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Bridging Finance Underwriter - Manchester, United Kingdom - D&R Recruitment
Description
Bridging Finance Underwriter
£35-45k + Bonuses + Hybrid
Location: Manchester
Key Responsibilities:
Review and analyze loan applications, assessing borrower creditworthiness, property value, and risk factors
Conduct comprehensive due diligence on loan transactions, including property appraisals and legal documentation
Determine loan terms, including loan amounts, interest rates, and repayment schedules, based on risk assessment and company guidelines
Collaborate with sales and operations teams to expedite loan approvals and closings
Communicate effectively with borrowers, brokers, and other stakeholders to gather necessary information and resolve issues
Stay informed about market trends, regulatory changes, and industry best practices related to bridging finance
Requirements:
Previous experience in underwriting role, preferably in the bridging finance or mortgage industry
Strong analytical and decision-making skills, with attention to detail
Excellent communication and interpersonal skills, with the ability to work effectively in a team environment
Familiarity with regulatory requirements and compliance standards for lending products
Proficiency in financial analysis and risk assessment techniques