At a Glance
- Tasks: Manually underwrite loan applications and assess complex cases with a focus on sound judgement.
- Company: Join a growing specialist lender in Birmingham that values experienced underwriters.
- Benefits: Enjoy a salary up to £45,000, hybrid working, and opportunities for professional development.
- Other info: Commit to three days in the Birmingham office; desirable qualifications include CeMAP.
- Why this job: Make impactful lending decisions in a collaborative team culture with clear progression paths.
- Qualifications: Proven experience in manual underwriting and strong understanding of credit risk is essential.
The predicted salary is between 36000 - 54000 £ per year.
Mortgage Underwriter
Location: Birmingham (Hybrid - 3 days in office)
Sector: Specialist Lending
Salary: Up to £45,000 per annum
Job Type: Full-time, Permanent
We're working with a growing specialist lender based in Birmingham that values experienced underwriters who can apply sound judgement, not just tick boxes. They're looking to hire a Manual Underwriter to join their credit team and play a key role in responsible, case-by-case lending decisions.
What You'll Be Doing:
- Manually underwriting residential and secured loan applications
- Reviewing complex cases, including self-employed and credit-impaired borrowers
- Assessing affordability, credit history, and supporting documents
- Liaising with brokers and internal teams to gather and clarify information
- Making fair, well-documented decisions in line with policy and regulation
- Supporting improvements to underwriting process and policy
What They're Looking For:
- Proven experience in manual underwriting for specialist lending, mortgages, or secured loans
- Strong understanding of affordability, credit risk, and income assessment
- Confident decision-maker with strong attention to detail
- Good working knowledge of FCA regulations and Treating Customers Fairly
- Able to commit to three days per week in the Birmingham office
Desirable:
- Background in bridging, buy-to-let, or second charge lending
- CeMAP or equivalent industry qualification (preferred, not essential)
Why Apply?
- Salary up to £45,000 depending on experience
- Hybrid working - 3 days in the office, 2 from home
- Join a growing, specialist lender with a collaborative team culture
- Clear scope for progression and professional development
Mortgage Underwriter in Birmingham employer: Vivo Talent
Join a dynamic and growing specialist lender in Birmingham, where your expertise as a Manual Underwriter will be valued and rewarded. With a collaborative team culture, hybrid working options, and clear pathways for professional development, this company offers an empowering environment that encourages autonomy in decision-making and fosters meaningful contributions to responsible lending practices.
StudySmarter Expert Advice🤫
We think this is how you could land Mortgage Underwriter in Birmingham
✨Tip Number 1
Familiarise yourself with the specific lending policies and procedures of the company. Understanding their unique approach to underwriting will help you demonstrate your alignment with their values during interviews.
✨Tip Number 2
Network with professionals in the mortgage industry, especially those who work in specialist lending. Engaging with them can provide insights into the role and may even lead to referrals within the company.
✨Tip Number 3
Prepare to discuss real-life scenarios where you've made complex underwriting decisions. Highlighting your experience with self-employed or credit-impaired borrowers will showcase your expertise and confidence.
✨Tip Number 4
Stay updated on FCA regulations and any recent changes in the lending landscape. Being knowledgeable about current compliance issues will demonstrate your commitment to responsible lending practices.
We think you need these skills to ace Mortgage Underwriter in Birmingham
Some tips for your application 🫡
Understand the Role:Before applying, make sure you fully understand the responsibilities of a Mortgage Underwriter. Familiarise yourself with the specific skills and experiences required, such as manual underwriting and knowledge of FCA regulations.
Tailor Your CV:Customise your CV to highlight relevant experience in manual underwriting, especially in specialist lending or secured loans. Emphasise your decision-making skills and attention to detail, as these are crucial for the role.
Craft a Compelling Cover Letter:Write a cover letter that showcases your passion for underwriting and your understanding of the company's values. Mention specific examples from your past experience that demonstrate your ability to make sound lending decisions.
Proofread Your Application:Before submitting, carefully proofread your application materials. Check for any spelling or grammatical errors, and ensure that all information is accurate and clearly presented. A polished application reflects your attention to detail.
How to prepare for a job interview at Vivo Talent
✨Showcase Your Experience
Be prepared to discuss your previous experience in manual underwriting, especially with specialist lending. Highlight specific cases where you made significant decisions and how your judgement positively impacted the outcomes.
✨Understand the Regulations
Familiarise yourself with FCA regulations and the principles of Treating Customers Fairly. Demonstrating a solid understanding of these regulations will show that you are not just knowledgeable but also committed to ethical lending practices.
✨Prepare for Complex Cases
Since the role involves reviewing complex cases, think of examples from your past work where you successfully assessed self-employed or credit-impaired borrowers. Be ready to explain your thought process and the factors you considered in your decision-making.
✨Ask Insightful Questions
Prepare thoughtful questions about the company's underwriting processes and team culture. This shows your genuine interest in the role and helps you assess if the company aligns with your career goals and values.
