Our client, a successful and well-respected financial services organisation based in Leicester, are currently recruiting for an Underwriter to join their underwriting team, reporting to the Head of Lending Operations.
Responsibilities:
- Ensure that quality new business is generated in accordance with Group Policy, strategy and risk appetite and that existing business is retained where possible
- Assess mortgage applications in accordance with Group Lending Policy criteria
- Review and approve mortgage applications for offer, in accordance with Group Lending Policy criteria, within mandate authority level
- Review and consider Decision in Principle requests, in accordance with Group Lending Policy criteria, within mandate authority level
- Assist in the checking and approval of Mortgage Offers for issue by Group Lending, as required
- Review and approve release of funds for mortgage completion, in accordance with authority levels for role
- Provide guidance and share experience with Mortgage Assessors to ensure that mortgage applications are dealt with and assessed in accordance with the Group Lending Policy and risk appetite
- Review and assist in the coordination of mandator referrals and ensure that they are reviewed by a relevant authorised mandator in a timely manner and decisions are appropriately communicated
- Participate in regular review of Mortgage Assessor pipeline cases to ensure that applications progress in a timely manner and provide guidance as required
- Assist in the preparation of Group Lending monthly data for submission to third party providers, suppliers or external parties
- Ensure that performance targets are met, and where possible exceeded, and conform to the Group’s strategic requirements.
Experience/ Skills required
- Recent underwriting experience
- CEMAP qualified
- Act with integrity
- Act with due skill, care and diligence
- Be open and cooperative with all regulators
- Pay due regard to customers interests and treat them fairly
- Observe proper standards of market conduct
The salary will initially be up to £25,450, however there is scope to progress and increase your salary within the year (dependent on experience) up to £30k and further earning potential.