Grow with UTB

This is a hybrid role – 3 days in the office (City of London location) and 2 days working from home.

Role Purpose: 

• To proactively respond to requests for bridging finance from brokers/applicants for regulated and unregulated transactions
• To manage the underwriting and due diligence process from loan application to loan drawdown

Responsibilities: 

• Make lending decisions in line with Credit Risk Policy and individual mandate level
• Manage an average pipeline of 35 – 45 Bridging applications (or a pipeline that is in line with your peers/wider team volumes), subject to role and responsibilities from application to credit approval and drawdown to help the department achieve its annual target
• Adhere to internal underwriting policy and regulatory requirements – FCA, PRA, Money Laundering, Prevention of Financial Crime, Data Protection, etc.
• Work with Sales to progress cases from decision in principle to drawdown
• Prepare detailed credit papers with all appropriate conditions and present the proposition to Bridging Credit Committee
• Prepare and review the offer letter
• Proactively ensure that all pre commencement loan conditions have been satisfied and progress the case efficiently to drawdown
• Ensure that information concerning each loan is accurately and comprehensively entered in to the Bank’s electronic systems, both prior to and upon drawdown
• Ensure that all post completion activities have been completed in accordance with the Bank’s Policy and Process

Skills and Experience sought:

 Essential Experience

• Previous Bridging, Underwriting or lending experience within the property environment, preferably within both the regulated and unregulated market
• Professional communications skills, able to communicate with businesses and colleagues by telephone, email and face to face
• Strong understanding of the regulatory environment
• Liaising with Introducers and/or external customers
• Highly motivated individual, committed to providing outstanding service to customers and clients

Desirable Experience

• Previously and or holds a lending mandate
• 2+ years Bridging/Internal sales/Business development /Underwriting experience

UTB is a dynamic and expanding specialist bank that provides solutions to our customers and brokers, which help them achieve their ambitions. Recognised as being one of the most dependable and well-respected Specialist Banks in the UK, we were delighted to see our balance sheet exceed the £2bn mark in 2022.

Exceptional customer service and the ability to provide rewarding deposits accounts and flexible lending solutions have helped us to develop productive and enduring relationships with our customers. We understand that their success is our success and that the quality of our people and teams, is key to delivering special outcomes for them.

We also understand that the performance of our people is directly linked to the culture in which they work. There is a strong sense of community at UTB and as well as promoting a clear set of internal values, and providing a wealth of facilities for training, personal development, and team building, we run a busy and varied calendar of engagement and social activity. Typical recent examples include: Pizza Lunch Days and Coffee Catch-ups; London Marathon and Sahara Challenge Sponsorships; Success Sharing and Value Awards; and Awesome Autumn social events ranging from Theatre Trips, Cocktail Mixology, and Cookery Classes, to Go-karting, Mini Golf and Clay pigeon shooting.

• Competitive Salary and Bonus package
• 26 Days Holiday
• 2 Wellbeing Days
• Contributory Pension
• Life Insurance / Income Protection / Critical Illness cover
• Private Medical Insurance
• Season Ticket Loans
• Excellent career development opportunities and where appropriate sponsorship of a relevant qualification

Thank you for your interest in our current vacancy. Please click the link below to complete your online application.

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