At a Glance
- Tasks: Assess mortgage applications and ensure compliance with underwriting guidelines.
- Company: Join a fast-growing team at West One Loans, focused on collaboration and customer service.
- Benefits: Enjoy private healthcare, 25 days' leave, and paid volunteering days.
- Other info: Be part of a supportive culture that values teamwork and personal growth.
- Why this job: Make an impact in specialist finance while developing your career.
- Qualifications: Experience in underwriting residential mortgages and strong communication skills.
The predicted salary is between 36000 - 60000 £ per year.
Are you an experienced Underwriter who enjoys taking ownership, supporting others, and has experience within Residential Mortgages? Do you thrive in a fast-paced lending environment where broker relationships, risk appetite, and regulatory compliance are equally important? If this sounds like you, then this could be the perfect next step in your career. Apply today and let's grow together at West One Loans.
Key Accountabilities
- Enter and update borrower data on Fusion lending platform.
- Ensure all aspects of the loans are recorded accurately on Fusion and meet underwriting guidelines.
- Carry out an assessment of the mortgage application to ensure all aspects of our underwriting criteria are met.
- Provide concise and accurate updates to brokers.
- Proactively chase brokers for outstanding requirements.
- Ensure all underwriting is in line with Company policy and within regulation.
- Ensure that all cases are Underwritten within the Groups Risk appetite.
- Build good relationships with 3rd party suppliers including brokers and solicitors to assist in the smooth flow of business.
- Maintaining a pipeline of cases, overseeing cases from inception through to completion.
- Maintain broker relationships that are integral to the growth for WOSL.
- All work is to be carried out in accordance with Enra Specialist Finance policies and procedures.
Skills & Competencies
- Ability to work as part of a team.
- Pass internal competency tests post induction.
- High attention to detail.
- Good written and verbal communication skills.
Knowledge & Qualifications
- An understanding of FCA regulation.
- Experienced in Underwriting 1st and/or 2nd Charge mortgage applications.
- CeMAP (desirable, not essential).
Personal Attributes
- Flexible
- Articulate
- Well organised
- Robust and comfortable working to deadline and under pressure
Why Join Us?
At West One Loans, we're growing fast and looking for ambitious people who want to be part of our exciting journey. We'll give you the tools, training, and support you need to succeed, while offering clear opportunities to progress your career. Alongside this, we offer a strong benefits package, including private medical healthcare, 25 days' annual leave, paid volunteering days, and a host of additional benefits. If you're ready to build your career with a Specialist Lender and make an impact - click apply today.
At Enra we believe that working together collaboratively is the best way to serve our customers and develop our colleagues. We are very focused on developing and maintaining our culture and remaining dedicated to the CREDIT values on which Enra was built: Customers, Results, Energy, Development, Invention and Teamwork. We live and breathe these values every day and want to ensure they underpin our future success. So, if you want to build a career in specialist finance, with an employer focused on providing brilliant customer service, lending responsibly, and creating a great office environment to develop its people, then look no further than Enra.
Residential Underwriter in Watford employer: West One Loans
West One Loans is an exceptional employer, offering a dynamic work environment where innovation and collaboration thrive. With a strong focus on employee growth, we provide comprehensive benefits including private medical healthcare, ensuring our team members feel valued and supported. Located in North London, our culture fosters meaningful relationships and professional development, making it an ideal place for those looking to make a significant impact in the lending industry.
StudySmarter Expert Advice🤫
We think this is how you could land Residential Underwriter in Watford
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, especially those who work with brokers or in residential mortgages. A friendly chat can lead to opportunities that aren’t even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of FCA regulations and underwriting criteria. We want you to feel confident discussing how you can meet the company’s risk appetite and compliance needs.
✨Tip Number 3
Showcase your attention to detail! During interviews, share examples of how you've successfully managed complex cases or maintained strong broker relationships. This will highlight your fit for the fast-paced environment.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about joining our team at West One Loans.
We think you need these skills to ace Residential Underwriter in Watford
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects your experience in Residential Mortgages and underwriting. Highlight specific achievements and skills that align with the job description to show us you’re the perfect fit!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to tell us why you’re passionate about underwriting and how your background makes you an ideal candidate. Keep it concise but engaging!
Showcase Your Attention to Detail:As an Underwriter, attention to detail is key. Make sure your application is free from typos and errors. This not only reflects your professionalism but also your ability to meet our underwriting criteria.
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 don’t miss out on any important updates from our team!
How to prepare for a job interview at West One Loans
✨Know Your Underwriting Stuff
Make sure you brush up on your knowledge of residential mortgages and FCA regulations. Be ready to discuss specific underwriting criteria and how you've applied them in past roles. This shows you're not just familiar with the basics but can also handle the complexities of the job.
✨Show Off Your Communication Skills
Since maintaining broker relationships is key, prepare examples of how you've effectively communicated with brokers or third-party suppliers in the past. Highlight any situations where your communication made a difference in the outcome of a case.
✨Demonstrate Team Spirit
West One Loans values teamwork, so be ready to share experiences where you've collaborated with others to achieve a common goal. Discuss how you support your colleagues and contribute to a positive team environment.
✨Be Ready for Fast-Paced Scenarios
Prepare for questions about how you handle pressure and tight deadlines. Think of specific instances where you successfully managed a heavy workload or navigated a challenging situation while keeping everything compliant and on track.
