Purpose of Role
The purpose of the Mortgage Underwriter is to conduct credit analysis and support the underwriting of mortgages and ensure that risk and credit worthiness is assessed in line with the company’s credit policy.
Duties and responsibilities
• Prepare, review and analyse the creditworthiness and risk implication of lending applications ensuring adherence to policy and process measures
• Assess credit reports, proof of income, bank statements, statement of affairs, and any other supporting documentation at the borrower level.
• Ensure the accuracy and completeness of all data supporting applications as per agreed policy and criteria.
• Provide high levels of service to both internal and external customers
• Proven ability to assess income and risk implications across both employed and self employed customer segments in line with CBI Mortgage Market Rules and credit policy
• Develop clear conditions of offer and provide support to external completions staff as needed to verify adherence before drawdown
• Develop collections and forbearance treatment strategies for customers in arrears and liaise with operations staff to execute these strategies via a regulated collections process.
Skills/Experience
• Significant experience in mortgage new business underwriting
• Most recent experience must include holding of a personal delegated authority
• Strong customer orientation and communication skills – confident to communicate clearly with Broker channel
• QFA or APA
• Experience working in mortgage arrears (ASU) is desirable
• Full understanding of the regulatory environment for mortgages
• Ability to make sound decisions based on business needs.
• Have a willingness to take necessary actions and decisions to meet objectives.
• Ability to tackle a problem by using a logical, systematic, sequential approach.
• The ability and desire to work co–operatively with others on a team
For more information please reach out to me directly [email protected] or 0872022512. #LI-RW1
