Commercial Mortgage Underwriter
We have a great new Commercial Mortgage Underwriting role based in London offering up to £50,000 with a great benefits package. The underwriters are responsible for underwriting all the mortgages within Commercial mortgages operating within the boundaries set in the lending policy. The department is also responsible for the final checks and sign off to allow operations to fund loans. This is a risk based function, and operates as the gatekeeper for the quality of lending decisions in Commercial Mortgages.
Responsibilities for the role of Commercial Mortgage Underwriter
- Risk - Delivery of lending decisions based on an overall consideration of risks
- Lending Policy: Propose developments and enhancements to the lending policy to evolve the lending policy working closely with Risk
- Regulatory Governance - Compliance with the lending and credit policies applicable to the business line including management of large exposures and concentration risk.
- Procedures: Ensuring comprehensive up to date procedures/manuals are developed, evolved, documented
- Compliance: Ensuring policies, limits, regulations and laws are followed within their team, or elsewhere in the Bank
- Conduct and behaviour of all staff - Continually appraising their training and development needs to ensure they are capable and equipped to fulfil their roles.
- Collaboration: Working effectively individually and as a team with the various functions of the division to enable them to carry out their duties and operations. Managing the relationship with our lawyers acting on our mortgages.
Experience required for the role of Commercial Mortgage Underwriter
- Experienced underwriter within the commercial or buy to let underwriting sector is essential
Salary: Up to £48-50,000 25 days holiday, pension, bupa and much more
For more information regarding the role of Commercial Mortgage Underwriter please contact us
Stellar Select is acting as an employment agency and is a corporate member of the REC
Due to a high volume of applications, we will only contact you if your application has been successful. We aim to contact all successful contacts within two business days