Underwriter

Summary

Join Real Life Lending as a Mortgage Underwriter to process and case manage new mortgage applications from selected intermediaries. You will ensure applications are processed accurately and timely, assess applications and supporting documents, review credit reports, and approve affordability. You will instruct property valuations, prepare mortgage offers, and liaise with intermediaries. Reporting to the Underwriting Team Leader, you will recommend loans outside lending mandates and apply Consumer Duty principles. This role requires proven underwriting experience, regulatory understanding, and strong communication and problem-solving skills.

Requirements

• Proven underwriting experience within the secured lending or residential or commercial mortgage market
• Understanding of the regulatory environment and in particular focussed on Customer Outcomes
• 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

Responsibilities

• Ensure 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
• Prepare mortgage offers; understanding the legal implications of any mortgage conditions applied to the offer
• Utilize the Mortgage Application System to ensure all mortgage applications are processed in line with the company’s service standards
• Liaise directly with intermediaries on the application ensuring information requested is received as well as providing an excellent level of service to the intermediary
• Recommend loans to the Underwriting Manager where they fall outside of the lending mandate held. Providing an appropriate rationale
• Consider and apply the principles of Consumer Duty throughout the application process

Benefits

• Market leading family friendly policies such as access to our Maternity, Adoption and Paternity policies from Day 1 of your employment
• Free access to Headspace, a mindfulness & meditation digital health app
• Free access to Peppy digital health app that offers personalised support through fertility treatment becoming a parent or menopause
• EAP (Employee Assistance Programme) - Offering you support on a wide range of subjects including financial concerns, mental wellbeing and more general queries around family, work, housing, and health
• Cycle to work scheme
• Discounts on gym membership
• Contributory pension scheme & death in service
• Competitive Salary
• 25 day’s annual leave
• Pension and healthcare
• Flexible working hours
• Positive and supportive environment
• Participation in our annual discretionary bonus scheme designed to reward your contribution to our success
• Proudly Shawbrook recognition scheme focused on recognising our role models and thanking our colleagues for a job well done