Credit Manager / Bridging Underwriter
London
Up to £70,000pa


We are working with a fast-growing specialist bridging and development lender, who are looking for an experienced Credit Manager to join the team.
Responsibilities:The role is based in the office, and your day to day will consist of the following:
*Liaising with colleagues, borrowers and brokers to gather transaction related information
*Making or recommending a decision to support or decline a deal
*Undertaking pre and post disbursement monitoring and due diligence
*Preparing and presenting credit papers for Credit Committee approval
*Post sanction preparing Heads of Terms and accompanying documents
*Reviewing valuation and project monitors’ reports and challenging these where necessary
*Proactively ensuring that all facility conditions precedent to first drawdown have been met and the case has moved efficiently to completion, liaising with solicitors and surveyors if needed
*Managing expectations and deadlines whilst providing an excellent service to encourage repeat business
*At all times adhering to internal and external credit policies and regulatory requirements
*Ensuring all relevant data for each loan is accurately and comprehensively entered into the CRM system, both before and upon drawdown
Skills and experience: 1
*Previous bridging and development underwriting or lending experience gained in an intermediary focussed environment, preferably at a specialist lender or a challenger bank
*Familiarity with reviewing valuation reports, project monitor reports, development appraisals, property portfolio schedules and cashflows
*An in-depth understanding of the regulatory requirements (KYC, AML, SOF, SOW etc.)
*Able and willing to communicate effectively with borrowers, brokers, surveyors, solicitors and colleagues