Development Finance Underwriter

Fintelligent Search; Euston; Hybrid; GBP 70,000 - 75,000; Full time

Job summary

A leading property lender in London is seeking a skilled Development Finance Underwriter to join their team. This role promises hands-on underwriting experience in a dynamic, fast-paced environment, offering hybrid working and clear career progression opportunities. The ideal candidate will bring expertise in development finance and a proven ability to thrive in a high-volume setting.

Benefits

Hybrid working arrangements

Opportunities for progression

Direct access to decision-makers

Supportive team culture

Qualifications

• Experience underwriting within development finance.
• Excellent knowledge of development and bridging finance in the UK market.
• Experience in analysing development appraisals and complex lending structures.

Responsibilities

• Underwriting loans across development and bridging finance.
• Conducting due diligence on borrowers, assets, and exit strategies.
• Preparing well-structured credit papers.

Skills

Communication

Attention to Detail

Risk Mitigation

Analytical Skills

Job description

Are you an experienced Underwriter looking for an exciting opportunity in London? Our client, a well-backed and fast-growing property lender, is seeking a Development Finance Underwriter to join their dynamic team. With a solid pipeline of deals and a diverse portfolio, this role offers the chance to dive into a hands-on underwriting position in a bustling credit environment.

This role offers a salary of 70,000 - 75,000 per year, along with the chance to work in a high-volume, fast-paced environment with direct access to decision-makers. You'll enjoy hybrid working arrangements and be part of a supportive team culture with clear opportunities for career progression.

Our client is a dynamic force in the world of property lending, carving out a niche in the UK commercial real estate market. With the robust support of institutional investors and a strategic warehouse line, the company is experiencing remarkable growth.

As a Development Finance Underwriter, you'll be responsible for:

• Underwriting loans across development and bridging finance.
• Conducting due diligence on borrowers, assets, and exit strategies.
• Reviewing development appraisals, borrower financials, and cash flows.
• Preparing concise and well-structured credit papers.
• Collaborating with originators, case managers, valuers, solicitors, and surveyors.
• Identifying and mitigating risks to support credit committee recommendations.

Package and Benefits:

The Development Finance Underwriter role comes with:

• Annual salary of 70,000 - 75,000.
• Hybrid working arrangements.
• Opportunities for progression as the platform scales.
• Direct access to decision-makers and the credit committee.
• A supportive team culture.

The ideal Development Finance Underwriter will have:

• Experience underwriting within development finance.
• Excellent knowledge of development and bridging finance in the UK market.
• Experience in analysing development appraisals and complex lending structures.
• Excellent communication skills and attention to detail.
• Ability to thrive in a lean, fast-paced, high-volume environment.

If you're experienced in real estate lending, underwriting, credit analysis, or have a background in development finance, bridging finance, or mezzanine finance, this Development Finance Underwriter role could be perfect for you. Consider applying if you have experience in any of these areas.

This is a fantastic opportunity for a skilled Underwriter to join a thriving property lender in London. If you're ready to take on a challenging and rewarding role, apply now to become a Development Finance Underwriter with our client.