Junior Underwriter - London, United Kingdom - The City & Capital Group

The City & Capital Group

Verified Company

London, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

The City & Capital Group are delighted to be representing one of the most successful and highly respected specialist property finance lenders who have retained our services in order to appoint a confident and diligent Junior Underwriter to their growingteam at an exciting time.

Our client is achieving record performances for lending on a regular basis, backed by excellent longstanding funding lines and further increased investment.

The result has seen the lender double in size over the last 12 months, with ambitions to achievethe same again over the coming period.

The lender offers a range of loans designed for commercial borrowers, such as property investors and developers.

This includes solutions such as bridging finance, development exit loans and a range of Buy to Let and commercial property finance propositions.

There are plans to broaden the product set moving forward too, with a view to ensuring they can continue to always support the needs of borrowers, with loan options ranging between £250k - £40m.

This is a key appointment for the lender at an extremely busy time.

The Junior Underwriter position reports directly in to the 'Head of' department and offers amazing progression to Underwriter (and eventually Senior Underwriter) once you are established within the business and delivering excellent performance.

This is in line with our clients strong and proven promote from within policy and is made possible by their successful growth.

It is our clients business model to develop and grow staff internally, offering excellent opportunities to progress both your careerstanding & earnings quickly within, as you settle in and add real value to the team.

So this is very much a 'career opportunity' as opposed to just 'another job' Ambitious and loyal individuals will be key.

Within the role you will work closely with the businesses BDM's & brokers to assess & support their deals from a credit management perspective.

You will manage and maintain your own pipeline of loans for sanctioning and ensure activity is undertaken to allowloans to be funded in line with SLA's.

In addition to managing your own pipeline of cases, you will also work with the Senior Underwriters members on their complex cases to develop your skillset to allow you to grow.

As noted, our client lends large value loans to complex borrowers and so thiselement of the role and learning can be critical for future success.

Due to the nature of the role the ideal individual will have some experience of working within the mortgage or property finance sector where you have actively worked on cases for potential borrowers with a view to packaging up these deals for funding and/orassessing their viability for funding.

This may suit a senior case manager/mortgage administrator or a current underwriter from a less complex sector.

A good understanding of the credit risk principles associate with mortgage or property finance lending would be beneficial. Confidence working in a fast paced and dynamic environment will be key.

This role is not a tick box exercise, thus experience in themortgage or commercial property finance sector is critical to be qualified for this position.

(Please note that if you do not have experience of underwriting in the mortgage or property finance sector, but like the sound of this business and the growth potential, then feel free to apply. They offer other roles that may be of interest and I wouldbe happy to discuss those with you, if the fit is right).

Junior Underwriter - Required Experience:

Previous experience working within the mortgage or commercial property finance sector
May have longstanding/senior case management experience and above
Demonstrable success against objectives in previous roles key
Experience in dealing with brokers and borrowers directly is sought after

Ideal Personal Attributes:

Highly analytical & numerical with a strong attention to detail
Happy working in a dynamic and fast paced environment
Confident diary manager and results orientated against set deadlines
Ambitious and keen to drive career forward within
Equally confident working alone or as part of a team

The salary on offer is up to c£45k, which will be relevant to experience and performance at interview, as you would expect.

Higher offers may also be considered for exceptional experience.

In addition our client operates an excellent bonus structure that will reward you for the success that you bring to the company.

This structure is uncapped and will assist you with increasing annual earnings substantially based on your delivery. Happy todiscuss the detail.

Most notably, due to the exciting level of investment and funding at play, as well as the progressive and forward thinking culture of the business, this is a genuine opportunity for you to propel your own earnings and career standing quickly within, onceexcellent performance has been delivered.

This role will be based in the lenders lovely Mayfair offices, Monday - Friday.

We look forward to hearing from you.