Underwriter, 2nd Charge Mortgages

Enra Specialist Finance; Watford; On-site; GBP 30,000 - 50,000; Full time

Job summary

A leading finance company in the UK is seeking an Underwriter to manage allocated loan cases from inception to completion. The ideal candidate will have experience in underwriting mortgage applications, strong attention to detail, and good communication skills. They will ensure all underwriting is compliant with company policies and FCA regulations while maintaining relationships with brokers to facilitate business flow.

Qualifications

• Experience in underwriting 1st and/or 2nd charge mortgage applications.
• Understanding of FCA regulations.

Responsibilities

• Enter and update borrower data on Fusion lending platform.
• Assess mortgage applications against underwriting criteria.
• Maintain broker relationships.

Skills

Teamwork

Attention to detail

Communication

Education

CeMAP

Job description

The overall responsibility of an Underwriter at West Oneis 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 West One Secured Loans.
• All work is to be carried out in accordance with Enra Specialist Finance policies and procedures.

Skills & Competencies

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

Knowledge & Qualifications

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

Personal Attributes

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