Credit Underwriter
Salary: £36,000 – £50,000
Location: Farnborough
My client based in Farnborough is seeking a Credit Underwriter to join their team! You would be responsible for providing vital support to all areas of the business, including criteria, property queries, title issues, tracing customers, Suspicious Activity Reports, and fraud.
Daily Duties
1. Serve as a point of referral on complex cases from around the business regarding application considerations.
2. Accurately analyze and understand key elements of all mortgage applications while ensuring adherence to all policies.
3. Recommend to our funders as an exception for approval when cases are of good quality but outside policy.
4. Help protect the company from fraud risk by using our anti-fraud systems such as CIFAS and SIRA to investigate and act upon information received in a timely manner.
5. Provide professional, efficient, and high-standard customer service to the business, customers, intermediaries, valuers, and solicitors.
6. Manually underwrite portfolio and complex BTL cases.
7. Recommend portfolio and complex BTL cases to our funder.
8. Assist in maintaining and updating the lending policy by researching and recommending policy changes.
9. Develop and maintain co-operative relationships between all internal stakeholders and investigate all referrals professionally.
10. Utilize fraud systems such as CIFAS, SIRA, and Hunter to mitigate potential losses.
11. Investigate suspicious alerts identified by our fraud prevention systems.
12. Exercise personal lending discretion when assessing exceptions.
13. Carry out broker reviews, liaising with sales before the removal of a broker.
14. Assist in preparing management reports, ensuring they are ready in time for Exco or Credit Committee meetings.
15. Develop clear and logical step-by-step plans outlining what needs to happen, when, how, and by whom.
Skills and Experience
* Current or previous experience in the mortgage industry with a mortgage underwriting background, having held a mandate.
* Proven ability to exercise good commercial and professional judgment.
* Effective communication skills, both written and verbal.
* Good attention to detail.
* Adaptable to ongoing change.
* PC literate with knowledge of Microsoft Office products.
* Enthusiastic, flexible, and eager to learn and develop a career.
* Knowledge of CIFAS and SIRA systems is beneficial but not essential.
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