Buy-To-Let Mortgage Underwriter

1 month ago


London, Greater London, United Kingdom Stellar Select Limited Full time
About the Role

We are seeking a highly skilled Buy-To-Let Underwriter to join our team at Stellar Select Limited. As a key member of our Credit Operations department, you will be responsible for underwriting and approving new BTL lending proposals in line with our Company Lending Policy.

Key Responsibilities
  • Underwrite new lending proposals in accordance with our Lending Policy, ensuring that all exceptions are documented and approved by senior signatories.
  • Present clear and concise lending recommendations to senior signatories for proposals that require exceptions or fall outside the parameters of the mandate.
  • Present Credit Papers to the Credit Committee for high-value transactions.
  • Participate in daily deal committees to ensure timely and effective decision-making.
  • Assess and appraise valuation reports to ensure accurate risk assessment.
  • Liaise with intermediaries to ensure underwriting requirements and reasons for decline are communicated clearly and effectively.
Requirements
  • Previous BTL underwriting experience, with a strong understanding of our Lending Policy.
  • Ability to articulate clear lending rationales and recommendations, with a pragmatic approach to lending.
  • Strong analytical skills, with the ability to work in a fast-paced environment and prioritize workloads effectively.
  • Highly numerate, with a strong understanding of financial concepts and risk assessment.
  • Experience of underwriting business received from brokers, with a strong understanding of the BTL market.


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