Specialist Senior Mortgage Underwriter - Nottingham
Contract type: 6 month FTC
Hours: Full-time, 35 hours
Location: Head Office, Nottingham (Hybrid working, minimum 2 days per week)
Salary: Up to 55k (Depending on experience)
Salary will be pro rata to 6 months FTC
Application process: Please apply via the application button which will direct you to our careers site.If you require any adjustments toassistyou inapplying, please contact
As a Specialist Senior Mortgage Underwriter, youll assess and approve both standard and complex mortgage applications within your delegated authority, delivering fair, timely and well-reasoned outcomes for customers and brokers.
Alongside managing a portfolio of specialist cases, including complex income structures, adverse credit, non-standard properties and Extraordinary Borrower (EOB) scenarios, youll act as a technical expert within the team. Youll support underwriting referrals, mentor colleagues, contribute to policy development and help drive consistent, high-quality underwriting decisions across the Society.
Heresa taste of what you will be doingasaSpecialist Senior Mortgage Underwriter at Nottingham Building Society:-
Specialist Mortgage Underwriting
- Assess and approve residential mortgage and further advance applications within delegated authority.
- Manage complex and specialist cases, including self-employed applicants, adverse credit, multiple income streams, non-standard properties and Extraordinary Borrower (EOB) scenarios.
- Review affordability, creditworthiness, property security and customer circumstances to make informed lending decisions.
- Refer cases outside mandate or risk appetite appropriately.
Risk & Customer Outcomes
- Deliver fair, consistent and risk-based lending decisions aligned to policy and risk appetite.
- Consider customer vulnerability, affordability sustainability and foreseeable harm in all decisions.
- Identify and escalate credit, fraud, conduct or operational risks where appropriate.
- Maintain clear and robust decision records.
Technical Leadership
- Act as a subject matter expert for complex underwriting cases.
- Support colleagues with referrals, technical guidance and best practice.
- Share insights on emerging risks, market trends and specialist lending.
Stakeholder Management
- Build strong relationships with brokers, customers and internal stakeholders.
- Communicate lending decisions, requirements and conditions clearly and professionally.
- Support the delivery of excellent customer and broker outcomes.
Continuous Improvement
- Contribute to specialist lending propositions, underwriting policy and process improvements.
- Support changes to products, policy, systems and decisioning tools.
- Maintain up-to-date knowledge of regulation, market developments and emerging risks.
Aboutyou:-
Essential
- Extensive mortgage underwriting experience with strong expertise in credit risk, affordability assessment and responsible lending.
- In-depth knowledge of complex and specialist residential lending, including non-standard income, adverse credit and higher-risk cases.
- Strong understanding of regulatory requirements, including MCOB, Consumer Duty, AML, Financial Crime and Data Protection.
- Proven ability to assess complex customer circumstances and make clear, balanced and well-reasoned lending decisions.
- Confidence managing policy exceptions, multiple risk factors and complex stakeholder discussions.
- Excellent communication, influencing and relationship management skills, with the ability to coach and support colleagues.
Desirable
- Experience of specialist lending propositions and customers who sit outside traditional lending models.
- Knowledge of Open Banking, automated decisioning and technology-enabled underwriting.
- Ability to interpret portfolio trends and emerging risks to support lending decisions and continuous improvement.
Reward &Benefits-
- A fair and competitive salary evaluated against market data, annual discretionary bonus scheme,Medicashhealthcare scheme, 29 days annual leave plus
Specialist Senior Mortgage Underwriter - Nottingham in Godalming employer: Nottingham Building Society
Nottingham Building Society is an exceptional employer that prioritises inclusivity and employee development, making it a fantastic place for a Product Pricing Manager to thrive. With a hybrid working model and a commitment to fostering a supportive work culture, employees benefit from opportunities for professional growth while contributing to meaningful initiatives that help individuals achieve home ownership. The organisation's focus on collaboration and innovation ensures that team members are empowered to make impactful decisions in a dynamic financial services environment.
Contact Details:
Nottingham Building Society Recruitment Team
