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Mortgage Underwriter Specialist

2 months ago


Maidenhead, Windsor and Maidenhead, United Kingdom Kensington Mortgage Company Full time
About the Role

We are seeking an experienced Mortgage Underwriter to join our team at Kensington Mortgage Company. As a key member of our underwriting team, you will be responsible for manually underwriting and approving residential and buy-to-let mortgage applications in accordance with our lending policy, TCF principles, and FCA responsible lending best practice.

Key Responsibilities
  • Manually underwrite and approve mortgage applications, ensuring all cases are thoroughly reviewed and documented.
  • Act as a subject matter expert, providing guidance and support to colleagues and stakeholders on underwriting matters.
  • Collaborate with other areas of the business to ensure seamless service delivery to clients and maintain high levels of proactive co-operation and approachability.
  • Ensure all correspondence, including references and valuations, is in line with lending policy and mortgage product requirements.
  • Act fairly and reasonably in dealings with intermediaries, solicitors, and valuers, adhering to TCF and responsible lending principles.
  • Build and maintain relationships with key stakeholders to enhance the underwriting process and improve quality and service measures.
  • Comply with the Code of Business Ethics and ensure responsibilities regarding the Prevention of Financial Crime are carried out effectively.
  • Stay up-to-date with human resource policy, external legislation, funding constraints, product criteria, and underwriting criteria changes to ensure prudent underwriting.
Requirements
  • Experience in prime and specialist lending as an underwriter, holding a mandate of £250k minimum for a minimum of 2 years.
  • Ability to demonstrate integrity, treat customers fairly, and maintain a high level of relevant industry knowledge.
  • Detailed understanding of the mortgage intermediary market and related FCA permissions.
  • Detailed understanding of organised fraud and measures/systems in place to avoid it.
  • Proactive, hardworking, flexible, and able to work under own initiative but also a team player.
  • Demonstrate a full understanding of TCF, responsible lending, and regulatory knowledge applicable to the role.