Head of Underwriting

Ultimate Banking; High Wycombe; Hybrid; GBP 50,000 - 90,000; Full time

Benefits offered by this job

Generous bonus

Pension up to 10%

Onsite parking

Job summary

An established industry player is looking for a Head of Underwriting to lead their Mortgage Underwriting Team. This pivotal role involves managing complex mortgage applications, ensuring compliance with lending policies, and delivering exceptional customer service. You will be responsible for mentoring a dedicated team while maintaining high standards in a regulated environment. With a competitive salary and strong benefits, including a generous bonus and pension plan, this is an exciting opportunity for a seasoned underwriting professional eager to make a significant impact. Embrace the challenge and join a forward-thinking organization that values excellence in service.

Qualifications

• Wealth of experience in manual mortgage underwriting required.
• Experience in leading a team of underwriters is essential.

Responsibilities

• Manage the Mortgage book and ensure compliance with lending policies.
• Lead and mentor the Underwriting team while ensuring high customer care.

Skills

Manual Mortgage Underwriting

Team Leadership

Broker Communication

Risk Mitigation

Job description

2 days ago Be among the first 25 applicants

Base pay range

This range is provided by Ultimate Banking. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Head of Underwriting

North Home Counties

£dependent on experience

Are you seeking your next challenge within Mortgage Underwriting, working with an organisation that prides themselves on excellent customer service?

We’re pleased to be working with our specialist mortgage lender client, as they seek a Head of Underwriting to join the organisation owing to retirement. Reporting into the Head of Operations, this role holder will have responsibility for the Mortgage Underwriting Team, ensuring high customer care standards, mitigating risk, whilst operating in a highly regulated environment. You will also hold a personal mandate. The underwriting team underwrites all lending cases manually, which includes complex cases.

Duties of the Head of Underwriting

• Manage and maintain the integrity of the Mortgage book by leading within mandates and the lending policy.
• Be the subject matter expert in specialist underwriting for niche products.
• Assess complex mortgage applications when out of line of the lending policy.
• Undertake control checks on the Underwriting team.
• Ensure timely lending decisions are made within the agreed SLA’s.
• Authorising lending cases within approved mandates.
• Delivering a first class personalised service that includes keeping the customers or intermediaries informed of any delays.
• Communicate with Brokers and intermediaries on declined cases and provide objective feedback as appropriate.
• Be responsible for new product criteria assessment.
• Lead, coach and mentor the Underwriting team.

Qualifications

The successful candidate will possess:

• A wealth of experience in manual, mortgage underwriting.
• Experience of leading a team of underwriters.
• Experience of dealing with brokers, intermediaries and packagers.

In return you can expect a highly competitive salary as well as strong benefits which include generous bonus, pension up to 10% and onsite parking. Regular office presence (office is just to the north west of London) is required but there is the opportunity to work on a hybrid basis.

Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Finance, General Business, and Management

Industries

Banking and Financial Services