Development Underwriter

Nouvo Recruitment; England; On-site; GBP 40,000 - 60,000; Full time

Job summary

A successful finance company in the UK is seeking a Development Underwriter to join their team. The ideal candidate will have strong experience in underwriting development finance loans and excellent communication skills. Responsibilities include underwriting loan applications and maintaining high levels of customer service with all parties involved. This role offers an opportunity to manage a pipeline of development cases while contributing to the company's growth.

Qualifications

• Strong experience in underwriting development finance loans, including FCA regulated loans.
• Excellent understanding of regulatory compliance and TCF principles.
• Ability to maintain high levels of customer service and communication.

Responsibilities

• Underwrite loan applications based on company lending criteria.
• Maintain communication with brokers, applicants, and solicitors.
• Manage completed development loans and identify future business opportunities.

Skills

Underwriting development finance loans

Excellent communication skills

Compliance knowledge

Team player

Job description

Our client is a successful Finance company looking for a Development Underwriter to join their team.

The Underwriter must use their skill and experience to approve those loans which are deemed acceptable and reject any which are unacceptable and represent a risk to the company. The Development Underwriter is responsible for processing refurbishment and development finance applications where initial terms have been issued.

Key Responsibilities

• 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
• Underwrite loan applications within company lending criteria by making quality lending decisions
• Manage a pipeline of development cases for initial completions and subsequent drawdowns and prioritise accordingly
• Manage completed development loans and keep in regular contact with borrowers to identify issues at any early stage and seek out future business opportunities

Key Competencies

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