Loan Underwriter

Loan Underwriter

Manchester Full-Time 32500 - 45500 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Review and assess mortgage applications while communicating with customers.
  • Company: Join a forward-thinking B Corp dedicated to empowering financial well-being.
  • Benefits: Enjoy a salary of £32,500, hybrid working, and up to 25 days' leave.
  • Why this job: Be part of a dynamic team making a real impact in financial inclusion.
  • Qualifications: 12 months' experience in loan processing and strong communication skills required.
  • Other info: Opportunities for career progression and funding for CeMAP qualification.

The predicted salary is between 32500 - 45500 £ 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:

  • 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!

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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 stand out during interviews but also demonstrate your commitment to understanding the role.

✨Tip Number 2

Network with professionals in the financial services sector, particularly those who work as underwriters or in related roles. Engaging with them on platforms like LinkedIn can provide valuable insights and potentially lead to referrals.

✨Tip Number 3

Prepare for potential interview questions by practising how you would handle specific scenarios related to loan underwriting. Think about examples from your past experience that showcase your problem-solving skills and attention to detail.

✨Tip Number 4

Research the company’s values and mission, especially their commitment to financial inclusion and innovative lending solutions. Being able to articulate how your personal values align with theirs can make a strong impression during the interview process.

We think you need these skills to ace Loan Underwriter

Loan Application Assessment
Documentation Verification
Attention to Detail
Customer Communication
Problem-Solving Skills
Microsoft Office Proficiency
Target-Driven Mindset
Quality Standards Maintenance
Time Management
Analytical Skills
Financial Acumen
Adaptability
Team Collaboration

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in loan underwriting or processing. Emphasise your ability to thrive in a fast-paced environment and showcase any specific achievements that demonstrate your attention to detail and problem-solving skills.

Craft a Compelling Cover Letter: Write a cover letter that reflects your passion for financial inclusion and your understanding of the company's mission as a Certified B Corp. Mention how your skills align with the responsibilities of the Loan Underwriter role, particularly in reviewing mortgage applications and communicating with customers.

Highlight Relevant Experience: In your application, clearly outline your experience in assessing or processing loan applications. Provide examples of how you've maintained quality standards while managing a high volume of cases, as this is crucial for the role.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is essential for a Loan Underwriter.

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 Problem-Solving Skills

Prepare examples of how you've tackled challenges in previous roles. Highlight situations where you had to assess complex loan applications or resolve discrepancies. This will showcase your analytical skills and ability to thrive in a fast-paced environment.

✨Communicate Clearly

Effective communication is crucial in this role. Practice articulating your thoughts clearly and concisely. Be ready to explain how you would communicate with customers and stakeholders throughout the underwriting process.

✨Show Enthusiasm for Financial Inclusion

The company values empowering individuals and promoting financial well-being. Express your passion for making a difference in this area during the interview. Share any relevant experiences that align with their mission to challenge traditional financial norms.

Loan Underwriter
Fintelligent
Location: Manchester
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