Underwriter
other jobs Stellar Select Limited
Added before 2 Days
- England,London,City of London
- Full Time, Permanent
- £55,000 per annum
Job Description:
Job Title: Buy-to-Let Underwriter
Location: London Hybrid 2 days WFH
Salary: Up to £55,000
Working Hours: Monday to Friday 9 am to 5.30 pm
Benefits:
*25 Days Holiday + Bank/Public holidays
*Pension scheme
*Private healthcare
*Discretionary Bonus
*Other flexible benefits
About the role of Underwriter:
Join a growing, intermediary-only specialist lender as a Buy to Let Underwriter, working as part of a busy Buy to Let team. You’ll manually underwrite a range of specialist and more complex cases, assessing and approving mortgage applications in line with lending policy. Managing a varied pipeline, you’ll make clear, commercially sound decisions and confidently explain your rationale, particularly on more complex deals.
Responsibilities required for the role of Underwriter:
*Ensure all new lending proposals are underwritten in accordance with the Company’s Lending Policy, with any exceptions clearly documented and approved by the appropriate senior signatories
*Provide clear, concise lending recommendations to senior signatories for proposals requiring exceptions or falling outside mandate parameters
*Prepare and present Credit Papers to the Credit Committee for high-value transactions
*Review, assess and appraise both short- and long-form valuation reports
*Liaise with intermediaries on new enquiries and proposals, clearly communicating underwriting requirements and/or reasons for decline
*Work closely with Pipeline and Completions Managers to ensure underwriting requirements and special conditions are fully understood and appropriately applied
Experience required for the role of Underwriter:
*A min of a year’s experience in a Buy to Let Mortgage Underwriting role.
*Held a mandate for £350K +
*Experience of presenting proposals to senior signatories
*Knowledge of different property asset types, including HMO, Multi Unit Freehold blocks, office to residential- permitted development schemes
*Pragmatic approach to lending
For more information regarding the role of Buy-to-Let Underwriter, please contact us.
Stellar Select is acting as an employment agency and is a corporate member of the REC.
Due to a high volume of applications, we will only contact you if your application has been successful. We aim to contact all successful contacts within two business days.
Location: London Hybrid 2 days WFH
Salary: Up to £55,000
Working Hours: Monday to Friday 9 am to 5.30 pm
Benefits:
*25 Days Holiday + Bank/Public holidays
*Pension scheme
*Private healthcare
*Discretionary Bonus
*Other flexible benefits
About the role of Underwriter:
Join a growing, intermediary-only specialist lender as a Buy to Let Underwriter, working as part of a busy Buy to Let team. You’ll manually underwrite a range of specialist and more complex cases, assessing and approving mortgage applications in line with lending policy. Managing a varied pipeline, you’ll make clear, commercially sound decisions and confidently explain your rationale, particularly on more complex deals.
Responsibilities required for the role of Underwriter:
*Ensure all new lending proposals are underwritten in accordance with the Company’s Lending Policy, with any exceptions clearly documented and approved by the appropriate senior signatories
*Provide clear, concise lending recommendations to senior signatories for proposals requiring exceptions or falling outside mandate parameters
*Prepare and present Credit Papers to the Credit Committee for high-value transactions
*Review, assess and appraise both short- and long-form valuation reports
*Liaise with intermediaries on new enquiries and proposals, clearly communicating underwriting requirements and/or reasons for decline
*Work closely with Pipeline and Completions Managers to ensure underwriting requirements and special conditions are fully understood and appropriately applied
Experience required for the role of Underwriter:
*A min of a year’s experience in a Buy to Let Mortgage Underwriting role.
*Held a mandate for £350K +
*Experience of presenting proposals to senior signatories
*Knowledge of different property asset types, including HMO, Multi Unit Freehold blocks, office to residential- permitted development schemes
*Pragmatic approach to lending
For more information regarding the role of Buy-to-Let Underwriter, please contact us.
Stellar Select is acting as an employment agency and is a corporate member of the REC.
Due to a high volume of applications, we will only contact you if your application has been successful. We aim to contact all successful contacts within two business days.
Job number 3550368
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Company Details:
Stellar Select Limited
Company size: 5–9 employees
Industry: Recruitment Consultancy
Finding the Right People for the Right JobsFounded in 2005, Stellar Select is a recruitment agency specialising in the Mortgage and Financial Services...