Underwriting Manager Bridging - London, United Kingdom - KennedyPearce Consulting

Description

Kennedy Pearce are partnering with a London based Private Bank who offer Hybrid working in recruiting a Bridging Underwriting Manager

JOB FUNCTION

• To be responsible for supporting, managing and motivating a team of Bridging Underwriters to meet key objectives
• To be responsible for maintaining credit quality within the Bridging department.
• Managing the Underwriters in the maintenance of credit standards and liaising with Quality Assurance in respect of ongoing monitoring and reporting

KEY RESPONSIBILITIES

• Make lending decisions in line with Credit Risk Policy, Bridging Lending Procedures and individual mandate level
• Work alongside the Heads of Unregulated/Regulated Underwriting and Quality Assurance to provide training to the Underwriting Team
• Work alongside the Sales Team to provide deal structure guidance and underwriting support
• Review and sign off of Credit Paper submissions, Offer Letters and files for completion
• Monitoring of Underwriter's WIPs to ensure the appropriate allocation of cases across the team
  • Ensure that applications are progressed within the designated SLAs as per the Business Standards document
• Complete people management activity within the team, including monthly 1 to 1's, performance monitoring and objective reviews
• Adhere to internal policy and regulatory requirements – FCA, PRA, AML, Prevention of Financial Crime, and Data Protection etc.

ESSENTIAL EXPERIENCE REQUIRED

• Previous managerial experience of an underwriting, credit or lending team within a bridging/mortgage environment
• Held a lending mandate
• Ability to collaborate, build trust and influence at all levels
• Strong understanding of the regulatory environment
• Managing and prioritising work for a team of people