Buy to Let Underwriter

West One Loans; Watford; On-site; GBP 35,000 - 50,000; Full time

Benefits offered by this job

Private medical healthcare

25 days annual leave

Paid volunteering days

Additional benefits

Job summary

West One Loans is seeking an experienced Buy to Let underwriter to assess loan documentation, valuations and applicant suitability. You will manage a pipeline, chase information, and present cases to Credit Committee.

You will conduct AML/KYC checks and ensure regulatory compliance while maintaining service standards. Ideal candidates have FCA knowledge and BTL underwriting experience, with strong attention to detail and ability to work under pressure in a fast-growing specialist lender

Qualifications

• A strong understanding of FCA regulation.
• Experience underwriting mortgage applications, specifically within the BTL market.
• CeMAP (desirable, not essential).

Responsibilities

• 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 including chasing outstanding information from third parties and providing timely updates to introducers to ensure service excellence.
• 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 AML and KYC checks in line with regulatory requirements and internal policies.

Skills

Attention to detail

Teamwork

Communication skills

FCA regulation knowledge

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.

If you know Buy to Let inside out and want the autonomy to make decisions that matter, this could be your next move. let's grow together at West One Loans.

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
• a host of additional benefits

If you're ready to build your career with a Specialist Lender and make an impact

At Enra we believe that working together collaboratively is the best way to serve our customers and develop our colleagues.

We are very focused on developing and maintaining our culture and remaining dedicated to the CREDIT values on which Enra was built: Customers, Results, Energy, Development, Invention and Teamwork.

We live and breathe these values every day and want to ensure they underpin our future success. So, if you want to build a career in specialist finance, with an employer focused on providing brilliant customer service, lending responsibly, and creating a great office environment to develop its people, then look no further than Enra.