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
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A minimum of 2 years underwriting experience within the secured lending or residential or commercial mortgage market
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Understanding of the regulatory environment and in particular TCF
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Experience of dealing with brokers and third parties.
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Technology skills - including MS Excel and Word
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Excellent communication skills
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Attention to detail
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Ability to work under pressure and to strict deadlines
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Strong planning and problem solving skills
JOB DESCRIPTION
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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.
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Assess the mortgage application and supporting documents in line with the company’s Lending Policy.
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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.
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Review and approve the applicants overall affordability results.
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Instruct property valuers to undertake property valuation. Once received, review valuation and assess the key variables including comparables provided.
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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.
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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.
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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.
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Recommends loans to the Underwriting Manager where they fall outside of the lending mandate held. Providing an appropriate rationale
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Consider and apply the principle of Treating Customer Fairly (TCF) during the application process.
REMUNERATION PACKAGE ON OFFER
Competitive Salary & excellent benefits.