Job Description
Job Title: Senior Mortgage Underwriter - BTL\nLocation: London, Hybrid 3 days a week in the office\nSalary: Up to £60,000\nHours: Monday - Friday 9am - 6pm\nBenefits:\n· 25 Days Holiday\n· Pension scheme\n· Private healthcare\n· Discretionary Bonus\n· Other flexible benefits\nAbout the role of Senior Mortgage Underwriter - BTL\nReporting to the Head of Buy-to-Let Underwriting, this role involves assessing and approving new BTL lending proposals in line with company lending policies. You will be responsible for evaluating risk, ensuring loans are suitable and fit for purpose, and clearly communicating lending decisions to all relevant stakeholders.\nIn this fast-paced and dynamic environment, you will manage a pipeline of cases, making informed underwriting decisions while adhering to internal policies. For cases outside of mandate or policy, you will present lending rationales to the Credit Committee.\nYou will collaborate closely with Case Managers, BDMs, and Completion Managers, overseeing applications from initial enquiry through to completion.\nResponsibilities required for the role of Senior Mortgage Underwriter - BTL\n· Underwrite new lending proposals in line with policy, documenting and seeking approval for exceptions.\n· Provide clear, concise lending recommendations for proposals outside mandate parameters.\n· Present Credit Papers for high-value transactions to the Credit Committee.\n· Participate in daily deal committees.\n· Assess and evaluate valuation reports.\n· Communicate underwriting requirements and decisions effectively to intermediaries.\n· Collaborate with Case and Completions Managers to ensure understanding of underwriting conditions.\nExperience required for the role of Senior Mortgage Underwriter - BTL\n· Minimum 2 years in a mortgage underwriting role\n· Held a sole signatory mandate of £500k+\n· Experience of presenting proposals to senior signatories\n· Strong analytical skills with ability to articulate clear lending rationales and recommendations\n· Confident in own decision-making abilities\n· Pragmatic approach to lending\n· Strong interpersonal skills\n· Highly numerate\nFor more information regarding the role of Senior Mortgage Underwriter - BTL please contact us\nStellar Select is acting as an employment agency and is a corporate member of the REC\nDue 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