Bridging Finance Underwriter
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Added before 2 Days
- England,South West,Bristol
- Full Time, Permanent
- £50,000 - £65,000 per annum
Job Description:
An exciting opportunity has arisen for a Bridging Underwriter to join a leading provider of Commercial Finance for Businesses, based in the North-West.
Key Responsibilities for the role of Bridging Underwriter
*Working for this growing, blue-chip lender, you will manage a pipeline of cases in a fast-paced environment dealing with busy workflows.
*Underwrite bridging loan applications ranging in size from £100K to circa £4 Million within company lending criteria and funding partners’ guidelines by making quality lending decisions, articulating your decisions fully.
*To be responsible for all underwriting queries and resolution of issues.
*Be alert to the risks attributed to an application ensuring that the loan is both suitable and fit for purpose.
*Recommending appropriate mitigation of risks where possible.
*Ensure that the principles of the Heads of Terms are adhered to, in full, throughout the processing of the application. Recommending alternatives where necessary as a deal progresses.
*Provide excellent customer service.
*Follow and keep up to date with current best practice and regulatory requirements in line with company training.
*Ensure communication between internal departments and with external partners is clear and concise at all times.
*Keep all internal systems up to date.
Required Skills and Experience:
*Bridging or short-term lending and property related lending underwriting experience gained with a lender preferred.
*Experience of underwriting regulated loans preferred.
*Detailed understanding of organised fraud and measures/systems in place to avoid it.
*Ability to adopt a pragmatic approach to underwriting ideally with a specialist lender.
*Able to demonstrate you are proactive, hardworking, flexible and able to work under own initiative but also as a team player.
*Able to prioritise effectively to manage multiple underwriting functions.
*Commercially aware with excellent interpersonal and communication skills.
*Flexible approach to working to meet the needs of the business.
The successful candidate will be rewarded with an excellent salary + bonus + benefits package.
Key Responsibilities for the role of Bridging Underwriter
*Working for this growing, blue-chip lender, you will manage a pipeline of cases in a fast-paced environment dealing with busy workflows.
*Underwrite bridging loan applications ranging in size from £100K to circa £4 Million within company lending criteria and funding partners’ guidelines by making quality lending decisions, articulating your decisions fully.
*To be responsible for all underwriting queries and resolution of issues.
*Be alert to the risks attributed to an application ensuring that the loan is both suitable and fit for purpose.
*Recommending appropriate mitigation of risks where possible.
*Ensure that the principles of the Heads of Terms are adhered to, in full, throughout the processing of the application. Recommending alternatives where necessary as a deal progresses.
*Provide excellent customer service.
*Follow and keep up to date with current best practice and regulatory requirements in line with company training.
*Ensure communication between internal departments and with external partners is clear and concise at all times.
*Keep all internal systems up to date.
Required Skills and Experience:
*Bridging or short-term lending and property related lending underwriting experience gained with a lender preferred.
*Experience of underwriting regulated loans preferred.
*Detailed understanding of organised fraud and measures/systems in place to avoid it.
*Ability to adopt a pragmatic approach to underwriting ideally with a specialist lender.
*Able to demonstrate you are proactive, hardworking, flexible and able to work under own initiative but also as a team player.
*Able to prioritise effectively to manage multiple underwriting functions.
*Commercially aware with excellent interpersonal and communication skills.
*Flexible approach to working to meet the needs of the business.
The successful candidate will be rewarded with an excellent salary + bonus + benefits package.
Job number 3384129
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