Average Underwriting Manager salary in the UK

Kennedy Pearce are partnering with a London based Private Bank who offer Hybrid working in recruiting a Bridging Underwriting Manager JOB FUNCTION To be responsible for supporting, managing and motivating a team of Bridging Underwriters to meet key objectivesTo 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 KEY RESPONSIBILITIES Make lending decisions in line with Credit Risk Policy, Bridging Lending Procedures and individual mandate levelWork alongside the Heads of Unregulated/Regulated Underwriting and Quality Assurance to provide training to the Underwriting TeamWork alongside the Sales Team to provide deal structure guidance and underwriting supportReview and sign off of Credit Paper submissions, Offer Letters and files for completionMonitoring 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 documentComplete people management activity within the team, including monthly 1 to 1's, performance monitoring and objective reviewsAdhere to internal policy and regulatory requirements - FCA, PRA, AML, Prevention of Financial Crime, and Data Protection etc. ESSENTIAL EXPERIENCE REQUIRED Previous managerial experience of an underwriting, credit or lending team within a bridging/mortgage environmentHeld a lending mandateAbility to collaborate, build trust and influence at all levels Strong understanding of the regulatory environmentManaging and prioritising work for a team of people

An exceptional career opportunity is available, due to the company's success and expansion, for a Bridging and Underwriter, with a leading Bridging Lender. A market leading package is on offer, a competitive negotiable package, comprehensive benefits, and bonus. Hybrid working. A long-term career in a dynamic organisation and career progression. Bridging Underwriter General Purpose: To support the company growth objectives and targets by proactively Underwriting cases to completion. Ensuring cases are underwritten in line with policy, process, and product criteria. Bridging Underwriter Main Duties: Manage to completion the Underwriting of Bridging loans. From enquiry and offer through to completion.Seek the advice and guidance of Senior Team members and the Credit Manager to increase your knowledge and understanding.Work with the Credit Department to ensure completion of cases and oversee manage communication with the client, Solicitors and Brokers throughout the process.Focus on your own continuous improvement and identify ways to improve your working methods.Support the team with workload and holiday cover as required.Maintain accurate records and system information.Ensure best practice and optimum performance on Bridging loan completions.Support your own learning and professional development by keeping up to date with legal and industry changes.Manage allocated broker relationships.Produce the valuation instruction letters, instruction to solicitors and security documents before they are sent to solicitors in line with the Underwriter policy guidelines.Attend training sessions.Instruct and review valuations and asset manager reports for cases under your supervision liaising with your panel Solicitor where appropriate.Always remain focussed on meeting individual KPIs and departmental targets for quality, service, and volumes - always demonstrating a positive can-do attitude. Bridging Underwriter Person Specification: Good communication skills - oral and written.Experience of underwriting short term bridging loansFocused and self-motivate.Positive and proactive attitudeProfessional and responsibleGood organisational skills and excellent attention to detailAbility to work to targets.Relationship Management and Customer Service skills APPLY TODAY or call Robert at Recruitment Solutions for further details.

My client is looking for a bridging underwriter to support the company's growth objectives and targets by proactively Underwriting cases to completion. Ensuring cases are underwritten in line with lending and compliance criteria Underwriter responsibilities • Manage to completion the Underwriting of Development cases. From enquiry and offer through to completion.• Seek the advice and guidance of Senior Team members and the Risk Manager to increase your knowledge and understanding. • Work with the Legal and Credit Department to ensure completion of cases and oversee communication with the client and brokers throughout the process. • Focus on your own continuous improvement and identify ways to improve your working methods. • Support the team with workload and holiday cover as required. • Maintain accurate records and system information. • Ensure best practice and optimum performance on Development loans completions. • Support your own learning and professional development by keeping up to date with legal and industry changes. • Manage allocated broker relationships. • Review and approve the valuation instruction letters, instruction to solicitors and security documents before they are sent to solicitors in line with the Underwriter policy guidelines. • Instruct and review valuations, Asset Manager and Quantity Surveyor reports for cases under your supervision liaising with external professionals where appropriate. Essential • Development Bridging Underwriting experience • Good communication skills - oral and written • Focused and self-motivate • Positive and proactive attitude • Professional and responsible • Good organisational skills and excellent attention to detail • Ability to work to targets • Relationship Management and Customer Service skills *** Do not delay - apply now ***