About the Role
As a High Net Worth Underwriter, we are looking for someone who is capable of unpicking complex financial webs to prove a customer can afford their debt. You will accurately underwrite, mandate and complete mortgage and secured loan applications for High Net Worth individuals as part of our Premier Service. By following group lending criteria, policies and procedures, you will proactively manage customer and broker relationships while delivering a seamless level of service to increase future business.
Responsibilities
- Interpret full statutory accounts (Ltd/LLP), specifically tracking how money moves between entities via dividends, director loans, and management charges.
- Reconstruct net income from diverse streams (trading profits, vesting, and carried interest) and assess its long‑term sustainability through multi‑year trend analysis and stress testing.
- Have working knowledge of UK personal and corporate tax (S455, SA302s, and dividend vs. salary) to understand how tax planning impacts actual cash flow.
- Be familiar with trusts, holding companies, and offshore vehicles – essential to identify who truly controls the wealth and the feasibility of repatriating funds.
- Navigate FCA MCOB rules regarding HNW exemptions and modified affordability.
- Accurately triage clients against HNW definitions (£300k+ income / £3m+ net assets) and distinguish between income‑based underwriting and Asset‑Based Lending (ABL).
- Understand how various assets (from private equity to fine art) generate liquidity or future exit events.
- Justify policy exceptions and identify early warning signals within a client’s portfolio, such as concentration risk or high leverage.
Qualifications
Essential
- Exposure to HNW/Private Banking underwriting or specialist lending with modified affordability.
- Familiarity with KYC/AML/PEP nuances for HNW (complex ownership, source of wealth/source of funds checks).
- Demonstrable track record assessing dividend/loan account income and reading statutory accounts.
- Commercial pragmatism with control: balances risk with customer outcome; knows when to say no but starts with a desire to see how we can structure a deal within appetite.
- Can‑do, hands‑on attitude; willing to “roll sleeves up” in a fast‑paced, entrepreneurial environment.
- Communicates clearly and confidently, adapting style for brokers, valuers, solicitors, senior colleagues and HNW customers.
Desirable
- Experience with cross‑border income/assets and FX conversion to GBP.
- Experience interacting with accountants/tax advisers and challenging assumptions.
Additional Information
Together embraces diversity and inclusion, and are proud to be an equal opportunity workplace. We welcome difference – we celebrate it, support it and value our colleagues for who they are. We are committed to building a team that represents a variety of backgrounds, perspectives and skills.
If you feel you'd benefit from any support or reasonable adjustments during any stage of the recruitment process, please don’t hesitate to let us know when completing your application. This information will be picked up by our team, so we can try and put steps in place to help you be at your best through this process.
Please note that all successful applicants will undergo relevant employment reference, financial and criminal record checks.
High Net Worth Underwriter – Part Time • Cheadle, England, United Kingdom
High Net Worth Underwriter - Part Time employer: Together
Together is an exceptional employer that values its employees by offering a generous holiday allowance of 26 days, plus an additional day off for your birthday, which increases with service. The company fosters a supportive work culture that prioritises employee growth and development, making it an ideal place for those seeking meaningful and rewarding careers in the London and South East region.
