At a Glance
- Tasks: Lead and develop mortgage processing teams while managing underwriting for Buy to Let loans.
- Company: Vibrant company prioritising employee well-being and work-life balance.
- Benefits: Competitive salary, hybrid working, and a fun workplace culture.
- Why this job: Join a dynamic team and make a real impact in the mortgage industry.
- Qualifications: Management experience and expertise in BTL mortgage underwriting required.
- Other info: Opportunity for career growth in a supportive environment.
The predicted salary is between 42000 - 66000 £ per year.
Do you want to work for a vibrant company who have drive and ambition but put their employees at the heart of what they do? Our client is exactly that company. They believe in working hard to achieve their goals, but they want their staff to have fun and a work life balance.
Our client is a BTL specialist, offering a wide portfolio of BTL mortgages to their customers. They have a fantastic opportunity for an experienced BTL specialist to join them as an Underwriting Manager. In this role, you will manage the end to end mortgage processing and underwriting teams, ensuring all loans are written within the company’s risk appetite, alongside providing a best of class service to intermediary partners and borrowers.
Their head office is based in Milton Keynes, and they operate a hybrid working policy. They ask for 2 days based at their head office, which must be a Monday and Thursday, then 3 days working remotely.
Duties of the Underwriting Manager will include:
- Lead, manage and develop the mortgage processing teams to deliver an excellent customer journey.
- Act as a senior underwriter, approving Buy to Let loans within mandate and carrying out 2nd case reviews on loans underwritten by the team.
- Work with the compliance team to monitor and develop oversight controls to ensure consistent delivery of good outcomes for customers.
- Deal with and action post offer queries from the outsourcing servicing partner.
- Manage the third-party relationships to ensure service levels, controls and governance are maintained.
The successful individual will possess:
- Previous management/team leadership experience.
- A current or recently held BTL mortgage mandate, alongside experience of manual underwriting BTL complex mortgage applications (inc. LYD company, HMO, Multi Let properties).
Underwriting Manager in England employer: Ultimate Banking
Contact Detail:
Ultimate Banking Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriting Manager in England
✨Tip Number 1
Network like a pro! Reach out to your connections in the mortgage and underwriting sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by brushing up on your BTL knowledge. Be ready to discuss your experience with complex mortgage applications and how you’ve led teams in the past. Show them you’re not just a fit for the role, but the perfect match for their vibrant company culture!
✨Tip Number 3
Don’t forget to follow up after interviews! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in their minds. Plus, it’s a great chance to reiterate why you’d be an awesome Underwriting Manager.
✨Tip Number 4
Apply through our website! We make it super easy for you to find and apply for jobs that suit your skills. Plus, it helps us keep track of your application and get you in front of the right people faster. Let’s get you that Underwriting Manager role!
We think you need these skills to ace Underwriting Manager in England
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Underwriting Manager role. Highlight your management experience and any specific BTL mortgage expertise you have. We want to see how your skills align with what our client is looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how you can contribute to the team. Remember, we love a bit of personality, so let your enthusiasm show!
Showcase Relevant Experience: When filling out your application, be sure to showcase your relevant experience in managing underwriting teams and handling complex BTL applications. We’re keen to see how you’ve made an impact in previous roles!
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for this fantastic opportunity. We can’t wait to hear from you!
How to prepare for a job interview at Ultimate Banking
✨Know Your BTL Inside Out
Make sure you brush up on your knowledge of Buy to Let mortgages. Understand the nuances of manual underwriting, especially for complex applications like HMO and Multi Let properties. This will show that you're not just familiar with the basics but are ready to tackle the specifics.
✨Showcase Your Leadership Skills
Since this role involves managing teams, be prepared to discuss your previous management experience. Think of specific examples where you've led a team to success or improved processes. Highlight how you can motivate and develop your team to deliver an excellent customer journey.
✨Understand Their Culture
Research the company’s values and culture. They emphasise a fun work-life balance while achieving goals. Be ready to discuss how you align with these values and how you can contribute to maintaining a vibrant workplace.
✨Prepare Questions for Them
Interviews are a two-way street! Prepare thoughtful questions about their hybrid working policy, team dynamics, and how they measure success in the underwriting process. This shows your genuine interest in the role and helps you assess if it’s the right fit for you.