Commercial Real Estate Underwriter

  • Location

    London, England

  • Sector:

    Operations & Middle Office

  • Job type:


  • Salary:

    Up to £40000 per annum

  • Contact:

    Ronnie McClughen

  • Contact email:


  • Job ref:


  • Published:

    7 months ago

  • Startdate:


As a Commercial Real Estate Underwriter you will be responsible for:

  • Underwriting Commercial Retail / Real Estate Credit proposals up to GBP 5 million.
  • Providing support to the Head Retail Credit in all operational areas of the Retail Credit Department.
  • Managing the assessment and processing of lending proposals from the Retail network primarily of CRE or Commercial Retail Credit and presentation of proposals to Sanctioning Committee.
  • Operational responsibility for the annual review process for all existing credit portfolio loans to ensure that all borrowing requirements and covenants are being adhered to.
  • Managing the review, assessment, investigation and minimising of credit risks associated with loan applications in accordance with the Banks operating policies and procedures.
  • Providing a clear rationale for agreeing or rejecting applications, prior to submitting to the Head Retail Credit.
  • Monitoring of existing loan portfolio, identifying early arrears or potential problem accounts and making necessary recommendations.
  • Liasioning with Solicitors / Valuation Firms for end to end solution for credit proposals
  • Presentation to Risk Committee and other UK management committees for introduction and renewal of new / existing products.

As a Commercial Real Estate Underwriter you will need:

  • Minimum two years' experience in underwriting or assessing credit proposals.

· Experience within the Commercial Real Estate space.

· Knowledge of Microsoft Office products

  • Knowledge of UK regulatory framework, principles and rules
  • Knowledge of UK lending environment
  • Ability to take a measured view, balancing risk management against business need.
  • Ability to clearly articulate opinions and summarise complex arguments

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