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Senior Underwriter (Specialist Lending)

CooperGrey Recruitment Ltd
Posted a month ago, valid for 7 days
Location

Cardiff, South Glamorgan CF5 1DR, Wales

Salary

£50,000 - £60,000 per annum

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Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • We are seeking a Senior Underwriter for a successful financial services company, reporting to the Head of Underwriting.
  • The role involves assessing short-term mortgage applications, focusing on specialist lending, bridging, development, and commercial loans.
  • Candidates should have approximately 5 years of relevant underwriting experience and strong regulatory knowledge related to banking and underwriting.
  • The salary for this position ranges from £55k to approximately £70k, along with a bonus, pension, health benefits, and 25 days of leave.
  • Remote, hybrid, or flexible working arrangements are available for this critical role.

The role:

We are currently working exclusively with a successful financial services business who wish to appoint a Senior Underwriter. Reporting to Head of Underwriting the role of Senior Underwriter will play a business critical role in assessing short-term mortgage applications to make informed lending decisions. Remote working available. Further responsibilities include…

  • Review & assess short-term mortgage applications with a focus on specialist lending, bridging (regulated and non-regulated), development and commercial loans
  • Analyse all information to assess risk levels
  • Apply established underwriting guidelines and procedures to evaluate applications
  • Identify the potential risks and challenges with applications and propose risk mitigation strategies
  • Collaborate with internal stakeholders to ensure efficient decision making processes
  • Stay updated on market trends and regulatory changes to inform underwriting decisions

The Company:

  • A successful and award-winning financial services business. Remote, hybrid/flexible working avaialable.

The Person:

  • c5 years of relevant underwriting experience in specialist mortgage underwriting (e.g. bridging, BTL, commercial and/or development lending etc.)
  • Regulatory and compliance knowledge related to banking and underwriting (KYC, AML etc.)
  • Strong analytical skills and evaluating risk to make informed decisions
  • Ability to solve problems with a strong attention to detail
  • Excellent interpersonal skills with the ability to work with effectively with internal and external stakeholders
  • A clear and concise communicator

Salary:

£55k - c£70k plus bonus, pension, health, 25 days, hybrid/flexible working

Apply now in a few quick clicks

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.