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Senior Underwriter

Kind Consultancy is working with a fast-growing alternative Financial Services business which is currently seeking a Senior Underwriter to join them in a permanent, full-time role with a hybrid work model based out of their Cardiff office, with a competitive annual salary.

Reporting to the Head of Underwriting, the Senior Underwriter will play a critical role in evaluating and assessing short-term mortgage applications and determining level of risk and adherence to credit policy, with key responsibilities including:

  • Reviewing and assessing short-term mortgage applications focussing on specialist lending, bridging, development and commercial loans.
  • Analysing data and other key financial indicators to assess level of risk involved.
  • Applying established underwriting guidelines, policies and procedures to evaluate applications and determine appropriate loan structures.
  • Identifying potential risks and challenges associated with loan applications, proposing appropriate risk mitigation strategies to minimise exposure & protect the organisations interests.
  • Performing comprehensive financial analysis to evaluate the financial health and stability of the individual, developer or businesses applying for short-term mortgage.
  • Ensuring all loan files and documentation are accurate and compliant with regulatory requirements.
  • Collaborating with cross functional teams to facilitate effective and efficient decision-making processes.
  • Building and maintaining relationships with internal stakeholders.
  • Staying updated on market trends, industry developments, and regulatory changes to inform underwriting decisions and mitigate potential risks.

Our ideal candidate for the Senior Underwriter opportunity:

  • Has good regulatory knowledge and a strong understanding of the compliance requirements related to Banking and underwriting eg: KYC, AML.
  • Demonstrates excellent attention to detail and accuracy in assessing loan applications and financial statements.
  • Has a proven ability to identify and assess risks associated with loan applications and propose effective risk mitigation strategies.
  • Has 5+ years of experience in Commercial/ Specialist Mortgage Underwriting, to include substantial exposure to bridging, Buy-to-Let and/or development loans.
  • Displays excellent verbal and written communication skills, with the ability to effectively communicate complex financial concepts and underwriting decisions to internal and external stakeholders.
  • Has experience of working in a regulated bank with a clear understanding of regulatory requirements including Consumer Duty.
  • Demonstrates strong analytical skills, risk evaluation and proficiency in financial modelling – strong Excel skills would be highly desirable.

If you’re interested in the Senior Underwriter opportunity, you have the necessary skills, knowledge and experience, and you live in or can commute to Cardiff, please apply with an updated CV today.

Senior BTL Underwriter

Kind Consultancy is working with a specialist mortgage lender which is currently seeking a Senior BTL Underwriter to join them in a full-time, permanent role based in their Hertfordshire office, paying up to £50,000.

The Senior BTL Underwriter will take ownership of allocated Buy-to-Let cases from inception through to completion, underwriting, maintaining and managing a pipeline of complex and high value cases, through to offer, with key responsibilities including:

  • Assessing applications that have been referred for approval by Underwriting Case Managers
  • Documenting rationale as to why a case should or should not be offered
  • Providing real time feedback to the Underwriting Case Managers on a case by case basis and also providing daily, weekly and monthly reporting to the line manager.
  • Underwriting and assessing loan documentation, including valuation reports and requesting additional information from brokers for complex and high value cases where required, highlighting any concerns
  • Carrying out checks on the applicants and properties and assessing their suitability for the loan applied for
  • Proactively chasing outstanding information from third parties and sharing timely updates to introducers to enable service excellence
  • Recommending and referring cases to the relevant mandate holders for approval
  • Liaising with introducers, valuers and solicitors
  • Overseeing cases from inception through to offer
  • Updating all relevant systems to maintain management information

Our ideal candidate for the Senior BTL Underwriter opportunity:

  • Has a good understanding of business risk
  • Has significant experience within the secured lending sector underwriting mortgage applications, specifically within the Buy to Let market.
  • Demonstrates a good understanding of the underwriting process, with previous experience of managing a caseload and assessing cases for approval in a fast-paced environment
  • Holding CeMAP would be desirable but is not essential
  • Has very good organisational, analytical and time management skills
  • Displays excellent verbal & written communication skills
  • Is a competent user of Microsoft office software
  • Has consistently excellent attention to detail

If you’re interested in the Senior BTL Underwriter opportunity, you have the necessary skills, knowledge and experience and you’re based in or can commute to Hertfordshire, please apply with an updated CV today.

BTL Underwriter

Kind Consultancy is working with a specialist mortgage lender which is currently seeking a BTL Underwriter to join them in a full-time, permanent role based in their Hertfordshire office, paying up to £45,000.

The BTL Underwrite will underwrite buy-to-let loan applications in accordance with the firm’s lending criteria, policies and procedures, with key responsibilities including:

  • Underwriting and assessing loan documentation, including valuation reports and requesting additional information from brokers where required, highlighting any concerns
  • Carrying out checks on the applicants and properties and assessing their suitability for the loan applied for
  • Proactively managing a pipeline of mortgage applications which will include chasing outstanding information from third parties and providing timely updates to introducers which will help ensure service excellence is maintained
  • Recommending and referring cases to Credit Committee where credit committee approval is required.
  • Liaising with introducers, valuers and solicitors
  • Overseeing cases from inception through to completion

Our ideal candidate for the BTL Underwriter opportunity:

  • Demonstrates a strong understanding of FCA regulation
  • Has significant experience underwriting mortgage applications, specifically within the BTL market.
  • Holding CeMAP is not essential but would be desirable
  • Is well organised with exceptional attention to detail
  • Works well as part of a team
  • Is highly articulate with good written and verbal communication skills

If you’re interested in the BTL Underwriter role and you have the relevant knowledge, skills and experience and live in or can commute to Hertfordshire, please apply with an updated CV today.

