At a Glance
- Tasks: Underwrite development and bridging loan applications while ensuring compliance with lending criteria.
- Company: Join a dynamic London-based lender known for its innovative approach to finance.
- Benefits: Enjoy a collaborative work environment with opportunities for professional growth.
- Why this job: Be part of a growing team where your expertise directly impacts financial decisions.
- Qualifications: 5 years of underwriting experience in specialist lending is essential; development experience preferred.
- Other info: Ideal for those who thrive under pressure and enjoy problem-solving in a fast-paced setting.
The predicted salary is between 43200 - 72000 £ per year.
Underwriter
Development Finance
London
KFS recruitment is currently working with a fantastic London based lender. We are looking for a Development Finance Underwriter to join the growing team.
The main responsibility of the Underwriter is to Underwrite approved development and bridging loan applications within company lending criteria.
Key Responsibilities:
- Successfully assess and underwrite loan applications in line with the credit policy
- Identification of incomplete or contradictory information received and successful resolution of risk and/or issue
- Recommends loans to the Underwriting Manager and Credit Team where they fall outside of the lending mandate held
- Participates in and contributes to departmental meetings
- Demonstrates a full understanding of regulation
- Demonstrate an ability to run high volumes of new underwriting cases
- Show excellent judgment
- Manage both internal & external expectations
Skills and experience:
- 5 years of Underwriting experience within a specialist lending sector essential
- Development experience is preferable
- Ability to adopt a pragmatic approach to underwriting within approved lending mandate
- Able to work effectively under pressure and to deadlines
- Able to work confidently with a small team or individually
- Confident telephone manner
- Computer literate
- Planning and organisation
- Attention to detail
- Problem solving
- Communication
- Focus on results
Senior Development Finance Underwriter employer: KFS Recruitment
Contact Detail:
KFS Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Development Finance Underwriter
✨Tip Number 1
Familiarize yourself with the specific lending criteria and credit policies of the company. Understanding these guidelines will help you demonstrate your ability to assess and underwrite loan applications effectively during the interview.
✨Tip Number 2
Prepare examples from your previous underwriting experience that showcase your problem-solving skills and your ability to manage high volumes of cases. This will highlight your capability to work under pressure, which is crucial for this role.
✨Tip Number 3
Brush up on your communication skills, especially your telephone manner. Since the role involves managing both internal and external expectations, being able to communicate clearly and confidently will set you apart.
✨Tip Number 4
Engage with current trends in development finance and be prepared to discuss them. Showing that you are knowledgeable about the industry will demonstrate your commitment and passion for the field.
We think you need these skills to ace Senior Development Finance Underwriter
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Senior Development Finance Underwriter position. Highlight key responsibilities and required skills, and think about how your experience aligns with these.
Tailor Your CV: Customize your CV to emphasize your underwriting experience, particularly in development finance. Include specific examples of how you've successfully assessed loan applications and managed risk.
Craft a Strong Cover Letter: Write a compelling cover letter that showcases your understanding of the lending criteria and your ability to work under pressure. Mention your experience in a specialist lending sector and how it prepares you for this role.
Highlight Relevant Skills: In your application, make sure to highlight your problem-solving abilities, attention to detail, and communication skills. These are crucial for managing both internal and external expectations effectively.
How to prepare for a job interview at KFS Recruitment
✨Showcase Your Underwriting Experience
Make sure to highlight your 5 years of underwriting experience, especially within the specialist lending sector. Be prepared to discuss specific cases you've worked on and how you successfully assessed and underwrote loan applications.
✨Demonstrate Problem-Solving Skills
Prepare examples that showcase your ability to identify incomplete or contradictory information and how you resolved those issues. This will demonstrate your critical thinking and problem-solving skills, which are essential for this role.
✨Understand Regulatory Frameworks
Familiarize yourself with the relevant regulations in development finance. During the interview, be ready to discuss how you ensure compliance with these regulations in your underwriting process.
✨Communicate Effectively
Since a confident telephone manner is important, practice articulating your thoughts clearly and concisely. Be prepared to discuss how you manage expectations with both internal teams and external clients.