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Underwriter

People First Recruitment

City Of London

Hybrid

GBP 38,000 - 45,000

Full time

Yesterday
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Job summary

A leading recruitment agency is seeking an Underwriter to join their team in London. This role involves analyzing credit worthiness, preparing credit proposals, and underwriting loans in the bridging and development finance sectors. The ideal candidate will have proven experience in finance, strong analytical skills, and excellent communication abilities. The position offers a competitive salary of up to £45k, with a hybrid working model of 4 days in the office and 1 day working from home.

Qualifications

  • Solid proven working experience within the bridging and/or development finance sector.
  • Excellent analytical skills and attention to detail.
  • Ability to structure transactions based on market sector, asset, and security.

Responsibilities

  • Action new lending requests for bridging loans and analyze credit worthiness.
  • Prepare detailed credit proposals for submission to the Credit Committee.
  • Underwrite and approve loans against agreed lending criteria.

Skills

Bridging/development finance
Due diligence
Underwriting
Analytical skills
Communication skills
Attention to detail

Job description

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People First Recruitment provided pay range

This range is provided by People First Recruitment. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

Ref: 22992

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The skills you will need: Bridging/development finance, due diligence, underwriter.

Your New Salary: up to £45k, depending on experience

Hybrid: 4 days in the office and Friday WFH

Perm

Start: ASAP

What You'll be Doing:

  • Action new lending requests for bridging loans and analyse credit worthiness
  • Prepare detailed credit proposals for submission to the Credit Committee
  • Preparing offer documentation and ensuring all loan conditions are met throughout the drawdown process
  • Underwrite and approve loans against agreed lending criteria
  • Handling broker calls on specific cases under review; manage customer expectations
  • Liaising with internal departments (Legal, Risk and Sales) and external parties (Surveyors, Solicitors and Customers) to effectively manage the lending process

The Skills You'll Need to Succeed:

  • Candidates MUST have solid proven working experience within the BRIDGING AND / OR DEVELOPMENT FINANCE sector.
  • Excellent analytical skills.
  • Ability to structure transactions based upon market sector, asset and security.
  • Ability to plan, organise, prioritise and manage time.
  • Excellent written and verbal communication skills.
  • Strong attention to detail.
  • Creative thinker and willing to work in an agile growing company.

Please follow us on Linkedin: https://www.linkedin.com/company/people-first-team-china

We would be grateful if you could send your CV as a Word document. If your application is successful, you will be contacted within 7 days. We regret that due to the high volume of applications we receive we cannot provide feedback on individual CVs. Please note that we can only consider candidates who are eligible to work in the UK and are able to provide relevant supporting documentation.

People First is committed to increasing diversity, and maintaining an inclusive workplace culture. We welcome applications from all qualified candidates regardless of their ethnicity, race, gender, religious beliefs, sexual orientation, age, marital status or whether or not they have a disability.

People First (Recruitment) Limited acts as an employment agency for permanent and fixed term contract recruitment and as an employment business for the supply of temporary workers. Please note that by applying for this job you accept our Terms of Use and Privacy Policy which can be found on our website.

Seniority level
  • Seniority level
    Mid-Senior level
Employment type
  • Employment type
    Full-time
Job function
  • Job function
    Finance

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