Senior Manager, Secured Underwriting

Recruiter
Pertemps Managed Solutions
Location
Edinburgh
Salary
60000.0000
Posted
13 Apr 2017
Closes
13 May 2017
Contract Type
Permanent
Hours
Full Time
Hello, we're TSB, and we're different from other banks.

We don't do investment banking, overseas speculation or big corporate finance. We just serve individuals and local business customers – we call it 'local banking'.

The purpose of the role is to lead and manage one of two credit underwriting teams which support the development of TSB's secured mortgage business. Key to this will be the need to achieve an optimum risk / reward balance in lending decisions which at the same time deliver outcomes which meet customer needs.

The role relates to both standard and buy to let mortgages. Recent Regulation changes require commercial type underwriting for ‘landlord' BTL mortgages – the role requires this knowledge and capability as well as the ability to take decisions on large value mortgage applications.

Key accountabilities include:

Responsible for leading and managing an effective underwriting team.

To support the development of credit strategies / credit policies to ensure that acceptance rates are maximised in line with credit appetite whilst ensuring that impairments are controlled within budget.

To represent Underwriting as required across the wider TSB group.

To ensure that the underwriting team and individual colleagues comply with all necessary regulation and codes of conduct.

To maintain appropriate records and MI to facilitate the smooth running and necessary reporting obligations of the team.

To ensure that the team operates at all times in accordance with TSB's Treating Customers Fairly principles.

Development of strong working relationships with key business stakeholders.

To support the career aspirations of team members including effective training arrangements

To lead, motivate and develop team members.

The person we are looking for will also have the following skills and experience:

Strong underwriting and credit risk background including commercial lending experience

Able to demonstrate effective commercial judgement.

Strong communication skills with a clear ability to build team and stakeholder relationships

Able to use commercial and industry experience to build capability across the team.

Able to drive and deliver on innovative solutions which support and add value to the business

Have a good understanding of the credit risk lifecycle and in particular have an appreciation of the potential impact of an economic downturn on the bank's customer base.

Able to demonstrate strong leadership and organisational skills

Capable of representing Underwriting in meetings with senior / executive colleagues