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Underwriting Manager Bridging
- Posted 21 May 2024
- Salary £75000 - £80000 per annum + Hybrid + Excellent Benefits
- LocationCity of London
- Job type Permanent
- Discipline Banking Operations
- ReferencePB2105_1716282769
- Contact NamePaul Butterfill
Job 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