Underwriter

6 months ago


London, United Kingdom Hampshire Trust Bank Full time

Hampshire Trust Bank is a specialist bank, staffed by experts focused on helping UK businesses realise their ambitions. Our dedicated Asset Finance, Development Finance, Wholesale Finance and Specialist Mortgages divisions ensure that businesses receive the outstanding service, lasting relationships, integrity and expertise they need to prosper.

We also provide savings accounts to individuals and businesses and since we lend only to businesses, our savers can be sure their money will be used to boost the British economy.

The bank is authorised by the Prudential Regulation Authority and regulated by the Prudential Regulation Authority and the Financial Conduct Authority.

**Our Values and Behaviour**

All members of the HTB team are expected to demonstrate values and behaviour that underpin everything that we believe in

**Customers matter**
- We listen to our customers
- We value customer relationships over transactions
- We strive to deliver what customers want, when they want it, how they want it
- We prioritise customer outcomes over corporate expediency

**We deliver**
- We approach everything we do with discipline and set high standards
- We do more with less and embrace change
- We are fanatical about financial rigour and risk discipline
- We execute consistently with speed and accuracy
- We constantly strive to improve

**Integrity without compromise**
- We always aim to do the right thing - we don’t duck hard choices
- When we make a mistake we own up and fix it
- We are open and honest in all our communication
- We treat innovation and fresh thinking as an opportunity not a threat

**People Power**
- We are a meritocracy
- We empower people and make them accountable
- We encourage our people to learn and grow
- We challenge each other honestly & constructively
- We work as a team
- We know diversity makes us stronger
- We celebrate success

**Position**:
The Specialist Mortgages department undertakes unregulated lending in the following asset classes: Buy-to-let including HMO’s and short term lets, Semi Commercial, and Short Term Loans. The primary purpose of this role is to be an underwriter within Specialist Mortgages. As part of the underwriting team, the role holder will have responsibility for underwriting mortgages across all of the asset classes within Specialist Mortgages, operating within the boundaries set by lending policy.

This is a risk based function and operates as the gatekeeper for the quality of lending decisions in Specialist Mortgages. The Underwriter should be a commercial minded risk advocate able to balance risk and reward without putting the bank at risk through poor lending decisions.

**Requirements**:

- Experienced underwriter in the residential buy to let, commercial/semi-commercial and short term lending sectors
- Competencies/soft skills
- Risk awareness with balanced judgement
- Delivery of excellence in customer service, customer centric approach
- Flexible approach to ensure delivery
- Relationship management
- Collaboration

**Other information**:

- To understand and analyse key items such as credit searches, property portfolio, bank statements, financial accounts and security valuations in order to make informed lending decisions
- Ensure low levels of arrears and losses whilst balancing the requirement to be a flexible and balanced lender in the specialist sector
- To form a rationale to lend when outside of own individual mandate and ability to discuss with key stakeholders in group risk function
- To ensure during the underwriting process the appropriate customer due diligence is completed or requested for satisfaction prior to completion, and AML risks are appropriately mitigated
- To deliver high levels of accuracy and attention to detail in data and documentation you are responsible for



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