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 are essential.
- 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
- 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 - Bridging employer: Nouvo Recruitment
Contact Detail:
Nouvo Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Underwriter - Bridging
✨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 bridging finance sector, especially those who work at or have connections to the company you're applying for. Attend industry events or webinars to make valuable contacts that could provide insights or referrals.
✨Tip Number 3
Prepare to discuss specific cases you've underwritten in the past, focusing on your decision-making process and how you navigated challenges. This will showcase your practical experience and problem-solving skills during the interview.
✨Tip Number 4
Demonstrate your team player mentality by sharing examples of how you've collaborated with other departments in previous roles. Highlighting your ability to communicate effectively with brokers, solicitors, and colleagues will set you apart as a candidate.
We think you need these skills to ace Senior Underwriter - Bridging
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 mentioned 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 examples in your application that showcase your ability to maintain high levels of communication with various stakeholders.
Highlight Teamwork and Mentoring Experience: If you have experience training or mentoring junior staff, be sure to mention it. This aligns with the company's need for a strong team player who can also support the development of others.
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 and the specific underwriting criteria for loans. Be prepared to discuss your experience with FCA regulated loans and how you've navigated compliance in previous roles.
✨Demonstrate Communication Skills
Since the role involves liaising with various stakeholders, practice articulating your thoughts clearly. Prepare examples of how you've maintained communication with brokers, applicants, and other departments in past positions.
✨Showcase Your Organisational Skills
Be ready to discuss how you manage a pipeline of cases and prioritise tasks effectively. Consider sharing specific strategies or tools you use to stay organised, especially when working under tight deadlines.
✨Prepare for Scenario Questions
Expect to face scenario-based questions that assess your decision-making skills in underwriting. Think of situations where you had to make tough lending decisions and how you approached them, ensuring you highlight your pragmatic approach.