Mortgage Underwriter

Job Title: Mortgage Underwriter

Location: Fleet with some flexibility to work from home up to 2 days a week once probation is passed

Salary: Depending on experience

Hours: Monday to Friday 9 am to 5 pm

Benefits:

1. 25 days annual leave plus bank holidays
2. Holiday purchase scheme
3. Extra day off on your birthday
4. Private Medical Insurance through AXA Health
5. 11% non-contributory pension scheme with the option to salary sacrifice
6. Enhanced Maternity, Paternity and Adoption pay
7. Life Assurance
8. Income Protection
9. Employee Assistant Programme
10. Extensive Learning and Development opportunities
11. 2 days paid volunteering each year
12. Electrical Vehicle Salary Sacrifice Scheme

About our Client:

Our client is a Buy-to-Let specialist lender that has been leading the way since 2014. They are committed to using the power of data-driven insights to fuel innovation. Aspiring professionals have the opportunity to study the CeMap alongside working to enrich their expertise and pave the way for a successful career journey.

The office space features prayer rooms, breastfeeding rooms, and quiet spaces, ensuring a comfortable and inclusive environment.

About the Mortgage Underwriter:

The successful candidate will provide vital support to all areas of the business, including criteria, property queries, title issues, tracing customers, and Suspicious Activity Reports related to fraud.

You will be a point of referral on complex cases, assessing whether the company can consider an application. You will accurately analyze and understand key elements of all mortgage applications, ensuring adherence to policies or recommending exceptions for approval.

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

Responsibilities of Mortgage Underwriter:

1. Manually underwrite portfolio and complex BTL cases.
2. Recommend portfolio and complex BTL cases to Funder.
3. Assist in maintaining and updating the lending policy by researching and recommending policy changes.
4. Develop and maintain cooperative relationships between all internal stakeholders, including Underwriting and Sales teams.
5. Work with fraud systems such as CIFAS, SIRA & Hunter to mitigate potential losses.
6. Investigate suspicious alerts identified by fraud prevention systems.
7. Exercise personal lending discretion when assessing exceptions.
8. Carry out Broker reviews, liaising with sales before removal of a Broker.
9. Assist in preparing Management Reports for Exco or Credit Committee meetings.

Experience required for Mortgage Underwriter:

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

Trusting Stellar Select:

At Stellar Select, our commitment goes beyond recruitment; it's about crafting experiences that elevate your career journey. We take pride in delivering excellent services to our candidates and always going the extra mile to ensure your success.

Our foundation is built on openness and transparency. We believe in clear communication with everyone we work with, fostering an environment of trust, honesty, and fairness.

Embark on your career journey with confidence, knowing that our services are designed with your success in mind.

For more information regarding the role of Mortgage Underwriter, please contact us.

Stellar Select is acting as an employment agency and is a corporate member of the REC.