Buy to Let Underwriter - Bespoke

Enra Group; Watford; Hybrid; GBP 32,000 - 60,000; Full time

Benefits offered by this job

Private medical healthcare

25 days’ annual leave

paid volunteering days

a host of additional benefits

Job summary

West One Loans is seeking a detail-oriented underwriter to assess and process mortgage applications, ensuring compliance and accurate record-keeping on the Fusion platform.

You will evaluate deals against underwriting criteria, communicate clearly with brokers, and maintain a robust pipeline while adhering to AML/KYC obligations and internal policies. A strong understanding of FCA rules and BTL mortgage experience are essential.

Qualifications

• Strong knowledge of FCA regulation.
• Experience underwriting mortgage applications in the BTL market.
• CeMAP qualification is desirable but not essential.

Responsibilities

• Enter and update borrower data on Fusion lending platform.
• Ensure all aspects of loans are recorded accurately and compliant with underwriting guidelines.
• Assess mortgage applications to ensure underwriting criteria are met.
• Provide concise updates to brokers.
• Chase brokers for outstanding documents.
• Ensure underwriting aligns with policy and regulation.
• Underwrite large/complex cases while managing pipeline.
• Prepare Credit Papers for Credit Committee.

Skills

Attention to detail

Teamwork

Communication skills

Judgement & problem solving

Education

FCA regulation knowledge

Mortgage underwriting (BTL) experience

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

• Enter and update borrower data on Fusion lending platform.


• Ensure all aspects of the loans are recorded accurately on Fusion and meet underwriting guidelines.


• Carry out an assessment of the mortgage application to ensure all aspects of our underwriting criteria are met.


• Provide concise and accurate updates to brokers.


• Proactively chase brokers for outstanding requirements.


• Ensure all underwriting is in line with Company policy and within regulation.


• Ensure that all cases are Underwritten within the Groups Risk appetite.


• Underwrite large loan applications and complex cases whilst maintaining a pipeline of cases.


• Preparing Credit Papers to be presented to Credit Committee


• Build good relationships with 3rd party suppliers including brokers and solicitors to assist in the smooth flow of business.


• Maintaining a pipeline of cases, overseeing cases from inception through to completion.


• Maintain broker relationships that are integral to the growth for WOSL.


• All work is to be carried out in accordance with Enra Specialist Finance policies and procedures.


• 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