Completions Officer

Completions Officer

Full-Time 24000 - 40000 £ / year (est.) No home office possible
S

At a Glance

  • Tasks: Manage mortgage applications from offer to completion in a fast-paced environment.
  • Company: Join a successful and growing Specialist Lender based in London.
  • Benefits: Enjoy 25 days holiday, private healthcare, and flexible work options.
  • Why this job: Be part of a vibrant team making a real impact in the mortgage industry.
  • Qualifications: Experience in completions at a mortgage lender and solid knowledge of the mortgage process required.
  • Other info: Work from home 2 days a week and enjoy a competitive salary up to £40,000.

The predicted salary is between 24000 - 40000 £ per year.

Location: London (close to Liverpool Street Station), work from home 2 days each week

Salary: Up to £40,000

Working Hours: Monday to Friday, 9 am-6 pm or 8:30 am-5:30 pm

Benefits:

  • 25 Days Holiday
  • Pension scheme
  • Private healthcare
  • Discretionary Bonus
  • Other flexible benefits

About the role of Completions Officer:

My client is a successful and growing Specialist Lender in London, looking for an accomplished Completions Case Manager to join their vibrant team.

The successful candidate will be responsible for ensuring mortgage offer conditions are satisfied and money laundering checks completed. Managing a pipeline of cases in a fast-paced, pressured environment. Accurately assessing the risk attributed to the application ensures that the loan is both suitable and fit for purpose.

Responsibilities required for the role of Completions Officer:

  • Reporting to the Completions & Conveyancing Manager, the role is responsible for processing applications from receipt of a mortgage offer, through the legal process to release of funds and completion.
  • Dealing with both BTL and Bridging loan transactions from loan offer through to completion and working alongside a legal panel of lawyers to sign off legal inquiries, ensuring accurate legal titles.
  • Work with the finance team in processing release of funds for pending completions.
  • Liaise with Underwriters and New Business Team on any completion queries (i.e. COT received, completion call transfers, updates to all parties).
  • Communicate with intermediaries, valuers and solicitor enquiries by email or telephone, liaising with the underwriters as appropriate.
  • Reviewing legal correspondence from solicitors, providing responses, and referring queries to the underwriters and 3rd parties where appropriate.
  • Pursue outstanding documents ensuring offer conditions are satisfied before authorising release of funds.
  • Initiate pipeline management - advising conveyancers/underwriters when an application nears the end of its offer eligibility or valuation period or when a valuation nears expiry.
  • Meeting service level agreements and maintaining excellent customer service.
  • Authenticate the Certificate of Title to ensure details provided from the panel of solicitors are accurate and adequate to proceed to completion.
  • Processing of Certificates of Titles (COTs) to ensure compliance with all loan offer conditions prior to sign off by a senior team member.
  • Manage a pipeline of business closely to assist Structured Finance with forecasting the likelihood of completions and timings for draw-down of funds for completion along with completing Sales notices to draw down funds on your pipeline.
  • Additional management of the loan funding and completion fees working closely with our Finance Team.

Experience required for the role of Completions Officer:

  • Completions experience in a similar role at a mortgage lender.
  • Solid knowledge of end-to-end mortgage process, particularly the legal process from offer to completion and release of funds.
  • Experience of credit reference agencies, Land Registry, and fraud avoidance tools.
  • Proficiency in dealing with solicitors and mortgage brokers.
  • Experience of performing AML, KYC, and associated ID checks.
  • Good communication, analytical and numeracy skills.
  • Ideally experience of processing both BTL and Bridging proposals.
  • Track record managing a caseload of proposals for a mortgage lender.
  • Experience handling transactions involving Ltd company, foreign nationals, and offshore companies would be desirable.

For more information regarding the role of Completions Officer please contact us.

Completions Officer employer: Stellar Select

As a Completions Officer at our thriving Specialist Lender in London, you will be part of a dynamic team that values collaboration and innovation. Enjoy a competitive salary of up to £40,000, alongside generous benefits including 25 days holiday, private healthcare, and a pension scheme, all while benefiting from a flexible work culture that allows for remote work two days a week. With ample opportunities for professional growth and development, this role offers a rewarding career path in a supportive environment, ideally located near Liverpool Street Station.
S

Contact Detail:

Stellar Select Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Completions Officer

✨Tip Number 1

Familiarise yourself with the end-to-end mortgage process, especially the legal aspects from offer to completion. This knowledge will help you stand out during interviews, as it shows your understanding of the role's requirements.

✨Tip Number 2

Network with professionals in the mortgage lending industry, particularly those who have experience as Completions Officers. Engaging with them can provide valuable insights and potentially lead to referrals.

✨Tip Number 3

Brush up on your communication skills, as you'll need to liaise with various stakeholders like solicitors and mortgage brokers. Practising clear and concise communication can give you an edge in both interviews and the role itself.

✨Tip Number 4

Demonstrate your ability to manage a pipeline of cases effectively. Prepare examples from your past experiences where you've successfully handled multiple tasks under pressure, as this is crucial for the Completions Officer role.

We think you need these skills to ace Completions Officer

Completions Experience
End-to-End Mortgage Process Knowledge
Legal Process Understanding
Risk Assessment Skills
Pipeline Management
Communication Skills
Analytical Skills
Numeracy Skills
Experience with Credit Reference Agencies
Knowledge of Land Registry
Fraud Avoidance Tools Familiarity
AML and KYC Compliance
Proficiency in Dealing with Solicitors and Mortgage Brokers
Experience with BTL and Bridging Proposals
Caseload Management
Transaction Handling for Ltd Companies and Foreign Nationals

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in completions and mortgage processes. Emphasise your familiarity with legal procedures, risk assessment, and managing a pipeline of cases.

Craft a Strong Cover Letter: Write a cover letter that specifically addresses the responsibilities mentioned in the job description. Mention your experience with BTL and Bridging loans, as well as your ability to liaise effectively with solicitors and underwriters.

Showcase Relevant Skills: In your application, clearly demonstrate your analytical skills, attention to detail, and communication abilities. Provide examples of how you've successfully managed caseloads and met service level agreements in previous roles.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or typos. A polished application reflects your professionalism and attention to detail, which is crucial for the role of Completions Officer.

How to prepare for a job interview at Stellar Select

✨Know Your Mortgage Processes

Make sure you have a solid understanding of the end-to-end mortgage process, especially the legal aspects from offer to completion. Brush up on your knowledge of AML, KYC, and ID checks, as these are crucial for the role.

✨Demonstrate Your Communication Skills

As a Completions Officer, you'll be liaising with various parties including solicitors and mortgage brokers. Prepare examples of how you've effectively communicated in past roles, especially in high-pressure situations.

✨Showcase Your Analytical Abilities

Be ready to discuss how you assess risks and manage a pipeline of cases. Highlight any experience you have with credit reference agencies and fraud avoidance tools, as this will demonstrate your analytical skills.

✨Prepare Questions for the Interviewers

Think of insightful questions to ask about the company culture, team dynamics, and expectations for the role. This shows your genuine interest in the position and helps you determine if it's the right fit for you.

S
Similar positions in other companies
UK’s top job board for Gen Z
discover-jobs-cta
Discover now
>