Bridging Underwriter

Stellar Select; Bletchley; On-site; GBP 54,000 - 66,000; Full time

Benefits offered by this job

Bonus up to 10%

Life Insurance

Private Medical

Holiday 33 days

Pension

Wellbeing support

Development & progression

Job summary

Stellar Select in Milton Keynes is seeking an experienced Bridging Finance Underwriter to join our growing specialist lending team. You will assess and underwrite bridging loan applications, manage cases from application to funding, and work closely with introducers and solicitors.

The role offers hybrid working (3 days in the office, 2 days home), salary up to £60,000 depending on experience, and benefits including a bonus up to 10%, life insurance, private medical, and generous holiday.

Qualifications

• 2+ years' experience underwriting bridging finance within a specialist lender.
• Understanding of the bridging lifecycle from application to completion and funding.
• Proven ability to assess risk and produce clear, concise credit rationales.

Responsibilities

• Assess and underwrite new bridging finance applications in line with lending policy.
• Review credit searches, valuations, Land Registry reports and supporting documentation.
• Prepare clear and concise credit rationales and lending recommendations.
• Manage a pipeline of cases from application through to completion.
• Liaise with solicitors, introducers and other stakeholders.
• Assist with new enquiries and provide heads of terms.
• Maintain accurate records and ensure compliance with lending policies.
• Contribute to ongoing business improvement initiatives.
• Deliver a proactive, first-class service to all stakeholders.

Skills

Underwriting

Bridging loans

Credit risk

Valuations

Due diligence

Intermediary liaison

Job description

Job Title: Bridging Finance Underwriter

Location: Milton Keynes Hybrid 3 days WFH

Salary: Up to 60,000 depending on experience

Hours: Monday to Friday 9 am to 5 pm

Benefits:

• Bonus: Up to 10%
• Life Insurance: 4x salary
• Private Medical: Vitality
• Holiday: 33 days
• Pension: Competitive contributions
• Wellbeing: Mental & physical support
• Development: Training & progression

About the role of Bridging Finance Underwriter:

We are recruiting for an experienced Bridging Finance Underwriter to join a growing specialist finance business in Milton Keynes. The successful candidate will assess and underwrite bridging finance applications in line with credit risk policy, while managing cases from application through to completion and supporting intermediary partners with new enquiries.

Responsibilities required for the role of Bridging Finance Underwriter:

• Assess and underwrite new bridging finance applications in line with lending policy.
• Review credit searches, valuations, Land Registry reports and supporting documentation.
• Prepare clear and concise credit rationales and lending recommendations.
• Manage a pipeline of cases from application through to completion.
• Liaise with solicitors, introducers and other stakeholders.
• Assist with new enquiries and provide heads of terms.
• Maintain accurate records and ensure compliance with lending policies.
• Contribute to ongoing business improvement initiatives.
• Deliver a proactive, first-class service to all stakeholders.

Experience required for the role of Bridging Finance Underwriter:

• Essential - 2+ years' experience underwriting bridging finance within a specialist lender.
• Understanding of the bridging lifecycle, from application and credit assessment through to completion and funding.
• Proven ability to assess risk and produce clear, concise credit rationales.
• Experience managing a case pipeline through to completion.
• Strong knowledge of valuations, credit searches and lending due diligence.
• Highly advantageous: Experience in refurbishment or development finance.
• Highly advantageous: Experience with structured lending or drawdown facilities.

Stellar Select is acting as an employment agency in relation to this vacancy.