Buy to Let Underwriter - Bespoke

Enra Specialist Finance; Watford; On-site; GBP 35,000 - 55,000; Full time

Job summary

West One Loans is seeking an underwriter with Buy to Let expertise to assess mortgage applications and determine lending solutions while maintaining strict risk controls.

You will enter borrower data, ensure documentation aligns with policy, and provide timely updates to brokers. The role emphasizes AML/KYC processes and compliance with FCA regulations.

Qualifications

• Experience underwriting mortgage applications in the BTL market.
• Understanding of FCA regulations and AML/KYC requirements.
• CeMAP certification is desirable but not essential.

Responsibilities

• Enter and update borrower data on Fusion lending platform.
• Ensure loans are recorded accurately and meet underwriting guidelines.
• Assess mortgage applications to ensure underwriting criteria are met.
• Provide concise updates to brokers and chase for outstanding requirements.
• Prepare Credit Papers for Credit Committee review.

Skills

Attention to detail

Team collaboration

Written and verbal communication

Education

CeMAP (desirable)

FCA regulation knowledge

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.

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
• and a host of additional benefits