Underwriting Manager | Bridging Finance
United Trust Bank Limited
Underwriting Manager | Bridging Finance
Salary Not Specified
United Trust Bank Limited, City of Westminster
- Part time
- Permanent
- Remote working
Posted 2 weeks ago, 3 May | Get your application in now before you miss out!
Closing date: Closing date not specified
job Ref: 0c50e58605134f73bfb4e740e1eef7a2
Full Job Description
- To be responsible for supporting, managing and motivating a team of Bridging Underwriters to meet their 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
- 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.
- Identify opportunities and proactively make recommendations for continuous improvement
- Undertake project and ad-hoc pieces of work at management request
Essential Experience - Previous underwriting, credit or lending exposure within a bridging/mortgage environment
- Strong understanding of the regulatory environment
- Liaising with Introducers and/or external customers
- Managing and prioritising work for a team of people
- Currently holds a lending mandate
Competitive Salary and Bonus package - 26 Days Holiday
- Contributory Pension
- Life Insurance
- Private Medical Insurance
- Season Ticket Loans
- Excellent career development opportunities and where appropriate sponsorship of a relevant qualification
Responsibilities:
Desirable Experience