Senior Associate - Underwriting

Murray McIntosh Associates Ltd; London; On-site; GBP 70,000 - 90,000; Full time

Job summary

A leading provider of Real Estate Finance is seeking a Senior Associate in London to manage transactions for Development Finance across Spanish and UK markets. The role involves coordinating due diligence, preparing financial models, and producing underwriting documentation. Candidates should have over 5 years of experience in real estate and development finance, and be fluent in Spanish. This position offers the opportunity to work closely with senior stakeholders and contribute to business development efforts.

Qualifications

• Over 5 years of relevant industry experience required.
• Proven ability to coordinate with solicitors and review finance/security documents.
• Must possess excellent mathematical understanding and problem-solving skills.

Responsibilities

• Lead and coordinate the due diligence and underwriting process.
• Prepare financial models to share terms with clients.
• Produce key underwriting documentation.
• Review professional reports with the Head of Credit.
• Coordinate communication with clients and stakeholders.
• Attend client meetings to support business development.

Skills

Real estate experience

Development finance knowledge

Risk underwriting

Portfolio management

Fluent in Spanish

Education

Degree educated

Additional education in property and real estate

Job description

We have been retained by a leading provider of Real Estate Finance in their search for a Senior Associate. Our client has a track record of funding over 7 billion of real estate projects and offers a range of structured credit solutions across Bridging Finance, Development Finance, and bespoke Lending Solutions. They are increasing and investing in their European footprint, and this is a key hire reporting into the Global Head of Underwriting and working closely with a range of senior, board-level, stakeholders.

In this role, you will be a key part of the underwriting team, managing transactions across the lifespan of a Development Finance facility, with a focus on Spanish, UK, and European markets. Fluency in Spanish is required.

Key duties:

1. Lead and coordinate the overall due diligence and underwriting process.
2. Review initial deal information and prepare financial models in accordance with internal policies to share terms with clients.
3. Produce key underwriting documentation, including detailed credit applications, with guidance from Deal Originators and support from the Deal Execution team.
4. Review professional reports with the Head of Credit.
5. Coordinate and lead communication with clients and stakeholders.
6. Attend client meetings and contribute to new business development activities.

Required experience, skills, and characteristics:

We are seeking someone with experience in real estate, development finance, risk underwriting, and portfolio management. The candidate should be based in London/UK and willing to relocate to Spain, or currently based in Madrid or Barcelona.

• +5 years of relevant industry experience.
• Fluent in Spanish.
• Experience coordinating with solicitors and reviewing finance/security documents.
• Degree educated; additional education in property and real estate is a plus.
• Ability to build strong relationships with clients and brokers.
• Excellent mathematical understanding and problem-solving skills.