At a Glance
- Tasks: Join our team as a Senior Residential Mortgage Underwriter and assess mortgage applications.
- Company: Be part of a successful and growing specialist lender in Hertfordshire.
- Benefits: Enjoy 25 days annual leave, private healthcare, and a contributory pension scheme.
- Why this job: This role offers superb development opportunities and a chance to make an impact.
- Qualifications: Experience in residential mortgage underwriting is essential; be ready to lead and support.
- Other info: Office-based role with a supportive team and social events.
The predicted salary is between 43200 - 72000 £ per year.
Job Title: Senior Residential Mortgage Underwriter Location: Hertfordshire – Office Based Salary: Negotiable depending on experience Hours: Monday to Friday 9 am to 5.30 pm Benefits: * Contributory Pension scheme * Private Medical Healthcare * Life Assurance * Dental Plan * Free eye tests * Annual leave purchase scheme * Social events * Refreshments * 25 days annual leave with bank and public holidays on top * Perk box * Superb development opportunities About the position of Senior Residential Mortgage Underwriter We have a great new opportunity for an experienced residential mortgage underwriter to join an established, successful and growing specialist lender. As a Senior residential mortgage underwriter, you will support the Underwriting manager in their absence and act as an SME to the rest of the underwriting team Responsibilities for the role of Senior Residential Mortgage Underwriter * Support the Underwriting manager, deputising in their absence * Act as an SME to the underwriting team * Assess the mortgage application to ensure all aspects of our underwriting criteria are met. * Provide concise and accurate updates to brokers. * Proactively chase brokers for outstanding requirements. * Ensure all underwriting is in line with Company policy and within regulation. * Ensure that all cases are Underwritten within the group's Risk appetite. * Build good relationships with 3rd party suppliers including brok…
Senior Residential Mortgage Underwriter employer: Stellar Select
Contact Detail:
Stellar Select Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Residential Mortgage Underwriter
✨Tip Number 1
Familiarize yourself with the latest trends and regulations in residential mortgage underwriting. This knowledge will not only help you during the interview but also demonstrate your commitment to staying updated in a rapidly changing industry.
✨Tip Number 2
Network with professionals in the mortgage industry, especially those who work as underwriters or brokers. Engaging with them can provide valuable insights into the role and may even lead to referrals.
✨Tip Number 3
Prepare to discuss specific scenarios where you've successfully assessed mortgage applications or managed complex cases. Highlighting your experience will show that you're ready to take on the responsibilities of a Senior Residential Mortgage Underwriter.
✨Tip Number 4
Research StudySmarter's company culture and values. Understanding what we stand for will help you align your answers during the interview and demonstrate that you're a good fit for our team.
We think you need these skills to ace Senior Residential Mortgage Underwriter
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the Senior Residential Mortgage Underwriter position. Understand the key responsibilities and required skills, so you can tailor your application accordingly.
Highlight Relevant Experience: In your CV and cover letter, emphasize your experience in residential mortgage underwriting. Provide specific examples of how you've supported underwriting teams and met criteria in previous roles.
Showcase Your Skills: Make sure to highlight your skills that align with the job requirements, such as attention to detail, communication skills, and ability to work under pressure. Use concrete examples to demonstrate these skills.
Personalize Your Cover Letter: Write a personalized cover letter that addresses the hiring manager. Mention why you are interested in this specific role and how your background makes you a great fit for the company.
How to prepare for a job interview at Stellar Select
✨Know Your Underwriting Criteria
Make sure you are well-versed in the specific underwriting criteria of the company. Be prepared to discuss how your experience aligns with these criteria and provide examples of how you've successfully assessed mortgage applications in the past.
✨Demonstrate Your SME Knowledge
As a Senior Residential Mortgage Underwriter, you'll be expected to act as a Subject Matter Expert (SME). Prepare to showcase your expertise by discussing complex cases you've handled and how you supported your team in challenging situations.
✨Build Rapport with Brokers
Since the role involves liaising with brokers, think about how you can demonstrate your relationship-building skills. Share examples of how you've effectively communicated with brokers and resolved any outstanding requirements in previous roles.
✨Understand Company Policies and Regulations
Familiarize yourself with the company's policies and the regulatory environment surrounding mortgage underwriting. Be ready to discuss how you ensure compliance in your work and how you handle situations where policies may conflict with client needs.