Underwriter Bridging Finance - London, United Kingdom - United Trust Bank

United Trust Bank

Verified Company

London, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Role Purpose:

To proactively respond to requests for bridging finance from brokers/applicants for regulated and nonregulated transactions

Responsibilities:

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 relevant mandate holders, preparing/reviewing 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
Ensuring that information concerning each loan is accurately and comprehensively entered in to the Bank's electronic systems, both prior to and upon drawdown
The hand over to the Servicing teams Loan Administrators, a complete file with all post completion activities completed in accordance with the Bank's Policy and Process

Skills and Experience sought:

Essential Experience

Previous bridging, underwriting or lending experience within the property environment
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

Desirable Experience

Remuneration and Benefits:

Competitive Salary and Bonus package
26 Days Holiday
2 Wellbeing Days
Contributory Pension
Life Insurance / Income Protection / Critical Illness Cover
Private Medical Insurance
Season Ticket Loans
Excellent career development opportunities and where appropriate sponsorship of a relevant qualification