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Development Finance Underwriter

Fintelligent
Posted 13 hours ago, valid for 5 days
Location

London, Greater London EC2V7NQ, England

Salary

£65,000 - £75,000 per annum

Contract type

Full Time

Life Insurance

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 looking for a Development Finance Underwriter to join their team in London, making a significant impact in the Development Finance sector.
  • The role offers an annual salary ranging from £65,000 to £75,000 along with benefits such as private medical insurance and an 8% non-contributory pension.
  • Candidates should have a university degree or equivalent experience in the financial sector, along with proven experience in residential property and development.
  • Responsibilities include reviewing project information, conducting financial analyses, and preparing Credit Papers for the Credit Committee.
  • This position supports small and medium-sized UK developers in property finance projects, providing an excellent opportunity for those passionate about development finance.
Are you ready to make a significant impact in the Development Finance sector? Our client is seeking a Development Finance Underwriter to join their dynamic team in London. This role offers a unique opportunity to guide development finance deals from start to finish, ensuring financial success and client satisfaction in the residential property market.With a salary ranging from £65,000 to £75,000 per year, this role comes with fantastic benefits including private medical insurance, an 8% non-contributory pension, and life assurance. Enjoy hybrid working arrangements and discounts at local and city gyms, plus charity days and a cycle to work scheme.Our client is focused on lending to small and medium-sized UK developers, supporting various property finance construction and refurbishment projects. They are committed to delivering exceptional customer outcomes and fostering a high-performing culture grounded in excellence and integrity.As a Development Finance Underwriter, your responsibilities will include:
  • Reviewing and assessing project and corporate information from prospective customers.
  • Conducting thorough financial reviews and viability analyses using the company's proprietary Appraisal Model.
  • Accompanying Lending Directors on site visits and client meetings, ensuring follow-up on action points.
  • Preparing Credit Papers for presentation to the Credit Committee.
  • Drafting facility letters in line with Credit Committee approvals.
  • Collaborating with Solicitors, Valuers, and project Monitoring Surveyors to address any issues.
Package and Benefits:The Development Finance Underwriter role offers a comprehensive package:
  • Annual salary of £65,000 - £75,000.
  • Discretionary bonus scheme.
  • Private medical insurance.
  • 8% non-contributory pension.
  • Life assurance.
  • Discounts at local and city gyms.
  • Charity days and cycle to work scheme.
  • Hybrid working arrangements.
The ideal candidate for the Development Finance Underwriter role will have:
  • A university degree or equivalent experience in the financial sector.
  • Proven experience and enthusiasm for residential property and development.
  • A keen understanding of property market trends.
  • Experience in a fast-paced environment.
  • Exceptional organisational and time management skills.
  • Strong problem-solving abilities and attention to detail.
If you're interested in roles such as Credit Analyst, Loan Officer, Mortgage Underwriter, Property Finance Specialist, or Risk Analyst, this Development Finance Underwriter position could be the perfect fit for you.If you're passionate about development finance and eager to contribute to a thriving company, this Development Finance Underwriter role is an excellent opportunity. Apply now to become an integral part of a team dedicated to excellence and innovation in the property finance sector.

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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.