At a Glance
- Tasks: Support the Head of Underwriting and manage the underwriting team while evaluating mortgage loan applications.
- Company: Join a dynamic team in Fleet focused on mortgage lending and customer satisfaction.
- Benefits: Gain leadership experience, mentorship opportunities, and work in a collaborative environment.
- Why this job: Perfect for those looking to grow in the mortgage industry with hands-on leadership and impactful projects.
- Qualifications: Previous underwriting experience and strong knowledge of mortgage lending processes are essential.
- Other info: Opportunity to lead projects and implement new tools for improved efficiency.
My client based in Fleet is seeking an Assistant Underwriting Manager to join their team! You will be assisting and supporting the Head of Underwriting acting as a deputy when requested to do so. You will be managing direct reports and having oversight over the Underwriting Team. Duties Assist in the evaluation and analysis of mortgage loan applications to determine the borrower’s creditworthiness. Assess loan documents including income verification, credit history, portfolio landlords, and property valuations, to ensure they meet lending criteria and appetite. Approve or recommend loan decisions within delegated mandate limits, ensuring adherence to company policies and procedures. Support the Head of Underwriting in overseeing the underwriting team, providing day-to-day leadership, and ensuring team members meet performance standards. Assist in mentoring and training of new starters, providing guidance on underwriting practices and policies. Contribute to regular team meetings to discuss workflow, policy changes, and address any challenges. Ensure a high level of customer service is provided throughout the underwriting process. Manage, oversee, and prioritise the underwriting pipeline to ensure timely processing and decision-making of mortgage loan applications. Collaborate with the Head of Underwriting and Operations Training Specialist to develop and implement best practices and standard operating procedures. Participate in or lead projects aimed at improving the underwriting function or addressing emerging challenges in the mortgage market. Support the integration and utilisation of new tools and software to streamline the underwriting process. Collaborate with sales team to enhance the overall customer experience and satisfaction with the mortgage process. Skills and Experience Strong knowledge of mortgage lending processes, underwriting guidelines, and regulatory requirements. Excellent analytical skills with the ability to assess risk and make sound underwriting decisions. Effective leadership and team management capabilities. Proficiency in mortgage underwriting software (DPR) Strong communication and interpersonal skills, with the ability to interact with various stakeholders. Detail-oriented with excellent organisational and problem-solving skills. Leadership / coaching skills Approachable, tactful, and confident Strong Presentation skills Team player Adaptable Hold a lending mandate Mortgage industry experience Strong written & verbal communication skills Previous underwriting experience necessary
Assistant Underwriting Manager employer: Mulberry Recruitment
Contact Detail:
Mulberry Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Assistant Underwriting Manager
✨Tip Number 1
Familiarize yourself with the latest mortgage lending processes and underwriting guidelines. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in the field.
✨Tip Number 2
Highlight your leadership and team management experience during networking opportunities. Engaging with professionals in the industry can provide insights and connections that may lead to job referrals.
✨Tip Number 3
Prepare to discuss specific examples of how you've improved underwriting processes or addressed challenges in previous roles. This will showcase your problem-solving skills and ability to contribute to our team.
✨Tip Number 4
Stay active on professional platforms like LinkedIn, where you can connect with current employees at StudySmarter. Engaging with our content and sharing your insights can increase your visibility and chances of being noticed.
We think you need these skills to ace Assistant Underwriting Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in mortgage lending and underwriting. Emphasize your analytical skills, leadership capabilities, and any specific software proficiency, such as DPR.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the Assistant Underwriting Manager position. Discuss how your previous experience aligns with the responsibilities outlined in the job description, particularly your ability to mentor and lead a team.
Showcase Your Analytical Skills: Provide examples in your application that demonstrate your strong analytical skills and decision-making abilities. Mention specific instances where you assessed risk or made sound underwriting decisions.
Highlight Team Collaboration: Discuss your experience working collaboratively with teams, especially in a leadership role. Mention any projects you've led or participated in that improved processes or customer satisfaction in the mortgage industry.
How to prepare for a job interview at Mulberry Recruitment
✨Showcase Your Underwriting Knowledge
Make sure to highlight your understanding of mortgage lending processes and underwriting guidelines. Be prepared to discuss specific examples from your previous experience that demonstrate your analytical skills and ability to assess risk.
✨Demonstrate Leadership Skills
Since the role involves managing direct reports, be ready to share your leadership experiences. Talk about how you've mentored or trained team members in the past and how you ensure that performance standards are met.
✨Prepare for Scenario-Based Questions
Expect questions that assess your decision-making abilities in real-world scenarios. Practice articulating how you would evaluate loan applications and make recommendations while adhering to company policies.
✨Emphasize Team Collaboration
The role requires collaboration with various stakeholders, including the sales team. Be prepared to discuss how you have successfully worked with others to enhance customer satisfaction and streamline processes in your previous roles.