Senior Mortgage Underwriter

Job Description

My well-established, leading specialist mortgage lender based in Wolverhampton are looking for Mortgage Underwriters to join their existing team. If you are looking for a growing organisation with the opportunity for personal and professional growththis could be the company for you.Duties will include: -

• Underwriting allocated applications to offer, within assigned mandate level & agreed service standards, requesting further information from relevant stakeholders where required & verifying this on receipt.
• Offer mortgages to approved borrowers, within assigned mandate level & agreed service standards, requesting any outstanding information if required & verifying it on receipt.
• Review Agreement in Principle requests in a timely manner.
• Communicate with intermediaries by telephone and in writing, handle objections & provide objective feedback to any questions.
• Work closely with sales team to take consideration of time pressures & customer journey.
• Manage escalations & resolve technical queries from other team members
• Support the management team with the implementation of policy.
• Contribute to underwriting team meetings giving the benefit of your experience.
• Respond to complaints within SLAs seeking advice and guidance from Management where necessary.
• Attend the other OSB underwriting offices occasionally to assist with the group Target Operating Model.
• Identify any potential fraudulent activity and escalate any concerns to Management or the Compliance Department immediately.
• Support the Lending Assessors & less experienced underwriters where required with technical queries.
• Follow & keep up to date with current best practice & regulatory requirements & recommend improvements or changes to procedure.
• Participate in any ad-hoc or strategic project work as & when required.
• Take ownership of upskilling Lending Assessors assigned to you & supporting with the training of new staff members on process, policy or systems.
• Comply with the organisations Risk Management Policies as they relate to your area of responsibility & demonstrate in your day-to-day work that you put customers at the heart of everything you do.
• Ensure that you fully understand & comply with the organisations Data Governance Policies.
• Line manage / coach all direct reports, including all aspects of performance management, development, conduct, sickness management, appraisals, employee administration and recruitment.

Key Skills: -

• Essential you have previous experience as a mandated mortgage underwriter within a UK financial operation.
• Experience in underwriting residential mortgages (to include a mix of portfolio lending, specialist buy to let, credit repair/subprime, bridging and bespoke priced residential loans) is essential.
• Experience of creating loan recommendation documents and delivering them to an Executive Committee or Leadership Team is desirable
• Knowledge of the FCA/PRA regulations regarding residential mortgages is essential.
• Knowledge of the Data Protection Act, Anti-Money Laundering, MCOBS and MMR is advantageous.
• If you have any supervisory experience this would be advantageous.
• Excellent IT skills including MS Word / Powerpoint & Excel.

Keyskills :
LendingMortgage UnderwritingRegulatory RequirementsResidential MortgagesBTL