Posted in: Finance in Manchester | Posted: |
Bridging Finance Underwriter
£40-45k + Bonuses + Hybrid Working Pattern (3 days wfh, 2 days in office)
Location: Manchester
Key Responsibilities:
- Review and analyze loan applications, assessing borrower creditworthiness, property value, and risk factors
- Conduct comprehensive due diligence on loan transactions, including property appraisals and legal documentation
- Determine loan terms, including loan amounts, interest rates, and repayment schedules, based on risk assessment and company guidelines
- Collaborate with sales and operations teams to expedite loan approvals and closings
- Communicate effectively with borrowers, brokers, and other stakeholders to gather necessary information and resolve issues
- Stay informed about market trends, regulatory changes, and industry best practices related to bridging finance
Requirements:
- Previous experience in underwriting role, preferably in the bridging finance or mortgage industry
- Strong analytical and decision-making skills, with attention to detail
- Excellent communication and interpersonal skills, with the ability to work effectively in a team environment
- Familiarity with regulatory requirements and compliance standards for lending products
- Proficiency in financial analysis and risk assessment techniques