Commercial Real Estate Senior Underwriter - City Capital : Job Details

City & Capital are currently representing a highly respected & fast-growing property finance lender who are achieving exciting growth. They have engaged our services to appoint highly motivated and diligent Senior Commercial Real Estate Underwriter to their brand new CRE division, at a very exciting time for the business.

The Company

Our client supports property development and investment professionals with access to funds for a range of commercial and semi-commercial real estate projects. Core offerings include bridging finance, development exit loans, commercial mortgages and BTL, with funding capacity to satisfy small or large CRE loans.

Our client has grown significantly in recent years, driven by the ambition to be the leading player in the market, and backed by strong investment and a long & successful track record in the specialist lending arena. This growth is set to continue through further market expansion and innovative borrower solutions.

This will drive more applications than ever before, making the growth of the CRE underwriting team a key focus for the business.

The Department & Team

The Commercial Real Estate team focusses on semi-commercial and commercial property finance applications generated by the different sales functions within the business.

Loan sizes can vary from smaller requirements, to much larger, and more complex CRE loans. The department is headed up by an experienced Head of CRE with the support of the Chief Credit Officer.

This department was launched due to the significant volume of commercial applications and is set to grow substantially, in line with success. You will join a diverse team of underwriting experience and will partner with commercial RMs to support the needs of borrowers.

Role Overview

As Senior CRE Underwriter your role will be multi-faceted but will focus on core areas for the department. Ultimately, your role will be to lead the assessment of the departments largest and most complex CRE loans, working with brokers and borrowers to determine funding viability for technical cases.

You will manage your own pipeline of cases and liaise closely with the Head of CRE and credit committee to deliver funded loans that meet the appetite and criteria of the business.

In support will be the department's Assistant and Junior Underwriters who will assist you on complex cases, supporting aspects such as identifying and onboarding information, and creating initial credit papers for assessment. As part of your role, you will mentor and guide junior staff members and their development, supporting the growth and knowledge of the department.

You will also work closely with the departments relationship managers to support the needs of current borrowers, wherever they arise. This may be new lending, or loan refinancing.

Responsibilities

• Partner with the Head of CRE & Credit on large & complex CRE cases
• Present opportunities to the credit committee where required
• Utilise the Asst & Junior Underwriters to achieve important SLAs
• Manage and maintain your own pipeline of loans through to sanctioning
• Support Assistant and Junior Underwriters to develop their underwriting skills
• Manage loans to completion

Candidate Requirements

• Previous CRE underwriting or credit experience essential
• Confident with larger ticket CRE loans and complex applications
• A team player, mentor & collaborator, at best when guiding & working with others
• Confident communicator when dealing with brokers, borrowers & colleagues
• A strong attention to detail and highly numerical
• Demonstrable?success?against?objectives?in?previous?roles?key
• Ambitious and keen to grow with the firm

On Offer

Our client is ideally looking to pay between c£70k - c£90k as a basic salary for the ideal individual, relevant to CRE experience. Higher offers may be considered for exceptional talent. Salary will be complemented by access to our client’s favourable bonus structure too, which will significantly increase year on year earnings.

Most notably, this is a genuine opportunity to join one of the UK’s fastest growing CRE Lenders at an extremely exciting time for their business. Due to the company's big push on CRE they are very keen to make this hire quickly.

Our client also operates a strong and proven promote from within policy too, meaning opportunities to propel salary & career standing forward within may be prevalent, where excellent performance is delivered. This would be toward leadership positions. Happy to expand on this should we speak.

Due to this, we do not expect these roles to be available for long.

As this role is highly collaborative with a strong element of mentorship, you will be based in our clients fantastic Mayfair offices Monday - Friday.

Next Steps

There is a reasonable amount of urgency to fill this position in line with objectives.

Due to the nature of the role & opportunity, you do not expect it to be on the market for long!

If this role does sound like one that you are both qualified for and interested in, then we look forward to your application as soon as possible.

Once we have reviewed your application we will be in touch with an update.

We look forward to hearing from you.