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- Tasks: Lead and develop mortgage processing teams while managing underwriting for BTL loans.
- Company: Join a vibrant company that prioritizes employee well-being and work-life balance.
- Benefits: Enjoy a hybrid work model with 2 days in-office and 3 days remote.
- Why this job: Be part of a dynamic team focused on delivering excellent customer service and outcomes.
- Qualifications: Must have management experience and a current BTL mortgage mandate.
- Other info: Located in Milton Keynes, this role offers a chance to make a real impact.
The predicted salary is between 43200 - 72000 £ per year.
Do you want to work for a vibrant company who have drive and ambition but put their employees at the heart of what they do? Our client is exactly that company. They believe in working hard to achieve their goals, but they want their staff to have fun and a work life balance.
Our client is a BTL specialist, offering a wide portfolio of BTL mortgages to their customers. They have a fantastic opportunity for an experience, BTL specialist to join them as an Underwriting Manager. In this role, you will manage the end to end mortgage processing and underwriting teams, ensuring all loans are written within the company’s risk appetite, alongside providing a best of class service to intermediary partners and borrowers.
Their head office is based in Milton Keynes, and they operate a hybrid working policy. They ask for 2 days based at their head office, which must be a Monday and Thursday, then 3 days working remotely.
Duties of the Underwriting Manager will include:
- Lead, manage and develop the mortgage processing teams to deliver an excellent customer journey.
- Act as a senior underwriter, approving Buy to Let loans within mandate and carrying out 2nd case reviews on loans underwritten by the team.
- Work with the compliance team to monitor and develop oversight controls to ensure consistent delivery of good outcomes for customers.
- Deal with and action post offer queries from the outsourcing servicing partner.
- Manage the third-party relationships to ensure service levels, controls and governance are maintained.
The successful individual will possess:
- Previous management/team leadership experience
- A current or recently held BTL mortgage mandate, alongside experience of manual underwriting BTL complex mortgage applications (inc. LYD company, HMO, Multi Let properties)
Underwriting Manager employer: Ultimate Banking
Contact Detail:
Ultimate Banking Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriting Manager
✨Tip Number 1
Familiarize yourself with the latest trends and regulations in the Buy to Let mortgage market. This knowledge will not only help you stand out during discussions but also demonstrate your commitment to staying updated in a fast-paced industry.
✨Tip Number 2
Network with professionals in the BTL sector, especially those who have experience in underwriting. Attend industry events or join relevant online forums to connect with potential colleagues and learn from their experiences.
✨Tip Number 3
Prepare to discuss your management style and how you’ve successfully led teams in the past. Be ready to share specific examples of how you've improved processes or enhanced customer journeys in previous roles.
✨Tip Number 4
Understand the company's culture and values by researching their mission and employee testimonials. Tailor your conversations to reflect how your personal values align with theirs, emphasizing your desire for a balanced work environment.
We think you need these skills to ace Underwriting Manager
Some tips for your application 🫡
Understand the Company Culture: Before applying, take some time to understand the vibrant company culture of your potential employer. Highlight in your application how your values align with their focus on employee well-being and work-life balance.
Tailor Your CV: Make sure your CV reflects your experience in managing mortgage processing teams and your expertise in BTL mortgages. Use specific examples that demonstrate your leadership skills and your ability to deliver excellent customer service.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the Underwriting Manager position. Discuss your previous management experience and how it has prepared you for leading a team in a fast-paced environment. Mention your familiarity with BTL complex mortgage applications.
Highlight Relevant Skills: When detailing your experience, emphasize your current or recently held BTL mortgage mandate and your manual underwriting skills. Make sure to mention any experience you have with compliance and oversight controls, as these are crucial for the role.
How to prepare for a job interview at Ultimate Banking
✨Show Your Leadership Skills
As an Underwriting Manager, you'll be leading teams. Be prepared to discuss your previous management experiences and how you've successfully developed and motivated your team members.
✨Demonstrate Your BTL Expertise
Make sure to highlight your knowledge of Buy to Let mortgages and any relevant mandates you hold. Be ready to discuss complex cases you've handled, especially those involving HMO or Multi Let properties.
✨Emphasize Customer Service
This role focuses on delivering an excellent customer journey. Prepare examples of how you've ensured great service in past roles, particularly in managing relationships with intermediary partners and borrowers.
✨Discuss Compliance and Risk Management
Since the role involves working closely with compliance teams, be ready to talk about your experience with oversight controls and how you've ensured good outcomes for customers while managing risk.
