Underwriter, Finance & Banking

The Interbay Commercial team is a dynamic, fast-paced lending unit within the OSB Group, dedicated to facilitating and progressing commercial mortgage and bridging applications. The team balances prudent risk management with exceptional service to deliver robust lending decisions and great customer outcomes. Collaborative and expert-driven, the team works closely with internal Sales units, key business stakeholders, and external intermediaries to manage complex transactions and present high-level cases to the Transactional Credit Committee.

It is a supportive, mentoring-focused environment where technical knowledge, regulatory compliance, and analytical expertise are shared to help colleagues and communities prosper. What you will be doing?:
As Senior Underwriter you will work within the Interbay Commercial team facilitating and progressing commercial mortgage and bridging applications, within the assigned mandate level, through to mortgage offer and in line with the Bank's operating procedures and policies and the Mortgage Credit Directive. The role requires a combination of technical knowledge, strong communication skills, attention to detail, and the ability to collaborate with various teams.

• Underwriting allocated mortgage applications from Agreement in Principle through to formal offer, operating within delegated authority levels and agreed service standards, while obtaining, reviewing and validating additional information where required.
• Reviewing and assessing Agreement in Principle applications, ensuring all lending decisions align with the Bank's lending policy and communicating outcomes to intermediaries in a timely and professional manner.
• Issuing mortgage offers within delegated mandate, ensuring all conditions have been satisfactorily met and any outstanding information has been thoroughly reviewed prior to completion.
• Building strong relationships with intermediaries and internal stakeholders, providing clear guidance and support through both written and verbal communication, whilst effectively managing queries and objections.
• Collaborating closely with Sales and key business stakeholders to deliver excellent customer outcomes, balancing service expectations with prudent and responsible lending decisions.
• Presenting complex cases to the Transactional Credit Committee and conducting borrower meetings when required.
• Providing technical expertise, coaching and mentoring to less experienced underwriters, supporting their development through case guidance, complaint resolution, fraud awareness and the sharing of best practice.

• Proven mandated mortgage underwriting experience within the bridging and commercial lending sectors.
• Strong knowledge of the Mortgage Credit Directive (MCD), including Knowledge and Competence requirements and their application within a regulated lending environment.
• Comprehensive understanding of FCA and PRA regulatory requirements relating to commercial mortgage lending.
• Excellent analytical and decision-making skills, with a proven ability to assess complex transactions, evaluate risk and deliver robust lending decisions that balance commercial opportunity, regulatory compliance, customer outcomes and portfolio performance.
• Exceptional attention to detail, with the ability to make sound judgements in a fast-paced and evolving lending environment.
• Experience in pension lending, with a particular focus on Self-Invested Personal Pensions (SIPPs) and Small Self-Administered Schemes (SSASs), would be advantageous.

At OSB Group, we understand how much our people bring to our organisation, which is why we try our best to give back too! Our Purpose is to help our customers, colleagues and communities prosper and we are on a…