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


  • 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.

  • 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


  • Desirable Experience
  • 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