Underwriter

Ultimate Banking Ltd; London; Hybrid; GBP 45,000; Full time

Job summary

A leading mortgage lender is seeking an experienced Underwriter to join their expanding team in London. This role involves manual underwriting and managing mortgage applications, particularly focusing on Equity Release mortgages. The company offers a hybrid working model, competitive salary, and attractive benefits including 30 days annual leave and growth shares.

Benefits

30 days annual leave

Health cash plan

Growth shares

Qualifications

• Strong background in manual mortgage underwriting.
• Experience with Equity Release mortgages is essential.

Responsibilities

• Review mortgage applications against the Lending Policy.
• Manage a portfolio of cases to completion.
• Work closely with Case Managers and Brokers.

Skills

Manual Underwriting

Equity Release Mortgages

Communication

Job description

Underwriter

London/Hybrid

Up to £45k

Are you an experience underwriter, seeking a new challenge where you can build and expand your skillset? Our client is a niche mortgage lender, with their ultimate goal is to become the main household name for later-life lending, offering a variety of products and a first-class customer experience.

They have a fantastic opportunity for an experienced, manual underwriter to join their expanding team; with a new product on the horizon, it’s an exciting time to join the business.

Along with manual underwriting skills, they do need an individual who has experience with Equity Release mortgages.

Duties of the Underwriter will include:

• Reviewing Mortgage applications against the Lending Policy to ensure robust underwriting decisions are made.
• Managing a portfolio of cases to completion. Each case to be Underwritten accurately by assessing loan documentation, including valuation reports and if required, Credit reports, and requesting additional information from brokers and customers where required, highlighting any concerns that you may have.
• Working closely with Case Managers to gather all information from third parties.
• Speak extensively to Brokers to allow cases to progress efficiently

The successful individual will have a strong background in manual, mortgage underwriting, specifically with Equity Release Mortgages.

Our client offers a hybrid approach to the working week, with 2 days based at their head office in London, and the remainder working remotely. Along with a competitive salary, they offer 30 days annual leave, health cash plan, growth shares and more!

If this sounds like your next challenge, please apply today!