Mortgage Underwriter

BTL Underwriter / Underwriting / Mortgages / BTL / Commercial / Permanent / Hybrid / Birmingham / £350k Mandate

Our client, a fast-growing Challenger bank is seeking a highly skilled BTL Underwriter to join their dynamic team. You will join a close-knit team of credit professionals and will work with the Relationship Management, Operations, and Risk teams to support brokers and SMEs in underwriting a range of loans including Mortgages & Buy to Let (BTL).

Responsibilities

• Assess and underwrite new lending applications (Mortgages & BTL).
• Prepare detailed underwriting notes in support of credit proposals, approving/rejecting applications in line with policy, or recommending where mandate levels are exceeded.
• Support SME customers; check documentation for completeness, adherence to credit policy and ensure full compliance with legislation and regulatory requirements.
• Act as a point of contact for queries from brokers/customers.
• Provide feedback to Risk, Relationship Management and brokers on the quality and completeness of applications.
• Re-underwrite a sample of mortgages/buy-to-let loans acquired by the Bank from third parties to ensure lending criteria and risk appetite are adhered to.
• Act, at all times, in line with the Bank’s core values and to ensure good customer outcomes, providing an excellent standard of customer service.
• Consistently work in an efficient and productive manner, be curious and raise opportunities for improving the efficiency of processes.

Experience

• Underwriting experience - Mortgages & complex Buy to let (BTL).
• Proven critical analysis of prospective borrowers.
• Strong understanding of regulatory requirements including BCOBS, MCOB, CONC.

Qualifications & Personal Characteristics

• A passion for delivering an exceptional customer experience with a client-centric approach to work.
• A high attention to detail, and sound and reasoned judgement based on an independent and thorough analysis of facts and relevant factors including internal policies and regulations (e.g. CONC).
• A talented collaborator and communicator, able to bring colleagues together to reach the best way forward for the customer and the Bank.
• The ability to work in a team environment and build strong working relationships with peers to contribute to team goals.

Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Finance