At a Glance
- Tasks: Manually underwrite complex mortgage applications and make sound lending decisions.
- Company: Join a growing specialist lender in the heart of London.
- Benefits: Enjoy 25 days holiday, private healthcare, and a discretionary bonus.
- Other info: Hybrid work model with opportunities for career advancement.
- Why this job: Make impactful decisions in a dynamic team while developing your underwriting skills.
- Qualifications: Minimum one year of Buy-to-Let underwriting experience required.
The predicted salary is between 55000 - 55000 £ per year.
Location: London Hybrid 2 days WFH
Salary: Up to 55,000
Working Hours: Monday to Friday 9 am to 5.30 pm
Benefits:
- 25 Days Holiday + Bank/Public holidays
- Pension scheme
- Private healthcare
- Discretionary Bonus
- Other flexible benefits
About the role of Underwriter
Join a growing, intermediary-only specialist lender as a Buy to Let Underwriter, working as part of a busy Buy to Let team. You'll manually underwrite a range of specialist and more complex cases, assessing and approving mortgage applications in line with lending policy. Managing a varied pipeline, you'll make clear, commercially sound decisions and confidently explain your rationale, particularly on more complex deals.
Responsibilities required for the role of Underwriter:
- Ensure all new lending proposals are underwritten in accordance with the Company's Lending Policy, with any exceptions clearly documented and approved by the appropriate senior signatories.
- Provide clear, concise lending recommendations to senior signatories for proposals requiring exceptions or falling outside mandate parameters.
- Prepare and present Credit Papers to the Credit Committee for high-value transactions.
- Review, assess and appraise both short- and long-form valuation reports.
- Liaise with intermediaries on new enquiries and proposals, clearly communicating underwriting requirements and/or reasons for decline.
- Work closely with Pipeline and Completions Managers to ensure underwriting requirements and special conditions are fully understood and appropriately applied.
Experience required for the role of Underwriter:
- A min of a year's experience in a Buy to Let Mortgage Underwriting role.
- Held a mandate for 350K +.
- Experience of presenting proposals to senior signatories.
- Knowledge of different property asset types, including HMO, Multi Unit Freehold blocks, office to residential- permitted development schemes.
- Pragmatic approach to lending.
Buy-to-Let Mortgage Underwriter. Job in London Move Collective Jobs employer: Broughton Group
Join a dynamic and supportive team as a Buy-to-Let Mortgage Underwriter in London, where we prioritise employee well-being with a hybrid working model, generous holiday allowance, and comprehensive benefits including private healthcare and a pension scheme. Our collaborative work culture fosters professional growth, allowing you to develop your skills while making impactful decisions in a fast-paced environment, all within a thriving intermediary-only specialist lender that values your contributions.
StudySmarter Expert Advice🤫
We think this is how you could land Buy-to-Let Mortgage Underwriter. Job in London Move Collective Jobs
✨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 Broughton Group. 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 Buy-to-Let Mortgage Underwriter. Job in London Move Collective Jobs
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 Broughton Group.
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 Broughton Group'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 Broughton Group
✨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 Broughton Group.
✨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 Broughton Group 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 Broughton Group 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.
