Senior Underwriter - Bridging

Nouvo Recruitment; London; Hybrid; GBP 50,000 - 70,000; Full time

Job summary

A leading finance organisation in London is seeking a Senior Underwriter to manage and process applications for bridging loans. The role requires experience in underwriting and a solid understanding of compliance regulations. Key responsibilities include managing a pipeline of cases, ensuring quality lending decisions, and mentoring junior staff. The firm offers a combination of work-from-home options and excellent benefits including pension and healthcare.

Benefits

Pension

Private healthcare

23 days holiday + bank holidays

Fridays work from home

Qualifications

• Experience in underwriting bridging loans, including FCA regulated loans and development finance.
• Strong comprehension of regulatory requirements and Consumer Duty principles.
• Ability to communicate effectively with brokers, applicants, and other stakeholders.

Responsibilities

• Manage a pipeline of bridging cases and prioritise accordingly.
• Underwrite applications within company lending criteria.
• Maintain communication with brokers, applicants, and solicitors.
• Train and mentor junior staff members.

Skills

Experience of underwriting bridging finance loans

Excellent understanding of compliance aspects

Ability to adopt a pragmatic approach to underwriting

Excellent interpersonal and communication skills

Excellent organisational and prioritisation skills

Ability to work to tight timeframes

Strong team player

Job description

Overview

Senior Underwriter – Bridging

Location: 25 mins from St Pancras overground station (5 min walk to the office)

Fridays work from home

Pension & private healthcare

23 days holiday + bank holidays

Nouvo are extremely excited to be working with this leading finance organisation, which has seen mergers and growth in the last 18 months. Due to business growth, they are looking to recruit a Senior Underwriter to ensure that applications are processed and approved within company and FCA guidelines

Key Responsibilities

• Manage a pipeline of bridging cases and prioritise accordingly
• Underwrite bridging loan applications within company lending criteria by making quality lending decisions
• 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
• Work closely with other departments within the company including sales, compliance, finance and collections
• Maintain oversight of a loan post completion and follow up on any offer conditions prior to handing the loan to collections
• Keep up to date with current best practice and regulatory requirements
• Represent the company at events as required
• Attend broker training sessions
• Train and mentor more junior members of staff

Key Competencies

• Experience of underwriting bridging finance loans including FCA regulated loans and development finance
• Excellent understanding of compliance aspects of the role including the regulatory environment and Consumer Duty principles
• Ability to adopt a pragmatic approach to underwriting
• Commercially aware
• Excellent interpersonal and communication skills
• Excellent organisational and prioritisation skills
• Ability to work to tight timeframes
• 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 luck in 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.