Commercial Real Estate Junior Underwriter

City & Capital are currently representing a highly respected & fast-growing property finance lender who are achieving exciting growth. They have engaged our services to appoint highly motivated and diligent Junior Commercial Real Estate Underwriter to their brand new CRE division, at a very exciting time for the business.

The Company

Our client supports property development and investment professionals with access to funds for a range of commercial and semi-commercial real estate projects. Core offerings include bridging finance, development exit loans, commercial mortgages and BTL, with funding capacity to satisfy small or large CRE loans.

Our client has grown significantly in recent years, driven by the ambition to be the leading player in the market, and backed by strong investment and a long & successful track record in the specialist lending arena.

This growth is set to continue through further market expansion and innovative borrower solutions.

This will drive more applications than ever before, making the growth of the CRE underwriting team a key focus for the business.

The Department & Team

The Commercial Real Estate team focusses on semi-commercial and commercial property finance applications generated by the different sales functions within the business.

Loan sizes can vary from smaller requirements, to much larger, and more complex CRE loans. The department is headed up by an experienced Head of CRE with the support of the Chief Credit Officer.

This department was launched due to the significant volume of commercial applications and is set to grow substantially, in line with success. You will join a diverse team of underwriting experience and will partner with commercial RMs to support the needs of borrowers.

Role Overview

As Junior CRE Underwriter your core focus will be to assess semi-commercial and commercial property finance enquiries with a view to making recommendations on funding viability to senior management.

You will oversee your own pipeline of cases and will work closely with the internal sales, team as well as relevant brokers and borrowers, to identify & obtain the information required to accurately assess the loan.

For each loan within your pipeline that you feel meets the relevant criteria, you will then work with the senior management team and credit with a view to preparing the loan for funding.

For larger, or more complex CRE loans, you will increase your expertise and experience in this area by supporting the Senior Underwriter's activity for deal build and assessment.

This is a role that comes with a lot of support and development to assist you in enhancing your technical CRE underwriting skills within the role.

It is also a role that comes with plenty of progression potential too.

Responsibilities

• Partner closely with the sales functions & brokers on new CRE applications
• Identify and onboard the required information to accurately assess the loan
• Manage and maintain your own pipeline of loans through to sanctioning
• Ensure loan activity aligns with internal SLAs to enable timely funding
• Work alongside Senior Underwriters on larger & more complex cases

Candidate Requirements

• Experience?within bridging, BTL, commercial or development finance
• May suit a current Underwriter of experienced Case Manager/Loan Admin
• Confident communicator when dealing with brokers, borrowers & colleagues
• A strong attention to detail and highly numerical
• Demonstrable?success?against?objectives?in?previous?roles?key
• Ambitious and keen to grow with the firm

On Offer

Our client is ideally looking to pay between c£45k - £60k as a basic salary for the ideal individual, relevant to experience. Higher offers may be considered for exceptional talent. Salary will be complemented by access to our client's favourable bonus structure too, which will significantly increase year on year earnings.

Most notably, this is a genuine opportunity to join one of the UK's fastest growing companies at an extremely exciting time for their business. Due to the company's big push on CRE they are very keen to make these Junior Underwriter hires quickly.

Our client operates a strong and proven promote from within policy too, meaning opportunities to propel salary & career standing forward within may be prevalent, where excellent performance is delivered. Happy to expand on this should we speak.

Due to this, we do not expect these roles to be available for long.

As this role is highly collaborative across functions you will be based in our clients fantastic Mayfair offices Monday - Friday.

Next Steps

There is a reasonable amount of urgency to fill this position in line with objectives.

Due to the nature of the role & opportunity, you do not expect it to be on the market for long!

If this role does sound like one that you are both qualified for and interested in, then we look forward to your application as soon as possible.

Once we have reviewed your application we will be in touch with an update.

We look forward to hearing from you.