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Mortgage Underwriter - Residential

D&R Recruitment Limited
Posted 12 hours ago, valid for 22 days
Location

Watford, Hertfordshire WD24 4LH

Salary

£38,000 - £45,600 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 1st Charge Underwriter position in Watford offers a salary of up to £42,500, along with private medical and dental care, a pension plan, and additional benefits.
  • The role requires taking ownership of allocated cases from inception to completion, ensuring compliance with underwriting guidelines and company policies.
  • Candidates should have experience in underwriting 1st and/or 2nd charge mortgage applications and possess a strong understanding of FCA regulations.
  • Key responsibilities include maintaining broker relationships, updating borrower data, and providing accurate updates to brokers while managing a pipeline of cases.
  • The ideal candidate will demonstrate high attention to detail, good communication skills, and the ability to work collaboratively within a team.

1ST Charge underwriter - Residential

Up to £42.500 + + Private Medical & Dental care + Pension Plan + Many more

Watford Responsibilities for the 1st Charge Underwriter - CeMAP:

The overall responsibility of the role is to take ownership of allocated cases from inception to completion

• Enter and update borrower data in fusion lending platform.• Ensure all aspects of the loans are recorded accurately on fusion and meet underwriting guidelines.• Carry out an assessment of the mortgage application to ensure all aspects of our underwriting criteria are met.• Provide concise and accurate updates to brokers.• Proactively chase brokers for outstanding requirements.• Ensure all underwriting is in line with company policy and within regulation.• Ensure that all cases are underwritten within the groups risk appetite.• Build good relationships with 3rd party suppliers including brokers and solicitors to assist in the smooth flow of business.• Maintaining a pipeline of cases, overseeing cases from inception through to completion.• Maintain broker relationships that are integral to the growth for WOSL.• All work is to be carried out in accordance with the companies polices and procedures.Skills for the 1st Charge Underwriter - CeMAP:

• Ability to work as part of a team.• Pass internal competency tests post induction.• High attention to detail• Good written and verbal communication skills• An understanding of FCA regulations• Experience in underwriting 1sr and/or 2nd charge mortgage applications

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.