Senior Mortgage Underwriter

Ultimate Banking Ltd; Edinburgh Gate; Hybrid; GBP 38,000 - 45,000; Full time

Job summary

A customer-focused lender in Central Belt, Scotland is seeking an experienced Senior Mortgage Underwriter. The role involves assessing complex mortgage applications and providing excellent customer service. Ideal candidates have at least 3 years of manual underwriting experience and a team-oriented attitude. The position offers flexibility and includes generous benefits.

Benefits

Bonus scheme

Generous pension scheme

BUPA health care

Qualifications

• At least 3 years’ previous manual mortgage underwriting experience in residential and/or B2L lending.
• Previously held a mandate.
• Ability to work within a small team and support more junior colleagues.

Responsibilities

• Assess mortgage applications in line with lending policy and regulatory standards.
• Perform detailed affordability assessments, including non-standard income and complex applicant profiles.
• Provide technical guidance to junior underwriters.

Skills

Manual mortgage underwriting experience

Customer-focused

Teamwork

Job description

Overview

Senior Mortgage Underwriter – Central Belt, Scotland

Salary: £dependent on experience, up to £45k. Our client is an established, customer-focused lender expanding its lending offerings. This is a new role in a close-knit team of 6, reporting to the Mortgage Underwriting Manager. The role involves assessing complex residential mortgage applications up to £1m and providing excellent customer service. You will be expected to be in the office in the Central Belt at least once a week (likely more during the initial period) with flexibility to work from home thereafter.

Responsibilities

• Assess mortgage applications in line with lending policy and regulatory standards (MCOB).
• Perform detailed affordability assessments, including non-standard income and complex applicant profiles.
• Apply manual underwriting judgement with freedom to apply common sense without the restrictions of rigid credit scoring.
• Provide technical guidance to junior underwriters and administrative assistants.
• Contribute towards underwriting policy reviews and process improvements.
• Liaise with intermediaries and internal stakeholders to progress applications efficiently.

Qualifications

• At least 3 years’ previous manual mortgage underwriting experience in residential and/or B2L lending.
• Previously held a mandate.
• Customer-focused with the ability to work within a small team and support more junior colleagues.

Benefits

Along with a competitive salary, additional benefits include: bonus scheme, very generous pension scheme and BUPA health care. If you are an experienced mortgage underwriter who can commute to the Central Belt area once a week and are looking to work in a customer-focused lender, please apply now.