At a Glance
- Tasks: Review and assess mortgage applications while communicating with customers.
- Company: Join a forward-thinking B Corp dedicated to innovative lending solutions.
- Benefits: Enjoy a competitive salary, hybrid work, and up to 25 days off plus your birthday.
- Why this job: Be part of a dynamic team focused on financial well-being and career growth.
- Qualifications: 12 months' experience in loan processing and strong communication skills required.
- Other info: Exciting social events and funding for CeMAP qualification available.
The predicted salary is between 26000 - 39000 £ per year.
Are you ready to take on a new challenge as a Loan Underwriter in the heart of Manchester? Our client is going through extreme growth and is looking for someone to join their dynamic team. This role offers the chance to work with a company dedicated to empowering individuals and fostering financial well-being through innovative lending solutions.
This is a fantastic opportunity for a Loan Underwriter with an excellent salary of £32,500 plus monthly bonus. Enjoy excellent career progression opportunities, including funding for the CeMAP qualification, and be part of exciting social events.
Our client is a forward-thinking company committed to providing bespoke lending solutions to UK homeowners. As a Certified B Corp, they focus on empowering individuals and challenging traditional financial norms to promote long-term financial well-being.
As a Loan Underwriter, you'll be responsible for:
- Reviewing and manually underwriting second charge mortgage applications.
- Verifying documentation accuracy and requesting additional information when needed.
- Updating customer records and application details accurately.
- Assessing customers based on their individual circumstances.
- Communicating clearly with customers and stakeholders throughout the process.
- Meeting KPI requirements and targets.
Package and Benefits:
The Loan Underwriter role comes with a comprehensive package, including:
- Annual salary between £32,500.
- Competitive bonus scheme.
- Hybrid working after probation - 2 days at home.
- Shifts - 3 early shifts 9-5pm and 2 late shifts 11-7pm (Fridays always 9-5pm) - no weekends.
- Up to 25 days' annual leave plus bank holidays, and your birthday off every year.
- Healthcare cash plan.
- Contributory pension scheme matched up to 5%.
The ideal Loan Underwriter will have:
- At least 12 months' experience in assessing or processing loan applications.
- Proven ability to thrive in a fast-paced, target-driven environment.
- Experience maintaining quality standards with a high volume of cases.
- Strong communication skills and attention to detail.
- Problem-solving skills and proficiency in Microsoft Office.
If you're interested in roles like Loan Processor, Mortgage Advisor, this Mortgage Underwriter position could be the perfect fit for you. If you're passionate about making a difference in financial inclusion and have the skills and experience required for the Mortgage Administrator role, we would love to hear from you. Take the next step in your career and apply today!
Loan Underwriter employer: Fintelligent
Contact Detail:
Fintelligent Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Loan Underwriter
✨Tip Number 1
Familiarise yourself with the latest trends in the lending industry, especially regarding second charge mortgages. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in a fast-paced environment.
✨Tip Number 2
Network with professionals in the financial services sector, particularly those who work as underwriters or in related roles. Attend industry events or join online forums to connect with potential colleagues and gain insights into the company culture.
✨Tip Number 3
Prepare for the interview by practising common underwriting scenarios and questions. Being able to articulate your thought process and problem-solving skills will set you apart from other candidates.
✨Tip Number 4
Showcase your attention to detail by preparing specific examples of how you've maintained quality standards in previous roles. This will highlight your suitability for the Loan Underwriter position and reassure the employer of your capabilities.
We think you need these skills to ace Loan Underwriter
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in loan underwriting or similar roles. Emphasise your ability to assess loan applications and maintain quality standards, as these are key aspects of the job.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for financial inclusion and your understanding of the company's mission. Mention specific experiences that demonstrate your problem-solving skills and attention to detail.
Highlight Relevant Skills: In your application, clearly outline your strong communication skills and proficiency in Microsoft Office. These are essential for the Loan Underwriter role, so make sure they stand out.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors. A polished application reflects your attention to detail, which is crucial for this position.
How to prepare for a job interview at Fintelligent
✨Know Your Numbers
As a Loan Underwriter, you'll be dealing with financial data regularly. Brush up on your understanding of mortgage applications and key financial metrics. Being able to discuss these confidently will show your expertise and readiness for the role.
✨Demonstrate Attention to Detail
Highlight your experience in maintaining quality standards while processing loan applications. Prepare examples that showcase your meticulousness in verifying documentation and ensuring accuracy, as this is crucial for the position.
✨Showcase Your Communication Skills
Effective communication is key in this role. Be ready to discuss how you've successfully communicated with customers and stakeholders in the past. Use specific examples to illustrate your ability to convey complex information clearly.
✨Prepare for Problem-Solving Scenarios
Expect questions that assess your problem-solving skills. Think of situations where you had to overcome challenges in a fast-paced environment. Sharing these experiences will demonstrate your capability to thrive under pressure.