Underwriter

Posted 10 January by Ultimate Banking Ltd Featured

Our client is a fast growing specialist retail lending and savings group serving the UK and is authorised by the PRA and regulated by the FCA. They have built a strong reputation as a specialist lender offering a broad range of products to UK SME’s and consumers including Residential, Buy-To-Let/SME Mortgages and Personal Loans.

The core responsibility of the Underwriter role is the examination of all information necessary to complete a 1st & 2nd charge mortgage loans and the initiation of any contact that may be required of the client/broker/institution that may be necessary and the prevention of any potential fraud.

·Building and maintaining relationships with brokers/intermediaries

·Training brokers/intermediaries in systems, procedures and policies

·Responding to incoming customer telephone calls, identifying and then meeting customer requirements whilst providing a polite, professional and accurate response

·Promptly and accurately completing all related underwriting/administration activities

·The receipt and request of any outstanding documentation required to complete customer applications

·Updating brokers where required as to any action taken with customer applications

·Ensuring the successful and accurate completion of a customer’s application

·Carrying out Credit Reference checks when required on all applicants

·Completing the underwriting checklist accurately and then obtaining a manager’s sign off

·Ensuring the diary is chased accurately and promptly on a daily basis

·Ensuring compliance with the company’s book of instructions, standards and regulations

·Complying with Money Laundering/Fraud Prevention/Data Protection/FSA/CCA regulations

·Ensuring your own individual compliance with the company’s TCF policy

·Maintain the company’s compliance standards and own compliance training

The successful candidate will have:

·1yrs+ previous experience of working closely with brokers/intermediaries is desirable

·1yrs+ previous experience in a role manually underwriting mortgage loans is essential

·Good understanding of credit reporting systems (with an ability to read, interpret and apply information obtained) is essential

·Good working knowledge of Microsoft applications (in particular Word and Excel) is essential

Application question

Do you have previous mortgage underwriting experience?

Reference: 33817662

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