At a Glance
- Tasks: Assess mortgage applications and ensure compliance with underwriting guidelines.
- Company: Join a fast-growing team at West One Loans, a leader in residential mortgages.
- Benefits: Enjoy private healthcare, 25 days leave, and paid volunteering days.
- Other info: Great opportunities for career progression and supportive training provided.
- Why this job: Make an impact in a dynamic lending environment while building your career.
- Qualifications: Experience in underwriting and understanding of FCA regulations required.
The predicted salary is between 36000 - 60000 £ per year.
Are you an experienced Underwriter who enjoys taking ownership, supporting others, and has experience within Residential Mortgages? Do you thrive in a fast-paced lending environment where broker relationships, risk appetite, and regulatory compliance are equally important? If this sounds like you, then this could be the perfect next step in your career. Apply today and let’s grow together at West One Loans.
Key Accountabilities
- Enter and update borrower data on Fusion lending platform.
- Ensure all aspects of the loans are recorded accurately on Fusion and meet underwriting guidelines.
- Carry out an assessment of the mortgage application to ensure all aspects of our underwriting criteria are met.
- Provide concise and accurate updates to brokers.
- Proactively chase brokers for outstanding requirements.
- Ensure all underwriting is in line with Company policy and within regulation.
- Ensure that all cases are Underwritten within the Groups Risk appetite.
- Build good relationships with 3rd party suppliers including brokers and solicitors to assist in the smooth flow of business.
- Maintaining a pipeline of cases, overseeing cases from inception through to completion.
- Maintain broker relationships that are integral to the growth for WOSL.
- All work is to be carried out in accordance with Enra Specialist Finance policies and procedures.
Skills & Competencies
- Ability to work as part of a team.
- Pass internal competency tests post induction.
- High attention to detail.
- Good written and verbal communication skills.
Knowledge & Qualifications
- An understanding of FCA regulation.
- Experienced in Underwriting 1st and/or 2nd Charge mortgage applications.
- 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. If you’re ready to build your career with a Specialist Lender and make an impact - click apply today!
Residential Underwriter in Watford employer: Enra Specialist Finance
West One Loans is an excellent employer for those looking to thrive in the dynamic world of bridging finance. With a strong focus on employee growth, we provide comprehensive training and support, alongside a competitive benefits package that includes private medical healthcare and generous annual leave. Join our vibrant team in a role where your contributions directly influence our success and enjoy a workplace culture that values ambition and collaboration.
StudySmarter Expert Advice🤫
We think this is how you could land Residential Underwriter in Watford
✨Tip Number 1
Network like a pro! Reach out to your connections in the mortgage and underwriting sectors. Attend industry events or webinars to meet potential employers and learn about job openings that might not be advertised.
✨Tip Number 2
Prepare for interviews by researching the company and understanding their underwriting processes. Be ready to discuss how your experience aligns with their needs, especially around broker relationships and compliance.
✨Tip Number 3
Showcase your skills! Bring examples of your past work in underwriting to the interview. Highlight your attention to detail and ability to work under pressure, as these are key in a fast-paced lending environment.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to connect directly with us.
We think you need these skills to ace Residential Underwriter in Watford
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects your experience in underwriting and residential mortgages. Highlight specific achievements and skills that align with the job description to show us you’re the perfect fit!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to tell us why you’re passionate about underwriting and how your background makes you an ideal candidate for our team at West One Loans.
Showcase Your Attention to Detail:Since accuracy is key in underwriting, make sure your application is free from typos and errors. This will demonstrate your attention to detail right from the start!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates during the process!
How to prepare for a job interview at Enra Specialist Finance
✨Know Your Stuff
Make sure you brush up on your knowledge of residential mortgages and FCA regulations. Being able to discuss these topics confidently will show that you’re not just familiar with the basics, but that you truly understand the nuances of underwriting.
✨Showcase Your Attention to Detail
Since this role requires a high level of accuracy, be prepared to give examples of how you've maintained attention to detail in past roles. You might even want to bring along a sample of your work or a case study to illustrate your point.
✨Build Rapport with Brokers
Demonstrate your ability to build strong relationships by sharing experiences where you’ve successfully collaborated with brokers or third-party suppliers. This will highlight your interpersonal skills and show that you can thrive in a fast-paced lending environment.
✨Prepare for Scenario Questions
Expect questions that put you in hypothetical situations related to underwriting decisions. Practise how you would assess risk and compliance in these scenarios, as it will showcase your critical thinking and decision-making skills.
