Underwriting Manager - Development Lending

Stellar Select Limited
16 Apr 2017
16 May 2017
Contract Type
Full Time

We have a great new vacancy for an Underwriting Manager in Development Finance to be based in London offering up to £80,000.

Responsibilities for the position of Underwriting Manager

  • Assess and underwriter development applications
  • Oversee day to day underwriting operations within the development team and keep the Head of Underwriting, MD and CEO apprised of significant events
  • Sign off further advances within agreed mandate
  • Manage the development loan book
  • Ensure stage drawdowns are managed in an efficient manner and within agreed service levels
  • Identify problem loans and proactively manage them to minimise problems
  • Manage a significant team of underwriters and ensure their professional welfare
  • Personally, underwrite larger loan applications
  • Recommend loans to credit committee where they fall outside of the lending mandate held

Experience required for the position of Underwriting Manager

  • Min of 3 years current underwriting experience to include holding a suitable development lending mandate
  • Experience of dealing with stage payment for development loans
  • Experience of arrears and collections process beneficial
  • Hands on knowledge of loan processing systems

Salary: Up to £80,000

Location: London

For more information regarding the role of Underwriting Manager please contact us

Stellar Select is acting as an employment agency and is a corporate member of the REC

Due to a high volume of applications, we will only contact you if your application has been successful. We aim to contact all successful contacts within two business days