Bridging Underwriting Manager

JR United Kingdom; Slough; On-site; GBP 50,000 - 70,000; Full time

Job summary

A leading financial services provider in Slough is seeking a Senior Bridging Underwriter to manage their underwriting team and ensure effective risk management. You will be responsible for developing processes, making underwriting decisions, and overseeing loan applications. Ideal candidates should have prior experience in financial services, especially in bridging finance, and demonstrate strong analytical and management skills.

Qualifications

• Previous underwriting experience within Financial Services, ideally in bridging finance.

Responsibilities

• Manage the underwriting team to ensure delivery of business objectives.
• Develop and implement underwriting processes.
• Make underwriting decisions in line with company’s credit risk appetite.

Skills

Underwriting experience

Risk management

Analytical thinking

Coaching

Job description

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We are currently working with a fast-growing lender that is looking for a Senior Bridging Underwriter to join their friendly, multi-award-winning team.

The Sales and Underwriting teams are expanding to support business growth and continued delivery of exceptional service.

Your main responsibility will be to work within the Underwriting team to ensure effective risk management and the seamless drawdown of funds to borrowers.

Responsibilities:

• Manage the underwriting team to ensure the delivery of business objectives efficiently, including coaching, feedback, target setting, and driving consistency and efficiency across the team.
• Develop and implement underwriting processes.
• Ensure all underwriting is completed competently and in compliance with regulations.
• Make underwriting decisions in line with the company's credit risk appetite.
• Review and assess each case to ensure risks are appropriately evaluated and mitigated where necessary.
• Examine the commercial viability of each application.
• Oversee the underwriting of all loans up to disbursement.
• Delegate applications for underwriting appropriately and proportionately.
• Review applications, including credit reports, wealth assessments, valuations, insurance, and ROT.
• Perform final checks of checklists, rationales, and AML forms.
• Support automation initiatives and scalability efforts.
• Be responsible for the final credit sign-off of each application.
• Assist with internal and external projects related to the business when required.
• Apply analytical and methodical thinking.
• Take ownership of tasks and responsibilities.
• Manage tasks successfully to deliver high-quality service.
• Previous underwriting experience within Financial Services, ideally in bridging finance.