Senior Underwriter

Senior Underwriter

Borehamwood Full-Time 48000 - 72000 £ / year (est.) No home office possible
N

At a Glance

  • Tasks: Manage and underwrite bridging loan applications while ensuring compliance with guidelines.
  • Company: Join a leading finance organisation experiencing exciting growth and innovation.
  • Benefits: Enjoy remote work on Fridays, pension, private healthcare, and 23 days holiday plus bank holidays.
  • Why this job: Be part of a dynamic team, enhance your skills, and make impactful lending decisions.
  • Qualifications: Experience in underwriting bridging finance loans and strong communication skills required.
  • Other info: Opportunity to train and mentor junior staff while representing the company at events.

The predicted salary is between 48000 - 72000 £ per year.

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 a Senior Underwriter to ensure that applications are processed and approved within company and FCA guidelines.

Key Responsibilities:

  • Manage a pipeline of bridging cases and prioritise accordingly
  • Underwrite bridging 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
  • 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
  • Represent the company at events as required
  • Attend broker training sessions
  • Train and mentor more junior members of staff

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 interpersonal and communication skills
  • Excellent organisational and prioritisation skills
  • Ability to work to tight timeframes
  • 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.

Senior Underwriter employer: Nouvo Recruitment

This leading finance organisation, located just a short 25-minute journey from St Pancras, offers an exceptional work environment for a Senior Underwriter. With a strong focus on employee well-being, the company provides generous benefits including pension and private healthcare, along with 23 days of holiday plus bank holidays, and the flexibility of working from home on Fridays. The culture promotes professional growth through mentorship opportunities and collaboration across departments, making it an ideal place for those seeking a rewarding career in the finance sector.
N

Contact Detail:

Nouvo Recruitment Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Underwriter

✨Tip Number 1

Familiarise yourself with the latest FCA regulations and compliance requirements related to bridging finance. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in a rapidly changing industry.

✨Tip Number 2

Network with professionals in the finance sector, especially those involved in underwriting. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends and challenges in bridging loans.

✨Tip Number 3

Prepare to discuss specific examples of how you've successfully managed a pipeline of cases in previous roles. Highlight your organisational skills and ability to prioritise effectively under tight deadlines, as these are crucial for the Senior Underwriter position.

✨Tip Number 4

Showcase your interpersonal skills by preparing to discuss how you've maintained communication with various stakeholders in past roles. Being able to illustrate your experience in collaborating with brokers, applicants, and other departments will set you apart from other candidates.

We think you need these skills to ace Senior Underwriter

Bridging Finance Underwriting
FCA Regulations Knowledge
Compliance Understanding
Consumer Duty Principles
Risk Assessment
Quality Decision-Making
Interpersonal Skills
Communication Skills
Organisational Skills
Prioritisation Skills
Time Management
Team Collaboration
Mentoring and Training
Commercial Awareness

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your experience in underwriting bridging finance loans. Emphasise your understanding of compliance and regulatory requirements, as well as any relevant achievements in previous roles.

Craft a Compelling Cover Letter: Write a cover letter that specifically addresses the key responsibilities and competencies listed in the job description. Use examples from your past experience to demonstrate how you meet these requirements.

Showcase Communication Skills: Since excellent interpersonal and communication skills are crucial for this role, consider including specific instances where you've successfully communicated with various stakeholders, such as brokers or solicitors, in your application.

Highlight Teamwork and Leadership: Mention any experience you have in mentoring or training junior staff, as well as your ability to work collaboratively within a team. This will show that you can contribute positively to the company culture.

How to prepare for a job interview at Nouvo Recruitment

✨Know Your Underwriting Basics

Make sure you brush up on your knowledge of bridging finance loans and FCA regulations. Being able to discuss these topics confidently will show that you understand the core responsibilities of a Senior Underwriter.

✨Demonstrate Communication Skills

Since the role involves liaising with various parties, prepare examples of how you've effectively communicated in previous roles. Highlight your ability to maintain clear communication with brokers, applicants, and other departments.

✨Showcase Your Organisational Skills

Be ready to discuss how you manage your workload and prioritise tasks, especially under tight deadlines. Providing specific examples of how you've successfully handled multiple cases will impress the interviewers.

✨Prepare for Scenario Questions

Expect questions that assess your decision-making process in underwriting scenarios. Think about past experiences where you had to make tough lending decisions and be prepared to explain your thought process.

N
Similar positions in other companies
UK’s top job board for Gen Z
discover-jobs-cta
Discover now
>