Credit Underwriter

Job Title: Credit Underwriter

Location: Fleet, Hampshire

About Fleet Mortgages

Fleet Mortgages is a major player in the specialist Buy to Let Mortgage market. We are growing our business and have an opportunity for a Credit Underwriter to join our team in Fleet.

We take pride in our open, inclusive and collaborative culture which recognises that our staff and our customers are very much at the heart of our thriving business.

What we can offer you

We offer a competitive package of benefits including the flexibility to work from home 2 days per week, 25 days annual holiday plus bank holidays with the opportunity to purchase up to 5 additional days, an extra day off on your Birthday, 11% non-contributory pension and a discretionary annual bonus. Furthermore, you would be entitled to free private health insurance, life assurance, income protection and enhanced parental leave packages. We also offer volunteering days and an EV salary sacrifice scheme.

There would also be the opportunity to gain formally recognised industry qualifications within a team oriented and friendly business. As part of your personal career development plan, Fleet Mortgages will fully fund external training courses, for example CeMAP, ACCA, CIMA and CIPD. We also offer a programme of internal and external training course to help your professional and personal development.

Job Purpose:

To provide vital support to all areas of the business, from criteria, property queries, title issues, tracing customers, Suspicious Activity Reports to fraud.

To be a point of referral on complex cases from around the business, as to whether we can consider an application. To accurately analyse and understand key elements of all mortgage applications, whilst ensuring adherence to all Fleet Mortgages policies or where the case is of good quality but outside policy recommend to our funders as an exception for all approval.

Also help to protect the Company from the risk of fraud by using our anti-fraud systems such as CIFAS and SIRA to investigate and act upon information received in a timely manner.

To provide a professional, efficient, and high standard of customer service to the rest of business, Fleets’ customers, intermediaries, valuers, and solicitors.

Key Outputs and Responsibilities:

• To manually underwrite portfolio and complex BTL cases.
• To recommend portfolio and complex BTL cases to our Funder.
• To assist in maintaining and updating the lending policy, by researching, and recommending policy changes.
• Develop and maintain co-operative relationships between all internal stakeholders and investigate all referrals in a professional manner. (Underwriting and Sales).
• Work Fleets Fraud systems such as CIFAS, SIRA & Hunter to mitigate potential losses.
• To investigate suspicious alerts identified by our fraud prevention systems.
• Exercise personal lending discretion when assessing exceptions.
• Carrying out Broker reviews, liaising with sales before removal of a broker.
• To assist in preparing Management Reports, ensuring they are prepared in time for Exco or Credit Committee meetings.

Qualifications and Experience:

• Current or previous experience of working within the mortgage industry with a strong mortgage underwriting background, preferably with at least 5 years underwriting experience and having currently or previously held a mandate.
• Proven ability to exercise good commercial and professional judgment.
• Effective communication skills both written and verbal.
• Good attention to detail.
• Adaptive to ongoing change.
• PC literate with a knowledge of Microsoft Office products.
• Enthusiastic, flexible, and keen to learn and develop a career.
• Knowledge of CIFAS & SIRA systems would be beneficial but not essential.