Junior Bridging Underwriter (Real Estate)

JR United Kingdom; London; On-site; GBP 125,000 - 150,000; Full time

Job summary

An established industry player in property finance seeks a Junior Underwriter to join their dynamic team in London. This role is perfect for someone passionate about bridging finance, offering the chance to evaluate loan applications, conduct risk analysis, and ensure compliance with financial regulations. You'll work closely with experienced underwriters, gaining invaluable insights into the UK property market while developing your skills in a fast-paced environment. If you're eager to kickstart your career in finance and thrive in a collaborative setting, this opportunity is for you!

Qualifications

• Strong interest in bridging finance and property transactions.
• Detail-oriented with excellent analytical skills.

Responsibilities

• Review and evaluate bridging loan applications.
• Assist in assessing risk factors for compliance.
• Communicate with clients and brokers for loan information.

Skills

Risk Analysis

Loan Assessment

Communication Skills

Market Knowledge

Education

Bachelor's Degree

Job description

Company Overview:

The firm is a leading UK-focused bridging lender offering flexible financial products designed to assist clients in property transactions, whether for investment or development. As part of ongoing growth and an active pipeline, they are seeking a highly motivated and detail-oriented Junior Underwriter to join their team in London.

Role Overview:

We are looking for a Junior Underwriter with a strong interest in bridging finance to support our underwriting team in assessing property loans across the UK. The role involves evaluating loan applications to ensure they meet the company's risk and compliance standards. This position offers a great opportunity for someone eager to develop their career in the fast-paced property finance sector.

Key Responsibilities:

• Loan Assessment: Review and evaluate bridging loan applications, including property valuations, financials, and borrower profiles.
• Risk Analysis: Assist senior underwriters in assessing risk factors, ensuring compliance with company policies and regulations.
• Documentation Review: Verify key loan documents such as title deeds, contracts, and proof of income.
• Communication: Communicate with clients, brokers, and solicitors to gather information and clarify queries related to loan applications.
• Market Knowledge: Keep informed about UK property market trends, property types, and legal considerations affecting bridging finance.
• Reporting: Prepare underwriting reports and presentations for senior management and stakeholders.
• Compliance: Ensure all activities adhere to regulatory guidelines, company policies, and best practices.
• Portfolio Monitoring: Support ongoing management of loan portfolios, tracking performance and identifying potential risks or defaults.
• Support and Learning: Collaborate with senior underwriters and team members to develop underwriting skills and advance in the role.