The Vacancy
Are you ready to lead from the front in a pivotal role that blends technical expertise, leadership, and strategic influence?
We’re looking for a Underwriting Lead to lead and develop a team of specialist mortgage underwriters, delivering profitable growth across the property portfolio. This role ensures underwriting excellence, adherence to risk appetite, and alignment with business strategy while maintaining strong broker and customer relationships.
What will your day look like?
Reporting to the Property Operations Manager, you’ll:
1. Lead and develop a team of expert underwriters handling high-value and complex mortgage applications.
2. Manage mandate frameworks that ensure responsible lending across specialist residential and buy-to-let sectors.
3. Provide first-line technical capability across portfolio lending, corporate financials, and property credit risk.
4. Take ownership of delegated underwriting authority, ensuring decisions align with our Lending Policy and Group Risk Appetite.
5. Act as the go-to escalation point for new business exceptions, appeals, and loan restructuring.
6. Build strong, trusted relationships with brokers, distribution partners, and internal teams.
7. Drive underwriting KPIs to reinforce our proposition as a leading specialist lender.
8. Identify and mitigate bad debt drivers, working with partner teams to enhance controls.
9. Collaborate with credit risk partners to refine and evolve credit policy.
What do we expect from you?
You’ll bring a blend of leadership, technical depth, and commercial acumen to the role, including:
10. Proven leadership experience in property credit underwriting.
11. Strong credit function and operational management expertise.
12. A track record in shaping risk and credit policy.
13. Commercially minded with analytical decision-making skills.
14. Confident communicator with regulatory knowledge.
15. A people leader who develops talent and inspires high-performing teams.
What can you expect from us?
16. Hybrid working policy (3 days onsite in Manchester and 2 days at home)
17. Competitive salary and a great range of core benefits including 10% pension, 30 days holiday and annual bonus
18. A friendly and flexible culture, the same as how we work with our customers
19. A growing organisation that means there’s lots of opportunities to progress
20. A drive for continuous improvement, which you will be empowered to get behind from day one
Let us tell you a bit about us
We’re Aldermore – the award-winning bank, trusted and highly rated by over a quarter of a million customers for more than a decade. With our range of specialist mortgages, savings accounts and business finance solutions, we're backing more people to go for it.
We thrive by saying “yes” to our customers. We respect the ingenuity of entrepreneurs and their startups; we give first-timers a leg-up onto the property ladder; we open up the lending market to many; and thousands of customers chose MotoNovo Finance every week to buy their next car, van or motorbike.
This is where you come in. We are on a journey. A journey defined by a destination; to deliver on our purpose.
Please note: we have a thorough screening and referencing process, which includes criminal record checks
Behaviour Framework
Our behavioural framework underpins our purpose and strategic drivers, as it outlines the behaviours we need to demonstrate in order to succeed. Where our strategic drivers (Stay Ahead Propositions, Relationships That Last and Progressive Platform) outline what we need to do to succeed, our behaviours guide us in how. In your second interview, we’ll ask you to talk through some examples where you’ve demonstrated these behaviours in your previous roles.
The Benefits
As you would expect, we offer a competitive basic salary and reward package, and you’ll also benefit from our commitment to investing in your professional development throughout your journey with us.
Benefits vary across the business depending on the role you do, but these will give you an idea of what to expect:
21. 30 days' annual leave
22. Discretionary bonus scheme
23. Private Medical Insurance - provided by Bupa. Aldermore pay the premium and you pay the tax.
24. Pension - managed by Aviva. Save for your retirement, with your contributions enhanced by up to 2x by Aldermore
25. Maternity Pay – a generous maternity leave package of up to six months on full pay
26. Group Income Protection - financial support, equivalent to 75% of your basic salary, if you can’t work due to illness or injury
27. Group Life Assurance - a lump sum benefit to your family or next of kin in the event of your passing while employed by the company
28. Employee Assistance Programme - access to qualified advisers for various life challenges and events, through Zurich
29. Toothfairy - unlimited advice from UK dentists
30. Flu Jab and Eye Care Vouchers
31. Shopping Discounts
32. Critical Illness
33. Cycle To Work
34. Dental Insurance
35. Give As You Earn
36. Government Tax-Free Childcare Scheme
37. Octopus Electric Vehicles
38. Bus And Tram Benefit
39. Save Our Planet - Plant trees, build habitats, calculate your own carbon footprint, sponsor renewable energy projects
40. Season Ticket Loan
41. Microsoft Discounts
42. Spouse Or Partner Life Assurance
43. Technology - Buy new tech devices through salary deduction
44. Wearable Technology
45. Wellbeing App
46. Will Writing
47. Metrolink Annual Pass & Clipper Ticket
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