Development Finance Underwriter: Loan Approvals & Risk

Gbs Uk; Greater London; On-site; GBP 45,000 - 60,000; Full time

Job summary

A financial services company in Greater London is seeking a Development Underwriter to process refurbishment and development finance applications. The successful candidate will manage a pipeline of development cases, underwrite loan applications according to lending criteria, and maintain communication with borrowers. The ideal applicant will have strong experience in underwriting development finance loans and possess excellent interpersonal skills. This role is crucial for making quality lending decisions and ensuring compliance with regulatory standards.

Qualifications

• Strong experience of underwriting development finance loans, preferably including FCA regulated loans.
• Experience managing people is useful.
• Excellent understanding of compliance aspects of the role including the regulatory environment and TCF principles.
• Ability to adopt a pragmatic approach to underwriting.
• Commercially aware.
• Excellent interpersonal and communication skills.
• Strong team player.

Responsibilities

• Manage a pipeline of development cases for initial completions and subsequent drawdowns and prioritise accordingly.
• Underwrite loan applications within company lending criteria by making quality lending decisions.
• Manage completed development loans and keep in regular contact with borrowers to identify issues at any early stage and seek out future business opportunities.
• Be vigilant when working on cases and refer where necessary to the appropriate person.
• Always maintain a high level of communication with interested parties including brokers, applicants, surveyors and solicitors.
• Maintain a high level of customer service with those internally and externally.

Job description

A financial services company in Greater London is seeking a Development Underwriter to process refurbishment and development finance applications. The successful candidate will manage a pipeline of development cases, underwrite loan applications according to lending criteria, and maintain communication with borrowers. The ideal applicant will have strong experience in underwriting development finance loans and possess excellent interpersonal skills. This role is crucial for making quality lending decisions and ensuring compliance with regulatory standards.