Bridging Underwriter

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

Job summary

A leading recruitment agency is looking for a Bridging Underwriter to manage short-term property finance applications. This remote role requires at least 2 years' experience in bridging or refurbishment lending and involves assessing risk, maintaining records, and collaborating with various stakeholders. The ideal candidate should have strong knowledge of property valuations and AML practices, as well as the ability to interpret financial statements. Competitive salary and excellent benefits including annual leave and professional development opportunities are offered.

Benefits

25 days annual leave plus bank holidays

Option to buy/sell up to 3 days' holiday

Death in Service at 4 x salary

Employee Assistance Programme

Workplace pension scheme

Qualifications

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

Responsibilities

• Review and underwrite bridging and refurbishment finance applications.
• Conduct full risk assessments, including borrower checks and credit history.
• Liaise with solicitors, brokers, and internal teams for efficient application processing.

Skills

Bridging and refurbishment lending experience

Understanding of property valuations

Knowledge of AML and KYC practices

Commercial acumen

Proficiency in financial statement analysis

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.