Bridging Underwriter

Nouvo Recruitment; Watford; On-site; GBP 35,000 - 50,000; Full time

Job summary

A recruitment agency is seeking a Bridging Underwriter based in Watford, UK. The successful candidate will underwrite bridging loan applications, manage case pipelines, and maintain communication with various stakeholders. Experience with FCA regulated loans and a strong understanding of compliance is essential. This role requires excellent attention to detail and the ability to work under tight deadlines.

Qualifications

• Experience of underwriting bridging finance loans including FCA regulated loans and development finance.
• Excellent understanding of compliance aspects of the role including the regulatory environment and Consumer Duty principles.
• Ability to adopt a pragmatic approach to underwriting.

Responsibilities

• Underwrite bridging loan applications within company lending criteria.
• Manage a pipeline of bridging cases and prioritise accordingly.
• Maintain a high level of communication with interested parties.
• Work closely with other departments including sales, compliance, finance and collections.

Job description

Overview

Our client, a successful bridging loan company based in Watford is growing year on year and due to this, they are looking for a Bridging Underwriter, ensuring all loans are processed in accordance with the company's lending policies and procedures.

Key Responsibilities

• Underwrite bridging loan applications within company lending criteria by making quality lending decisions
• Manage a pipeline of bridging cases and prioritise accordingly
• Always maintain a high level of communication with interested parties including brokers, applicants, surveyors and solicitors
• Work closely with other departments within the company including sales, compliance, finance and collections
• Maintain oversight of a loan post completion and follow up on any offer conditions prior to handing the loan to collections
• Keep up to date with current best practice and regulatory requirements
• Keep all records up to date
• Represent the company at events as required
• Attend broker training sessions

Key Competencies

• Experience of underwriting bridging finance loans including FCA regulated loans and development finance
• Excellent understanding of compliance aspects of the role including the regulatory environment and Consumer Duty principles
• Ability to adopt a pragmatic approach to underwriting
• Commercially aware
• Excellent attention to detail
• Ability to work to tight timeframes
• Proactive
• Strong team player

Due to a very high number of applications, we are unable to come back to every candidate with feedback. If you do not hear from us within 48 hours, please assume that you have been unsuccessful on this occasion. Your CV will be registered with us, and we will keep you updated with any other positions that may be of interest. However please keep checking our website as new roles will be updated daily, Nouvo Recruitment London wishes you the best of luck in your job search.

Nouvo Recruitment London operate as an independent recruitment agency with over 20 years of experience supporting clients and candidates nationally across the UK