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Caravel

Senior Underwriter moving into Head of Underwriting (Property Finance)

London
£80k – £110k/yr
Posted about 1 month ago
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This is an opportunity for a senior underwriter to join a growing property fund, with the aim of becoming Head of Underwriting (managing a team of two) within six months.

The firm is a well-backed lender with a lot of capital to deploy. They provide bridge loans (commercial and residential), commercial mortgages, and ground-up development finance up to £7.5m.

Why should you consider joining them?

  • They are institutionally backed, with a rigorous underwriting process, and do things properly.
  • You will see a variety of interesting deals.
  • Their originators are all ex-bankers who are trained in credit risk, so they only bring quality deals to the table (meaning you're not sifting through lots of deals that don't fit the criteria!).
  • They are well-backed and growing, so can offer career stability.
  • You can have input into shaping the underwriting processes as they grow.
  • They're a nice group of people with a collegiate atmosphere.
  • You have flexibility (you need to be in their London office two to three days per week).

Reasons to use Rodeo

I’m in my final year doing Economics and I don’t know whether to apply for grad schemes now or do a masters first. What do you think?

Honest answer — it depends on where you want to end up. A lot of top grad schemes (Big 4, civil service, banking) don’t need a masters. Let’s look at the ones you’d be competitive for now, and we can decide if a masters actually adds anything.

Also worth knowing: most autumn 2026 applications are open now. Timing matters more than you think.

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Grad scheme, placement, apprenticeship? Not sure what you want yet — that's fine. Your agent talks it through with you and turns "I have no idea" into a shortlist.

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Graduate Consultant — 2026 Scheme

PwC·London, UK
£35,000/yr

Why you're a good match

Strong

Your economics background and your summer at a regional bank line up with what PwC looks for on the consulting scheme. Applications close in four weeks.

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Why you're a good match

You’ve got the grades and the economics background, and your bank internship is exactly the experience this scheme looks for. Apply soon — deadlines close within the month.

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Strong

Experience fit

Your summer at the bank plus your econometrics coursework map directly to the day-one responsibilities on this scheme — client modelling, market briefings, and deal support.

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Strong

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What they need:

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  • 10+ years of experience in UK property finance.
  • Someone who has worked in a bank, so has been formally trained in credit risk.
  • Experience of short-term lending.
  • A strong personality who is capable of running a small team.

Salary is up to £110k, depending on experience.

If you have the relevant experience and want to chat before applying, please email me at ian.lawlor@caravelsearch.com.

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Skills

Property Finance
Credit Risk
Underwriting
Bridge Loans
Commercial Mortgages
Development Finance
Team Management
Short-term Lending

Location

London, England, United Kingdom

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