Mortgage Underwriter in London

About Abound
We’re redefining consumer lending in the UK, and beyond. Using advanced AI and Open Banking data, we make fair, affordable personal finance available to more people. While traditional lenders rely almost entirely on credit scores, we look at the full financial picture - how much you spend, and what you can afford to repay to build a deeper, more accurate understanding of each customer's unique financial situation. And we've shown it works at scale. We’ve issued over £1.3bn in loans directly to customers while delivering market-leading credit performance - for every 10 defaults the industry expects, we see only 3. We also reached profitability just 2.5 years after launch. Backed by £2bn+ of funding from top-tier investors including Citi, GSR Ventures, and Deutsche Bank, we’re recognised as one of Europe’s fastest-growing fintechs (Sifted, CNBC). Now, we’re expanding into new markets and product lines - and we’re looking for ambitious people who want to learn fast, take ownership, and grow with us.

About the Role
We’re looking for a Mortgage Underwriter to join our growing underwriting team as we continue to build and scale our secured lending proposition. This is an exciting opportunity to join a newly formed team working on a new second charge mortgage product within Abound. You’ll play an important role working to targets using our state-of-the-art Open banking in house system. We’re not looking for someone who simply follows a tick-box process. We want people who can use sound judgement, think commercially, and make balanced lending decisions while still delivering good customer outcomes. In this role, you’ll assess and underwrite second charge mortgage applications in line with our credit policy, regulatory requirements, and responsible lending standards. You’ll review credit data, affordability, income, and property security while making fair and informed decisions. Experience in unsecured lending would be a strong advantage, and we’d particularly like to hear from people who have worked across both secured and unsecured products or are interested in broadening their experience across different areas of lending.

About the Team
Our Underwriting team here in Abound has grown rapidly from one underwriter to a team of more than 20 people with a wide mix of backgrounds, experience, and ideas. We work closely together, support one another, and have built a collaborative culture where everyone’s contribution is recognised and valued. We’re always open to new ideas and better ways of working, and people are encouraged to challenge existing processes and help improve how we do things. We value diversity of experience and perspective, and we know strong underwriters can come from a range of different backgrounds. Whether your experience is in secured / unsecured lending, specialist finance or another credit environment, we’d love to hear from you.

Working Hours
40 hours per week

What You'll Be Doing

• Assess second charge mortgage applications using Open Banking data, credit reference agency information, and supporting documentation to evaluate creditworthiness.
• Make informed underwriting decisions in line with internal policies and regulatory requirements.
• As part of a new product, you will be expected to maintain growing targets.
• Using the in house build system to process applications from a queue. We also encourage system feedback to bug spotting to system improvements.
• Conduct fraud prevention and AML checks in line with internal controls and FCA requirements.
• Manage and progress your own underwriting pipeline efficiently while maintaining service standards.
• Support a culture of responsible lending and strong risk awareness.
• Continue developing your underwriting knowledge and wider lending expertise.

Skills & Experience
Minimum of 1 years’ experience underwriting first or second charge mortgages. Experienced with own pipeline management and working to targets. Experience within an FCA-regulated environment. Strong understanding of responsible lending, affordability assessment, fraud prevention, and Credit file assessment. Excellent attention to detail and sound judgement. Strong communication and interpersonal skills with a collaborative approach. Comfortable working in a growing and evolving business environment.

How We Work
We prioritise sound credit decisions and continuous learning from outcomes. We take ownership of our work and support one another to achieve shared goals. We work collaboratively across the business and contribute beyond individual responsibilities. We encourage open discussion, constructive challenge, and accountability. Strong performance and positive contribution are recognised and rewarded.

What we offer

• Everyone owns a piece of the company - equity
• Hybrid with 3 days a week in the office
• 25 days’ holiday a year, plus 8 bank holidays
• 2 paid volunteering days per year
• One month paid sabbatical after 4 years
• Employee loan
• Free gym membership through WellHub
• Team wellness budget to be active together - set up a yoga class, a tennis lesson or go bouldering