At a Glance
- Tasks: Lead a team of Mortgage Underwriters to deliver quality lending decisions.
- Company: Dynamic organisation with a focus on respect, diversity, and compassion.
- Benefits: Hybrid working, competitive salary, annual bonus, and 38 days holiday.
- Other info: Great opportunities for career progression in a supportive environment.
- Why this job: Make a real impact by driving performance and improving customer outcomes.
- Qualifications: Experience in mortgage underwriting and proven leadership skills.
The predicted salary is between 50000 - 60000 £ per year.
We’re hiring an Underwriting Team Leader to lead from the front - delivering quality decisions, strong performance, and standout customer outcomes. In this role, you’ll take ownership of day-to‑day underwriting performance, leading and developing a team to deliver consistent, high‑quality decisions. You’ll manage pipeline flow, drive operational efficiency, and use data to identify trends, risks and improvement opportunities; while working closely with key stakeholders to ensure cases progress smoothly and customer and broker expectations are met.
What will your day look like? You’ll lead a team of Mortgage Underwriters, ensuring we deliver timely, high‑quality lending decisions that balance customer outcomes, commercial performance, and risk. This is a hands‑on leadership role where you’ll:
- Lead and inspire your team – coaching, developing, and building confidence in underwriting decisions
- Drive performance – managing pipeline flow, SLAs and case quality to deliver a seamless broker and customer experience
- Use data to make decisions – spotting trends, identifying risks, and continuously improving how we operate
- Champion operational excellence – removing inefficiencies, improving turnaround times, and enhancing the journey from application to offer
- Partner across the business – working closely with Sales, Credit, Completions and Operations to keep cases moving and deliver great outcomes
- Own quality and risk – embedding strong governance, ensuring adherence to policy, and promoting balanced, responsible decision‑making
What do we expect from you? We’re looking for someone who combines strong technical underwriting expertise with the ability to lead, influence and develop others. You’ll bring:
- Experience in mortgage underwriting within a regulated environment
- Proven people leadership – coaching, developing and performance managing teams
- Strong understanding of credit risk, lending policy, affordability and securities
- Experience managing pipelines, SLAs and operational performance
- The ability to balance customer needs, commercial outcomes and risk
- Confidence working in a fast‑paced, evolving environment
- Excellent stakeholder management skills, with the ability to challenge constructively
- A CeMAP qualification or openness to obtaining a mandate would be beneficial, but not essential.
What can you expect from us?
- Hybrid working policy (2 days onsite in Manchester and 3 days at home)
- Competitive salary and a great range of core benefits including: annual bonus, 10% employer contribution pension, private medical with BUPA and 38 days holiday (inc. bank holidays)
- A friendly and flexible culture, the same as how we work with our customers
- A growing organisation that means there’s lots of opportunities to progress
- A drive for continuous improvement, which you will be empowered to get behind from day one
Still curious? Join us and we’ll make the same promises to you as a colleague, as we do to each of our customers. We’re committed to building a working environment that values respect, diversity, and compassion. We welcome people regardless of age, disability, gender identity, marital status, race, faith or belief, sexual orientation, socioeconomic background, and whether you’re pregnant or on family leave.
Please note: we have a thorough screening and referencing process, which includes financial and criminal record checks.
Underwriting Team Leader in Manchester employer: Aldermore Bank
As an Underwriting Team Leader at our Manchester location, you'll thrive in a dynamic and supportive environment that prioritises employee growth and operational excellence. We offer a competitive salary, hybrid working options, and a comprehensive benefits package, including generous holiday allowances and a strong pension contribution. Join us to lead a passionate team, drive impactful decisions, and contribute to a culture that values diversity, respect, and continuous improvement.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriting Team Leader in Manchester
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Aldermore Bank. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Underwriting Team Leader in Manchester
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Aldermore Bank.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Aldermore Bank's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Aldermore Bank
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Aldermore Bank.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Aldermore Bank will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Aldermore Bank employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
