Senior Underwriter (Buy-to-Let Finance)

Montpellier Resourcing; East Midlands; On-site; GBP 80,000 - 100,000; Full time

Job summary

A specialist Property Lending company in East Midlands is seeking a Senior Underwriter for buy to let finance. You will oversee the underwriting process, mentor a team, and manage complex loan applications. The role requires strong experience in buy to let finance, with excellent communication skills and a proven track record in managing high-volume loans. This position is office-based, five days a week, offering up to £100,000 plus excellent bonus and benefits.

Benefits

Excellent bonus

Comprehensive benefits

Qualifications

• At least 3 years of experience in property finance, specifically in underwriting or credit roles.
• Proven track record of managing high-volume, complex loans for underwriting.
• In-depth understanding of mortgage lending principles and regulations.

Responsibilities

• Oversee a personal portfolio of high-volume, complex loans for underwriting.
• Make key lending decisions and approve large or complex loan applications.
• Mentor junior team members to help achieve overall team objectives.

Skills

Strong experience in buy to let finance

Excellent communication skills

Ability to manage high-volume, complex loans

Risk assessment

Job description

Senior Underwriter (Buy-to-Let Finance)

Up to £100,000 plus excellent bonus and benefits

Please note this role is 5 days in the office.

Due to exciting growth, a unique opportunity has arisen for an experienced Senior Underwriter to join a specialist Property Lending company in London. Specializing in buy to let finance, the Senior Underwriter will be responsible for overseeing the underwriting process across the company, and managing high-level decisions. The role involves mentoring the underwriting team, and conducting full analyses of complex loan applications whilst ensuring compliant lending practices. Candidates must have strong experience working as an underwriter within buy to let finance and should demonstrate the ability to work in a fast-paced environment. You will also be responsible for managing the junior members of the team

Duties

• Oversee a personal portfolio of high-volume, complex loans for underwriting, ensuring adherence to SLAs.
• Make key lending decisions and approve large or complex loan applications.
• Conduct in-depth analysis of loan applications, reviewing financials, credit histories, property valuations, and other relevant data.
• Evaluate risks for each loan, considering factors like borrower credit, loan-to-value ratios, and property values.
• Make informed decisions to approve, deny, or conditionally approve loans based on set criteria.
• Ensure compliance with company policies, regulatory requirements, and industry standards during the underwriting process.
• Collaborate with brokers, borrowers, and stakeholders to gather information, clarify requirements, and provide process updates.
• Assist Underwriting Managers with the evaluation of complex loans.
• Present property loan cases to Underwriting Managers for funding decisions.
• Mentor junior team members to help achieve overall team objectives

Requirements

• At least 3 years of experience in property finance, specifically in underwriting or credit roles, with a focus on buy to let loans.
• Proven track record of managing high-volume, complex loans for underwriting.
• In-depth understanding of mortgage lending principles, risk assessment, loan products, market trends, and regulatory guidelines.
• Excellent communication skills for effectively interacting with brokers, borrowers, and stakeholders, clearly explaining underwriting decisions.

This vacancy is being advertised by Montpellier Resourcing Associates Limited. The services advertised by Montpellier Resourcing Associates Limited are those of an Employment Agency.