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Structured Property Finance Underwriter - JN 72835

  • Location:

    London, England

  • Sector:

    Property & Real Estate Finance, Banking & Financial Services

  • Job type:

    Permanent

  • Salary:

    £60000.00 - £70000.00 per annum + plus bonus and benefits

  • Contact:

    Cobalt Recruitment

  • Contact email:

    asandberg@cobaltrecruitment.com

  • Job ref:

    JN -032021-72835_1615835950

  • Published:

    15 March 2021

  • Expiry date:

    14 May 2021

Our client is a leading City-based challenger bank that went from strength to strength in 2020 and is now looking to add an experienced Underwriter to their Real Estate Structured Finance team. This team has got a fluid and flexible lending approach and focuses on complex, short -term, real estate debt transactions across residential and commercial investment and development. 

The successful candidate will be responsible for underwriting and managing applications through to completion along with maintaining relationships with the panel of brokers, surveyors and solicitors feeding back on level of service.

Main duties:

  • Underwriting of property finance loans.

  • Underwriting within lending policy and case management.

  • Assess loans and make an underwriting decision as to whether applications proceed to offer.

  • Liaise with brokers, developers, surveyors, solicitors and other third parties.

  • Manage a large pipeline of cases through to completion.

  • Site and client visits as and when required.

Requirements:

  • Strong real estate debt finance background.

  • Experience of bridging finance is a plus.

  • Proven background in underwriting.

  • A good knowledge and understanding of legal conveyancing.

  • Experience of working to tight deadlines.