Bridging Finance Underwriter

M2 Professional Recruitment Services Ltd; Manchester; On-site; GBP 40,000 - 55,000; Full time

Job summary

A leading independent funder in Manchester is seeking an experienced Bridging Underwriter. In this role, you will underwrite bridging loan applications, ensure quality lending decisions, and resolve underwriting queries while maintaining excellent customer service. The ideal candidate will have a background in bridging or short-term lending, a pragmatic underwriting approach, and an understanding of organised fraud prevention measures.

Qualifications

• Experience gained with a lender preferred.
• Ability to work flexibly and proactively.
• Familiarity with current best practice and regulatory requirements.

Responsibilities

• Underwrite bridging loan applications within lending criteria.
• Resolve all underwriting queries and issues.
• Mitigate risks associated with loan applications.
• Provide excellent customer service.
• Maintain clear communication internally and externally.
• Keep internal systems updated.

Skills

Bridging or short-term lending underwriting experience

Experience of underwriting regulated loans

Detailed understanding of organised fraud

Pragmatic approach to underwriting

Job description

Overview

An excellent opportunity has arisen for an experienced Bridging Underwiter within a leading independent funder based in Manchester.

Key Responsibilities

• Underwrite bridging loan applications within company lending criteria and funding partners guidelines by making quality lending decisions and articulate them 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.
• 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 o...