At a Glance
- Tasks: Manage lending processes and mentor junior team members in a dynamic property finance environment.
- Company: Join a growing specialist property finance business with a focus on bridging and development finance.
- Benefits: Earn up to £80,000, enjoy a discretionary bonus, and flexible working options.
- Other info: Opportunity for career progression to Chief Risk Officer after probation.
- Why this job: Make an impact in property finance while developing your career and mentoring others.
- Qualifications: Extensive experience in bridging and development finance underwriting is essential.
The predicted salary is between 80000 - 80000 £ per year.
Location
London
Salary
Up to £80,000 + discretionary bonus
Working Pattern
4 days office-based, 1 day WFH
Employment Type
Permanent
Title
Senior Risk Officer, with title subject to review following successful completion of the 6-month probationary period.
The Opportunity
An exciting opportunity has arisen for an experienced Senior Underwriter to join a growing specialist property finance business, with a particular focus on bridging and development finance.
This is a hands-on role suited to an experienced property finance professional who has a strong understanding of bridging & development finance underwriting, origination and the wider lending process.
The successful candidate will work closely with borrowers, brokers, institutional funders and professional advisers, taking responsibility for managing lending processes and ensuring transactions are progressed efficiently and in line with internal policies and regulatory requirements.
The role also offers the opportunity to take on increasing responsibility within the team, including mentoring and managing future junior hires.
Key Responsibilities
- Liaise with borrowers, lenders' solicitors, valuers, quantity surveyors, brokers and internal sales teams to effectively manage the lending process.
- Review and assess application forms, loan documentation, credit reports, valuation reports, bank statements and other relevant financial and property information.
- Conduct appropriate due diligence using resources including Companies House and HM Land Registry.
- Act as a key point of contact for institutional funders, maintaining strong relationships and ensuring effective communication throughout the lending process.
- Prepare indicative terms and loan offer letters.
- Support the onboarding of new investors and prepare investment memorandums for investors.
- Prepare accurate client statements for investors and borrowers.
- Create, maintain and update reporting using Excel.
- Ensure documentation and lending activity are assessed and managed in accordance with internal policies, procedures and relevant regulatory requirements, including GDPR.
- Support the migration of loan data from Excel into the company's loan management system.
- Maintain accurate CRM records, including contacts and pipeline loans.
- Provide regular loan updates and reporting to senior management.
- Attend team meetings and contribute to discussions around lending activity and portfolio progression.
- Mentor and support future junior members of the team as the business continues to grow.
About You
The ideal candidate will be an experienced property finance professional with a strong background in bridging and development finance underwriting.
You will ideally have
- Extensive experience within bridging & development finance underwriting.
- Strong understanding of the full property lending lifecycle.
- Experience assessing complex property finance transactions.
- Strong understanding of development appraisals, valuations, borrower experience, exit strategies and associated lending risks.
- Experience working closely with brokers, borrowers, valuers, solicitors and other professional advisers.
- Strong commercial judgement and ability to assess risk effectively.
- Excellent attention to detail and ability to manage multiple transactions simultaneously.
- Strong Excel and reporting skills.
- Excellent communication and relationship management skills.
- Ability to work independently while also contributing to a collaborative team environment.
- Experience mentoring or supporting junior colleagues would be advantageous.
- What’s on Offer
- Up to £80,000 basic salary
- Discretionary bonus
- 4 days office-based / 1 day working from home
- Opportunity to work within a growing specialist property finance business
- Exposure to both bridging and development finance
- Direct interaction with institutional funders and senior stakeholders
- Opportunity to take on increased responsibility as the team grows
- Future opportunity to mentor and manage junior team members
- Title subject to review following successful completion of the 6-month probationary period to change to Chief Risk Officer.
- The Ideal Background
This role would suit an experienced Bridging/Development Finance Underwriter, Senior Underwriter, Credit Manager, Senior Risk professional or experienced property finance professional who is looking to take on a broader position within a growing specialist lender.
Bridging & Development finance underwriting experience is essential.
Please do not apply if you have no bridging or development underwriting experience.
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Senior Underwriting Manager employer: Stride Recruitment
Join a dynamic team at Darent Valley Hospital, where we prioritise employee well-being and professional growth. With competitive pay, flexible shift patterns, and opportunities for overtime, we foster a supportive work culture that values your contributions and encourages continuous development in the engineering field.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Underwriting Manager
✨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
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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 Stride Recruitment. 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 Senior Underwriting Manager
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 Stride Recruitment.
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 Stride Recruitment'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 Stride Recruitment
✨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 Stride Recruitment.
✨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 Stride Recruitment 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 Stride Recruitment 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.
