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Permanent

Development Underwriter

Borehamwood
money-bag 55000.00-55000.00 Annual
Posted Yesterday

Our client is a successful Finance company looking for a Development Underwriter to join their team. The Underwriter must use their skill and experience to approve those loans which are deemed acceptable and reject any which are unacceptable and represent a risk to the company. The Underwriter must work together with the other members of the Underwriting team to ensure that loans are processed in accordance with the company''s underwriting manual and lending policy. The Development Underwriter is responsible for processing refurbishment and development finance applications where initial terms have been issued. Key Responsibilities: Always maintain a high level of communication with interested parties including brokers, applicants, surveyors and solicitors Maintain a high level of customer service with those internally and externally Underwrite loan applications within company lending criteria by making quality lending decisions Manage a pipeline of development cases for initial completions and subsequent drawdowns and prioritise accordingly Manage completed development loans and keep in regular contact with borrowers to identify issues at any early stage and seek out future business opportunities Key Competencies: Excellent understanding of compliance aspects of the role including the regulatory environment and TCF principles Strong experience of underwriting development finance loans, preferably including FCA regulated loans Ability to adopt a pragmatic approach to ..... full job details .....

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