Development Finance Underwriter
City
Real Estate & Property
75000 Annual
Permanent
Are you ready to make a significant impact in the Development Finance sector? Our client is seeking a Development Finance Underwriter to join their dynamic team in London. This role offers a unique opportunity to guide development finance deals from start to finish, ensuring financial success and client satisfaction in the residential property market.With a salary ranging from 65,000 to 75,000 per year, this role comes with fantastic benefits including private medical insurance, an 8% non-contributory pension, and life assurance. Enjoy hybrid working arrangements and discounts at local and city gyms, plus charity days and a cycle to work scheme.Our client is focused on lending to small and medium-sized UK developers, supporting various property finance construction and refurbishment projects. They are committed to delivering exceptional customer outcomes and fostering a high-performing culture grounded in excellence and integrity.As a Development Finance Underwriter, your responsibilities will include:
- Reviewing and assessing project and corporate information from prospective customers.
- Conducting thorough financial reviews and viability analyses using the company's proprietary Appraisal Model.
- Accompanying Lending Directors on site visits and client meetings, ensuring follow-up on action points.
- Preparing Credit Papers for presentation to the Credit Committee.
- Drafting facility letters in line with Credit Committee approvals.
- Collaborating with Solicitors, Valuers, and project Monitoring Surveyors to address any issues.
- Annual salary of 65,000 - 75,000.
- Discretionary bonus scheme.
- Private medical insurance.
- 8% non-contributory pension.
- Life assurance.
- Discounts at local and city gyms.
- Charity days and cycle to work scheme.
- Hybrid working arrangements.
- A university degree or equivalent experience in the financial sector.
- Proven experience and enthusiasm for residential property and development.
- A keen understanding of property market trends.
- Experience in a fast-paced environment.
- Exceptional organisational and time management skills.
- Strong problem-solving abilities and attention to detail.
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