At a Glance
- Tasks: Review and manually underwrite mortgage applications, ensuring great customer outcomes.
- Company: Join Evolution Money, a Certified B Corp with a mission for financial inclusion.
- Benefits: Competitive salary, bonus scheme, up to 25 days leave, and career progression.
- Other info: Enjoy a supportive team environment with opportunities for professional growth.
- Why this job: Make a real difference in people's lives while developing your skills in finance.
- Qualifications: 12 months experience in loan processing and strong communication skills.
The predicted salary is between 32548 - 32548 £ per year.
Company: Evolution Money
Location: Manchester City Centre, M15
Days per week onsite: 3 days minimum (hybrid working options available after successful completion of probation)
Operating hours: 9am to 7pm
Job Type: Full-time
Basic Salary: £32,548 plus competitive bonus scheme.
About Us: Evolution Money is a Certified B Corp with a social purpose. Our mission is to redefine financial inclusion by providing bespoke lending solutions to UK homeowners. We are committed to empowering individuals and fostering long-term financial well-being.
The Role: As a Mortgage Underwriter Second Charge, you will actively manage a pipeline of applications from completion of application to authorisation. You will be responsible for manually underwriting loan applications, communicating with customers, brokers, and our Mortgage Advice team to verify documentation, review, and conclude lending decisions.
Responsibilities:
- Reviewing and manually underwriting second charge mortgage applications in line with regulatory standards, company policies, procedures, and guidelines.
- Examining supporting documentation, verifying accuracy, and requesting additional information as necessary.
- Accurately updating customer records and application details.
- Assessing every customer on their individual circumstances and the evidence presented to ensure good customer outcomes.
- Communicating clearly with customers throughout the process, answering customer enquiries, and providing timely updates to all stakeholders.
- Achievement of minimum KPI Requirements and Targets.
Minimum Essential:
- Minimum 12 months experience assessing or processing loan applications - ideally in second charge lending or motor finance.
- Evidenced ability to thrive in a fast-paced KPI/target driven environment.
- Experience meeting consistent quality standards while handling a large volume of customer cases.
Additional:
- The ability to effectively question and challenge evidence presented.
- Attention to detail.
- Experience in identifying vulnerable customers and working with adverse credit indicators.
- Strong communication skills, both verbal and written.
- Detail-oriented with strong data accuracy.
- Problem-solving skills.
- Good numeracy and Microsoft Office skills.
What you get in return: Excellent career progression opportunities, including pathway to our Mortgage Advice team. Funding and support available to gain CeMAP Mortgage Advice qualification. Excellent social events. Up to 25 days annual leave.
Mortgage Underwriter employer: Evolution Money
At Evolution Money, we pride ourselves on being an excellent employer that champions financial inclusion and social purpose. Our vibrant work culture in the heart of Manchester City Centre fosters collaboration and innovation, while our commitment to employee growth ensures that you will have ample opportunities to develop your skills and advance your career. Join us to be part of a team that not only values your contributions but also makes a meaningful impact in the community.
StudySmarter Expert Advice🤫
We think this is how you could land Mortgage Underwriter
✨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 Evolution Money. 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 Mortgage Underwriter
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 Evolution Money.
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 Evolution Money'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 Evolution Money
✨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 Evolution Money.
✨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 Evolution Money 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 Evolution Money 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.
