Underwriting Manager

Ultimate Banking Ltd; Christchurch; Hybrid; GBP 54,000 - 66,000; Full time

Benefits offered by this job

Discretionary bonus

Generous pension

Cashback health scheme

Excellent benefits

Job summary

Ultimate Banking Ltd in the United Kingdom is seeking a Mortgage Underwriting Manager to lead a small team, ensuring high standards of performance, quality and regulatory compliance. You will personally manage complex mortgage cases while guiding underwriters and brokers to optimal outcomes.

The role offers hybrid working in Southern England with one day in the office per week (more as needed initially). Salary up to £60k plus discretionary bonus and generous benefits.

Qualifications

• Experience as a people manager in a mortgage underwriting environment.
• Strong experience in manual residential mortgage underwriting.
• Comfortable with complex/specialist lending and delegated discretion.
• Solid understanding of credit risk, affordability, income assessment and property risk.
• Good knowledge of MCOB mortgage regulations.

Responsibilities

• Leading and developing a small underwriting team, ensuring strong performance, quality and customer outcomes.
• Personally handling complex, specialist and out-of-policy mortgage cases.
• Ensuring all lending decisions meet credit policy, MCOB/regulatory requirements and SLA targets.
• Providing technical guidance to underwriters, BDMs, brokers, mortgage advisers and wider business teams.
• Owning and maintaining underwriting processes, policies, quality controls and training.
• Supporting audits, external partners and regulatory requirements.
• Driving process improvement and operational efficiency.

Skills

People management

Residential mortgage underwriting

Complex lending

Credit risk

MCOB regulations

Job description

Mortgage Underwriting Manager
SouthernEngland(hybridmin 1 day each week in the office)
Salary to £60K +excellentbenefitsanddiscretionarybonus
OurclientisahighlycustomerfocussedfinancialservicesproviderwhoarerecruitingforaMortgage Underwriting Manager. You will lead and develop a small underwriting team, ensuring high performance, quality customer outcomes and compliance with credit policy, MCOB/regulatory requirements and SLAs. You will also personally manage complex and specialist mortgage cases. Therolehasflexibilityfor office presence just once a week depending on your location and will require office presence more often for the first 2 weeks.

KeyresponsibilitiesoftheMortgage Underwriting Manager include:

• Leading and developing a small underwriting team, ensuring strong performance, quality and customer outcomes.
• Personally, handling complex, specialist and out-of-policy mortgage cases.
• Ensuring all lending decisions meet credit policy, MCOB/regulatory requirements and SLA targets.
• Providing technical guidance to underwriters, BDMs, brokers, mortgage advisers and wider business teams.
• Owning and maintaining underwriting processes, policies, quality controls and training.
• Supporting audits, external partners and regulatory requirements.
• Driving process improvement and operational efficiency.

Requiredskills&experiences:

• Experience as a people manager ideally within a mortgage underwriting environment.
• Strong experience in manual residential mortgage underwriting.
• Comfortable with complex/specialist lending and exercising delegated discretion.
• Strong understanding of credit risk, affordability, income assessment and property risk.
• Strong knowledge of MCOB and mortgage regulations.

Thisisagreatopportunityforanexperiencedpeople manager with strong experience in manual mortgageunderwriting. Youcanexpectasalaryofupto£60k+discretionarybonus,
generouspension,cashbackhealthschemeandmuchmore.Ifthisrolesoundslikethenext challengeforyou,thenwelookforwardtoreceivingyourapplication.