2nd Charge Underwriter

Job Title:

2nd Charge Underwriter

Location:

Watford

Salary:
Confirmed on application

Hours:

Monday to Friday 9 am to 5.30 pm

Benefits:

Competitive pension, life assurance, private medical, dental, and eye care
25 days annual leave plus bank/public holidays and annual leave purchase option
Perk Box rewards, refreshments, and social/team events
Excellent development and career progression opportunities

About the position of 2nd Charge Underwriter:

Our client is a growing specialist lender looking for an experienced Mortgage Underwriter to join their team. They are open to considering candidates with either second charge or residential mortgage underwriting experience, making this an excellent opportunity for an underwriter looking to develop their specialist lending experience. You will be responsible for assessing mortgage applications, making lending decisions within the company's risk appetite and managing cases through to completion, while building strong relationships with broker partners and other key stakeholders.

Responsibilities for the role of 2nd Charge Underwriter:

Underwrite applications in line with company policy, underwriting criteria and risk appetite
Assess borrower circumstances, affordability, supporting documentation and overall credit risk to make sound lending decisions
Manage a pipeline of cases from application through to completion
Provide clear, concise and accurate updates to brokers throughout the underwriting process
Proactively liaise with brokers to obtain outstanding information and documentation
Ensure all case information and underwriting decisions are accurately recorded on the relevant systems
Build and maintain strong relationships with mortgage brokers, solicitors and third-party suppliers
Work closely with internal teams to ensure cases progress efficiently and within agreed timescales
Ensure all underwriting decisions comply with FCA regulation, company policy, responsible lending and risk requirements
Maintain high levels of service while managing a busy caseload and working to deadlines

Experience and skills required for the role of 2nd Charge Underwriter:

Proven manual underwriting experience within a mortgage lender, with experience holding an underwriting mandate/delegated authority
Experience underwriting second charge and/or residential mortgage applications, with strong credit assessment and lending judgement
Good understanding of FCA regulation, responsible lending and risk requirements, with strong attention to detail and the ability to make sound lending decision For more information regarding the role of 2nd Charge 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