Buy to Let Underwriter

Enra Specialist Finance; Watford; On-site; GBP 35,000 - 52,000; Full time

Benefits offered by this job

Private medical healthcare

25 days annual leave

Volunteer days and benefits package

Job summary

West One Loans is seeking a focused mortgage underwriter to assess loan documentation, valuations and applicant suitability for buy-to-let cases. The role involves managing a pipeline, liaising with introducers, valuers and solicitors, and escalating cases to the Credit Committee when needed.

The successful candidate will perform AML/KYC checks, ensure regulatory compliance, and support robust underwriting decisions in a fast-paced environment.

Qualifications

• Experience underwriting mortgage applications, specifically within the BTL market.
• Strong understanding of FCA regulation.
• CeMAP is desirable.

Responsibilities

• Underwrite and assess loan documentation, including valuation reports and information from brokers.
• Check applicants and properties for suitability for the loan.
• Manage a pipeline of mortgage applications and provide updates to introducers.
• Refer cases to Credit Committee where required.

Skills

Attention to detail

Team player

Written communication

Verbal communication

Organisational skills

Ability to work under pressure

Education

CeMAP (desirable)

Job description

Good Buy to Let underwriting is about more than numbers. It’s about understanding the deal, the property, the borrower and the opportunity.

At West One Loans, we’re looking for someone who enjoys getting into the detail, using their judgement and finding the right lending solution while keeping risk firmly in focus.

Key Accountabilities

• Underwriting and assessing loan documentation, including valuation reports and requesting additional information from brokers where required, highlighting any concerns.

• Carrying out checks on the applicants and properties and assessing their suitability for the loan applied for.

• Proactively manage a pipeline of mortgage applications which will include chasing outstanding information from third parties and providing timely updates to introducers which will help ensure service excellence is maintained.

• Recommending and referring cases to Credit Committee where credit committee approval required.

• Liaising with introducers, valuers and solicitors.

• Overseeing cases from inception through to completion.

• Conduct Anti-Money Laundering (AML) and Know Your Customer (KYC) checks in line with regulatory requirements and internal policies & procedures.

• Ensure compliance where applicable with AML, counter terrorist financing Proliferation financing, tax evasion, fraud, anti-bribery and corruption, sanctions, and financial crime policies & procedures.

• Perform Customer Due Diligence (CDD) and supported Enhanced Due Diligence (EDD) for higher-risk cases including the identification and verification of beneficial owners (BOs), ultimate beneficial owners (UBOs) other relevant parties and corporate ownership structures and assess customer applications for potential money laundering. sanctions, bribery, fraud and other financial crime risks.

Skills & Competencies

• Pass internal competency tests post induction.

• Attention to detail.

• Ability to work as part of a team.

• Good written and verbal communication skills.

Knowledge & Qualifications

• A strong understanding of FCA regulation.

• Experience underwriting mortgage applications, specifically within the BTL market.

• CeMAP (desirable, not essential).

Personal Attributes

• Flexible.

• Articulate.

• Well organised.

• Robust and comfortable working to deadline and under pressure.

Why Join Us?

At West One Loans, we’re growing fast and looking for ambitious people who want to be part of our exciting journey. We’ll give you the tools, training, and support you need to succeed, while offering clear opportunities to progress your career.

Alongside this, we offer a strong benefits package, including private medical healthcare, 25 days’ annual leave, paid volunteering days, and a host of additional benefits.