Senior Mortgage Underwriter: Specialist Lending & Risk

The Nottingham; Nottingham; Hybrid; GBP 38,000 - 55,000; Full time

Benefits offered by this job

Discretionary bonus

Medicash healthcare

29 days annual leave + bank holidays

Volunteer days (2 paid days/year)

Job summary

The Nottingham Building Society is seeking a Specialist Mortgage Underwriter to assess complex residential lending cases from a hybrid head office in Nottingham. You will apply expert underwriting judgment, manage diverse income scenarios, and ensure decisions align with regulatory requirements and risk appetite.

Ideal candidates bring extensive experience in mortgage underwriting, strong communication skills, and the ability to coach colleagues while contributing to continuous process

Qualifications

• Extensive mortgage underwriting experience with strong expertise in credit risk, affordability assessment and responsible lending.
• In-depth knowledge of complex and specialist residential lending, including non-standard income, adverse credit and higher-risk cases.
• Strong understanding of regulatory requirements, including MCOB, Consumer Duty, AML, Financial Crime and Data Protection.
• Proven ability to assess complex customer circumstances and make clear, balanced and well-reasoned lending decisions.
• Confidence managing policy exceptions, multiple risk factors and complex stakeholder discussions.
• Excellent communication, influencing and relationship management skills, with the ability to coach and support colleagues.

Responsibilities

• Assess and approve residential mortgage and further advance applications within delegated authority.
• Manage complex and specialist cases, including self-employed applicants, adverse credit, multiple income streams, non-standard properties and Extraordinary Borrower (EOB) scenarios.
• Review affordability, creditworthiness, property security and customer circumstances to make informed lending decisions.
• Refer cases outside mandate or risk appetite appropriately.
• Deliver fair, consistent and risk-based lending decisions aligned to policy and risk appetite.

Skills

Mortgage underwriting

Credit risk

Affordability assessment

Regulatory knowledge

Decision making

Stakeholder management

Tools

Open Banking

Automated decisioning

Technology-enabled underwriting

Job description

The Nottingham Building Society is seeking a Specialist Mortgage Underwriter to assess complex residential lending cases from a hybrid head office in Nottingham. You will apply expert underwriting judgment, manage diverse income scenarios, and ensure decisions align with regulatory requirements and risk appetite.

Ideal candidates bring extensive experience in mortgage underwriting, strong communication skills, and the ability to coach colleagues while contributing to continuous process