Underwriter

9 hours ago


Wilmslow, United Kingdom Aldermore Bank PLC Full time

This role is based in Wimslow but we offer hybrid working so you can work a blend of home and office.

**What you will be doing**
- Detailed knowledge of Specialist buy-to-let lending in order to interpret and asses all key factors, demonstrating comprehension for the level of risk and supporting collateral.
- Ability to underwrite manually according to both residential and buy-to-let lending policies.
- Underwrite to external scheme rules or third party requirements, such as government schemes (HTB) or high LTV product policies.
- Interpretation of mortgage market and economic factors to ensure external risk factors are understood relative to each case underwritten
- Understanding securities and the legal process required to complete a mortgage transaction to ensure risk is moderated.
- Identification of potential external fraud, and scheme misuse to protect the bank against possible bad debts and ensure the customer is fully aware of their responsibilities under their mortgage T&Cs

**What we're looking for**
- Provide exceptional service to Aldermore customers and intermediaries.
- Utilise relevant cost ratios to analyse relevant financial information to substantiate lending submission
- Interpret regulatory rules to support risk controls (such as MCOB, PRA changes)
- Support the programme of development and change across business systems and processes.
- Maintain up to date knowledge of regulatory requirements.
- Support the development of business policies
- Continue to develop knowledge and experience to increase mandate authority level to ensure capability supports business requirements
- Support both internal and external audit requirements and site visits
- Work to drive balance and continued relationships with brokers, intermediaries and key panel partners


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