Grow with UTB

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

Open to Internal Applicants Only 

Role Purpose:

• To proactively respond to requests for bridging finance from brokers/applicants for regulated and non-regulated 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
• Adhere to internal underwriting policy and regulatory requirements – FCA, PRA, Money Laundering, Prevention of Financial Crime, Data Protection, etc.
• Work with Internal Sales to progress cases from DIP to drawdown
• Preparing a detailed Credit Paper with all appropriate conditions and presenting the proposition to Credit Committee
• Instructing Valuers and Solicitors
• Following sanction from the relevant mandate holders, preparing/reviewing the offer letter and accompanying documents and being proactive in ensuring that all loan conditions have been met and the case moves efficiently to drawdown
• Ensuring that information concerning each loan is accurately and comprehensively entered into the Bank’s electronic systems, both prior to and upon drawdown
• The hand over to the Servicing teams Loan Administrators, a complete file with all post completion activities completed in accordance with the Bank’s Policy and Process

Skills and Experience sought:

• Highly motivated individual, committed to providing outstanding service to customers and clients
• Ability to analyse, negotiate and structure potential bridging loans in line with credit policy and present to Credit Committee when required
• Ability to form and maintain close working relationships with intermediaries, and professionals e.g. solicitors and Valuers
• Ability to communicate on different levels, both verbally and in writing
• Excellent time management skills with the ability to work under pressure to tight timescales whilst paying attention to detail
• A good team player, willingness to help their team to achieve its goals
• Commitment to high level of customer service

Essential Experience

• Previous Bridging, Underwriting or lending experience within the property environment
• Professional communication skills, able to communicate with businesses and colleagues by telephone, email and face to face
• Understanding of the regulatory environment
• Liaising with Introducers and/or external customers

Desirable Experience

• Previously held or currently 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
• matched pension contributions up to 7%
• 26 days annual leave plus two wellbeing days and opportunity to purchase additional holiday
• flexible and hybrid working
• private medical insurance via Vitality
• life, income protection and critical illness insurance
• enhanced family leave pay
• extensive learning and personal development opportunities
• electric car scheme and cycle to work scheme
• season ticket loan
• wellbeing support – discounted gym membership, employee assistance programme, 24/7 private GP access for staff and their immediate family (online), 1:1 key life stage coaching

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

Click here to apply >