Mortgage Underwriter

Recruiter
Ultimate Banking Ltd
Location
Bushey Heath
Posted
10 Jan 2018
Closes
11 Feb 2018
Sector
Accountancy
Contract Type
Permanent
Hours
Full Time

Our client is a fast growing specialist retail lending and savings group serving the UK and is authorised by the PRA and regulated by the FCA. They have built a strong reputation as a specialist lender offering a broad range of products to UK SME’s and consumers including Residential, Buy-To-Let/SME Mortgages and Personal Loans.

The core responsibility of the Underwriter role is the examination of all information necessary to complete a 1st & 2nd charge mortgage loans and the initiation of any contact that may be required of the client/broker/institution that may be necessary and the prevention of any potential fraud.

  • Building and maintaining relationships with brokers/intermediaries
  • Training brokers/intermediaries in systems, procedures and policies
  • Responding to incoming customer telephone calls, identifying and then meeting customer requirements whilst providing a polite, professional and accurate response
  • Promptly and accurately completing all related underwriting/administration activities
  • The receipt and request of any outstanding documentation required to complete customer applications
  • Updating brokers where required as to any action taken with customer applications
  • Ensuring the successful and accurate completion of a customer’s application
  • Carrying out Credit Reference checks when required on all applicants
  • Completing the underwriting checklist accurately and then obtaining a manager’s sign off
  • Ensuring the diary is chased accurately and promptly on a daily basis
  • Ensuring compliance with the company’s book of instructions, standards and regulations
  • Complying with Money Laundering/Fraud Prevention/Data Protection/FSA/CCA regulations
  • Ensuring your own individual compliance with the company’s TCF policy
  • Maintain the company’s compliance standards and own compliance training

The successful candidate will have:

  • 1yrs+ previous experience of working closely with brokers/intermediaries is desirable
  • 1yrs+ previous experience in a role manually underwriting loans is essential
  • Good understanding of credit reporting systems (with an ability to read, interpret and apply information obtained) is essential
  • Good working knowledge of Microsoft applications (in particular Word and Excel) is essential