Senior 2nd Charge Underwriter

Kind Consultancy is working with a specialist mortgage lender which is currently seeking a Senior 2nd Charge Underwriter to join them in a full-time, permanent role based in their Hertfordshire office, paying up to £52,000.

The Senior 2nd Charge Underwriter will provide support to the 2nd Charge team leader and act as a referral point to less experienced staff, with key responsibilities including:

  • Underwriting large loan applications (up to £250k) and maintain a pipeline of cases.
  • Taking ownership of tasks delegated from the Team Leader such as UAT testing , product set up on the lending platform, updating procedure documents, etc
  • Managing the Team in the absence of the Team Leader.
  • Assisting in training and mentoring and being a referral point to less experienced members of the team.
  • Acting as first point of contact for broker support for queries on applications in the absence of the Team Leader.
  • Maintaining broker relationships
  • Ensuring all underwriting is in line with company policy and within regulation.
  • Liaising with introducers, valuers and solicitors
  • Ensuring that all cases are Underwritten within the organisation’s Risk appetite.

Our ideal candidate for the Senior 2nd Charge Underwriter position:

  • Has a strong understanding of FCA regulation and good up-to-date knowledge of the Mortgage market
  • Has previous experience of 2nd Charge Underwriting work
  • Is a team-player
  • Demonstrates consistently strong attention to detail
  • Holding CeMAP would be desirable but is not essential
  • Must have a minimum of 5 GCSEs A-C (Including Maths and English).

If you’re interested in the Senior 2nd Charge Underwriter opportunity,

Residential Mortgage Underwriter

Kind Consultancy is working with a specialist mortgage lender which is currently seeking three Residential Mortgage Underwriters to join them in full-time, permanent roles based in their Hertfordshire office, paying up to £45,000.

The Residential Mortgage Underwriter will take ownership of allocated cases from inception through to completion, with key responsibilities including:

  • Entering and updating borrower data on lending platform.
  • Ensuring all aspects of the loans are recorded accurately on lending platform and meet underwriting guidelines.
  • Carrying out an assessment of the mortgage applications to ensure all aspects of underwriting criteria are met.
  • Providing concise and accurate updates to brokers.
  • Proactively chasing brokers for outstanding requirements.
  • Ensuring all underwriting is in line with Company policy and within regulation.
  • Ensuring that all cases are Underwritten within the Groups Risk appetite.
  • Building 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.
  • Maintaining broker relationships that are integral to business growth.

Our ideal candidate for the Residential Mortgage Underwriter opportunity:

  • Has a good understanding of FCA regulation.
  • Is experienced in Underwriting 1st and/or 2nd Charge mortgage applications.
  • Holding CeMAP would be desirable but is not essential
  • Displays consistently strong attention to detail.
  • Has good written and verbal communication skills.

If you’re interested in the Residential Mortgage Underwriter opportunity, you have the necessary skills and experience, and you live in or can commute to Hertfordshire, please apply with an updated CV today.

Buy-to-Let Underwriter

Kind Consultancy is working with a growing alternative Financial Services business which is currently seeking a Buy to Let Underwriter to join them in a full time, permanent position with a hybrid work model based out of their offices in the Birmingham area, paying up to £60,000.

The Buy-to-Let Underwriter will assess new BTL lending applications for risk and quality, whilst adhering to the firm’s policies and risk appetite, with key responsibilities including:

  • Analysing loan applications to support intermediaries and their customers, reviewing documentation for completeness and adherence to credit policy.
  • Ensuring compliance with legislation and regulatory requirements.
  • Making timely decisions, asking for further information where needed.
  • Acting as a primary point of contact for queries in relation to underwriting decisions, both with internal and external stakeholders.
  • Confidently providing feedback on the quality and wholeness of applications.
  • Consistently working in an efficient and productive manner, being curious and raising opportunities for process improvements, with perspective from a colleague and an intermediary viewpoint.
  • Producing clear and concise risk analysis and developing and maintaining underwriting procedures.
  • Providing an excellent standard of customer service, contributing effectively to Service Level Agreements (SLAs) and Objectives and Key Results (OKRs).

Our ideal candidate for the Buy-to-Let Underwriter opportunity:

  • Has 3 years of experience underwriting simple and complex BTL products, with a proven critical analysis of information pertaining to the financial standing of prospective borrowers.
  • Currently holds a Delegated Lending Authority (DLA) of at least £500,000.
  • Is able to underwrite manually across multiple BTL types i.e. portfolio landlords, HMO and MUB properties, limited company and LLP entities.
  • Has a strong understanding of regulatory requirements, including the Prudential Regulatory Authority (PRA) and the FCA Handbook.
  • Displays consistently high attention to detail, and sound and reasoned judgement, based on an independent and thorough analysis of facts and relevant factors, including internal policies and regulations.
  • Works well in a team environment and builds strong working relationships with peers to contribute to team goals.
  • Is an effective communicator and talented collaborator, who can bring colleagues together to reach the best way forward for the customer and the business.
  • Demonstrates strong numerical and time management skills
  • Is a confident user of Excel with an understanding of intermediate calculations.

If you’re interested in the Buy-to-Let Underwriter opportunity, you have the skills, knowledge and experience we’re looking for, and you’re based in or can commute to the West Midlands, please apply with an updated CV today.

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