BTL Underwriter

JR United Kingdom; London; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading company in the financial services sector is seeking a BTL Underwriter to assess mortgage applications and ensure compliance with regulatory requirements. The role involves risk assessment, collaboration with brokers, and maintaining accurate records. Join a supportive environment that values your expertise and offers professional growth opportunities.

Qualifications

• Minimum 3 years experience in BTL underwriting or similar.
• Proven ability to assess risks and work independently.
• Strong written and verbal communication skills.

Responsibilities

• Review and analyze documents for BTL mortgage applications.
• Assess risks and collaborate with brokers and valuers.
• Maintain records compliant with regulatory standards.
• Ensure timely and accurate underwriting decisions.

Skills

Initiative

Communication Skills

Relationship Management

Understanding of BTL Mortgage Products

Attention to Detail

Job description

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Job Title: BTL Underwriter- Working for a Lender.

Location: London - Fully Office based (EC2A) London Central

Type: Full-Time

Salary: Competitive depending on Experience

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.