Grow with UTB

A new job opportunity with United Trust Bank.

Underwriting Manager | Bridging Finance

A new opportunity to work in our Bridging Finance team where you will be responsible for supporting, managing and motivating a team of Bridging Underwriters to meet their key objectives as well as being responsible for maintaining credit quality within the Bridging department. You will also be responsible for managing the Underwriters in the maintenance of credit standards and liaising with Quality Assurance in respect of ongoing monitoring and reporting.

Job Reference: BR051-24
Department: Bridging Finance
Reporting to: Head of Unregulated Underwriting
Location: London
Work pattern: Hybrid

Job description

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

Responsibilities:

Make lending decisions in line with Credit Risk Policy, Bridging Lending Procedures and individual mandate level
Work alongside the Heads of Unregulated/Regulated Underwriting and Quality Assurance to provide training to the Underwriting Team
Work alongside the Sales Team to provide deal structure guidance and underwriting support
Review and sign off of Credit Paper submissions, Offer Letters and files for completion
Monitoring 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 document
Complete people management activity within the team, including monthly 1 to 1’s, performance monitoring and objective reviews
Adhere to internal policy and regulatory requirements – FCA, PRA, AML, Prevention of Financial Crime, and Data Protection etc.
Identify opportunities and proactively make recommendations for continuous improvement
Undertake project and ad-hoc pieces of work at management request

Skills and Experience Sought:

Essential Experience

Previous underwriting, credit or lending exposure within a bridging/mortgage environment
Strong understanding of the regulatory environment
Liaising with Introducers and/or external customers

Desirable Experience

Managing and prioritising work for a team of people
Currently holds a lending mandate

About UTB

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.

Employee benefits

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