At a Glance
- Tasks: Support and underwrite development loan applications while ensuring compliance.
- Company: Join a leading finance organisation experiencing exciting growth and innovation.
- Benefits: Enjoy remote work on Fridays, 23 days holiday, pension, and private healthcare.
- Why this job: Be part of a dynamic team, enhance your skills, and make impactful lending decisions.
- Qualifications: Experience in underwriting development finance loans and strong communication skills required.
- Other info: Office located just a 5-minute walk from St Pancras overground station.
The predicted salary is between 36000 - 60000 £ per year.
Job Description
ASSISTANT UNDERWRITER – DEVELOPMENT
Location 25 mins from St Pancras overground station (5 min walk to the office)
Fridays work from home
Pension & private healthcare
23 days holiday + bank holidays
Nouvo are extremely excited to be working with this leading finance organisation, which has seen mergers and growth in the last 18 months. Due to business growth, they are looking to recruit An Assistant Underwriter within the Development team
KeyResponsibilities:
- Support a pipeline of cases and prioritisea ccordingly
- Underwrite development loan applications within company lending criteria by making quality lending decisions
- Be vigilant when working on cases and refer where necessary to the appropriate person
- Always maintain a high level of communication with interested parties including brokers, applicants, surveyors and solicitors
- Work closely with other departments within the company including sales, compliance, finance and collections
- Keep uptodate with current best practice and regulatory requirements
- Represent the company at events as required
- Attend broker training sessions
KeyCompetencies:
- Experienceof assisting in underwriting development finance loans including FCA regulated loans and development finance
- Excellent understanding of compliance aspects of the role including the regulatory environment and Consumer Duty principles
- Ability to adopt a pragmatic approach to underwriting
- Commercially aware
- Excellent interpersonal and communication skills
- Excellent organisational and prioritisation skills
- Ability to work to tight timeframes
- Strong teamplayer
Due to a very high number of applications, we are unable to come back to every candidate with feedback. If you do not hear from us within 48 hours, please assume that you have been unsuccessful on this occasion. Your CV will be registered with us, and we will keep you updated with any other positions that may be of interest. However please keep checking our website as new roles will be updated daily, Nouvo Recruitment London wishes you the best of luck in your job search.
Nouvo Recruitment London operate as an independent recruitment agency with over 20 years of experience supporting clients and candidates nationally across the UK.
ASSISTANT UNDERWRITER - DEVELOPMENT FINANCE employer: Nouvo Recruitment (London) Ltd
Contact Detail:
Nouvo Recruitment (London) Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land ASSISTANT UNDERWRITER - DEVELOPMENT FINANCE
✨Tip Number 1
Familiarise yourself with the latest trends in development finance. Understanding current market conditions and regulatory changes will not only boost your confidence but also demonstrate your commitment to the role during interviews.
✨Tip Number 2
Network with professionals in the finance sector, especially those involved in underwriting. Attend industry events or webinars to make connections that could lead to valuable insights or even referrals for the position.
✨Tip Number 3
Brush up on your communication skills, as this role requires constant interaction with various stakeholders. Practising clear and concise communication can help you stand out during interviews and assessments.
✨Tip Number 4
Showcase your organisational skills by preparing a mock case study related to development finance. This will not only help you understand the underwriting process better but also provide a practical example to discuss during your interview.
We think you need these skills to ace ASSISTANT UNDERWRITER - DEVELOPMENT FINANCE
Some tips for your application 🫡
Understand the Role: Read the job description thoroughly to grasp the key responsibilities and competencies required for the Assistant Underwriter position. Tailor your application to highlight relevant experience in underwriting development finance loans.
Highlight Relevant Experience: In your CV and cover letter, emphasise any previous experience you have in underwriting or related fields. Mention specific examples where you have successfully supported loan applications or worked within compliance frameworks.
Showcase Communication Skills: Since the role requires excellent interpersonal and communication skills, provide examples in your application that demonstrate your ability to communicate effectively with various stakeholders, such as brokers and solicitors.
Tailor Your Cover Letter: Craft a personalised cover letter that addresses the specific requirements of the job. Mention your understanding of the regulatory environment and how you can contribute to the company's success in development finance.
How to prepare for a job interview at Nouvo Recruitment (London) Ltd
✨Know Your Underwriting Basics
Make sure you brush up on your understanding of development finance and underwriting principles. Be prepared to discuss how you would assess loan applications and what criteria you would use to make lending decisions.
✨Demonstrate Communication Skills
Since the role involves liaising with various stakeholders, practice articulating your thoughts clearly. Prepare examples of how you've effectively communicated in previous roles, especially in high-pressure situations.
✨Showcase Your Organisational Skills
Be ready to discuss how you prioritise tasks and manage your time effectively. You might be asked about specific tools or methods you use to stay organised, so have a few examples at hand.
✨Stay Updated on Compliance
Familiarise yourself with the latest regulatory requirements and best practices in the finance sector. Being able to discuss current compliance issues will show that you're proactive and knowledgeable about the industry.