Underwriting Manager

Ultimate Banking; England; Hybrid; GBP 46,000 - 55,000; Full time

Job summary

A leading BTL mortgage provider in Milton Keynes is seeking an experienced Underwriting Manager to oversee mortgage processing and underwriting teams. The successful candidate will ensure that all loans are processed within the company's risk appetite while delivering outstanding service to clients. This role requires a management background in mortgages, a current BTL mandate, and manual underwriting experience of complex applications. The position has a hybrid work model, requiring two days in the office and three days remote.

Qualifications

• Previous management experience in mortgage processing.
• Current BTL mortgage mandate, including complex applications.
• Experience in working with third-party relationships.

Responsibilities

• Lead and develop mortgage processing teams for excellent customer journey.
• Approve Buy to Let loans and conduct second case reviews.
• Collaborate with compliance to maintain oversight controls.

Skills

Team leadership

Manual underwriting experience

Knowledge of BTL mortgages

Job description

Underwriting Manager

Milton Keynes

Up to £55k

Do you want to work for a vibrant company who have drive and ambition but put their employees at the heart of what they do? Our client is exactly that company. They believe in working hard to achieve their goals, but they want their staff to have fun and a work life balance.

Our client is a BTL specialist, offering a wide portfolio of BTL mortgages to their customers. They have a fantastic opportunity for an experience, BTL specialist to join them as an Underwriting Manager. In this role, you will manage the end to end mortgage processing and underwriting teams, ensuring all loans are written within the company’s risk appetite, alongside providing a best of class service to intermediary partners and borrowers.

Their head office is based in Milton Keynes, and they operate a hybrid working policy. They ask for 2 days based at their head office, which must be a Monday and Thursday, then 3 days working remotely.

Duties of the Underwriting Manager will include :

• Lead, manage and develop the mortgage processing teams to deliver an excellent customer journey.
• Act as a senior underwriter, approving Buy to Let loans within mandate and carrying out 2nd case reviews on loans underwritten by the team.
• Work with the compliance team to monitor and develop oversight controls to ensure consistent delivery of good outcomes for customers.
• Deal with and action post offer queries from the outsourcing servicing partner.
• Manage the third‑party relationships to ensure service levels, controls and governance are maintained.

The successful individual will possess :

• Previous management / team leadership experience
• A current or recently held BTL mortgage mandate, alongside experience of manual underwriting BTL complex mortgage applications (inc. LYD company, HMO, Multi Let properties)