Job Title: 2 Charge Underwriter
Location: Watford
Salary: Confirmed on application
Hours: Monday to Friday 9 am to 5.30 pm
Benefits:
- Competitive pension, life assurance, private medical, dental, and eye care
- 25 days annual leave plus bank/public holidays and annual leave purchase option
- PerkBox rewards, refreshments, and social/team events
- Excellent development and career progression opportunities
About the position of 2 Charge Underwriter:
Our client is a growing specialist lender looking for an experienced Mortgage Underwriter to join their team. They are open to considering candidates with either second charge or residential mortgage underwriting experience, making this an excellent opportunity for an underwriter looking to develop their specialist lending experience. You will be responsible for assessing mortgage applications, making lending decisions within the company's risk appetite and managing cases through to completion, while building strong relationships with broker partners and other key stakeholders.
Responsibilities for the role of 2 Charge Underwriter:
- Underwrite applications in line with company policy, underwriting criteria and risk appetite
- Assess borrower circumstances, affordability, supporting documentation and overall credit risk to make sound lending decisions
- Manage a pipeline of cases from application through to completion
- Provide clear, concise and accurate updates to brokers throughout the underwriting process
- Proactively liaise with brokers to obtain outstanding information and documentation
- Ensure all case information and underwriting decisions are accurately recorded on the relevant systems
- Build and maintain strong relationships with mortgage brokers, solicitors and third-party suppliers
- Work closely with internal teams to ensure cases progress efficiently and within agreed timescales
- Ensure all underwriting decisions comply with FCA regulation, company policy, responsible lending and risk requirements
- Maintain high levels of service while managing a busy caseload and working to deadlines
Experience and skills required for the role of 2 Charge Underwriter:
- Proven manual underwriting experience within a mortgage lender, with experience holding an underwriting mandate/delegated authority
- Experience underwriting second charge and/or residential mortgage applications, with strong credit assessment and lending judgement
- Good understanding of FCA regulation, responsible lending and risk requirements, with strong attention to detail and the ability to make sound lending decision
For more information regarding the role of 2 Charge Underwriter, please contact us
Stellar Select is acting as an employment agency and is a corporate member of the REC.
Due to a high volume of applications, we will only contact you if your application has been successful. We aim to contact all successful contacts within two business days.
2nd Charge Underwriter in Watford employer: Stellar Select Limited Careers
Join a forward-thinking fintech lender in London as an AI & CRM Implementation Specialist, where you will thrive in a dynamic and innovative environment. With a strong focus on employee growth, you will have the opportunity to work closely with senior stakeholders, driving meaningful change through AI and CRM enhancements while enjoying a competitive salary, generous annual leave, and a discretionary bonus. Embrace a culture that values collaboration and creativity, making this an excellent place for professionals seeking impactful and rewarding careers.
Contact Details:
Stellar Select Limited Careers Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land 2nd Charge Underwriter in Watford
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Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
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How to prepare for a job interview at Stellar Select Limited Careers
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Stellar Select Limited Careers to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
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✨Know the Company Culture Inside Out
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