Job Title: Development Underwriter
Job Location: Altrincham, Manchester
Job Salary: £35,000 - £45,000 DOE
Hours: Mon-Fri Working Hours
NO WEEKEND WORK!
Search Manchester have an opportunity for you to join the forefront of innovation and excellence with our Client who are a leading non-regulated Bridging & Development company based in Altrincham. Their commitment to delivering exceptional service and customised solutions sets them apart in the industry. As they continue to expand their operations, I am seeking an experienced Bridging Underwriter to play a pivotal role in our company's growth and success.
- Competitive salary with an annual bonus!
- Opportunity to work with a dynamic and forward-thinking team in a growing company.
- Supportive work environment with opportunities for professional development and career advancement.
- Medicash Package
- 25 days holidays + Bank
- Shut over Xmas
- Annual trip to Marbella
- Company seafront caravan in Wales, free to use!
- Potential hybrid working
- Convenient location in Altrincham, Manchester with access to amenities and transportation options
Responsibilities of an Development Underwriter:
- Serve as the primary liaison with brokers, providing expert guidance and support throughout the underwriting process for development projects.
- Evaluate development loan applications, assess risks, and make informed decisions on whether to proceed with the sale based on established criteria and company policies.
- Conduct comprehensive due diligence, including financial analysis, feasibility studies, and risk assessments, to determine the viability and profitability of each project.
- Collaborate closely with internal teams, including legal, and risk management, to ensure seamless coordination and adherence to regulatory standards.
- Communicate effectively with brokers to gather necessary information, address inquiries, and provide timely updates on the status of their applications.
- Stay abreast of market trends, industry regulations, and best practices in development finance to continuously enhance underwriting processes and mitigate risks.
Requirements of a Development Underwriter:
- Proven experience as a Development Underwriter in the financial services industry, with a strong understanding of development finance and property projects.
- Solid knowledge of underwriting principles, risk management techniques, and regulatory requirements applicable to development lending.
- Excellent analytical skills, with the ability to assess complex financial data, market trends, and project feasibility.
- Strong communication and interpersonal skills, with the ability to build and maintain relationships with brokers and internal stakeholders.
- Detail-oriented and organised, with the ability to manage multiple tasks and priorities in a fast-paced environment.
- Ability to work independently and collaboratively as part of a team, demonstrating initiative and a proactive approach to problem-solving.
Search is an equal opportunities recruiter and we welcome applications from all suitably skilled or qualified applicants, regardless of their race, sex, disability, religion/beliefs, sexual orientation or age.