At a Glance
- Tasks: Assess and manage short-term property finance applications with a focus on bridging and refurbishment loans.
- Company: Join a dynamic team in a remote-friendly environment with a strong focus on employee well-being.
- Benefits: Enjoy 25 days annual leave, health perks, and fun team events like BBQs and parties.
- Other info: Great career growth opportunities and a vibrant workplace culture await you!
- Why this job: Make a real impact in property finance while developing your skills in a supportive setting.
- Qualifications: Minimum two years' experience in underwriting bridging or refurbishment loans required.
The predicted salary is between 42000 - 58000 £ per year.
Location: Remote
Salary: Up to 50,000 per annum (depending on experience)
Hours: Monday to Friday, 9 am to 5:30 pm
Benefits:
- 25 days annual leave, plus bank holidays; increasing by 1 day per year worked, up to a maximum of 30 days
- Option to buy/sell up to 3 days' holiday
- Death in Service at 4 x salary (from day one of employment)
- 5-year, 10-year and 15-year excellent service awards
- Car parking (limited onsite or, if offsite, cost of parking refunded)
- Employee Assistance Programme
- Active charity support (non-mandatory)
- Monthly mindfulness sessions
- Complimentary Christmas/summer parties/Team evenings and social events
- Company BBQs on HQ sun terrace
- Daily fruit bowl, healthy snacks, and coffee machine/tea
- Paddleboards for free hire/Office table tennis
- Workplace pension scheme
About the Role:
As a Bridging and Refurbishment Underwriter, you will be responsible for assessing, structuring, and managing short-term property finance applications, underwriting bridging and refurbishment loans in line with the company's credit policy, lending criteria, and risk appetite. Candidates should have proven experience in bridging and/or refurbishment lending, with a minimum of two years' underwriting experience within specialist property finance preferred.
Responsibilities:
- Review and underwrite bridging and refurbishment finance applications from initial enquiry through to completion.
- Conduct full risk assessments, including borrower background checks, asset analysis, exit strategy, credit history, and AML compliance.
- Analyse and assess valuation reports, contractor quotes, cost schedules, and development appraisals to ensure project viability.
- Liaise with solicitors, brokers, valuers, borrowers, and internal teams to progress applications efficiently and accurately.
- Work closely with surveyors and asset managers to assess the feasibility of refurbishment projects and monitor works.
- Identify, assess, and mitigate risks relating to borrowers, property, legal, or market exposure.
- Present complex cases with clarity to credit or risk committees, making lending recommendations within delegated authority.
- Ensure adherence to internal policies, underwriting standards, and AML requirements.
- Maintain accurate and timely records within internal systems, ensuring effective audit trails.
- Support continuous improvement by providing feedback on lending criteria, operational processes, and risk management.
Experience required:
- Minimum of 2 years' experience underwriting short-term bridging loans and/or refurbishment finance.
- Strong understanding of property valuations, legal conveyancing, and development/refurbishment cost assessments.
- Good working knowledge of AML, KYC, and due diligence practices.
- Commercial acumen with the ability to assess deals beyond standard "tick-box" underwriting.
- Proficient in interpreting financial statements, credit reports, and legal documentation.
For more information regarding the role, please contact us.
Bridging Underwriter employer: Stellar Select
Stellar Select is an excellent employer, offering a supportive work culture that prioritises employee well-being and professional growth. With a hybrid work arrangement in the picturesque setting of Oxfordshire, employees benefit from a comprehensive healthcare cash plan, generous holiday allowance, and continuous development opportunities, making it a rewarding place to build a career in mortgage arrears management.
StudySmarter Expert Advice🤫
We think this is how you could land Bridging Underwriter
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Stellar Select. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Bridging Underwriter
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Stellar Select.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Stellar Select's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Stellar Select
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Stellar Select.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Stellar Select will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Stellar Select employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
