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:

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

About our Client:

Our client is a Buy-to-Let specialist lender that has leading the way since its 2014. They are more than just a financial institution and 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 paving the way for a successful career journey.

The office space features prayer rooms, breastfeeding rooms, and quiet spaces, ensuring that every individual has a comfortable and inclusive environment. Need some solo time for focused work? Discover the convenience of singular pods, offering a dedicated space for independent tasks.

Our client invites you to be a part of a community where your skills are valued, your growth is nurtured, and your contribution shapes the trajectory of the company.

About the Mortgage Underwriter:

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

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

Also, help to 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:

• To manually underwrite portfolio and complex BTL cases.
• To recommend portfolio and complex BTL cases to Funder.
• To assist in maintaining and updating the lending policy, by researching, and recommending policy changes
• Develop and maintain cooperative relationships between all internal stakeholders, including Underwriting and Sales teams, and investigate all referrals professionally.
• Work Fraud systems such as CIFAS, SIRA & Hunter to mitigate potential losses
• To investigate suspicious alerts identified by 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

Experience required to Mortgage Underwriter:

• Current or previous experience working within the mortgage industry with a strong mortgage underwriting background, preferably with at least 5 years of 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

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. Here’s what our complimentary service includes:

• Expert Consultants: We are your allies, dedicated to understanding your goals and guiding you toward success.

• Industry Expertise: Benefit from our in-depth knowledge of the industry, providing you with insights that set you apart in your career.

• 1-2-1 Experience Discussion: Your experiences matter. Engage in personalised discussions about your journey and how it aligns with the job role.

• Interview Preparation: Step into interviews with confidence. We provide thorough preparation to ensure you shine in every interaction.

• Negotiation of Job Offers: We’ll manage the negotiations on your behalf, aiming for offers that align with your expectations.

• Market Insights: Stay informed with the financial market insights that empower you to make informed career decisions.

• Recruitment Process Updates: No more uncertainty. We keep you in the loop with regular updates on your recruitment process.

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

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