Kennedy Pearce are partnering with a London based Private Bank who offer Hybrid working in recruiting a Bridging Underwriter. This role offers hybrid working.

JOB FUNCTION

• Respond to requests from bridging finance from brokers/applicants for regulated and unregulated transactions
• To manage the underwriting and due diligence process from loan application to loan drawdown

KEY RESPONSIBILITIES

• Make lending decisions in line with Credit Risk Policy and individual mandate level
• Manage a pipeline of Bridging applications from application to credit approval and drawdown to help the department achieve its annual target
• Adhere to internal underwriting policy and regulatory requirements - FCA, PRA, Money Laundering, Prevention of Financial Crime, Data Protection, etc
• Work with Sales to progress cases from decision in principle to drawdown
• Prepare detailed credit papers with all appropriate conditions and present the proposition to Bridging Credit Committee
• Prepare and review offer letters
• Proactively ensure that all pre commencement loan conditions have been satisfied and progress the case efficiently to drawdown
• Ensure that all post completion activities have been completed in accordance with the Bank's Policy and Process
• Approval of Credit Papers which are clearly and accurately drafted with a sufficient degree of background and ancillary knowledge of the case together with identification of any key risks with mitigations where appropriate
• Review of signed offer letters and files, in line with your mandate

Essential Experience Required

• An ability to analyse, negotiate and structure potential bridging loans in line with credit policy and present to Credit Committee when required
• An ability to form and maintain close working relationships with intermediaries, professionals e.g. solicitors and valuers and the Sales team
• Previous Bridging, Underwriting or lending experience within the property environment, preferably within both the regulated and unregulated market