Bridging Underwriter

Job Title: Bridging Underwriter

Location: Mayfair, London with one day working from home each week

Salary: Up to �45,000 depending on experience

Hours: Monday to Friday, 9:30am to 5:30pm

Benefits:

• 25 days annual leave, plus bank holidays
• Company Pension

About the position of Bridging Underwriter:

We have an exciting opportunity for a bridging finance professional to join a boutique mortgage lender, who are rapidly growing. As a Bridging Underwriter, the successful candidate will be managing unregulated bridging loan application from inception through to completion.

For this role, we are able to consider candidates who come from a case management or underwriting background within bridging finance.

Responsibilities for the role of Bridging Underwriter:

• Perform the necessary due diligence to support informed lending decisions.
• Detect and highlight fraud, credit risks, or other concerns while recommending appropriate solutions.
• Communicate with borrowers, solicitors, valuers, quantity surveyors, brokers, and internal sales teams to efficiently oversee the lending process from initial inquiry to completion.
• Assess application forms, legal loan agreements, credit reports, valuation reports, bank statements, title reports, and information from Companies House and HM Land Registry.
• Draft indicative terms and loan offer letters.
• Compile investment memorandums for investors and distribute them via Adobe Sign.
• Generate client statements for investors, borrowers, and referrers using Excel.
• Maintain and update loan records within an Excel database.
• Manage multiple loan applications simultaneously at various stages of the lending cycle.
• Ensure all document reviews align with internal policies, regulatory requirements, and GDPR guidelines.
• Support the development and improvement of the loan management system.
• Keep CRM records up to date with contact details and pipeline loans.
• Track industry news and trends by monitoring relevant websites.
• Participate in team meetings and Credit Committee discussions.
• Prepare papers for the Credit Committee and document meeting minutes.
• Handle additional tasks and provide support as needed.

Experience and skills required for the role of Bridging Underwriter:

• At least 1 years experience working in a case management or underwriting role with a bridging lender
• Must have bridging finance experience
• Capacity to manually underwrite without relying on automated decision-making processes.
• Intermediate/advanced level of Microsoft Office applications such as Outlook, Excel, Word and PowerPoint
• Good work ethic and self-disciplined
• Team player with strong written and verbal communication. Candidates must have the ability to
• communicate
• Able to work on own initiative.
• Strong customer service and organisation skills
• Analytically minded with high attention to detail and ability to multi-task
• Ability to strict deadlines
• Commitment to professional development

For more information regarding the role of Bridging Underwriter please get in touch with us.

Stellar Select is acting as an employment agency and is a corporate member of the REC.

Due to a high volume of applications, we will only contact you if your application has been successful. We aim to contact all successful candidates within two business days.