At a Glance
- Tasks: Underwrite bridging loan applications and manage a pipeline of cases.
- Company: A thriving bridging loan company in Watford with a strong growth trajectory.
- Benefits: Competitive salary, supportive team environment, and opportunities for professional development.
- Why this job: Join a dynamic team and make impactful lending decisions in a growing industry.
- Qualifications: Experience in underwriting bridging finance and a keen understanding of compliance.
- Other info: Fast-paced environment with potential for career advancement.
The predicted salary is between 36000 - 60000 £ per year.
Job Description
BRIDGING UNDERWRITER
Our client, a successful bridging loan company based in Watford is growing year on year and due to this, they are looking for a Bridging Underwriter, ensuring all loans are processed in accordance with the company’s lending policies and procedures.
Key Responsibilities:
- Underwrite bridging loan applications within company lending criteria by making quality lending decisions
- Manage a pipeline of bridging cases and prioritise accordingly
- 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
- Maintain oversight of a loan post completion and follow up on any offer conditions prior to handing the loan to collections
- Keep up to date with current best practice and regulatory requirements
- Keep all records up to date
- Represent the company at events as required
- Attend broker training sessions
Key Competencies:
- Experience of underwriting bridging 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 attention to detail
- Ability to work to tight timeframes
- Proactive
- Strong team player
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.
Bridging Underwriter employer: Nouvo Recruitment (London) Ltd
Contact Detail:
Nouvo Recruitment (London) Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Bridging Underwriter
✨Tip Number 1
Network like a pro! Reach out to people in the bridging finance industry, attend events, and connect with brokers. You never know who might have the inside scoop on job openings.
✨Tip Number 2
Show off your skills! When you get the chance to chat with potential employers, highlight your experience with FCA regulated loans and your understanding of compliance. Make sure they see you as the go-to person for bridging underwriting.
✨Tip Number 3
Stay proactive! Follow up on your applications and express your enthusiasm for the role. A little persistence can go a long way in showing that you're genuinely interested in joining their team.
✨Tip Number 4
Keep checking our website! We update our job listings daily, so make sure you’re on top of new opportunities. Applying through us gives you a better chance to land that Bridging Underwriter role!
We think you need these skills to ace Bridging Underwriter
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Bridging Underwriter role. Highlight your experience with bridging finance and compliance, as these are key aspects of the job. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our team. Be sure to mention your understanding of the regulatory environment and your proactive approach to underwriting.
Showcase Your Communication Skills: Since communication is vital in this role, make sure to demonstrate your ability to liaise effectively with brokers, applicants, and other departments. We love candidates who can keep everyone in the loop!
Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to receive your application and keep track of all the amazing candidates. Plus, you’ll find all the latest roles there too!
How to prepare for a job interview at Nouvo Recruitment (London) Ltd
✨Know Your Numbers
As a Bridging Underwriter, you'll need to demonstrate your understanding of bridging finance. Brush up on key metrics and lending criteria relevant to the role. Be ready to discuss how you’ve applied these in past experiences.
✨Communication is Key
Since maintaining communication with brokers, applicants, and other parties is crucial, prepare examples of how you've effectively communicated in previous roles. Highlight your ability to manage relationships and keep everyone informed.
✨Stay Updated on Regulations
Familiarise yourself with the latest compliance regulations and Consumer Duty principles. Show that you’re proactive about keeping up with industry changes and can apply this knowledge to your underwriting decisions.
✨Demonstrate Team Spirit
Being a strong team player is essential. Think of instances where you collaborated with other departments like sales or finance. Share how you contributed to team goals and maintained a positive working environment.