Underwriting Manager

Nicosia (UWM0524)


Founded in 1993, Consulco has emerged into a specialised alternative investment manager with significant experience in the London property market. World class performance, unshakable ethics, perseverance, and attention to detail have placed Consulco in a position to serve investors across the globe. With offices in London, Dubai and Nicosia we provide specialised investment management solutions in our niche market.

Consulco is currently in the process of recruiting an Underwriting Manager for its Credit business, which is the Group’s flagship investment product providing access to London’s lucrative short and medium-term lending market.

The successful candidate will be reporting to the Head of Credit and joining a strong team of professionals with legal, finance and banking backgrounds. The team works intensely with external finance, credit lawyers and other professionals both in the UK and Cyprus to support the firm’s lending, underwriting, funding, suppliers and recovery processes.

Consulco maintains fully fledged offices in Cyprus and London and while the position is based on-site in Nicosia periodical travelling to London may be required.


Role Summary:

The Underwriting Manager will be responsible for assessing and evaluating enquiries within his/her mandate, underwrite cases, submit proposals to the credit committee, monitor drawdowns, redemptions and defaults including recovery.


Key Responsibilities:

  • Assessing and underwriting loan applications in line with credit risk policy and individual mandate level.
  • Keeping up-to-date knowledge of key issues (e.g., legal, regulatory, market / credit / operational risk, compliance etc.).
  • Liaising with internal departments (legal, compliance, finance, sales) and external parties (surveyors, solicitors, receivers) to effectively manage the lending and recovery process.
  • Attending committee meetings.
  • Making recommendations about procedural / policy changes.
  • Assisting with special projects that may be appointed.
  • Monitoring of loan portfolio.
  • Dealing with and resolving problems and issues which arise.


Knowledge and Skills:

  • Bachelor’s degree in Finance, Business, or related field. A Master’s degree or professional certification in credit management is a plus.
  • At least 5 years proven experience in credit underwriting with a focus on bridge finance loans.
  • Strong leadership and team management skills, with the ability to motivate and coach team members.
  • Excellent negotiation and communication skills, with the ability to interact effectively with borrowers and external partners.
  • Knowledge of relevant regulations and compliance requirements in the financial services industry.
  • Analytical mindset with the ability to assess data, trends, and performance metrics to drive recovery strategies.
  • Proficiency in financial software and tools for tracking and managing recovery activities.
  • Ability to work under pressure, meet deadlines, and adapt to changing priorities in a fast-paced environment.
  • Fluent in Greek and English language.


Compensation package:

  • Attractive compensation
  • Excellent career development potential
  • Provident Fund & 13th salary
  • Covered parking place


Interested applicants can forward their most up to date English CV at careers@consulco.com and quote the vacancy reference UWM0524. All applications will be treated in strict confidence. Only successful applicants will be contacted.

Consulco is an Equal Opportunities Employer