Job Title: Mortgage Underwriter
Location: Epsom
Salary: £35,000 - £40,000
Key Skills: Underwriting, Loans, Mortgages, Brokers, Financial, Insurance, Calls, FCA, Regulation, SLA, Compliance.
Are you an experienced Mortgage Underwriter with a keen eye for detail and a passion for helping people achieve their dream of homeownership? Our client is looking for a talented individual to join their team as a Mortgage Underwriter. In this crucial role, you will be responsible for assessing and approving mortgage applications, balancing risk with opportunity, and ensuring our customers receive personalised, thoughtful service. If you're ready to bring your expertise to a dynamic, customer-focused organization that values integrity and innovation, we'd love to hear from you.
The Role:
So, what will you be doing as a Mortgage Underwriter ?
- Assess loan applications to ensure completeness of documentation to Society standards and, in relation to introduced cases, liaise with Intermediary's / BDM's to procure the submission of omitted items as necessary.
- Undertake appraisal of applications received and submit recommendations as to underwriting checks to be undertaken to either the Assistant Manager, Loans Underwriting or Head of Loans Underwriting ("Outside Guideline" or "Within Guideline" cases within delegated authority limits) as appropriate.
- Acknowledge application to applicant and intermediary, (via phone and follow up email).
- Case ownership from Application through to Offer. Drive application to offer times by tracking of mortgage pipeline within Service Level Agreement.
- Issue and check the adequacy and authenticity of reference enquiries together with the raising of queries as necessary. Conduct of checks with professional institutions, as required to comply with laid down procedures.
- Issue instructions to Panel Valuers.
- Input and on-going maintenance of all applications received on recording systems (manual or computerised) operational within the Loans Underwriting area, in accordance with laid down procedures.
- Produce Loan Offers in compliance with the Society's Lending Policy and laid down procedures, for submission to and approval by the Assistant Manager, Loans Underwriting or the Head of Loans Underwriting, as appropriate.
- Despatch Mortgage Offers and Solicitors Instructions, if applicable, following approval.
- Respond to customer, intermediary or Solicitor enquiries by telephone, email, or letter, as appropriate.
- Conduct checks of Certificates of Title to ensure compliance with all loan offer conditions prior to submission to the Assistant Manager, Loans Underwriting or Head of Loans Underwriting as appropriate, for approval.
- Arrange the preparation and timely despatch of loan proceeds in accordance with laid down procedures to facilitate loan completion.
- Conduct all related administrative tasks relating to the Loans Underwriting process as detailed within the policy and procedures manual
- Produce completion details relating to each case at completion for onward transmission to the Mortgage Accounts area.
- Approve Loan Offers presented by Mortgage Assessors within delegated authority limitations and submit recommendations for loan approval to authorised personnel with delegated powers beyond those applicable to the Assistant Manager, Loans Underwriting or the Head of Loans Underwriting, as appropriate.
- Authorise the release of funds presented by Completions Officer within delegated authority limitations.
- Review and recommend to the Manager or Co-Directors improvements to underwriting processes and procedures to improve efficiency and effectiveness without compromising control or prudential lending criteria.
- Undertake establishment, maintenance and documentation of the Departmental Procedure Manual and any other relevant manuals as required.
- Maintain business relationships with third parties as required.
- Attend Internal or External meetings as required.
- Undertake any other related tasks requested by the Head of Loans Underwriting or his/her Line Superiors.
- Respond to all incoming case related communications within agreed Service Level Agreements.
What are we looking for in our next Mortgage Underwriter ?
- Must have Manual Underwriting experience (Old school)
- Must have Buy to Let Mortgage Underwriting experience
- Must have good communication skills as will be calling brokers on the phone so need to be confident
Perks and Benefits:
- Competitive pension scheme
- Private medical insurance
- Professional study support
- Bonus scheme dependant on company and individual performance
- Parking
- Hybrid working after the first 6 weeks in the office
How to Apply:
If you are ready for your next step in your Underwriting career, please reach out to Hannah Vincent on .
Services advertised by Gold Group are those of an Agency and/or an Employment Business.
We will contact you within the next 14 days if you are selected for interview. For a copy of our privacy policy please visit our website.