Details:
- Salary: £40,000 - 50,000 - Annum
- Job Type: Permanent
- Job Status: Full-Time
- Salary Per: Annum
- Location: City of Westminster Greater London
- Date: 2 weeks ago
Description:
Bridging Finance Underwriter
£40-50k + Bonuses + Hybrid Working Pattern
Location: Mayfair
Key Responsibilities:
- Review and analyze loan applications, assessing borrower creditworthiness, property value, and risk factors
- Conduct comprehensive due diligence on loan transactions, including property appraisals and legal documentation
- Determine loan terms, including loan amounts, interest rates, and repayment schedules, based on risk assessment and company guidelines
- Collaborate with sales and operations teams to expedite loan approvals and closings
- Communicate effectively with borrowers, brokers, and other stakeholders to gather necessary information and resolve issues
- Stay informed about market trends, regulatory changes, and industry best practices related to bridging finance
Requirements:
- Previous experience in underwriting role, preferably in the bridging finance or mortgage industry
- Strong analytical and decision-making skills, with attention to detail
- Excellent communication and interpersonal skills, with the ability to work effectively in a team environment
- Familiarity with regulatory requirements and compliance standards for lending products
- Proficiency in financial analysis and risk assessment techniques