Bridging Underwriter

Stellar Select; Remote; GBP 42,000 - 50,000; Full time

Job summary

A financial services agency is seeking a Bridging Underwriter to manage short-term property finance applications. The ideal candidate will have a minimum of 2 years' experience in underwriting bridging or refurbishment loans. Responsibilities include assessing loan applications, conducting comprehensive risk assessments, and ensuring compliance with company policies. The role offers competitive compensation of up to £50,000 per annum and various employee benefits, including 25 days annual leave plus bank holidays, and options for flexible vacation days.

Benefits

25 days annual leave plus bank holidays

Option to buy/sell holidays

Car parking benefits

Death in service benefit

Employee Assistance Programme

Qualifications

• Minimum of 2 years' experience underwriting short-term bridging loans and/or refurbishment finance.
• Strong understanding of property valuations and legal conveyancing.
• Good knowledge of AML, KYC practices.

Responsibilities

• Review and underwrite bridging and refurbishment finance applications.
• Conduct risk assessments, including borrower background checks and asset analysis.
• Liaise with solicitors, brokers, valuers, and borrowers to progress applications.

Skills

Bridging loans underwriting

Refurbishment finance knowledge

Risk assessment

Financial statement interpretation

Commercial acumen

Job description

Job title: Bridging Underwriter

Location: Remote

Salary: Up to 50,000 per annum (depending on experience)

Hours: Monday to Friday, 9 am to 5:30 pm

Benefits

• 25 days annual leave, plus bank holidays; increasing by 1 day per year worked, up to a maximum 30 days


• Option to buy/sell up to 3 days' holiday


• Death in Service at 4 x salary (from day one of employment)


• 5-year, 10-year and 15-year excellent service awards


• Car parking (limited onsite or, if offsite, cost of parking refunded)


• Employee Assistance Programme


• Active charity support (non-mandatory)


• Monthly mindfulness sessions


• Complimentary Christmas/summer parties/Team evenings and social events


• Company BBQs on HQ sun terrace


• Daily fruit bowl, healthy snacks, and coffee machine/tea


• Paddleboards for free hire/Office table tennis.


• Workplace pension scheme

About the Role of Bridging Underwriter

As a Bridging and Refurbishment Underwriter, you will be responsible for assessing, structuring, and managing short-term property finance applications, underwriting bridging and refurbishment loans in line with the company's credit policy, lending criteria, and risk appetite. Candidates should have proven experience in bridging and/or refurbishment lending, with a minimum of two years' underwriting experience within specialist property finance preferred.

Responsibilities for the position of Bridging Underwriter

• Review and underwrite bridging and refurbishment finance applications from initial enquiry through to completion.


• Conduct full risk assessments, including borrower background checks, asset analysis, exit strategy, credit history, and AML compliance.


• Analyse and assess valuation reports, contractor quotes, cost schedules, and development appraisals to ensure project viability.


• Liaise with solicitors, brokers, valuers, borrowers, and internal teams to progress applications efficiently and accurately.


• Work closely with surveyors and asset managers to assess the feasibility of refurbishment projects and monitor works.


• Identify, assess, and mitigate risks relating to borrowers, property, legal, or market exposure.


• Present complex cases with clarity to credit or risk committees, making lending recommendations within delegated authority.


• Ensure adherence to internal policies, underwriting standards, and AML requirements.


• Maintain accurate and timely records within internal systems, ensuring effective audit trails.


• Support continuous improvement by providing feedback on lending criteria, operational processes, and risk management.

Experience required for the position of Bridging Underwriter

• Minimum of 2 years' experience underwriting short-term bridging loans and/or refurbishment finance.


• Strong understanding of property valuations, legal conveyancing, and development/refurbishment cost assessments.


• Good working knowledge of AML, KYC, and due diligence practices.


• Commercial acumen with the ability to assess deals beyond standard "tick-box" underwriting.


• Proficient in interpreting financial statements, credit reports, and legal documentation.

For more information regarding the role of Bridging Underwriter, please contact us.

Stellar Select is acting as an employment agency and is a corporate member of the REC.

Due to a high volume of applications, we will only contact you if your application has been successful. We aim to contact all successful contacts within two business days.