At a Glance
- Tasks: Assess and manage bridging loan applications while ensuring compliance with lending policies.
- Company: Award-winning property lender based in London, known for innovation and collaboration.
- Benefits: Competitive salary, dynamic work environment, and opportunities for professional growth.
- Other info: Exciting opportunity to work in a fast-paced, entrepreneurial setting.
- Why this job: Join a leading team and make impactful decisions in the property finance sector.
- Qualifications: 2+ years in underwriting or short-term lending, strong communication skills, and proficiency in Microsoft tools.
The predicted salary is between 45000 - 55000 £ per year.
Our client is a leading, award-winning specialist property lender headquartered in London. Since 2008, they have provided over £3 billion in mortgages to property investors, business owners, and homeowners across the UK. Known for their dependability, fairness, and respect, they offer a dynamic and entrepreneurial environment where innovation and collaboration are at the heart of everything they do. The business is backed by institutional capital from global credit funds and investment banks, and is currently expanding its capital markets function to support continued growth.
We are seeking an experienced and detail-oriented Underwriter to join our dynamic team. In this role, you will assess and manage complex bridging loan applications from brokers, intermediaries, and direct applicants. You’ll play a key part in ensuring that all applications align with our lending policy and risk appetite, while maintaining compliance with regulatory standards.
Key Responsibilities- Assess and underwrite bridging loan applications in line with lending policy.
- Manage a personal pipeline of cases from application through to completion.
- Evaluate risk-related issues and resolve them effectively.
- Review full case documentation, including credit reports and KYC, ensuring AML compliance.
- Analyse valuation reports and assess property suitability and LTV.
- Approve or decline applications, escalating to Compliance or Senior Leadership when needed.
- Produce high-quality loan synopses with clear rationale.
- Maintain professional communication with all stakeholders throughout the loan process.
- Minimum of 2 years’ experience in a similar underwriting role or within the short-term lending industry.
- GCSE (or equivalent) grade B or above in Maths and English Language.
- Strong verbal and written communication skills.
- Excellent time management and ability to work independently or collaboratively.
- Proficiency in Microsoft Word, Outlook, and Excel.
- Comfortable with manual calculations and CRM platform tools.
- Demonstrated interest in bridging finance and market trends.
Underwriter employer: Navari Talent Limited
Contact Detail:
Navari Talent Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriter
✨Tip Number 1
Network like a pro! Reach out to industry professionals on LinkedIn or attend local meetups. We all know that sometimes it’s not just what you know, but who you know that can help you land that Underwriter role.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of bridging finance and market trends. We recommend having a few examples ready that showcase your experience in assessing loan applications and managing risk.
✨Tip Number 3
Don’t forget to follow up after interviews! A quick thank-you email can go a long way in showing your enthusiasm for the role. We believe it’s a great way to keep you top of mind with the hiring team.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we’re always looking for talented individuals like you to join our dynamic team.
We think you need these skills to ace Underwriter
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Underwriter role. Highlight your experience in assessing loan applications and managing pipelines, as well as any relevant skills in risk evaluation and compliance.
Craft a Compelling Cover Letter: Your cover letter should reflect your passion for bridging finance and your understanding of the market trends. Use this space to showcase your communication skills and explain why you’re a great fit for our dynamic team.
Showcase Your Attention to Detail: As an Underwriter, attention to detail is key. In your application, provide examples of how you've successfully managed complex cases and ensured compliance with lending policies and regulations.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and get you on board with our innovative team!
How to prepare for a job interview at Navari Talent Limited
✨Know Your Numbers
As an Underwriter, you'll be dealing with numbers and calculations all day. Brush up on your maths skills and be prepared to discuss how you evaluate risk and assess loan applications. Familiarise yourself with key metrics like LTV (Loan to Value) ratios and how they impact lending decisions.
✨Understand the Market
Show that you’re not just a number cruncher but also someone who understands the bridging finance landscape. Research current market trends and be ready to discuss how they might affect lending policies. This will demonstrate your genuine interest in the role and the industry.
✨Prepare for Scenario Questions
Expect to face scenario-based questions during your interview. Think about past experiences where you had to make tough underwriting decisions or resolve complex issues. Prepare specific examples that highlight your problem-solving skills and ability to work under pressure.
✨Communicate Clearly
Strong communication skills are essential for this role. Practice articulating your thoughts clearly and concisely. Be ready to explain your rationale behind loan approvals or declines, as well as how you maintain compliance with regulatory standards. Good communication can set you apart from other candidates.