At a Glance
- Tasks: Manage mortgage cases and ensure smooth completions with attention to detail.
- Company: Stellar Select is dedicated to elevating your career journey with expert guidance.
- Benefits: Enjoy a contributory pension, private healthcare, dental plans, and 23 days annual leave.
- Why this job: Join a growing company with superb development opportunities and a supportive culture.
- Qualifications: Experience in mortgage completions or conveyancing is essential; strong organisational skills required.
- Other info: Flexible salary based on experience; regular social events and refreshments provided.
The predicted salary is between 28800 - 43200 £ per year.
Overview
Job Title: Completions Officer
Location: London Hybrid 2 days WFH
Salary: Up to £40,000
Working Hours: Monday to Friday 9 am – 6 pm or 8:30 am – 5:30 pm
Benefits
- 25 Days Holiday
- Pension scheme
- Private healthcare
- Discretionary Bonus
- Other flexible benefits
About the role
My client is a successful and growing Specialist Lender in London, looking for an accomplished Completions Case Manager to join their vibrant team.
The successful candidate will be responsible for ensuring mortgage offer conditions are satisfied and money laundering checks completed. Managing a pipeline of cases in a fast-paced, pressured environment. Accurately assessing the risk attributed to the application ensures that the loan is both suitable and fit for purpose.
Responsibilities
- Reporting to the Completions & Conveyancing Manager, the role is responsible for processing applications from receipt of a mortgage offer, through the legal process to release of funds and completion.
- Dealing with both BTL and Bridging loan transactions from loan offer through to completion and working alongside a legal panel of lawyers to sign off legal inquiries, ensuring accurate legal titles.
- Work with the finance team in processing release of funds for pending completions
- Liaise with Underwriters and New Business Team on any completion queries (i.e. COT received, completion call transfers, updates to all parties)
- Communicate with intermediaries, valuers and solicitor enquiries by email or telephone, liaising with the underwriters as appropriate.
- Reviewing legal correspondence from solicitors, providing responses, and referring queries to the underwriters and 3rd parties where appropriate
- Pursue outstanding documents ensuring offer conditions are satisfied before authorising release of funds.
- Initiate pipeline management – advising conveyancers/underwriters when an application nears the end of its offer eligibility or valuation period or when a valuation nears expiry.
- Meeting service level agreements and maintaining excellent customer service.
- Authenticate the Certificate of Title to ensure details provided from the panel of solicitors are accurate and adequate to proceed to completion.
- Processing of Certificates of Titles (COTs) to ensure compliance with all loan offer conditions prior to sign off by a senior team member.
- Manage a pipeline of business closely to assist Structured Finance with forecasting the likelihood of completions and timings for draw-down of funds for completion along with completing Sales notices to draw down funds on your pipeline.
- Additional management of the loan funding and completion fees working closely with our Finance Team
Experience required
- Completions experience in a similar role at a mortgage lender
- Solid knowledge of end-to-end mortgage process, particularly the legal process from offer to completion and release of funds
- Experience of credit reference agencies, Land Registry, and fraud avoidance tools
- Proficiency in dealing with solicitors and mortgage brokers
- Experience of performing AML, KYC, and associated ID checks
- Good communication, analytical and numeracy skills
- Ideally experience of processing both BTL and Bridging proposals
- Track record managing a caseload of proposals for a mortgage lender
- Experience handling transactions involving Ltd company, foreign nationals, and offshore companies would be desirable
For more information regarding the role of Completions Officer 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
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Completions Officer employer: Stellar Select
Contact Detail:
Stellar Select Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Completions Officer
✨Tip Number 1
Familiarise yourself with the mortgage completion process. Understanding the nuances of how cases move from offer to completion will give you an edge in interviews and discussions.
✨Tip Number 2
Network with professionals in the mortgage and conveyancing sectors. Attend industry events or join relevant online forums to connect with others who can provide insights or even referrals.
✨Tip Number 3
Prepare to discuss your organisational skills and time management strategies. Be ready to share specific examples of how you've successfully managed caseloads or deadlines in previous roles.
✨Tip Number 4
Research StudySmarter and its values. Understanding our company culture and how you can contribute will help you align your answers during interviews, making you a more attractive candidate.
We think you need these skills to ace Completions Officer
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in mortgage completions or conveyancing. Use specific examples that demonstrate your organisational skills and attention to detail, as these are crucial for the Completions Officer role.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your experience but also expresses your enthusiasm for the role. Mention how your background aligns with the responsibilities listed in the job description, particularly your ability to manage post-offer caseloads.
Highlight Relevant Skills: In your application, emphasise skills such as time management, communication, and your understanding of the underwriting process. These are key attributes that the company is looking for in a Completions Officer.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is essential for this position.
How to prepare for a job interview at Stellar Select
✨Understand the Mortgage Process
Make sure you have a solid grasp of the mortgage completion process. Familiarise yourself with key terms and procedures, as this will demonstrate your expertise and readiness for the role.
✨Showcase Your Organisational Skills
Prepare examples that highlight your organisational abilities and time management skills. Discuss how you've successfully managed caseloads in previous roles, as this is crucial for a Completions Officer.
✨Be Detail-Oriented
Emphasise your attention to detail during the interview. You might be asked about how you ensure all mortgage conditions are met, so be ready to share specific strategies or experiences.
✨Engage with the Interviewers
Don't hesitate to ask questions about the company culture and team dynamics. This shows your interest in the role and helps you assess if it's the right fit for you.