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 model, and a fun work environment.
- Why this job: Join a dynamic team and make a real impact in the BTL mortgage sector.
- Qualifications: Management experience and expertise in BTL mortgage underwriting required.
- Other info: Opportunity for career growth in a supportive and ambitious company.
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 employer: Ultimate Banking
Contact Detail:
Ultimate Banking Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriting Manager
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, especially those who work in underwriting or mortgage sectors. A friendly chat can lead to insider info about job openings that might not even be advertised yet.
✨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 the perfect fit for their vibrant company culture!
✨Tip Number 3
Don’t forget to showcase your leadership skills! When you get the chance to speak with potential employers, highlight how you’ve developed teams and improved customer journeys in your previous roles. They want to see you can lead and inspire!
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and take the initiative to connect directly with us.
We think you need these skills to ace Underwriting Manager
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. We love seeing personality, so don’t be afraid to let yours show through!
Showcase Relevant Experience: When detailing your experience, focus on your previous roles in underwriting and team leadership. We’re keen to see examples of how you've managed teams and handled complex BTL applications, so make those stand out!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the easiest way for us to receive your application and ensures you’re considered for this fantastic opportunity. Don’t miss out!
How to prepare for a job interview at Ultimate Banking
✨Know Your BTL Inside Out
Make sure you brush up on your Buy to Let (BTL) mortgage knowledge. Understand the nuances of complex applications, like HMO and Multi Let properties. Being able to discuss these confidently will show that you're not just familiar with the role but are genuinely passionate about it.
✨Showcase Your Leadership Skills
As an Underwriting Manager, you'll need to lead a team effectively. Prepare examples of how you've successfully managed teams in the past. Think about specific challenges you faced and how you motivated your team to achieve great results. This will demonstrate your capability to lead and develop others.
✨Understand Their Culture
This company values a fun work-life balance while achieving goals. Research their culture and think about how you can contribute to it. Be ready to discuss how you can maintain this balance while still driving performance within your team.
✨Prepare for Compliance Questions
Since you'll be working closely with the compliance team, brush up on relevant regulations and oversight controls. Be prepared to discuss how you would ensure consistent delivery of good outcomes for customers and how you’ve handled compliance issues in the past.