Senior Underwriter (Buy-to-Let Finance)

Montpellier Resourcing; West End; On-site; GBP 70,000 - 100,000; Full time

Job summary

A specialist Property Lending company in London is seeking a Senior Underwriter with extensive experience in buy-to-let finance. This role includes managing complex loan applications, mentoring junior team members, and ensuring compliance with lending practices. Candidates must possess at least 3 years of experience in property finance and demonstrate strong analytical skills. The position requires full-time office attendance and offers a competitive salary of up to £100,000 plus bonuses.

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.
• In-depth understanding of mortgage lending principles and regulatory guidelines.

Responsibilities

• Oversee a personal portfolio of high-volume, complex loans for underwriting.
• Conduct in-depth analysis of loan applications.
• Make key lending decisions and approve large loan applications.
• Mentor junior team members.

Skills

Experience in underwriting

Risk assessment

Regulatory compliance

Analytical skills

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 of the Senior Underwriter (Buy-to-Let Finance) to include:

• 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 for the successful Senior Underwriter (Buy-to-Let Finance):

• 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.