At a Glance
- Tasks: Join us as a Bridging Finance Underwriter, analysing financial documents and managing loan applications.
- Company: Wey Bridging Finance is a dynamic property lending business offering short-term loans in the UK market.
- Benefits: Enjoy a flexible work schedule with Fridays remote, competitive salary, and a supportive team environment.
- Other info: Opportunity to build relationships with brokers and clients while enhancing your analytical skills.
- Why this job: Be part of an exciting growth phase, making impactful lending decisions in a fast-paced industry.
- Qualifications: Minimum 2 years' experience in bridging or development finance underwriting required.
The predicted salary is between 39000 - 52000 £ per year.
Job Description
Full Time - Four days in the office, Fridays working from home
£45,000 - £50,000 Experience dependant
Minimum 2 year’s experience in the property lending services.
Due to exciting growth and expansion, a fantastic opportunity has arisen for an experienced Bridging lending Underwriter to join specialist property lending business, Wey Bridging Finance, in Surrey. Focussing on bridging finance, you will be working closely with clients, brokers and internal teams to streamline the underwriting process. Candidates must have underwriting experience within bridging and/or development finance.
Wey Bridging Finance provides short-term unregulated loans to both businesses and individuals. We use our own capital to directly lend to the UK property market. Our lending solutions are ideal for property owners, developers and businesses. As we are a privately funded lender, we can complete transactions within days of the initial enquiry.
Duties of the Underwriter to include:
- Responsible for conducting comprehensive analysis of financial documents, credit histories, and property appraisals to make informed lending decisions.
- Manage personal loan pipeline, adhering to SLAs, conducting KYC, AML, and due diligence checks.
- Review legal documents, valuation reports, and perform key checks (land registry, credit).
- Underwrite loan applications following credit risk policy, assess risks across the property cycle, and support decisions on loan values and terms.
- Present loan funding proposals to Head of Lending and assist senior team with complex cases.
- Ensure fraud prevention, support the loan offer process, and execute transactions within agreed timelines.
- Help build and manage a network of brokers and borrowers, providing ongoing contact and exceptional customer service.
- Communicate with external stakeholders during the loan funding process.
- Attend meetings, share best practices, and act as a company ambassador.
Requirements for the successful Underwriter:
- Previous experience working within bridging and/or development finance underwriting.
- Strong attention to detail with ability to identify and assess risks accurately and effectively.
- Excellent communication abilities with strong written and verbal skills.
- Strong MS Excel abilities.
- Excellent organisations skills and ability to prioritise and manage multiple tasks as part of a busy workload.
- Action new lending requests for bridging loans and analyse credit worthiness.
- Prepare credit proposals for submission to the Credit Committee.
- Preparing offer documentation and ensuring all loan conditions are met throughout the drawdown process.
- Underwrite and approve loans against agreed lending criteria.
- Handling broker calls on specific cases under review; manage customer expectations.
- Liaising with internal departments and stakeholders to effectively manage the lending process.
- Excellent analytical skills.
- Ability to structure transactions based upon market sector, asset and security.
- Ability to plan, organise, prioritise and manage time.
- Creative thinker and willing to work in an agile growing company.
Bridging Finance Underwriter in Weybridge employer: Wey Bridging Finance Ltd
Wey Bridging Finance is an exceptional employer that prioritises employee growth and a collaborative work culture, offering a flexible working arrangement with four days in the office and Fridays from home. With a focus on bridging finance, employees benefit from a dynamic environment where they can enhance their underwriting skills while contributing to meaningful lending solutions for clients across the UK property market. The company fosters a supportive atmosphere, encouraging innovation and providing opportunities for professional development as it continues to expand in the thriving Surrey region.
StudySmarter Expert Advice🤫
We think this is how you could land Bridging Finance Underwriter in Weybridge
✨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 Wey Bridging Finance Ltd. 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 Finance Underwriter in Weybridge
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 Wey Bridging Finance Ltd.
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 Wey Bridging Finance Ltd'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 Wey Bridging Finance Ltd
✨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 Wey Bridging Finance Ltd.
✨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 Wey Bridging Finance Ltd 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 Wey Bridging Finance Ltd 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.
