At a Glance
- Tasks: Manage mortgage applications and support brokers in a dynamic environment.
- Company: Established independent mortgage brokerage in the heart of London.
- Benefits: Competitive salary, bonus scheme, pension, and Christmas bonus.
- Why this job: Join a growing team and make a real impact in the finance sector.
- Qualifications: Experience in commercial mortgage administration and strong communication skills.
- Other info: Hybrid working model with excellent career progression opportunities.
The predicted salary is between 28000 - 42000 £ per year.
A successful, Directly Authorised, Independent Mortgage Brokerage are currently keen to hire an additional Commercial Mortgage Administrator to join their established team based within their City of London office. The company's main aim is to provide the best and most impartial advice available to its clientele. The firms clients are both UK and internationally based, they are often of a HNW nature. The working hours within this position are Monday to Friday from 9:00am to 17:00pm. This is a hybrid role whereby the successful candidate would work from a prime located City of London office on Mondays, Tuesdays, Thursdays and Fridays, with the opportunity to work from home on Wednesdays.
Key responsibilities:
- Keying Mortgage applications into the different lenders systems – This in the main will include Commercial Mortgage, Bridging Finance and Development Finance cases.
- Providing administrative support to the Brokers.
- Managing the client service experience through to completion – speaking to the clients, lenders and solicitors to ensure smooth progress of the application.
- Detailing all conversations and actions taken in the CRM System. Also becoming familiar with the mortgage sourcing system that is used.
- Gathering original documents from clients, as required by the lenders.
- Uploading documents onto the system within the required compliance timescales.
- Scanning file documents onto the system and being responsible for ensuring the final file meets the required compliance standards.
- Ensuring all work meets the required FCA compliance standards.
- Contacting existing clients, to review their circumstances and products.
- Assisting the team with any other duties, as reasonably requested.
Key candidate attributes:
- Commercial Mortgage Administration experience (i.e. with commercial mortgage and/or bridging finance and/or development finance cases) within the independent brokerage market, ensuring that you are familiar with multiple lenders mortgage products and online portals/platforms.
- Excellent English written skills and telephone manner, must have experience in dealing with all types of clients from diverse backgrounds.
- Must demonstrate technical ability and be confident with mortgage/finance terminology.
- Must be able to demonstrate initiative and ability to time manage and prioritise cases through to completion.
- Desire to progress in a professional and growing business.
The successful candidate will receive a competitive basic salary of up to circa £35,000 which is negotiable based on skill-set/role experience. A pension scheme, plus benefits including a bonus scheme based upon the business' performance. These bonuses are paid quarterly and equate to an additional 10% to 20% of your annual salary. Team members consistently also receive a company Christmas bonus worth another £2,000 each year. All leading to a possible annual OTE of up to £44,000 within your first year in this role.
If you are interested within this vacancy and if you believe that your experience/skill-set is well suited to the role then please do apply on-line.
Locations
Commercial Mortgage Administrator in City of London, London employer: Your Mortgage Recruiter
Contact Detail:
Your Mortgage Recruiter Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commercial Mortgage Administrator in City of London, London
✨Tip Number 1
Network like a pro! Reach out to your connections in the mortgage industry, attend relevant events, and don’t be shy about letting people know you’re on the hunt for a Commercial Mortgage Administrator role. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of commercial mortgages and finance terminology. We recommend practising common interview questions and even role-playing with a friend. The more confident you are, the better your chances of landing that job!
✨Tip Number 3
Showcase your skills! When you get the chance to meet potential employers, whether in person or virtually, make sure to highlight your experience with different lenders and your ability to manage client relationships. This is your time to shine!
✨Tip Number 4
Don’t forget to apply through our website! It’s super easy and ensures your application gets the attention it deserves. Plus, we’re always on the lookout for talented individuals like you to join our team!
We think you need these skills to ace Commercial Mortgage Administrator in City of London, London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Commercial Mortgage Administrator role. Highlight your experience with commercial mortgage, bridging finance, and development finance. We want to see how your skills match what we're looking for!
Show Off Your Communication Skills: Since you'll be dealing with clients from diverse backgrounds, it's crucial to showcase your excellent written and verbal communication skills. Use clear language and demonstrate your ability to handle various client interactions in your application.
Be Detail-Oriented: Attention to detail is key in this role. When filling out your application, make sure to double-check for any errors and ensure that all information is accurate. We love candidates who take pride in their work!
Apply Through Our Website: We encourage you to apply directly 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 proactive and keen to join our team!
How to prepare for a job interview at Your Mortgage Recruiter
✨Know Your Stuff
Make sure you brush up on commercial mortgage terminology and processes. Familiarise yourself with the different lenders' systems and products, as well as the compliance standards you'll need to adhere to. This will show that you're not just interested in the role but also prepared for it.
✨Showcase Your Experience
Be ready to discuss your previous experience in commercial mortgage administration. Prepare specific examples of cases you've managed, how you handled client interactions, and any challenges you overcame. This will help demonstrate your capability and confidence in the role.
✨Practice Your Communication Skills
Since you'll be dealing with high-net-worth clients, it's crucial to convey professionalism and clarity. Practise articulating your thoughts clearly and confidently, both in writing and verbally. Consider doing mock interviews with a friend to refine your approach.
✨Ask Insightful Questions
Prepare some thoughtful questions about the company culture, team dynamics, and growth opportunities within the firm. This shows your genuine interest in the position and helps you assess if the company is the right fit for you.