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Underwriting Manager

Stellar Select Limited
Posted 8 hours ago, valid for 25 days
Location

Stevenage, Hertfordshire SG1 2AX, England

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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  • The Underwriting Team Manager position is located in Hertfordshire with a salary of up to £80,000.
  • The role involves managing a team of underwriters and origination personnel while ensuring high-quality lending decisions and efficient workflow management.
  • Candidates must have a minimum of 5 years' experience in specialist finance underwriting, preferably in bridging finance, along with experience managing teams.
  • Strong interpersonal skills are essential for maintaining relationships with brokers, solicitors, and internal stakeholders.
  • A CeMAP qualification is preferred, and the successful candidate will be responsible for preparing credit papers and managing a live pipeline of approximately 15+ cases.

Job Title: Underwriting Team Manager

Location: Hertfordshire

Salary: Up to £80,000

Hours: Monday to Friday 9 am to 5.30 pm

About our Client and the role of Underwriting Team Manager:

We are working closely with our client, a specialist mortgage broker, to appoint an Underwriting Team Manager. This is a fantastic opportunity to join a fast-growing lender in the property finance space. The successful candidate will play a key leadership role within the underwriting function, responsible for managing a team of underwriters and origination personnel.

You will be instrumental in delivering high-quality lending decisions, overseeing complex bridging finance transactions, and ensuring efficient workflow management. This role requires someone with strong interpersonal skills to maintain excellent working relationships with brokers, solicitors, valuers, and internal stakeholders.

Responsibilities for the role of Underwriting Team Manager:

  • Manage a team of underwriters and origination staff, overseeing workflows and reporting to the Risk Manager or Chief Risk Officer.
  • Ensure a consistently high quality of underwriting output across the wider team.
  • Personally underwrite bridging loan applications from start to finish in line with lending policies, managing a live pipeline of approx. 15+ cases.
  • Maintain ongoing contact with brokers, solicitors, and valuers to ensure optimal service levels and efficient case progression.
  • Continually assess and mitigate risk across individual and team pipelines.
  • Prepare and present credit papers to the internal credit committee, articulating the risk and strength of each deal.
  • Collaborate with finance and treasury teams to ensure timely drawdown of funds.
  • Provide regular updates to internal teams and stakeholders regarding case progression.
  • Review and improve internal policies and processes, maintaining efficiency and compliance.
  • Work towards individual and team KPIs and manage workload to meet key deadlines.
  • Maintain regular communication with the Risk Manager to ensure alignment with business goals.

Experience required for the role of Underwriting Team Manager:

  • A minimum of 5 years' experience in specialist finance underwriting, ideally within bridging finance.
  • Experience managing underwriting or origination teams.
  • Hold a personal lending mandate of £500,000 or more.
  • Strong technical underwriting knowledge and risk assessment capability.
  • CeMAP qualification preferred.
  • Excellent written and verbal communication skills.
  • Ability to build and maintain relationships with a variety of stakeholders including brokers, legal partners, and internal departments.

For more information regarding the role of Underwriting Team Manager please contact 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 contacts within two business days.

Apply now in a few quick clicks

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.