Mortgage Underwriter

Posted 14 May by Optima Recruitment Easy Apply

Mortgage Underwriter

Processing and administration of loan applications received from initial acceptance to the checking of the release of the advance and the approval of Mortgage Offers.

Job Description:

  • Assess loan applications to ensure completeness of documentation
  • Undertake appraisal of applications received and submit recommendations
  • Underwriting checks to be undertaken to either the Assistant Manager, Loans Underwriting or Head of Loans Underwriting
  • Acknowledge application to applicant and intermediary
  • Case ownership from Application through to Offer
  • Drive application to offer times by tracking of mortgage pipeline within SLA’s
  • Issue and check the adequacy and authenticity of reference enquiries
  • Conduct of checks with professional institutions, as required to comply with procedures
  • Input and on-going maintenance of all applications received on recording systems
  • Despatch Mortgage Offers and Solicitors Instructions, if applicable, following approval
  • Respond to customer, intermediary or Solicitor enquiries by telephone, email or letter
  • Conduct checks of Certificates of Title to ensure compliance with all loan offer conditions
  • Arrange the preparation and timely despatch of loan proceeds
  • Conduct all related administrative tasks relating to the Loans Underwriting process

Person Specification:

  • Educated to GCSE level (at least 4 A-C grade including English and Maths) or equivalent
  • Previous Mortgage Underwriting experience gained within a Bank, Building Society or Regulated industry
  • Customer contact experience
  • Previous experience of mortgage/loans processing, including Buy To Let processing
  • Understanding of FCA regulations
  • Strong administrative and organisational ability
  • Excellent keyboard and IT literacy (including the use of Microsoft Word and Excel)
  • Excellent oral and written communication skills and ability to produce own correspondence
  • Confident, clear and professional telephone manner
  • Attention to detail
  • The ability to perform well under pressure
  • The ability to work to strict deadlines

Additional Information:

  • Based in Epsom
  • Up to £30,000 (depending on experience)
  • Monday - Friday, 9am - 5:30pm
  • Pension scheme
  • BUPA membership
  • Concessionary mortgage facilities
  • Bonus scheme (dependent on business performance)
  • Professional study support
  • Active sports and social club membership

We appreciate the time you took to apply for this vacancy, however due to the high level of applications that we receive, we can only respond to successful candidates. In the meantime, please check out our website to read more about our company and privacy policy.

Optima Recruitment specialists in Permanent & Temporary Recruitment, including; Administration, Secretarial & PA, Accounts & Finance, Graduate Opportunities, Human Resources, Recruitment Consultancy, Sales & Marketing, Customer Service and Legal.

Required skills

  • Building Society
  • Financial Services
  • Mortgage Underwriting
  • Underwriting

Reference: 34625820

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