Company Overview:
The Firm is a leading UK-focussed bridging lender who offer flexible financial products designed to help clients navigate property transactions, whether for investment or development. As part of ongoing growth and an active pipeline, they are looking for a highly motivated and detail-oriented Junior Underwriter to join the team in London.
Role Overview:
We are seeking a Junior Underwriter with a keen interest in bridging finance to support our underwriting team in assessing property loans across the UK. As a Junior Underwriter, you will play a critical role in the evaluation of loan applications, ensuring that each deal meets the company’s risk and compliance criteria. This is a fantastic opportunity for someone looking to grow their career within the fast-paced world of property finance.
Key Responsibilities:
* Loan Assessment: Review and assess bridging loan applications, including property valuations, financials, and borrower profiles.
* Risk Analysis: Assist senior underwriters in evaluating risk factors, ensuring that all loans comply with company policy and regulatory requirements.
* Documentation Review: Verify and analyse key loan documentation, including title deeds, contracts, and proof of income.
* Communication: Liaise with clients, brokers, and solicitors to gather necessary information and clarify any queries related to loan applications.
* Market Knowledge: Stay up-to-date with the UK property market trends, including market conditions, property types, and legal considerations that may impact bridging finance.
* Reporting: Prepare underwriting reports and presentations for senior management and other stakeholders as required.
* Compliance: Ensure adherence to all regulatory guidelines, company policies, and best practices in underwriting.
* Portfolio Monitoring: Assist in the ongoing management of loan portfolios, tracking performance, and flagging potential risks or defaults.
* Support and Learning: Work alongside senior underwriters and other team members to develop underwriting expertise and grow within the role.