Mortgage Underwriting Expert

3 weeks ago


Fleet, Hampshire, United Kingdom Stellar Select Limited Full time
Job Description: Credit Underwriter

We are seeking a highly skilled Credit Underwriter to join our team. As a Credit Underwriter, you will be responsible for analyzing credit applications, identifying potential risks, and recommending policy changes to ensure compliance with regulatory requirements.

About the Role

The successful candidate will have a strong background in mortgage underwriting, preferably with at least 5 years of experience. You will be required to work closely with internal stakeholders, including Underwriting and Sales teams, to ensure seamless decision-making.

Key Responsibilities
  • Analyze credit applications and identify potential risks.
  • Recommend policy changes to ensure compliance with regulatory requirements.
  • Develop and maintain cooperative relationships between internal stakeholders.
  • Investigate suspicious alerts identified by fraud prevention systems.
  • Carry out Broker reviews, liaising with sales before removal of a Broker.
  • Prepare Management Reports, ensuring they are prepared in time for Exco or Credit Committee meetings.
Requirements
  • Minimum 5 years' experience working within the mortgage industry with a strong mortgage underwriting background.
  • Proven ability to exercise good commercial and professional judgment.
  • Effective communication skills both written and verbal.
  • Good attention to detail.
  • Adaptive to ongoing change.
  • PC literate with a knowledge of Microsoft Office products.
  • Enthusiastic, flexible, and keen to learn and develop a career.
  • Knowledge of CIFAS & SIRA systems would be beneficial but not essential.
What We Offer

The estimated salary for this role is £45,000 - £55,000 per annum, depending on experience. Our client offers a range of benefits, including 25 days annual leave plus bank holidays, holiday purchase scheme, extra day off on your birthday, private medical insurance through AXA Health, 11% non-contributory pension scheme with the option to salary sacrifice, enhanced maternity, paternity, and adoption pay, life assurance, income protection, employee assistant programme, extensive learning and development opportunities, and 2 days paid volunteering each year.

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