Full Time Permanent

South Wales Jobs

Job Title: Underwriter

Location: Cardiff

Salary: Depending on experience


25 Days rising to 30 days with service
Contributory pension scheme (matched up to 6%)
Life Assurance
Private Medical Insurance
Holiday buy/sell scheme (up to 5 days)
Cycle to work
Season ticket loan
Discounted gym membership
Retail discounts
Discounted car parking
Eye care reimbursement
Employee Assistance Programme
Recognition awards (SPICE Programme & ABCD awards)
Social events such as paid for Summer/Christmas PartiesAbout the role of Underwriter

Our client is a rapidly growing Specialist Mortgage Lender, who offer First and Second Charge Residential and Buy to Let Mortgages. We have an exciting opportunity for an Underwriter with a keen interest in mortgages to join the Second Charge Buy to Let Underwriting Team. The successful candidate will receive training and development to become a Mandated Underwriter. the purpose of the role is to be able to accurately underwrite a minimum number of second charge mortgage cases on an ongoing basis with the objective of making mortgage offers in line with Departmental objectives.

This will be achieved through the assessment of the applicant data input into the decisioning system, and the documents submitted in support of the application followed by the creation of the lending rationale that will accurately summarise the key elements of the application.

Responsibilities for the position of Underwriter

Accurately assess the risk on second charge loan applications ensuring that the loan is affordable, plausible and sustainable.
Compose logical lending rationales for all cases reviewed.
Minimise the risk to the business and the applicant with a strong focus on fraud avoidance.
Agree exceptions within mandate, ensuring that an appropriate lending rationale is applied to each case.
Provide a high level of customer service at all stages of an application to brokers, customers and third parties.
Maintain and demonstrate an awareness of external factors and market conditions which may affect underwriting decision making.
Ensure that regulatory requirements are adhered to throughout the process and in all contact with customers, brokers and third parties.
Accurately prepare secured loans for offer within agreed timescales.
Adhere to compliance and data protection policies.
Recommend changes and improvements to policies and procedures.Experience required for the position of Underwriter

Underwriting experience with a keen interest in the mortgage sector
Could also consider non-mandated Mortgage Underwriters
Must be a team player.
Must be willing to learn
Ability to work in a fast-paced environment.
Ability to use own initiative.
Must have great written communication skills.
Proven experience in working with SLA's.
Ability to effectively manage workload.
Proven experience of delivering a great level of service.For more information regarding the role of 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


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