At a Glance
- Tasks: Assess complex mortgage applications and provide guidance to junior underwriters.
- Company: Award-winning customer-focused mortgage lender in Central Belt, Scotland.
- Benefits: Competitive salary, bonus scheme, generous pension, and BUPA healthcare.
- Other info: Flexible work-from-home options after initial training period.
- Why this job: Join a close-knit team and make a real impact in the mortgage industry.
- Qualifications: 3+ years of manual mortgage underwriting experience and a customer-focused mindset.
The predicted salary is between 36000 - 54000 £ per year.
Job Description
Senior Mortgage Underwriter
Central Belt, Scotland
£dependent on experience, up to £45k
Are you an experienced manual mortgage underwriter who thrives on providing excellent customer service, and underwriting a variety of residential and B2L loans? Our client has an exciting opportunity to join their team as a Senior Mortgage Underwriter; here you will be working in a close knit team of 6 and reporting to the Mortgage Underwriting Manager, being responsible for assessing complex residential mortgage applications up to £1m.
They are an established and highly customer focussed business with many awards to their name. This is a new role as they continue to expand and grow their lending offerings to their customers. You will be expected to be in their office (Central Belt) at least once a week (likely more the first few weeks) but thereafter flexibility to WFH.
Duties will include:
- Assess mortgage applications in line with lending policy and regulatory standards (MCOB)
- Perform detailed affordability assessments, including non-standard income and complex applicant profiles
- Apply manual underwriting judgement with freedom to apply common sense without the restrictions of rigid credit scoring
- Provide technical guidance to junior underwriters and administrative assistants
- Contribute towards underwriting policy reviews and process improvements
- Liaise with intermediaries and internal stakeholders to progress applications efficiently
The successful candidate will possess:
- At least 3 years’ previous manual mortgage underwriting experience in residential and / or B2L lending
- Previously held a mandate
- Have a customer focus, be able to work within a relatively small team and contribute to the wider business, supporting more junior colleagues in particular
Along with a competitive salary, additional benefits include: bonus scheme, very generous pension scheme and BUPA health care. If you are an experienced mortgage underwriter who can commute to the Central Belt area once a week and looking to work in a customer focussed lender, please apply now.
Senior Mortgage Underwriter in Edinburgh employer: Ultimate Banking Ltd
Join a highly regarded and customer-centric mortgage lender in the Central Belt of Scotland, where you will be part of a supportive team dedicated to delivering exceptional service. With a competitive salary, generous pension scheme, and BUPA healthcare, this role offers not only financial rewards but also opportunities for professional growth and development within a collaborative environment. Embrace the flexibility of hybrid working while contributing to a company that values your expertise and fosters a culture of continuous improvement.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Mortgage Underwriter in Edinburgh
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Ultimate Banking Ltd. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Senior Mortgage Underwriter in Edinburgh
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Ultimate Banking Ltd.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Ultimate Banking Ltd's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Ultimate Banking Ltd
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Ultimate Banking Ltd.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Ultimate Banking Ltd will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Ultimate Banking Ltd employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
