Underwriter

Recruiter
Anonymous
Location
Solihull
Salary
20000.00 - 25000.00 GBP Annual + GBP20000 - GBP25000/annum
Posted
16 Mar 2017
Closes
13 Apr 2017
Category
Accounting
Function
Consultant
Contract Type
Permanent
Hours
Full Time
Underwriter

West Midlands

8.30-5.30pm

Salary up to GBP25,000

My client are looking for a talented new candidate to join there underwriting team, If you have underwriting experience, a knowledge of the mortgage lifecycle or are quick to learn, analytical and a logical thinker, then I want to hear from you.

Purpose of the role

To assess, analyse, underwrite and process all new buy-to-let mortgage applications from receipt of application through to offer of loan. You will be required to maintain service levels whilst ensuring the companys credit policy and procedures are adhered to.

Duties and responsibilities

- Assessment of mortgage applications and preparation of detailed risk analysis

- Communicating directly with financial intermediaries and customers, providing underwriting decisions and case updates

- Analysing and assessing all pre-completion incoming post

- Assessing willingness and ability to pay

- Analysing bank statements and company accounts accurately

- Reviewing and assessing valuation reports

- Carrying out Know You Customer (KYC) verification checks

- Collating and analysing all documentation and assessing overall risk and decision

- Preparing detailed summary and recommendation

- Assessing Transfer of Equity requests

- Reviewing and approving retention release requests

Skills

- A knowledge of the mortgage lifecycle

- Business awareness and knowledge of the buy-to-let mortgage industry

- Ability to assess and apply sound risk assessment to each stage of the application process

- Understanding of criteria and the ability to apply credit policy and lending guidelines to underwriting decisions

- Ability to assess bank statements, company accounts and cash flow forecasts

For more information please email Lucy on