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Credit Underwriting Officer - BTL

Sterling Williams LTD
Posted 13 hours ago, valid for a day
Location

London, Greater London EC1R 0WX

Salary

£36,000 - £43,200 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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  • The Credit Underwriting Officer position in London requires experience in evaluating Buy-to-Let mortgage applications from a banking environment.
  • The salary for this role is approximately £45,000 to £55,000 per annum, plus benefits.
  • The successful candidate will be responsible for analyzing financial documents and assessing the risk and eligibility of applicants, primarily Limited companies.
  • Candidates should possess excellent analytical skills, strong Microsoft Office skills, and the ability to work under pressure while maintaining quality.
  • This role involves collaboration with the business team and support for the Credit Administration Team, emphasizing compliance with company policies and regulatory requirements.

If you have experience in Credit Underwriting and evaluating Buy-to-Let mortgage applications from a banking environment then we would love to hear from you.

Credit Underwriting OfficerLondon - 4 days in the office with 1 day from homeSalary circa £45 - £55,000 pa plus benefits

The Credit Underwriting Specialist will be responsible for evaluating BTL mortgage applications for portfolio landlords in accordance with company policies and regulatory guidelines. This role involves a detailed analysis of financial documents and credit information to assess the risk and eligibility of applicants.

Day to day responsibilities will consist of, but not be exhaustive of:

  • Review and analyse residential real estate loan applications and supporting documentation.
  • Assess the creditworthiness and financial stability of loan applicants (usually Limited companies).
  • Ensure compliance with all company policies and regulatory requirements (SS13/16).
  • Provide detailed recommendations to the Senior Credit Manager and the Bank’s Credit Committee on the strengths and weaknesses of each application.
  • Support the Credit Administration Team in preparation of the Facility Letter and other supporting documentation.
  • Identify and resolve any discrepancies in documentation or information provided in support of loan applications.
  • Collaborate with the business team members to ensure smooth loan processing.
  • Assist the Manager in management of the RRE Portfolio including analysis of the performance of existing facilities as part of the Bank’s annual review process.

The successful candidate will have:

  • Excellent analytical skills and knowledge of analysing financial Accounts and balance sheets
  • Strong Microsoft Office skills
  • Flexible approach to meet changing requirements and the ability to perform under pressure within time constraints
  • Ability to work under pressure without compromising quality
  • Excellent written, oral communication and presentation skills

Please get in touch to find out more information.

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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.