Job Title: Underwriting Team Manager
Location: Hertfordshire
Salary: Up to £80,000
Hours: Monday to Friday 9 am to 5.30 pm
About our Client and the role of Underwriting Team Manager:
We are working closely with our client, a specialist mortgage broker, to appoint an Underwriting Team Manager. This is a fantastic opportunity to join a fast-growing lender in the property finance space. The successful candidate will play a key leadership role within the underwriting function, responsible for managing a team of underwriters and origination personnel.
You will be instrumental in delivering high-quality lending decisions, overseeing complex bridging finance transactions, and ensuring efficient workflow management. This role requires someone with strong interpersonal skills to maintain excellent working relationships with brokers, solicitors, valuers, and internal stakeholders.
Responsibilities for the role of Underwriting Team Manager:
- Manage a team of underwriters and origination staff, overseeing workflows and reporting to the Risk Manager or Chief Risk Officer.
- Ensure a consistently high quality of underwriting output across the wider team.
- Personally underwrite bridging loan applications from start to finish in line with lending policies, managing a live pipeline of approx. 15+ cases.
- Maintain ongoing contact with brokers, solicitors, and valuers to ensure optimal service levels and efficient case progression.
- Continually assess and mitigate risk across individual and team pipelines.
- Prepare and present credit papers to the internal credit committee, articulating the risk and strength of each deal.
- Collaborate with finance and treasury teams to ensure timely drawdown of funds.
- Provide regular updates to internal teams and stakeholders regarding case progression.
- Review and improve internal policies and processes, maintaining efficiency and compliance.
- Work towards individual and team KPIs and manage workload to meet key deadlines.
- Maintain regular communication with the Risk Manager to ensure alignment with business goals.
Experience required for the role of Underwriting Team Manager:
- A minimum of 5 years’ experience in specialist finance underwriting, ideally within bridging finance.
- Experience managing underwriting or origination teams.
- Hold a personal lending mandate of £500,000 or more.
- Strong technical underwriting knowledge and risk assessment capability.
- CeMAP qualification preferred.
- Excellent written and verbal communication skills.
- Ability to build and maintain relationships with a variety of stakeholders including brokers, legal partners, and internal departments.
For more information regarding the role of Underwriting Team Manager please contact us
Stellar Select is acting as an employment agency and is a corporate member of the REC.
Due to a high volume of applications, we will only contact you if your application has been successful. We aim to contact all successful contacts within two business days.
