SonicJobs Logo
Login
Left arrow iconBack to search

Development Underwriter

Nouvo Recruitment
Posted 2 months ago, valid for 5 days
Location

Borehamwood, WD6, England

Salary

£55,000 - £65,000 per annum

Contract type

Full Time

By applying, a CV-Library account will be created for you. CV-Library's Terms & Conditions and Privacy Policy will apply.

SonicJobs' Terms & Conditions and Privacy Policy also apply.

Sonic Summary

info
  • Our client, a successful finance company, is seeking a Development Underwriter to join their team.
  • The role requires at least 3 years of experience in underwriting development finance loans.
  • The Development Underwriter will be responsible for processing refurbishment and development finance applications while ensuring compliance with the company's lending criteria.
  • Key responsibilities include maintaining communication with interested parties and managing a pipeline of development cases.
  • The salary for this position is competitive and commensurate with experience.

Our client is asuccessful Finance companylooking for a Development Underwriter to join their team.

The Underwriter must use their skill and experience to approve those loans which are deemed acceptable and reject any which are unacceptable and represent a risk to the company. The Underwriter must work together with the other members of the Underwriting team to ensure that loans are processed in accordance with the company's underwriting manual and lending policy. The Development Underwriter is responsible for processing refurbishment and development finance applications where initial terms have been issued.

Key Responsibilities:

  • Always maintain a high level of communication with interested parties including brokers, applicants, surveyors and solicitors
  • Maintain a high level of customer service with those internally and externally
  • Underwrite loan applications within company lending criteria by making quality lending decisions
  • Manage a pipeline of development cases for initial completions and subsequent drawdowns and prioritise accordingly
  • Manage completed development loans and keep in regular contact with borrowers to identify issues at any early stage and seek out future business opportunities

Key Competencies:

  • Excellent understanding of compliance aspects of the role including the regulatory environment and TCF principles
  • Strong experience of underwriting development finance loans, preferably including FCA regulated loans
  • Ability to adopt a pragmatic approach to underwriting
  • Commercially aware
  • Excellent interpersonal and communication skills
  • 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.

Apply now in a few quick clicks

By applying, a CV-Library account will be created for you. CV-Library's Terms & Conditions and Privacy Policy will apply.

SonicJobs' Terms & Conditions and Privacy Policy also apply.