Current jobs related to Mortgage Underwriter - Stafford ST JH - 6717b2b0-bcce-4948-a395-cd9730de6255

  • Mortgage Underwriter

    4 days ago

    Stafford, United Kingdom The Stafford Building Society Full time

    At The Stafford Building Society, we manually underwrite all our mortgage business. As a mandated underwriter, you will use your experience, knowledge, and judgement in assessing and underwriting mortgage applications. Overview: The Society is a specialist mortgage lender which primarily deals with applicants with complex income and property needs....

  • Hybrid Mortgage Underwriter

    4 days ago

    Stafford, United Kingdom The Stafford Building Society Full time

    A regional mortgage lender in Stafford is seeking a Mandated Underwriter to evaluate and underwrite mortgage applications. The successful candidate will have at least 3 years of experience in mortgage underwriting and will be responsible for assessing creditworthiness and risk while ensuring compliance with policies. This full-time role offers a salary...

  • Mortgage Administrator

    1 week ago

    Chalfont St. Giles, United Kingdom Ultimate Banking Ltd Full time

    Our client would like this role holder to be predominately office based initially, however there is flexibility for a hybrid approach to the working week once established in the role. Key duties of the Mortgage Administrator will be: - To ensure that all Mortgage department administration is carried out efficiently and accurately and in compliance with the...

  • Underwriter

    2 weeks ago

    Cheddleton ST DL, United Kingdom Leek Building Society Full time £28,663 - £32,102 per year

    Location: Hybrid working with 5 days per fortnight in our Head Office (Leek, Staffordshire) and the remaining time remotely.Employment type: Full-time, permanent position.Salary: £28,663 to £32,102 depending on experience.Working hours: 35 hours per week, worked flexibly.Reports to: Chief UnderwriterDirect Reports: None​The OrganisationAt Leek Building...

  • Administrator

    4 days ago

    Stafford, United Kingdom Dunham McCarthy Ltd Full time

    **Main duties will be **_(full training provided where necessary)_**:_ - Researching information from various sources, including providers of financial products - Drafting advice reports - Contacting clients and setting up meetings, either within an office environment, virtually via Teams/Zoom or in the business premises - Keeping up to date with financial...

  • Credit Solutions Advisor

    6 days ago

    Stafford, Staffordshire, United Kingdom Bank of America Full time £30,000 - £60,000 per year

    Job Description:At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.Being a Great Place to Work is core to how we drive Responsible Growth. This includes our...

Mortgage Underwriter

2 weeks ago

Stafford ST JH, United Kingdom 6717b2b0-bcce-4948-a395-cd9730de6255 Full time £36,000 - £40,000 per year

At The Stafford Building Society, we manually underwrite all our mortgage business.

As a mandated underwriter, you will use your experience, knowledge, and judgement in assessing and underwriting mortgage applications.

Overview:

The Society is a specialist mortgage lender which primarily deals with applicants with complex income and property needs.

Underwriters play a critical role within our Mortgage Underwriting Team applying their knowledge and judgement to individual cases whilst ensuring that mortgage applications are underwritten in accordance with the Society's risk appetite and Lending Policy and Criteria

You will deliver sound customer outcomes with a documented rationale.

Key Responsibilities

Underwriting and Decision-Making

· Responsible for the review and ongoing ownership of mortgage applications, through to execution of mandate at formal offer stage.

· Evaluate all mortgage applications for creditworthiness, repayment ability, and risk.

· Analyse and verify applicant documentation to support the underwriting of each case, including income, credit reports, tax returns, and valuation reports.

· Ensure loans meet with our current Lending Policy and Criteria, as well as meeting regulatory requirements.

· Use skill set and knowledge to explore feasible options within lending policy appetite to facilitate a manual approach to Underwriting.

· Present cases to the Society's Credit Committee for consideration

Risk Management

· Approve, decline, or conditionally approve loans based on a manual review of the case and thorough risk analysis.

· Demonstrate strong analytical skills which supports sound decision making to provide good member outcomes.

· Identify and mitigate potential risks while balancing the Society's lending objectives.

· Maintain Financial Crime awareness alongside the requirement to report suspicious activity or mortgage fraud to the MLRO.

· Work within the Society's Risk Management Framework, including all relevant policies, and exercise key controls to minimise risks.

Process Improvement

· Identify inefficiencies in underwriting processes and suggest improvements.

· Stay updated on industry trends, and best practices to enhance productivity and decision-making.

· Contribute and support the ongoing development of Society procedures and processes;

· Contribute and support the ongoing development of lending policy and criteria.

Stakeholder Management

· Effectively build positive relationships with internal stakeholders, solicitors, valuers and other third parties

· Embracing the Society's values and promoting them effectively alongside the society brand.

To be successful in the role, you must be able to demonstrate:

  • Experience of working with various income streams, e.g. employed and self-employed
  • A minimum of 3 years experience of current mortgage underwriting with a mandated authority

Desirable skills & experience:

  • Experience of self-build lending
  • Understanding of accounts
  • Understanding of property characteristics and legal matters

Please note that this role is hybrid, with Stafford-based office working required c2-3 days each week.

Job Types: Full-time, Permanent

Pay: £36,000.00-£40,000.00 per year

Benefits:

  • Casual dress
  • Company events
  • Company pension
  • Enhanced maternity leave
  • Enhanced paternity leave
  • Free flu jabs
  • Health & wellbeing programme
  • Life insurance
  • Paid volunteer time
  • Private dental insurance
  • Private medical insurance
  • Sick pay
  • Work from home

Experience:

  • Underwriting: 3 years (required)

Licence/Certification:

  • CeMap (required)

Work Location: Hybrid remote in Stafford ST16 2JH