Underwriting Specialist

2 months ago


Cheadle, Staffordshire, United Kingdom Together Full time
About the Role

We are seeking a highly skilled Underwriter to join our team at Together. As an Underwriter, you will play a critical role in ensuring the accuracy and integrity of our lending decisions.

Key Responsibilities
  • Assess and Evaluate Loan Applications: Carefully review and assess loan applications from direct customers and broker intermediaries to make informed underwriting decisions that align with our company's policies, procedures, and lending criteria.
  • Risk Assessment and Mitigation: Identify and assess potential risks associated with each loan application, providing a clear rationale for your decisions to ensure that the loan is affordable and sustainable for the borrower.
  • Offer and Close Loans: Provide mortgage offers in accordance with agreed service levels, ensuring timely and efficient completion of the loan process.
  • Fraud Detection and Prevention: Proactively identify cases of potential fraud at all stages of the application process, escalating and reporting any suspicious activity to minimize risk to the business and customer.
  • Broker and Third-Party Management: Manage the end-to-end pipeline of cases for both pre- and post-offer, using a proactive approach to manage brokers and third parties to ensure Service Level Agreements (SLAs) are met.
  • Communication and Collaboration: Liaise directly with acting solicitors to obtain required completion documentation, ensuring funds are drawn down in line with agreed completion dates.
  • Intermediary Support: Act as a point of contact for intermediaries, answering their general and case-specific queries in a timely and professional manner.
Requirements
  • Previous Underwriting Experience: A minimum of [X] years of experience in underwriting, with a proven track record of making informed lending decisions.
  • Strong Analytical and Problem-Solving Skills: The ability to analyze complex data and make sound judgments, with excellent problem-solving skills to navigate challenging situations.
  • Excellent Communication and Interpersonal Skills: Strong communication and interpersonal skills, with the ability to build effective relationships with stakeholders, including brokers, solicitors, and customers.
  • Attention to Detail: A high level of attention to detail, with the ability to maintain accurate records and ensure compliance with regulatory requirements.
What We Offer
  • Competitive Salary and Benefits Package: A competitive salary and benefits package, including [list benefits, e.g., 26 days holiday, buy and sell holidays, discretionary annual bonus, etc.].
  • Opportunities for Career Development: Opportunities for career development and growth, with a focus on supporting our employees in achieving their career goals.
  • Diverse and Inclusive Work Environment: A diverse and inclusive work environment, with a commitment to embracing difference and promoting equality and inclusion.


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