Reporting to the Underwriting Team Leader the main purpose of the mortgage underwriter role will be to process new mortgage applications (Residential and Buy-To-Let)
ABOUT OUR CLIENT
Our client is a Glasgow-based Financial Services firm providing specialist lending across the UK. A dynamic organisation which can offer the right candidate an extraordinary career path within an environment of excellence and considerable potential.
THE SUCCESSFUL APPLICANT
- A minimum of 2 years mortgage underwriting experience is required (ideally Residential and Buy To Let)
- Understanding of the regulatory environment and in particular TCF
- Experience of dealing with brokers and third parties.
- Technology skills - including MS Excel and Word
- Excellent communication skills
- Attention to detail
- Ability to work under pressure and to strict deadlines
- Strong planning and problem solving skills
JOB DESCRIPTION
- Ensuring that all applications and/or associated documents received into the department are processed, accurately and in a timely manner meeting the department service levels.
- Assess the mortgage application and supporting documents in line with the company’s Lending Policy.
- Review information provided by the Credit Reference Agencies and other support partners including anti-fraud agencies, ensuring a full understanding of the applicant’s credit/risk profile.
- Review and approve the applicants overall affordability results.
- Instruct property valuers to undertake property valuation. Once received, review valuation and assess the key variables including comparables provided.
- The preparation of mortgage offers is a key function and underwriters will have an understanding of the legal implications of any mortgage conditions applied to the offer.
- Underwriters will have a full knowledge of the Mortgage Application System and utilise the system to ensure all mortgage applications are processed in line with the company’s service standards.
- Underwriters will liaise directly with intermediaries on the application ensuring information requested is received as well as providing an excellent level of service to the intermediary.
- Recommends loans to the Underwriting Manager where they fall outside of the lending mandate held. Providing an appropriate rationale
- Consider and apply the principle of Treating Customer Fairly (TCF) during the application process.
REMUNERATION PACKAGE ON OFFER
Competitive Salary & excellent benefits.