At a Glance
- Tasks: Shape lending decisions and assess development finance applications in a dynamic environment.
- Company: Highly respected specialist property lender with a strong reputation.
- Benefits: Competitive salary, performance bonus, private healthcare, and hybrid working.
- Other info: Collaborative culture where your expertise is valued and career growth is supported.
- Why this job: Make a real impact on complex transactions and influence lending outcomes.
- Qualifications: Proven experience in underwriting development finance and strong analytical skills.
The predicted salary is between 70000 - 90000 £ per year.
If you’re an experienced Development Finance Underwriter looking for greater influence, visibility and exposure to complex transactions, this could be worth a conversation.
We’re working exclusively with a highly respected specialist property lender that has built an excellent reputation within the development finance market. Following a period of sustained growth, they are looking to appoint a Senior Development Finance Underwriter to join their high-performing team.
This is an opportunity to move beyond simply processing credit papers. You’ll be trusted to shape lending decisions, challenge assumptions, and work closely with experienced originators, credit professionals and senior stakeholders on a diverse range of development finance transactions.
The Role
You’ll take ownership of the underwriting process from initial assessment through to credit approval, supporting residential, mixed-use and commercial development transactions across the UK.
Key responsibilities include:
- Assessing and underwriting development finance applications
- Reviewing development appraisals, build costs, cashflows and exit strategies
- Conducting detailed borrower, sponsor and project due diligence
- Preparing and presenting lending recommendations to Credit Committee
- Identifying key risks and proposing appropriate mitigants
- Working closely with Relationship Directors and Origination teams to structure transactions
- Supporting the successful completion and ongoing performance of facilities
- Building strong relationships with brokers, developers, valuers, surveyors and legal partners
About You
We’re looking for someone who combines strong technical underwriting ability with sound commercial judgement. You’ll ideally bring:
- Proven experience underwriting development finance transactions.
- Strong understanding of property development, construction and lending risk.
- Experience reviewing development appraisals and financial models.
- Excellent credit analysis and report writing skills.
- The confidence to challenge and influence lending decisions.
- A pragmatic, solutions-focused approach.
- Strong communication and stakeholder management skills.
What’s On Offer?
- £70,000 - £90,000 base salary.
- Performance-related bonus.
- Private healthcare.
- Pension contribution.
- Hybrid working.
- Professional development and career progression opportunities.
- Exposure to high-quality transactions and experienced industry professionals.
- A collaborative, entrepreneurial culture where your opinion genuinely matters.
Why Join?
This is a business where underwriters are valued as commercial partners, not just gatekeepers. You’ll have direct exposure to decision-makers, the opportunity to influence lending outcomes, and the chance to work on interesting, complex transactions within a supportive and ambitious environment.
If you’re looking for a role where your expertise is recognised and your contribution genuinely makes an impact, we’d love to hear from you. Apply in confidence for a confidential discussion.
Senior Development Finance Underwriter in City of London employer: Stride Recruitment
Join a highly respected specialist property lender in London, where your expertise as a Senior Development Finance Underwriter will be valued and recognised. Enjoy a collaborative and entrepreneurial work culture that fosters professional growth, offering exposure to complex transactions and direct influence on lending decisions. With a competitive salary, performance bonuses, private healthcare, and hybrid working options, this is an excellent opportunity for those seeking meaningful and rewarding employment.
