At a Glance
- Tasks: Manually underwrite mortgage applications and ensure informed lending decisions.
- Company: Market leader in the mortgage industry with a focus on complex lending.
- Benefits: Up to £44k salary, 27 days holiday, pension, BUPA, and hybrid working.
- Other info: Hybrid work model with excellent career progression potential.
- Why this job: Grow your underwriting skills and gain exposure to specialist lending opportunities.
- Qualifications: Previous mortgage underwriting experience required.
The predicted salary is between 44000 - 44000 € per year.
Are you a mortgage professional, seeking a new opportunity where you can utilise your underwriting skills, but also gain exposure to more specialist lending? Our client is a market leader in the mortgage space, offering a wide range of complex lending including residential, BTL, bridging and development finance loans.
In this role, you will manual underwrite and process new mortgages applications, progressing the case from application to offer. Duties will include:
- To ensure informed lending decisions are made by manually underwriting mortgage applications in line with approved level.
- To assess and approve new decision in principle enquiries in line with lending policy and underwriter’s guidance.
- To assess and make recommendations on cases that are outside of policy.
- To liaise with customers, intermediaries, valuers and solicitors during the processing of their mortgage through to completion ensuring good customer outcomes.
The successful individual will possess:
- Previous mortgage underwriting experience across residential and BTL.
This is a fantastic opportunity to really grow and develop your underwriting skills and would suit someone who has previous underwriting experience, looking to gain exposure in more complex lending, or even a Senior Mortgage Case Manager looking to make that progression into an Underwriting role.
The head office is based in Leicestershire and they can offer a hybrid approach to the working week with 2 days based at head office and the remainder working remotely (for the training period, more office presence would be required initially). Along with a competitive salary, you would also be entitled to benefits such as 27 days holiday (plus bank holidays and a birthday day off!), pension contribution, BUPA and more!
If this sounds like your next role, apply today!
Mortgage Underwriter in Leicester employer: Ultimate Banking
Join a leading mortgage provider in Leicestershire, where your underwriting expertise will be valued and nurtured. With a supportive work culture that prioritises employee growth, you will have the opportunity to expand your skills in complex lending while enjoying a competitive salary and generous benefits, including 27 days of holiday and a hybrid working model. This is not just a job; it's a chance to build a rewarding career in a dynamic environment that champions both professional development and employee well-being.
StudySmarter Expert Advice🤫
We think this is how you could land Mortgage Underwriter in Leicester
✨Tip Number 1
Network like a pro! Reach out to your connections in the mortgage industry and let them know you're on the lookout for new opportunities. You never know who might have a lead or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your underwriting knowledge. Be ready to discuss specific cases you've worked on and how you made informed lending decisions. Show them you’re not just a number cruncher, but someone who understands the bigger picture!
✨Tip Number 3
Don’t forget to follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. Plus, it shows your enthusiasm for the role and the company.
✨Tip Number 4
Apply through our website for the best chance at landing that Mortgage Underwriter role. We want to see your application and help you take the next step in your career!
We think you need these skills to ace Mortgage Underwriter in Leicester
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Mortgage Underwriter role. Highlight your previous underwriting experience and any specific skills that relate to residential and BTL lending. We want to see how you can bring your unique expertise to our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about mortgage underwriting and how your experience aligns with our needs. We love seeing genuine enthusiasm, so let your personality come through!
Showcase Relevant Experience:When filling out your application, be sure to showcase any relevant experience you have with complex lending. Whether it's bridging or development finance, we want to know how you've tackled similar challenges in the past.
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 the role. Plus, it gives you a chance to explore more about what we do at StudySmarter!
How to prepare for a job interview at Ultimate Banking
✨Know Your Underwriting Stuff
Brush up on your mortgage underwriting knowledge, especially around residential and BTL loans. Be ready to discuss specific cases you've worked on and how you made informed lending decisions. This shows you're not just familiar with the basics but can handle complex scenarios.
✨Understand the Company’s Lending Policies
Research the company’s lending policies and any recent changes in the market. Being able to discuss how you would assess and approve decision in principle enquiries in line with their guidelines will impress the interviewers and show that you’re proactive.
✨Prepare for Scenario Questions
Expect questions about how you would handle cases outside of policy. Think of examples from your past experience where you had to make tough decisions and be prepared to explain your thought process. This demonstrates your critical thinking and problem-solving skills.
✨Showcase Your Communication Skills
Since the role involves liaising with various stakeholders, practice articulating how you would communicate with customers, intermediaries, valuers, and solicitors. Highlight any past experiences where your communication led to positive outcomes, as this is key for ensuring good customer service.
