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Senior Underwriter- Challenger Bank

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  • Contact:

    Karen Cresswell

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  • Published:

    about 2 months ago

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​Our expanding Credit and Underwriting Team is looking to recruit an experienced Credit Underwriter to strengthen an outstanding team. Reporting into the Head of Credit, you will be responsible for assessing new lending applications for quality, credit risk, and adherence with the bank’s policies and lending appetite, whilst giving a market leading service to the Bank’s customers and stakeholders.

Other Key Accountabilities will be:

  • Summarise individual lending cases and approve, or otherwise, within own delegated authority or provide recommendations to the Head of/Director of Credit and Underwriting or to members of the Bank’s Credit Committee.

  • Detailed research, analysis, and investigation of individual lending applications, ensuring all risks are identified

  • Identification of policy or protocol exceptions, with suitable recommendations of any remedial actions required.

  • Provide support where needed to ensure that all post-sanction administration procedures are timely and compliant with Bank’s policies, including the maintenance of appropriate MI.

  • Maintain good working relationships with all legal and valuer panel partners to ensure smooth and timely exchange of correspondence and communication.

  • Contribute and work with the Director of Credit & Underwriting on strategic initiatives developed to improve the banks performance or controls as requested.

  • Develop and maintain close working relationships with, and provide support to members of the Business Development Team.

The candidate will have proven experience of underwriting Commercial and Residential property investment loans to Professional investors and it is preferred if the candidate also has experience in underwriting Property Development loans. Good experience and knowledge of Housebuilding and Building development funding; cashflow (unsecured) lending and underwriting owner occupier deals and balance sheet lending is also preferable.

The candidate also will need to be able to manage relationships at key levels and be a team player with a collaborative style to work across all areas of the business.

The candidate is likely to have gained this experience in a Commercial Bank or new Challenger Bank.