Senior Underwriter, Development Finance

Senior Underwriter, Development Finance

Full-Time 43200 - 72000 £ / year (est.) No working from home possible
Fraser Carver Executive Search Ltd

At a Glance

  • Tasks: Manage the full lending process and assess complex bridging loan applications.
  • Company: Exciting new Bridging & Development Finance Lender in central London.
  • Benefits: Competitive salary based on experience and a dynamic work environment.
  • Other info: Office-based role with opportunities for collaboration and professional growth.
  • Why this job: Join a rapidly growing team and make a significant impact from the start.
  • Qualifications: Proven experience in Development Finance underwriting and strong analytical skills.

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

Fraser Carver Executive Search are working with a new to market Bridging & Development Finance Lender in central London who are looking for a very experienced Development Finance Underwriter to join their Credit team. My client is very well funded with solid institutional funding lines in place and having hired an excellent sales team they are now looking for a couple of heavyweight bridging underwriters to support the already impressive deal flow. They have extremely ambitious plans for growth over the next couple of years as such this is a great opportunity to get involved at the beginning of their journey.

Key duties include:

  • Managing the full lending process from application to drawdown
  • Assessing bridging loan applications and analysing creditworthiness of complex cases
  • Preparing detailed credit proposals for Credit Committee
  • Reviewing valuation reports and due diligence documentation
  • Drafting offer documents and ensuring conditions are satisfied pre-completion
  • Liaising with brokers, solicitors, valuers, surveyors, other lenders and internal teams to progress cases

Experience required:

  • Proven track record within Dev Finance underwriting and structured lending
  • Deep knowledge of structuring Dev Finance deals
  • Strong understanding of property-based lending, underwriting and risk assessment
  • Excellent communication and stakeholder management, experience working with C level
  • Analytical mindset with the confidence to make informed decisions
  • A proactive, problem-solving mentality and a commitment to great customer outcomes
  • Ability to thrive in a fast-paced, collaborative team environment

This role requires 4 days working in the offices in central London so please consider this when applying. We are also unfortunately unable to provide sponsorship so UK work eligibility must be in place or not required. NB: Salary listed is reflective of years of relevant experience.

Senior Underwriter, Development Finance employer: Fraser Carver Executive Search Ltd

Join a dynamic and ambitious Bridging & Development Finance Lender in the heart of central London, where your expertise as a Senior Underwriter will be valued and rewarded. With a strong focus on employee growth and a collaborative work culture, you will have the opportunity to shape the future of the company while enjoying competitive benefits and a supportive environment. This is not just a job; it's a chance to be part of an exciting journey in a well-funded firm with impressive plans for expansion.

Fraser Carver Executive Search Ltd

Contact Details:

Fraser Carver Executive Search Ltd Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Underwriter, Development Finance

Tip Number 1

Network like a pro! Reach out to your connections in the finance and underwriting sectors. Attend industry events or webinars to meet potential employers and get your name out there. Remember, it’s all about who you know!

Tip Number 2

Prepare for interviews by researching the company and its culture. Understand their lending processes and be ready to discuss how your experience aligns with their ambitious growth plans. Show them you’re not just another candidate, but the perfect fit!

Tip Number 3

Practice your pitch! Be ready to explain your track record in Development Finance underwriting clearly and confidently. Highlight your analytical mindset and problem-solving skills, as these are key in this fast-paced environment.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us.

We think you need these skills to ace Senior Underwriter, Development Finance

Development Finance Underwriting
Structured Lending
Creditworthiness Assessment
Credit Proposal Preparation
Valuation Report Review
Due Diligence Documentation
Stakeholder Management

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Senior Underwriter role. Highlight your experience in Development Finance underwriting and structured lending, as well as any relevant achievements that showcase your analytical mindset and problem-solving skills.

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention your deep knowledge of property-based lending and how your communication skills can help you liaise effectively with brokers and other stakeholders.

Showcase Your Experience:In your application, be sure to detail your proven track record in managing the full lending process. Discuss specific examples where you've assessed complex bridging loan applications and prepared credit proposals for committees.

Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep everything organised and ensures your application gets the attention it deserves!

How to prepare for a job interview at Fraser Carver Executive Search Ltd

Know Your Numbers

As a Senior Underwriter, you'll need to demonstrate your deep knowledge of development finance and structured lending. Brush up on key metrics and case studies that showcase your analytical skills and decision-making prowess. Be ready to discuss specific examples where you've successfully assessed creditworthiness or structured complex deals.

Master the Lending Process

Familiarise yourself with the full lending process from application to drawdown. Prepare to explain how you manage each stage, especially in terms of liaising with brokers and other stakeholders. Highlight any experience you have in drafting offer documents and ensuring conditions are met pre-completion.

Showcase Your Communication Skills

Given the importance of stakeholder management in this role, be prepared to discuss how you've effectively communicated with C-level executives and other key players in previous roles. Use specific examples to illustrate your ability to build relationships and drive collaboration within a team.

Emphasise Problem-Solving Abilities

This role requires a proactive, problem-solving mentality. Think of instances where you've faced challenges in underwriting or risk assessment and how you overcame them. Show that you can thrive in a fast-paced environment by sharing examples of how you've adapted to changing circumstances while maintaining great customer outcomes.