Credit Underwriter – Asset Finance

CBC Resourcing Solutions; Chester; Hybrid; GBP 72,000 - 88,000; Full time

Job summary

CBC Resourcing Solutions is representing a central Chester bank seeking an experienced Credit Underwriter to join their hybrid team. The successful candidate will manage underwriting with due diligence and respond promptly to bridging finance requests from brokers and applicants.

You will make lending decisions in line with credit risk policy, comply with FCA, PRA and anti-money-laundering rules, progress cases from DIP to drawdown with internal sales, and prepare detailed Credit Papers for the

Qualifications

• Extensive experience in property underwriting.
• Strong ability to assess risk and make lending decisions.

Responsibilities

• Manage underwriting with due diligence.
• Respond to bridging finance requests from brokers/applicants.
• Make lending decisions per credit risk policy.
• Adhere to FCA, PRA, AML and data protection rules.
• Progress cases from DIP to drawdown with internal sales.
• Prepare Credit Papers for Credit Committee.

Skills

Underwriting

Job description

Credit Underwriter

Chester - hybrid

To £80,000 plus bonus and benefits

Our client is an award winning bank providing a broad range of products to their customers. Well established and based in central Chester they are looking to recruit an experienced Underwriter to join their growing team.

The successful candidate will;

• Manage the underwriting with due diligence
• Proactively respond to requests for bridging finance from brokers/applicants.
• Make lending decisions in line with Credit Risk Policy and individual mandate level.
• Adhere to internal underwriting policy and regulatory requirements - FCA, PRA, Money Laundering, Prevention of Financial Crime, Data Protection, etc.
• Work with Internal Sales to progress cases from DIP to drawdown.
• Prepare detailed Credit Papers with all appropriate conditions and presenting the proposition to Credit Committee.
• Instruct valuers and solicitors.
• Follow sanction from the Credit Committee, preparing the offer letter and accompanying documents and being proactive in ensuring that all loan conditions have been met and the case moves efficiently to drawdown.
• Ensure that information concerning each loan is accurately and comprehensively entered in to the Bank's electronic systems, both prior to and upon drawdown.

It is essential that you have previous underwriting experience within a property environment.