At a Glance
- Tasks: Manage and underwrite commercial loan applications while ensuring top-notch customer service.
- Company: Join a city-based lender known for its family feel and impressive success.
- Benefits: Enjoy a competitive salary and a supportive package in a vibrant office environment.
- Why this job: Be part of a proactive team that values innovative problem-solving and collaboration.
- Qualifications: Experience in underwriting Commercial Real Estate products is essential.
- Other info: This role is fully office-based, perfect for those who thrive in a dynamic setting.
The predicted salary is between 36000 - 60000 £ per year.
Job Description
Key underwriter positions with a city based lender who has gained a reputation for " a family feel within the office" and a huge level of success. Due to a recent influx of quality business and a pro-active new management team, they are keen to hire a number of experienced Commercial Mortgage Underwriters to work in smart City offices.
The Role:
Key Responsibilities:
Manage a pipeline of Regulated Commercial loan cases and prioritise accordingly. Underwrite loan applications within company lending criteria by making quality lending decisions.
- Be vigilant when working on cases and refer where necessary to the appropriate person.
- Maintain a high level of communication at all times with interested parties including brokers, applicants, surveyors and solicitors.
- Maintain a high level of customer service with those internally and externally.
- Work closely with other departments within the company including sales, compliance, finance and collections.
- Think outside the box and be proactive when suggesting ways to overcome potential problems, whilst ensuring that there is no additional risk to the company.
- Maintain oversight of a loan post completion and follow up on any offer conditions prior to handing the loan to collections.
- Keep up to date with current best practice and regulatory requirements.
- Represent the company at events as required
Key Competencies:
Experience of underwriting Commercial Real Estate products .
The role is fully office based and offers a competitive salary and supporting package.
Mortgage Underwriter - Commercial employer: Coast Specialist Recruitment
Contact Detail:
Coast Specialist Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Mortgage Underwriter - Commercial
✨Tip Number 1
Familiarise yourself with the latest trends in commercial real estate and underwriting practices. This knowledge will not only help you stand out during interviews but also demonstrate your commitment to staying updated in a fast-paced industry.
✨Tip Number 2
Network with professionals in the mortgage and real estate sectors. Attend industry events or join relevant online forums to connect with potential colleagues and learn about the company culture, which can give you an edge in understanding what they value in candidates.
✨Tip Number 3
Prepare to discuss specific examples from your past experience that showcase your ability to manage a pipeline of loan cases effectively. Highlight instances where you made quality lending decisions and how you maintained communication with various stakeholders.
✨Tip Number 4
Research the company’s recent projects and successes. Being able to reference their achievements during your conversation will show your genuine interest in the role and the organisation, making you a more memorable candidate.
We think you need these skills to ace Mortgage Underwriter - Commercial
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Mortgage Underwriter in a commercial setting. Familiarise yourself with the key competencies required, such as experience in underwriting Commercial Real Estate products.
Tailor Your CV: Customise your CV to highlight relevant experience and skills that align with the job description. Emphasise your previous underwriting experience, communication skills, and ability to work collaboratively with various departments.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention specific examples of how you've successfully managed loan applications and maintained high levels of customer service in past positions.
Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects your attention to detail, which is crucial for an underwriting role.
How to prepare for a job interview at Coast Specialist Recruitment
✨Know Your Numbers
As a Mortgage Underwriter, you'll be dealing with financial data regularly. Brush up on your understanding of commercial real estate products and the relevant lending criteria. Be prepared to discuss specific examples from your past experience where you successfully underwrote loans.
✨Communication is Key
This role requires constant communication with various stakeholders. During the interview, demonstrate your ability to communicate clearly and effectively. You might even want to share a story about how you maintained strong relationships with brokers or clients in previous roles.
✨Show Your Problem-Solving Skills
The company values proactive thinking and problem-solving. Prepare to discuss situations where you had to think outside the box to overcome challenges in underwriting. Highlight any innovative solutions you implemented that benefited your previous employers.
✨Stay Updated on Regulations
Understanding current best practices and regulatory requirements is crucial for this position. Make sure to mention any recent changes in regulations that you are aware of and how they impact the underwriting process. This shows your commitment to staying informed and compliant.