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Family Office Backed Lender - Underwriter

Employer
Deverell Smith
Location
England, London
Salary
£40000 - £60000 per annum
Closing date
22 Oct 2018
Reference
PR/021146

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Sector
Property
Contract Type
Permanent
Hours
Full Time
Specialism
Finance and Investment

Job Details

An exciting opportunity to join a family office backed alternative lender has just opened up. They specialise in short term bridging and development loans with a focus on flexible and quick loans, which is a selling point to their clients. The company has been growing rapidly and it is this that has brought about the need to expand.

The role is based in Central London and the opportunity to join as an underwriter is an exciting opportunity for the right candidate. The successful candidate will have the experience in similar role that will allow them the ability to work independently and advise as to the best course of action. The role will involve underwriting property transactions of a range between £250,000 and £2,500,000.

The right candidate will be experienced in underwriting property transactions be that residential development loans or a similar ilk.

The role will entail:

  • Preparing and reviewing preliminary loan offers
  • Review and analyse the loan whilst carrying out internal valuation studies of the loan
  • Prepare final credit papers incorporating all internal and external analysis undertaken

The ideal candidate will:

  • Have experience in the development finance area
  • OR be recently MRICS qualified and have appropriate industry experience
  • Have leadership qualities with the potential to lead and train a team in the future
  • Be able to take responsibility of Loan transactions and manage a pipeline of deals

The role is paying a salary of £40,000 to £60,000 with a bonus structure on top.

If this is of interest please do get in contact with Will Matterson at Deverell Smith on 020 7291 0910 or alternatively email me at will.matterson@deverellsmith.com

Company

Deverell Smith are the UK’s fastest growing property recruitment firm offering strategic recruitment services across all disciplines of the property industry both domestically and internationally. We cater for all levels of seniority and provide individuals on a permanent, temporary, contract and interim basis. 

People are our business so whether you are a Deverell Smith client, candidate or employee, you are always our top priority and we promise to make a positive and tangible difference. Like you, we love property. Most, if not all, of our staff have joined us from the property industry and this gives us the insight, understanding and credibility to make lasting and value-adding placements. Ultimately, we believe – and can prove – that we can make a career and change the course of a business. 

Company info
Website
Telephone
+44(0)20 7291 0900
Location
2nd Floor
Cannon Green
1 Suffolk Lane
London
London
EC4R 0AX
GB

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