At a Glance
- Tasks: Underwrite and assess Buy to Let mortgage applications with attention to detail.
- Company: Join West One Loans, a fast-growing company with an exciting journey ahead.
- Benefits: Enjoy private medical healthcare, 25 days' leave, and paid volunteering days.
- Other info: Flexible work culture with clear opportunities for career progression.
- Why this job: Make impactful decisions in a dynamic environment while advancing your career.
- Qualifications: Experience in underwriting BTL applications and strong understanding of FCA regulations.
The predicted salary is between 40500 - 49500 £ per year.
Good Buy to Let underwriting is about more than numbers. It’s about understanding the deal, the property, the borrower and the opportunity. At West One Loans, we’re looking for someone who enjoys getting into the detail, using their judgement and finding the right lending solution while keeping risk firmly in focus. If you know Buy to Let inside out and want the autonomy to make decisions that matter, this could be your next move.
Key Accountabilities
- Underwriting and assessing loan documentation, including valuation reports and requesting additional information from brokers where required, highlighting any concerns.
- Carrying out checks on the applicants and properties and assessing their suitability for the loan applied for.
- Proactively manage a pipeline of mortgage applications which will include chasing outstanding information from third parties and providing timely updates to introducers which will help ensure service excellence is maintained.
- Recommending and referring cases to Credit Committee where credit committee approval required.
- Liaising with introducers, valuers and solicitors.
- Overseeing cases from inception through to completion.
- Conduct Anti-Money Laundering (AML) and Know Your Customer (KYC) checks in line with regulatory requirements and internal policies & procedures.
- Ensure compliance where applicable with AML, counter terrorist financing, proliferation financing, tax evasion, fraud, anti-bribery and corruption, sanctions, and financial crime policies & procedures.
- Perform Customer Due Diligence (CDD) and support Enhanced Due Diligence (EDD) for higher-risk cases including the identification and verification of beneficial owners (BOs), ultimate beneficial owners (UBOs), other relevant parties and corporate ownership structures and assess customer applications for potential money laundering, sanctions, bribery, fraud and other financial crime risks.
Skills & Competencies
- Pass internal competency tests post induction.
- Attention to detail.
- Ability to work as part of a team.
- Good written and verbal communication skills.
Knowledge & Qualifications
- A strong understanding of FCA regulation.
- Experience underwriting mortgage applications, specifically within the BTL market.
- CeMAP (desirable, not essential).
Personal Attributes
- Flexible.
- Articulate.
- Well organised.
- Robust and comfortable working to deadline and under pressure.
Why Join Us?
At West One Loans, we’re growing fast and looking for ambitious people who want to be part of our exciting journey. We’ll give you the tools, training, and support you need to succeed, while offering clear opportunities to progress your career. Alongside this, we offer a strong benefits package, including private medical healthcare, 25 days’ annual leave, paid volunteering days, and a host of additional benefits.
Buy to Let Underwriter in Watford employer: Enra Group
West One Loans is an exceptional employer that values detail-oriented professionals who thrive in a dynamic environment. With a strong commitment to employee growth, we offer comprehensive training and development opportunities, fostering a collaborative work culture that encourages innovation and excellence. Located in a vibrant area, our team enjoys a supportive atmosphere where every contribution is recognised, making it a rewarding place to build a meaningful career in the mortgage industry.
StudySmarter Expert Advice🤫
We think this is how you could land Buy to Let Underwriter in Watford
✨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 Enra 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 Underwriter in Watford
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 Enra 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 Enra 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 Enra 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 Enra 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 Enra 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 Enra 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.
