At a Glance
- Tasks: Underwrite complex mortgage applications and deliver exceptional customer service.
- Company: Join a leading specialist mortgage company with a focus on innovation.
- Benefits: Comprehensive benefits package to support your professional and personal needs.
- Other info: Dynamic team environment with opportunities for growth and development.
- Why this job: Make a real impact in the mortgage market while developing your expertise.
- Qualifications: 5+ years in specialist mortgage underwriting and strong understanding of lending types.
The predicted salary is between 50000 - 65000 € per year.
Role Overview: The successful candidate will be a suitably qualified and experienced Underwriter in the specialist mortgage market, having held a Residential & Buy to Let lending mandate for a minimum of 5 years (£500k desirable).
Key Responsibilities:
- Underwrite and decision complex Residential and BTL mortgage applications ensuring you deliver exceptional customer service.
- Operate effectively to achieve agreed production and quality targets and objectives and take responsibility for highlighting any areas of concern.
- Consider mortgage applications outside standard lending policy where a justifiable business reason exists.
- Ensure responsibilities regarding Consumer Duty, the Prevention of Financial Crime (including AML, identification, and reporting of fraud) and responsible lending are carried out effectively and in accordance with the Company’s policies.
- Develop and maintain knowledge of mortgage products and bespoke underwriting capability with an emphasis on understanding of Vida’s risk appetite, products, and criteria.
- Ability to manage and organise own caseload in line with the priorities of the business.
Requirements:
- Extensive experience of specialist mortgage manual underwriting, the mortgage intermediary market, its products, marketing approach and processes.
- Held a specialist residential and BTL lending mandate for a minimum of 2 years.
- A detailed understanding of complex Residential & BTL lending types, such as Portfolio Buy to Let, SPV’s, New Build, Help to Buy/First Home Fund, Contractors, Ex-Pats, Self-Employed, Credit Repair, HMOs and MUBs.
- Regulation / Legislation Awareness - Knowledge of the Regulated Financial Services environment.
- Demonstrable understanding of Consumer Duty, responsible lending and regulatory knowledge.
- CeMap qualified or industry equivalent – desirable but not essential.
- Able to demonstrate a proactive, hardworking, flexible and able to work under own initiative but also a team player.
- Proficient in MS Office, credit risk decision systems.
Benefits: We offer a comprehensive benefits package to support our employees’ professional and personal needs. Further details can be provided upon application.
Dual Underwriter employer: Vida Bank
At Vida, we pride ourselves on being an exceptional employer in the specialist mortgage market, offering a dynamic work culture that fosters collaboration and innovation. Our comprehensive benefits package supports both professional growth and personal well-being, while our commitment to employee development ensures that you can thrive in your role as a Dual Underwriter. Join us in a location that values expertise and provides unique opportunities to make a meaningful impact in the financial services sector.
StudySmarter Expert Advice🤫
We think this is how you could land Dual Underwriter
✨Tip Number 1
Network like a pro! Reach out to your connections in the mortgage industry and let them know you're on the hunt for a Dual Underwriter role. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of complex Residential and BTL lending types. Be ready to discuss your experience with different mortgage products and how you've navigated tricky underwriting situations in the past.
✨Tip Number 3
Showcase your customer service skills during interviews. Remember, it's not just about numbers; it's about how you can deliver exceptional service while managing your caseload effectively. Share examples of how you've gone above and beyond for clients.
✨Tip Number 4
Don't forget to apply through our website! We love seeing applications directly from candidates who are genuinely interested in joining our team. Plus, it gives us a chance to see your enthusiasm right from the start!
We think you need these skills to ace Dual Underwriter
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Dual Underwriter role. Highlight your experience in specialist mortgage underwriting and any relevant mandates you've held. We want to see how your background aligns with our needs!
Showcase Your Skills:In your cover letter, showcase your understanding of complex Residential and BTL lending types. We love seeing candidates who can demonstrate their knowledge of the mortgage market and how they can contribute to our team.
Be Clear and Concise:When filling out your application, be clear and concise. We appreciate straightforward communication, so make sure you get to the point while still covering all the important details about your experience and qualifications.
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 shows you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at Vida Bank
✨Know Your Stuff
Make sure you brush up on your knowledge of specialist mortgage products and the underwriting process. Be ready to discuss complex lending types like Portfolio Buy to Let and HMOs, as well as any recent changes in regulations that could affect your role.
✨Showcase Your Experience
Highlight your experience with Residential and Buy to Let lending mandates. Prepare specific examples from your past roles where you successfully underwrote complex applications or navigated challenging cases, demonstrating your ability to deliver exceptional customer service.
✨Understand the Company’s Values
Familiarise yourself with the company’s policies on Consumer Duty and responsible lending. Be prepared to discuss how you would ensure compliance with these policies while still achieving production and quality targets.
✨Be Organised and Proactive
Demonstrate your ability to manage your caseload effectively. Share strategies you’ve used in the past to prioritise tasks and handle multiple applications, showing that you can work independently while also being a team player.
