Job Description Mortgage Underwriter
Newcastle Upon Tyne (hybrid)
We’re Perenna, a digital mortgage bank that will revolutionise the UK mortgage market. We offer flexible fixed rate mortgages, with terms ranging from 15 years up to 40 years, providing full payment certainty and protecting borrowers against interest rate rises.
What you’ll be doing.
Underwriters play a pivotal role in our underwriting team. They make credit decisions outside of standard policy guidelines and within board approved risk appetite and use their judgement to identify and address key risk indicators on mortgage applications. Joining us as a Mortgage Underwriter, you’ll also have the chance to help us improve our processes and ways of working as we scale.
Here’s what you’ll do:
Mortgage Underwriting – you’ll underwrite applications, ensuring robust assessment, highlighting key concerns, challenging proportionately and providing suitable mitigations in the decision-making process to ensure we deliver a high quality and efficient service. You’ll own the accurate and timely underwriting assessment of all mortgage cases within your delegated authority, making meaningful decisions in a timely manner. You’ll also need to be alert to signs of suspicious or fraudulent activity and be a...