Senior Underwriter | Bridging Finance

United Trust Bank; London; Hybrid; GBP 35,000 - 55,000; Full time

Job description

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This role is open to internal applicants only.

This is a hybrid role working 3 days in the office (City of London location) and 2 days working from home.

Role Purpose:

• To assist the Underwriting Manager in maintaining credit standards within the team along with utilisation of mandate for credit sign off in accordance with the Bank's policy.
• Support the Underwriting Manager with managing the Bridging Credit inbox.
• To be responsible for supporting, managing and motivating a team of Bridging Underwriting Assistants to meet their key deliverables and objectives to ensure consistency and continued improvement of process and service.

Responsibilities:

• Make lending decisions in line with the Bank's Credit Risk Policy and individual mandate level.
• Adhere to internal underwriting policy and regulatory requirements - FCA, PRA, Money Laundering, Prevention of Financial Crime, Data Protection, etc.
• Assisting with the training of new underwriters and underwriting assistants within the Unregulated Underwriting team.
• Ensuring that information concerning each loan is accurately and comprehensively entered into the Bank's electronic systems, both prior to and upon drawdown.
• Work alongside the Underwriting Manager to provide training to the wider Bridging Underwriting Team.
• Exercise your mandate to include Offer Letter and File drawdown sign off.
• Ensure that all applications are processed within set service standards and in line with key performance indicators.
• Complete Performance Management activity for UWAs within the team, including monthly 1 to 1's, performance monitoring and objective reviews.
• Identify opportunities and proactively make recommendations for continuous improvement.
• Cover for absence or when business levels demand to ensure service levels and standards are maintained.
• Undertake project and ad hoc pieces of work at Management request.

Skills and Experience sought:

Essential Experience:

• Previous Bridging, Underwriting or lending experience within the property environment.
• Professional communications skills, able to communicate with businesses and colleagues by telephone, email and face to face.
• Strong understanding of the regulatory environment.
• Liaising with Introducers and/or external customers.
• Highly motivated individual, committed to providing outstanding service to customers and clients.

Desirable Experience:

• Previously and or holds a lending mandate.
• 5+ years Bridging/Internal sales/Business development /Underwriting Experience.
• Managing and prioritising work for a team of people.

Remuneration and Benefits:

• Competitive salary and discretionary bonus scheme.
• Matched pension contributions up to 7%.
• 26 days annual leave plus two wellbeing days and opportunity to purchase additional holiday.
• Flexible and hybrid working.
• Private medical insurance via Vitality.
• Life, income protection and critical illness insurance.
• Enhanced family leave pay.
• Extensive learning and personal development opportunities.
• Electric car scheme and cycle to work scheme.
• Season ticket loan.
• Wellbeing support - discounted gym membership, employee assistance programme, 24/7 private GP access for staff and their immediate family (online), 1:1 key life stage coaching.