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 flexible work environment.
- Other info: Hybrid working model with excellent career progression opportunities.
- Why this job: Make impactful decisions in a dynamic team while developing your underwriting skills.
- Qualifications: Minimum one year of experience in Buy-to-Let mortgage underwriting 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 minimum 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.
Underwriter. Job in London Move Collective Jobs employer: Broughton Group
Join a dynamic and supportive team as a Buy-to-Let Underwriter in London, where you will enjoy a hybrid working model and a competitive salary of up to £55,000. Our company fosters a collaborative work culture that prioritises employee well-being with generous benefits including 25 days holiday, private healthcare, and opportunities for professional growth, making it an excellent choice for those seeking a rewarding career in the financial sector.
