Underwriter - Buy to Let

Enra Specialist Finance; Watford; On-site; GBP 35,000 - 50,000; Full time

Job summary

A leading financial services company is seeking an Underwriter for their Buy to Let team. The role involves assessing loan applications, managing a pipeline, and liaising with various stakeholders. Ideal candidates will have experience in mortgage underwriting, particularly in the Buy to Let market, and possess strong communication skills.

Qualifications

• Experience underwriting mortgage applications, specifically in the BTL market.
• Understanding of FCA regulation is crucial.
• Must pass internal competency tests post induction.

Responsibilities

• Underwrite and assess loan documentation, including valuation reports.
• Manage a pipeline of mortgage applications and chase outstanding information.
• Liaise with introducers, valuers, and solicitors.

Skills

Attention to detail

Written communication

Verbal communication

Teamwork

Education

CeMAP

Job description

West One is looking for an Underwriter to join our Buy to Let team, assessing loan applications in line with lending criteria, policies, and procedures to support responsible decisions.

Key Accountabilities

• Underwriting and assessing loan documentation, including valuation reports and requesting additional information from brokers where required, highlighting any concerns.
  
• Carrying out checks on the applicants and properties and assessing their suitability for the loan applied for.
  
• Proactively manage a pipeline of mortgage applications which will include chasing outstanding information from third parties and providing timely updates to introducers which will help ensure service excellence is maintained.
  
• Recommending and referring cases to Credit Committee where credit committee approval required.
  
• Liaising with introducers, valuers and solicitors.
• Overseeing cases from inception through to completion.

Skills & Competencies

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

Knowledge & Qualifications

• CeMAP (desirable, not essential)
• A strong understanding of FCA regulation
  
• Experience underwriting mortgage applications, specifically within the BTL market.

Personal Attributes

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