Underwriting Team Manager

Nouvo Recruitment; Borehamwood; On-site; GBP 55,000 - 75,000; Full time

Job summary

A leading recruitment agency is seeking an Underwriting Team Manager in Borehamwood, England. This role entails managing a team of underwriters, overseeing the underwriting process of new applications, and ensuring high-quality service levels. Candidates should have a minimum of 5 years of experience in finance underwriting and a lending mandate of 500,000 or greater. Strong communication and relationship-building skills are essential. The position offers opportunities for professional growth within a dynamic environment.

Qualifications

• Minimum 5 years of specialist finance underwriting experience.
• Hold a lending mandate of 500,000 or greater.
• Demonstrate technical knowledge of specialist finance underwriting.
• Thrive in an expanding and changing environment.

Responsibilities

• Managing a team of underwriters and origination personnel.
• Underwriting new applications in line with lending policies.
• Maintaining regular contact with brokers, solicitors, and valuers.
• Risk assessment of each case as it develops.
• Regularly updating internal teams on pipeline work.

Skills

Finance underwriting

Communication skills

Relationship building

Understanding of mortgage regulatory requirements

Education

CeMAP qualification

Job description

Underwriting Team Manager

Responsibilities

• Managing a team of underwriters and origination personnel, including their workflows, and reporting this to Risk Manager.
• Ensuring the highest level of quality for the wider team.
• Underwriting new applications from start to finish, in line with our lending policies with an ideal minimum pipeline of 15 cases at any one time.
• Maintaining regular contact with our brokers, solicitors, and valuers to ensure the best possible service levels.
• Constant risk assessment of each case as it develops for your own pipeline and the wider team. Presenting and mandating of credit papers to credit committee and whilst clearly demonstrating commercial risks and creditworthiness of the borrower and strength of the underlying asset.
• Working with finance and treasury functions to ensure cases are funded in a timely manner.
• Regularly update internal teams or stakeholders of pipeline work and case progression.
• Maintain a constant review on efficiencies in policy and processes whilst maintaining the highest possible standards.
• Adherence to personal and team based KPIs.
• Working to deadlines and prioritising workflow.
• Regular check ins with Risk Manager to ensure the needs of the business are being met.

Knowledge

• Minimum 5 years specialist finance underwriting experience.
• Hold a lending mandate of 500,000 or greater.
• CeMAP qualified is desired.
• Demonstrate technical knowledge of specialist finance underwriting Great communication skills Well-developed relationship building skills.
• Understanding of mortgage regulatory requirements.
• Thrive in an expanding and changing environment.

Due to a very high number of applications, we are unable to come back to every candidate with feedback. If you do not hear from us within 48 hours, please assume that you have been unsuccessful on this occasion. Your CV will be registered with us, and we will keep you updated with any other positions that may be of interest. However please keep checking our website as new roles will be updated daily, Nouvo Recruitment (London) wishes you the best of luck in your job search.

Nouvo Recruitment (London) operate as an independent recruitment agency with over 20 years of experience supporting clients and candidates nationally across the UK.