keep it concise but impactful!

Showcase Your Communication Skills: As a Junior Underwriter, you'll be working closely with brokers and borrowers. Make sure to highlight your confident communication style in your application. We want to see that you can build relationships easily!

Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s quick and easy, and we can’t wait to see your application come through!

How to prepare for a job interview at City + Capital

✨Know Your Numbers

As a Junior CRE Underwriter, you'll be dealing with a lot of numerical data. Brush up on your financial analysis skills and be prepared to discuss how you assess loan viability. Familiarise yourself with key metrics in commercial real estate to impress your interviewers.

✨Research the Company

Dive deep into the company’s background, especially their growth trajectory and core offerings. Understanding their position in the market and recent developments will show your genuine interest and help you tailor your responses during the interview.

✨Prepare for Scenario Questions

Expect questions that ask how you would handle specific underwriting scenarios. Think about past experiences where you've had to make tough decisions or analyse complex information. Use the STAR method (Situation, Task, Action, Result) to structure your answers effectively.

✨Show Your Ambition

This role is all about growth and development. Be ready to discuss your career aspirations and how they align with the company's goals. Highlight your eagerness to learn from senior underwriters and contribute to the team’s success.

Commercial Real Estate Junior Underwriter
City + Capital
Location: City of London
Go Premium

Land your dream job quicker with Premium

You’re marked as a top applicant with our partner companies
Individual CV and cover letter feedback including tailoring to specific job roles
Be among the first applications for new jobs with our AI application
1:1 support and career advice from our career coaches
Go Premium

Money-back if you don't land a job in 6-months

>