Underwriter - 1st Charge Mortgages

Enra Specialist Finance; Watford; On-site; GBP 30,000 - 45,000; Full time

Job summary

A leading finance company is seeking an Underwriter for its 1st Charge Mortgages team. This role involves managing mortgage applications, adhering to underwriting guidelines, and fostering relationships with brokers and solicitors. Ideal candidates will possess strong communication skills, attention to detail, and relevant experience in underwriting, contributing to the growth of the business.

Qualifications

• Good communication skills and ability to work as part of a team.
• Pass internal competency tests post induction.
• Experience in underwriting 1st and/or 2nd charge mortgage applications.

Responsibilities

• Manage mortgage applications from inception to completion.
• Ensure loans meet underwriting guidelines and company policy.
• Provide updates to brokers and maintain good relationships.

Skills

Communication

Teamwork

Attention to detail

Education

CeMAP (desirable)

Understanding of FCA regulation

Job description

West One is looking for an Underwriter to join our 1st Charge Mortgages team. The primary responsibility of the role is to take ownership of allocated cases from inception through to completion.

Key Accountabilities

• Enter and update borrower data on Fusion lending platform.
  
• Ensure all aspects of the loans are recorded accurately on Fusion and meet underwriting guidelines.
  
• Carry out an assessment of the mortgage application to ensure all aspects of our underwriting criteria are met.
  
• Provide concise and accurate updates to brokers.
  
• Proactively chase brokers for outstanding requirements.
  
• Ensure all underwriting is in line with Company policy and within regulation.
  
• Ensure that all cases are Underwritten within the Groups Risk appetite.
  
• Build good relationships with 3rd party suppliers including brokers and solicitors to assist in the smooth flow of business.
  
• Maintaining a pipeline of cases, overseeing cases from inception through to completion.
  
• Maintain broker relationships that are integral to the growth for WOSL.
• All work is to be carried out in accordance with Enra Specialist Finance policies and procedures.

Skills & Competencies

• Good written and verbal communication skills.
• Ability to work as part of a team.
  
• Pass internal competency tests post induction.
  
• High attention to detail.

Knowledge & Qualifications

• CeMAP (desirable, not essential).
• An understanding of FCA regulation.
  
• Experienced in Underwriting 1st and/or 2nd Charge mortgage applications.

Personal Attributes

• Robust and comfortable working to deadline and under pressure.
• Flexible.
  
• Articulate.
  
• Well organised.