Development Finance Underwriter in London, Greater London
Posted by Fintelligent Search
If you’re an experienced Development Finance Underwriter looking for greater exposure across the full real estate lending lifecycle, this opportunity puts you at the centre of new transactions and portfolio management. You’ll assess property and borrower risk, shape credit recommendations and remain responsible for loans beyond completion.
As a Development Finance Underwriter, you’ll join a specialist property finance business growing its UK lending platform. You’ll have meaningful responsibility across underwriting, execution and ongoing loan management, working closely with borrowers and professional advisers.
Package & Benefits
- Salary of £90,000 to £95,000 per annum.
- Discretionary bonus.
You’ll join a specialist real estate lender providing bridging, refurbishment and development finance across residential, mixed-use and commercial property. The UK platform provides property finance facilities of up to £35m.
Key Responsibilities
- Complete detailed due diligence and credit papers covering borrower, property, development and exit risk.
- Appoint and manage lawyers, valuers and quantity surveyors, identifying transaction risks and recommending appropriate mitigants.
- Present transactions for credit approval and manage deals through the due diligence and completion process.
- Manage an existing loan portfolio, including development drawdowns, facility amendments, extensions and emerging credit issues.
- Experience underwriting property development, bridging or commercial real estate lending transactions.
- Experience completing property and borrower credit risk assessments and preparing detailed credit papers.
- Experience managing real estate loans following completion, including development drawdowns and facility amendments.
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Application opens at the source listing. Free for jobseekers.