At a Glance
- Tasks: Lead a dynamic team of underwriters and manage workflows for optimal performance.
- Company: Join a reputable recruitment agency with over 20 years of experience.
- Benefits: Competitive salary, career growth opportunities, and a supportive work environment.
- Why this job: Make a real impact in the finance sector while developing your leadership skills.
- Qualifications: 5+ years in finance underwriting and strong communication skills required.
- Other info: Thriving in a fast-paced environment is essential for success.
Responsibilities:
- Managing a team of underwriters and origination personnel, including their workflows, and reporting this to Risk Manager.
- Ensuring the highest level of quality for the wider team.
- Underwriting new applications from start to finish, in line with our lending policies with an ideal minimum pipeline of 15 cases at any one time.
- Maintaining regular contact with our brokers, solicitors, and valuers to ensure the best possible service levels.
- Constant risk assessment of each case as it develops for your own pipeline and the wider team. Presenting and mandating of credit papers to credit committee and whilst clearly demonstrating commercial risks and creditworthiness of the borrower and strength of the underlying asset.
- Working with finance and treasury functions to ensure cases are funded in a timely manner.
- Regularly update internal teams or stakeholders of pipeline work and case progression.
- Maintain a constant review on efficiencies in policy and processes whilst maintaining the highest possible standards.
- Adherence to personal and team based KPIs.
- Working to deadlines and prioritising workflow.
- Regular check ins with Risk Manager to ensure the needs of the business are being met.
Knowledge:
- Minimum 5 years specialist finance underwriting experience.
- Hold a lending mandate of £500,000 or greater.
- CeMAP qualified is desired.
- Demonstrate technical knowledge of specialist finance underwriting.
- Great communication skills.
- Well-developed relationship building skills.
- Understanding of mortgage regulatory requirements.
- Thrive in an expanding and changing environment.
Underwriting Team Manager in Borehamwood employer: Nouvo Recruitment
Contact Detail:
Nouvo Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriting Team Manager in Borehamwood
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and underwriting sectors. A friendly chat can lead to opportunities that aren’t even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge. Be ready to discuss your experience with lending mandates and risk assessment, as these are key in our industry.
✨Tip Number 3
Showcase your communication skills! During interviews, highlight how you’ve built relationships with brokers and solicitors. This is crucial for the Underwriting Team Manager role.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we update our roles daily, so keep checking back for new opportunities.
We think you need these skills to ace Underwriting Team Manager in Borehamwood
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Underwriting Team Manager role. Highlight your relevant experience, especially in managing teams and underwriting processes. We want to see how your skills align with our needs!
Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Use numbers and examples to demonstrate how you’ve improved workflows or met KPIs in previous roles. This helps us see the impact you can bring to our team.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about this role and how your background makes you a perfect fit. We love seeing genuine enthusiasm for what we do at StudySmarter.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any updates. Plus, you can check out other roles that might interest you!
How to prepare for a job interview at Nouvo Recruitment
✨Know Your Numbers
As an Underwriting Team Manager, you'll need to demonstrate your understanding of financial metrics. Brush up on key figures related to underwriting and lending mandates, especially if you hold a mandate of £500,000 or greater. Be ready to discuss how you've managed pipelines and met KPIs in your previous roles.
✨Showcase Your Communication Skills
Great communication is crucial in this role. Prepare examples of how you've maintained relationships with brokers, solicitors, and valuers. Think about specific instances where your communication made a difference in service levels or case progression, and be ready to share these during the interview.
✨Demonstrate Risk Assessment Expertise
You'll be constantly assessing risks, so come prepared with examples of how you've evaluated cases in the past. Discuss your approach to presenting credit papers to committees and how you've effectively communicated commercial risks and borrower creditworthiness.
✨Adaptability is Key
This role thrives in a changing environment, so highlight your ability to adapt. Share experiences where you've successfully navigated changes in policy or processes while maintaining high standards. This will show that you're not just a fit for the role, but also for the company's evolving needs.