Mortgage Underwriter – Warrington

Stellar Select Limited; Warrington, Greater London; On-site; GBP 40,000 - 55,000; Full time

Benefits offered by this job

15% Contributory Pension (10% Employer

Private Health Insurance

Discretionary Bonus Scheme

Birthday day off

Annual salary reviews

Job summary

Stellar Select Limited is seeking an experienced Mortgage Underwriter in Warrington with hybrid working (2–3 days in the office). The role focuses on underwriting commercial and residential property loans, assessing risk, and preparing lending summaries within delegated authority.

You will support post‑sanction activities and ensure compliance with lending policies. The ideal candidate will have a lending mandate, a track record in property lending, and strong relationship and time‑management

Qualifications

• Experience with lending mandates/delegated authority.
• Underwriting commercial and residential property loans for SMEs.
• Knowledge of balance sheet lending and client evaluation.
• Ability to work under tight deadlines and manage stakeholder relations.

Responsibilities

• Assess lending applications for commercial and residential mortgages for professional landlords.
• Prepare lending summaries and recommendations within delegated authority.
• Support post-sanction administration and ensure MI requirements are met.
• Maintain data accuracy and contribute to governance and process improvements.
• Collaborate with the Business Development Team and ensure regulatory compliance.

Skills

Lending mandate

Underwriting property loans

Balance sheet lending

Relationship management

Time management

Job description

Job Title: Mortgage Underwriter

Location: Warrington - Hybrid. 2-3 days per week in the office. It is expected to be based in the office full time during the first 2 weeks.

Salary: On Application

Hours: Monday - Friday 9 am - 5 pm

Benefits:

• 15% Contributory Pension (10% Employer, 5% Employee)
• 26 days holiday plus bank holidays, and a day off for your birthday
• Discretionary Bonus Scheme & Annual salary reviews
• Paid sick leave & Digital GP 24/7
• Private Health Insurance, Critical Illness Insurance & Dental Cover
• Income Protection
• Enhanced maternity, paternity and shared parental leave
• Menopause support
• Paid Carers leaveCharity Day
• Employee Assistance Programme
• Cycle2work Scheme
• Benefits Hub; large selection of?employee discounts, rewards and?perks across?a number?brands,?restaurants, holidays and 'away'?days.??

About our client and the role of Mortgage Underwriter

Our client is a fast-growing financial services provider who put their colleagues and customers at the heart of everything they do. They are built on strong values with a collaborative culture, with a strong focus on inclusivity, integrity and innovation.

They have an exciting opportunity for an experienced Portfolio BTL and Commercial Underwriter to join their established underwriting team, in either Hertfordshire or Cheshire.

You will assess new lending applications for commercial and residential mortgages for professional landlords, to evaluate quality, credit risk, and compliance with the lending policies and risk appetite. You will prepare clear and concise lending summaries, approving applications within your delegated authority or making well-reasoned recommendations to the Head of Underwriting, Director of Credit & Underwriting, or the Credit Committee.

Responsibilities for the role Mortgage Underwriter

• Conduct thorough research, analysis, and assessment of individual lending applications, identifying key risks and making informed lending decisions or recommendations.
• Identify any exceptions to the Bank's lending policies or guidance, providing clear recommendations and appropriate remedial actions where required.
• Support post-sanction administration activities, ensuring all processes are completed accurately, promptly, and in accordance with the Bank's policies, procedures, and management information (MI) requirements.
• Maintain a high standard of accuracy and accountability for all data entered and records maintained.
• Contribute to strategic projects and continuous improvement initiatives designed to enhance the Bank's performance, governance, and control environment.
• Consistently demonstrate the Bank's values and behaviours, acting as a positive ambassador for the organisation.
• Build and maintain strong working relationships with colleagues across the Business Development Team, providing expert support and fostering effective collaboration.
• Support the day-to-day credit operations of the Bank, ensuring all activities are conducted in compliance with applicable legal and regulatory requirements.
• Contribute to the successful delivery of the annual lending objectives while maintaining strong credit quality and prudent risk management.
• Promote full compliance with Anti-Money Laundering, Treating Customers Fairly, and Customer Conduct and Outcomes standards, delivering an exceptional customer experience reflected in positive customer feedback.
• Champion the strategy, values, and culture of the company, embedding these principles in relationships with customers, suppliers, and stakeholders to support sustainable business growth and performance.

Experience and skills required for the role of Mortgage Underwriter

• Must have held a lending mandate/Delegated Authority sanctioning mandate
• Proven experience of underwriting commercial and residential property investment loans to small and medium sized businesses.
• Experience of underwriting commercial owner-occupier (and OpCo / PropCo) deals and a good understanding of balance sheet lending is preferable.
• Ability to work within tight time constraints.
• Ability to develop and manage relationships at key levels in the business.
• Good team working, organisational and administration skills.
• Driven and ambitious