Underwriter - Bridging Finance

At United Trust Bank, we believe that people achieve more together than alone. That’s why we’re dedicated to building great relationships, offering tailored solutions, and providing our clients and broker partners with the support they need to go further. This was true when we first opened our doors, and it’s still our approach today.

This is a hybrid role working 3 days per week in the office (City of London location or Manchester) and 2 days working from home.

Role Purpose:

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

Responsibilities:

• Make lending decisions in line with Credit Risk Policy and individual mandate level
• 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 the offer letter
• Proactively ensure that all pre commencement loan conditions have been satisfied and progress the case efficiently to drawdown
• Ensure that information concerning each loan is accurately and comprehensively entered in to the Bank’s electronic systems, both prior to and upon drawdown
• Ensure that all post completion activities have been completed in accordance with the Bank’s Policy and Process

Skills and Experience sought:

Essential Experience

• Previous Bridging, Underwriting or lending experience within the property environment, preferably within both the regulated and unregulated market
• Professional communications skills, able to communicate with businesses and colleagues by telephone, email and face to face
• Strong understanding of the regulatory environment
• Liaising with Introducers and/or external customers
• Highly motivated individual, committed to providing outstanding service to customers and clients

Desirable Experience

• Previously and or holds a lending mandate
• 2+ years Bridging/Internal sales/Business development /Underwriting experience

Equal Opportunities

We're an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. During the application process, you will be asked to complete an equality questionnaire on a voluntary basis and any data we collect will be treated confidentially and used for evaluation purposes. This will be for a period of 6 months or longer with your permission. This helps us understand our applicants so we can make sure we are doing everything we can to attract a diverse range of people and ensure our recruitment processes are fair and inclusive.