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Mortgage underwriter

London
MERJE
Mortgage underwriter
£40,000 - £45,000 a year
Posted: 3 October
Offer description

Mortgage Underwriter- Residential

Once a month in the office

£40K-£45K

My Client is seeking a highly skilled and experienced mortgage lending and risk decision-making expert to join their team as a
Mortgage Underwriter
.

As part of the Lending Team, you'll manage mortgage loan applications from submission through to completion, ensuring seamless progression from underwriting to the release of funds.

As an Underwriting team member, you'll be able to handle complex underwriting scenarios and work with underwriting and completion colleagues to deliver excellent underwriting outcomes. You will also liaise with Mortgage Brokers and Business Development Managers to provide outstanding levels of customer service.

Key Responsibilities:

* Act as the first line of defence for credit risk management:
* Make lending decisions that align with risk appetite, policy requirements, and underwriting guidelines, within mandated authority.
* Ensure compliance with fair lending practices and regulatory requirements, such as MCOB and responsible lending.
* Assess mortgage applications accurately, verifying income, employment, credit history, and property-related information using the correct documentation and data.
* Exercise discretion when recommending or approving lending policy exceptions.
* Maintain accurate, audit-ready system records of underwriting decisions and their supporting rationale.
* Advise the sales team on the criteria nuances to help stronger cases land
* Communicate effectively with stakeholders to gather information, relay decisions, and maintain clear records.
* Manage a portfolio of applications, prioritising tasks and balancing competing deadlines.
* Consistently meet turnaround targets while delivering high-quality work.
* Work collaboratively with teams across the business to deliver fast, high-quality service.
* Identify opportunities to simplify, automate, or enhance underwriting processes while maintaining quality standards.
* Stay informed about industry trends, regulations, and best practices to ensure compliance and maintain expertise.
* Actively seek training and development opportunities to enhance your skills.

*No sponsorship provided*

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