< Back

Bridging Finance Underwriter

  • Location:

    London, England

  • Sector:

    Property & Real Estate Finance, Banking & Financial Services

  • Job type:


  • Salary:

    £50000.00 - £60000.00 per annum + bonus and benefits

  • Contact:

    Cobalt Recruitment

  • Contact email:


  • Job ref:

    JN -082021-74402_1629741695

  • Published:

    23 August 2021

  • Expiry date:

    22 October 2021

Our client is a leading City based challenger bank with a well-established Bridging Finance team with a fluid and flexible lending approach, focusing on regulated and unregulated first and second charge bridging loans. Due to continued growth, they are now looking to add a Bridging Underwriting who has pre-existing experience in the bridge financing space.

The Role

  • Underwriting of bridging finance transactions.

  • Make lending decisions in line with Credit Risk Policy and individual mandate level.

  • Adhere to internal underwriting policy and regulatory requirements: FCA, PRA, Money Laundering, Prevention of Financial Crime, Data Protection, etc.

  • Work with Internal Sales to progress cases from DIP to drawdown.

  • Preparing a detailed Credit Paper with all appropriate conditions and presenting the proposition to Credit Committee.

  • Instructing valuers and solicitors.

  • Following sanction from the Credit Committee, preparing the offer letter and accompanying documents and being proactive in ensuring that all loan conditions have been met and the case moves efficiently to drawdown.

The Candidate

  • Previous Bridging, Underwriting, or lending experience within the property environment.

  • Professional communications skills, able to communicate with businesses and colleagues by telephone, email and face to face.

  • Strong understanding of the regulatory environment.

  • Liaising with Introducers and/or external customers.

  • Highly motivated individual committed to providing outstanding service to customers and clients.

  • Excellent presentation (verbal/written) and relationship building skills.

  • Ability to collaborate, build trust and influence at senior level.

  • Confidence to challenge actions and behaviours that are not consistent with the firm's policies and best interests of the business and its customer.