Development Finance Underwriter

Overview

As Development Finance Underwriter, you will own risk assessment and credit decisioning across new transactions and ongoing loans. You’ll work within a specialist property finance platform, collaborating with borrowers, advisors and lawyers to structure deals. You’ll manage underwriting, execution and post-completion oversight, shaping credit recommendations and mitigating risks. This role offers end-to-end exposure from due diligence to portfolio management in a growing UK real estate lending business. You’ll be at the heart of scalable lending activity with meaningful impact on loan performance.

Pay / Benefits

• Salary 90,000 to 95,000 per annum
• Discretionary bonus

Responsibilities

• Complete detailed due diligence and credit papers covering borrower, property, development and exit risk.
• Appoint and manage lawyers, valuers and quantity surveyors, identifying transaction risks and recommending appropriate mitigants.
• Present transactions for credit approval and manage deals through the due diligence and completion process.
• Manage an existing loan portfolio, including development drawdowns, facility amendments and extensions and emerging credit issues.

Key requirements

• Experience underwriting property development, bridging or commercial real estate lending transactions.
• Experience completing property and borrower credit risk assessments and preparing detailed credit papers.
• Experience managing real estate loans following completion, including development drawdowns and facility amendments.

• underwriting property development
• credit risk assessments
• due diligence
• loan portfolio management
• development drawdowns
• facility amendments

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