At a Glance
- Tasks: Underwrite corporate and commercial real estate loans while managing client relationships.
- Company: International bank based in Harrow with a focus on innovation.
- Benefits: Competitive salary, career development opportunities, and a supportive work environment.
- Why this job: Join a dynamic team and make impactful decisions in the finance sector.
- Qualifications: Experience in underwriting and strong analytical skills required.
- Other info: Opportunity for growth and collaboration with industry professionals.
The predicted salary is between 36000 - 60000 £ per year.
We have 1 open position for Corporate & CRE Underwriter for an International Bank Based in Harrow. MAIN RESPONSIBILITY Processing and underwriting of Corporate, Commercial Retail Estate proposals & personal loans. JOB RESPONSIBILITY Underwriting of Corporate & CRE Credit proposals and personal loans and ensuring successful execution of the transactions being pursued along with related client & introducer relationship management. Manage the assessment and processing of lending proposals from the business team, and presentation of proposals to Sanctioning Committee. Operational responsibility for the annual review process for all existing credit portfolio loans to ensure that all borrowing requirements and covenants are being adhered to. Manage the review, assessment, investigation and minimising of credit risks associated with loan applications in accordance with the Banks operating policies and procedures. Undertake site visits as required. Liaise with the Originations team to agree a clear rationale for agreeing or rejecting applications, prior to processing. Monitoring of existing loan portfolio, identifying early arrears or potential problem accounts and making necessary recommendations. Ensure the credit decisions are made within regulatory standards and adhere to TCF principles and Customer First standards. To provide support to the CCO in all operational areas of the Credit Department. Liaising with Solicitors / Valuation Firms for end to end solution for credit proposals Presentation to Risk Committee and other UK management committees for introduction and renewal of new / existing products
Corporate & CRE Underwriter employer: Quantum Group
Contact Detail:
Quantum Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Corporate & CRE Underwriter
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and understanding their values. We want to show that we’re not just a good fit for the role, but also for the company culture. Tailor your answers to reflect their mission and goals.
✨Tip Number 3
Practice makes perfect! Do mock interviews with friends or use online resources to get comfortable with common questions. The more we practice, the more confident we’ll be when it’s our turn in the hot seat.
✨Tip Number 4
Don’t forget to follow up after interviews! A quick thank-you email can go a long way in keeping us top of mind. Plus, it shows our enthusiasm for the position and appreciation for their time.
We think you need these skills to ace Corporate & CRE Underwriter
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Corporate & CRE Underwriter role. Highlight relevant experience in underwriting and credit assessment, and don’t forget to showcase your relationship management skills!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this position. Mention specific experiences that relate to the job responsibilities, like managing lending proposals or liaising with teams.
Showcase Your Analytical Skills: As an underwriter, strong analytical skills are key. In your application, provide examples of how you've assessed credit risks or managed loan portfolios in the past. Numbers and results speak volumes!
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 ensure it gets the attention it deserves. Don’t miss out!
How to prepare for a job interview at Quantum Group
✨Know Your Numbers
As a Corporate & CRE Underwriter, you'll be dealing with numbers all day. Brush up on your financial analysis skills and be ready to discuss how you assess credit risks and evaluate loan proposals. Familiarise yourself with key metrics and ratios that are relevant to underwriting.
✨Understand the Regulatory Landscape
Make sure you’re well-versed in the regulatory standards that govern lending practices. Be prepared to discuss how you ensure compliance with TCF principles and other regulations in your previous roles. This shows you take the responsibilities seriously and understand the importance of adhering to guidelines.
✨Showcase Your Relationship Management Skills
This role involves liaising with various teams and clients, so highlight your experience in relationship management. Prepare examples of how you've successfully managed client relationships or collaborated with teams to achieve common goals. This will demonstrate your ability to work effectively in a team-oriented environment.
✨Prepare for Scenario Questions
Expect scenario-based questions where you might need to explain how you would handle specific underwriting situations. Think about past experiences where you had to make tough decisions regarding loan approvals or risk assessments. Practising these scenarios can help you articulate your thought process clearly during the interview.