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Underwriter - Development Finance

London
£55k – £70k/yr
Posted 17 days ago
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Underwriter - Development Finance

Underwriter – Development Finance

London | Hybrid Working

I'm currently working with a highly regarded specialist property lender that is continuing to invest heavily in its Development Finance division following a sustained period of growth. This is an excellent opportunity for an experienced Development Finance professional to join a collaborative, high-performing team where you'll take ownership of transactions from initial assessment through to completion, working closely with borrowers, brokers and internal stakeholders throughout the lending process.

The Role

As Underwriter, you'll be responsible for assessing residential development finance opportunities, preparing credit papers, managing due diligence and driving transactions through to drawdown. You'll work alongside an experienced origination team and gain exposure to a broad range of development projects across the UK.

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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?

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

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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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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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Key Responsibilities

• Review and analyse development finance proposals, including project viability, borrower strength and security assessment. • Conduct detailed financial and appraisal analysis using specialist development finance models. • Accompany Lending Directors on borrower meetings and site visits. • Prepare high-quality credit papers for Credit Committee. • Draft facility letters and manage conditions precedent. • Instruct and liaise with solicitors, valuers and monitoring surveyors. • Manage KYC, source of wealth/funds and regulatory requirements. • Take ownership of transactions from credit approval through to completion. • Deliver a high level of service to borrowers, brokers and professional partners.

About You • Experience within Development Finance, Real Estate Finance or Property Lending. • Strong credit analysis and credit writing skills. • Good understanding of residential development projects and lending structures. • Ability to manage multiple transactions and deadlines simultaneously. • Strong communication and stakeholder management skills. • A proactive and commercially minded approach.

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Why Consider This Opportunity? • Join a growing and well-funded specialist lender. • Work within a highly respected Development Finance team. • Exposure to a varied and interesting portfolio of development transactions. • Genuine long-term career progression opportunities. • Hybrid working model with a London-based team.

For a confidential discussion or further information, please get in touch and apply.

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Skills

Credit Analysis
Credit Writing
Stakeholder Management
Communication
Financial Analysis
Appraisal Analysis
Project Viability Assessment
Borrower Strength Assessment
Security Assessment
Due Diligence
Transaction Management
KYC Management
Regulatory Compliance
Proactive Approach
Commercial Mindset

Location

London, England, United Kingdom

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