BTL Underwriter

Brooke Harrison Recruitment; Greater London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A recruitment agency in London is seeking a motivated BTL Underwriter to assess mortgage applications. The role involves risk assessment, compliance management, and collaboration with brokers. Candidates should have a minimum of 3 years experience in BTL mortgage underwriting and excellent communication skills. Competitive salary starting from £45k, fully office based environment.

Qualifications

• Minimum 3 years experience in BTL mortgage underwriting.
• Ability to work independently and as part of a team.
• Strong attention to detail for accurate record-keeping.

Responsibilities

• Review and analyze documents to assess applicant eligibility for BTL products.
• Assess risks associated with BTL applications liaising with brokers.
• Maintain accurate records and ensure compliance with regulations.
• Collaborate with stakeholders for risk assessments.
• Use initiative to determine wording of special conditions in offers.
• Adhere to internal procedures for underwriting decisions.
• Work as a team member to achieve departmental goals.
• Meet service level agreements for timely underwriting decisions.

Skills

Initiative

Excellent communication skills

Relationship management

Understanding of BTL mortgage products

Attention to detail

Job description

Location: London - Fully Office based (EC2A)
Type: Full-Time
Salary: Starting from £45k DOE

About the Role

We are seeking a highly motivated and detail-oriented BTL (Buy-to-Let) Underwriter to join our dynamic team. The successful candidate will play a crucial role in assessing BTL mortgage applications, ensuring that risks are accurately evaluated, and decisions are made in accordance with our company policies and regulatory requirements.

Key Responsibilities

• Application Analysis: Review and analyze various documents and data received from intermediaries to determine applicant eligibility for the BTL product.
• Risk Assessment: Accurately assess the risks associated with each BTL application, liaising with brokers and valuers to ensure a comprehensive understanding.
• Policy Management: Maintain detailed and accurate records of underwritten policies, ensuring all documentation is compliant with regulatory standards.
• Communication: Collaborate effectively with brokers, valuers, and other stakeholders to facilitate accurate risk assessments and maintain strong working relationships.
• Decision Making: Use your initiative to determine the wording of Special Conditions in offers and release the final Mortgage Offer to approved applicants.
• Compliance: Adhere strictly to compliance and internal procedures, ensuring all underwriting decisions align with company policies.
• Team Collaboration: Work independently when necessary but also contribute as a vital member of the team to achieve departmental goals.
• SLA Maintenance: Ensure all service level agreements (SLAs) are met, delivering timely and accurate underwriting decisions.

Key Skills and Experience

• Strong ability to use initiative, working independently and as part of a team.
• Excellent communication skills, both written and verbal.
• Proven experience in building and maintaining good working relationships with brokers and other parties.
• Solid understanding of BTL mortgage products, underwriting processes, and risk assessment. (min 3 years)
• Attention to detail and the ability to maintain accurate records and documentation.

Why Join Us?

We offer a collaborative and supportive work environment where your contributions are valued. We provide opportunities for professional growth and development, as well as competitive compensation and benefits.

Send CV now for immediate consideration.