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Senior Underwriter

Nouvo Recruitment (London) Ltd
Posted a day ago, valid for 5 days
Location

Borehamwood, Hertfordshire WD6 4NB

Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • Our client is seeking a Senior Underwriter to oversee junior team members and ensure compliance with lending policies.
  • The role involves managing a pipeline of bridging loan cases, underwriting applications, and maintaining communication with brokers and solicitors.
  • Candidates should have experience in underwriting bridging finance loans and a strong understanding of compliance and regulatory requirements.
  • The position requires a proactive team player with excellent attention to detail and the ability to work under tight deadlines.
  • The salary for this position is competitive, and a minimum of 3 years of relevant experience is required.

SENIOR UNDERWRITER

Our client is growing year on year and due to this, are looking for a Senior Underwriter to manage more junior members of the team whilst ensuring all loans are processed in accordance with the company’s lending policies and procedures.

Key Responsibilities:

  • Manage a pipeline of bridging cases and prioritise accordingly
  • Underwrite bridging loan applications within company lending criteria by making quality lending decisions
  • 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
  • Keep all records up to date
  • 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 attention to detail
  • Ability to work to tight timeframes
  • Proactive
  • 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.

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.