Role: Mortgage Underwriter
Location: Head office based in Staffordshire, however mainly remote working with one day per week office based.
Hours: 35 hours per week, worked flexibly between the hours of 8am and 6pm, Monday to Friday.
Our client, a successful and well-respected financial services organisation, is currently recruiting for a Mortgage Underwriter to work as part of the Mortgage Underwriting Team with responsibility for making sound lending decisions, processing new mortgage and additional borrowing applications to offer stage in a compliant manner and in line with the company’s policies/procedures and service level agreements.
Responsibilities for Mortgage Underwriter:
- Review and process the mortgage submission and application forms ensuring that all relevant paperwork is present and accurately completed and correctly input into the Activate system
- Assess new mortgage applications/additional borrowing applications within required service standards to determine if the application meets with the criteria of the product conditions and Responsible Lending Policy and to provide a rationale for their decision to lend/or to decline the application where necessary
- Review the application to determine whether a referral is required either internally/ externally or to a higher mandate holder, as required
- Fully complete all required Mortgage Applications Check Forms adding appropriate conditions, hold codes and collateral codes
- To communicate effectively and in a timely manner with intermediaries/customers/colleagues to ensure that applications are processed efficiently, and information requests are complete and accurate (right first time)
- Liaise with internal/external bodies to progress new mortgage business through to Offer within required timescales, monitoring and chasing any missing information
Experience/qualifications required for Mortgage Underwriter:
- Previous experience and knowledge of mortgage processing is essential
- Knowledge of Lending Policy is required although training will be provided
- Computer literate with knowledge of Word and/or Excel
Flexibility around working hours and Saturday mornings are required on occasions as well as travel to other business locations when required.