Underwriter - Development Finance in City of London

Underwriter - Development Finance in City of London

City of London Full-Time No working from home possible
CRS

Underwriter – Development Finance

London | Hybrid Working

  • I'm currently working with a highly regarded specialist property lender that is continuing to invest heavily in its Development Finance division following a sustained period of growth.
  • This is an excellent opportunity for an experienced Development Finance professional to join a collaborative, high-performing team where you'll take ownership of transactions from initial assessment through to completion, working closely with borrowers, brokers and internal stakeholders throughout the lending process.

The Role

As Underwriter, you'll be responsible for assessing residential development finance opportunities, preparing credit papers, managing due diligence and driving transactions through to drawdown. You'll work alongside an experienced origination team and gain exposure to a broad range of development projects across the UK.

Key Responsibilities

β€’ Review and analyse development finance proposals, including project viability, borrower strength and security assessment.

β€’ Conduct detailed financial and appraisal analysis using specialist development finance models.

β€’ Accompany Lending Directors on borrower meetings and site visits.

β€’ Prepare high-quality credit papers for Credit Committee.

β€’ Draft facility letters and manage conditions precedent.

β€’ Instruct and liaise with solicitors, valuers and monitoring surveyors.

β€’ Manage KYC, source of wealth/funds and regulatory requirements.

β€’ Take ownership of transactions from credit approval through to completion.

β€’ Deliver a high level of service to borrowers, brokers and professional partners.

About You

β€’ Experience within Development Finance, Real Estate Finance or Property Lending.

β€’ Strong credit analysis and credit writing skills.

β€’ Good understanding of residential development projects and lending structures.

β€’ Ability to manage multiple transactions and deadlines simultaneously.

β€’ Strong communication and stakeholder management skills.

β€’ A proactive and commercially minded approach.

Why Consider This Opportunity?

β€’ Join a growing and well-funded specialist lender.

β€’ Work within a highly respected Development Finance team.

β€’ Exposure to a varied and interesting portfolio of development transactions.

β€’ Genuine long-term career progression opportunities.

β€’ Hybrid working model with a London-based team.

For a confidential discussion or further information, please get in touch and apply.

CRS

Contact Details:

CRS Recruitment Team