The overall responsibility of the role is to underwrite loan applications in accordance with the firm's lending criteria, policies and procedures. Key Accountabilities Underwriting and assessing loan documentation, including valuation reports and requesting additional information from brokers where required, highlighting any concerns Carrying out checks on the applicants and properties and assessing their suitability for the loan applied for Proactively manage a pipeline of mortgage applications which will include chasing outstanding information from third parties and providing timely updates to introducers which will help ensure service excellence is maintained Recommending and referring cases to Credit Committee where credit committee approval required. Liaising with introducers, valuers and solicitors Overseeing cases from inception through to completion Skills & Competencies Pass internal competency tests post induction Attention to detail Ability to work as part of a team Good written and verbal communication skills Knowledge & Qualifications A strong understanding of FCA regulation Experience underwriting mortgage applications, specifically within the BTL market. CeMAP (desirable, not essential) Personal Attributes Flexible Articulate Well organised Robust and comfortable working to deadline and under pressure Values - CREDIT C Customer Customers are our primary focus R Results Results matter, create value every day E Energy Energy is contagious, Share it! D Development Developing our people makes us different I Invent Invent the solution, be proactive T Teamwork Together we can build the business
Dec 19, 2022
Full time
The overall responsibility of the role is to underwrite loan applications in accordance with the firm's lending criteria, policies and procedures. Key Accountabilities Underwriting and assessing loan documentation, including valuation reports and requesting additional information from brokers where required, highlighting any concerns Carrying out checks on the applicants and properties and assessing their suitability for the loan applied for Proactively manage a pipeline of mortgage applications which will include chasing outstanding information from third parties and providing timely updates to introducers which will help ensure service excellence is maintained Recommending and referring cases to Credit Committee where credit committee approval required. Liaising with introducers, valuers and solicitors Overseeing cases from inception through to completion Skills & Competencies Pass internal competency tests post induction Attention to detail Ability to work as part of a team Good written and verbal communication skills Knowledge & Qualifications A strong understanding of FCA regulation Experience underwriting mortgage applications, specifically within the BTL market. CeMAP (desirable, not essential) Personal Attributes Flexible Articulate Well organised Robust and comfortable working to deadline and under pressure Values - CREDIT C Customer Customers are our primary focus R Results Results matter, create value every day E Energy Energy is contagious, Share it! D Development Developing our people makes us different I Invent Invent the solution, be proactive T Teamwork Together we can build the business
The Trainee Underwriter role has been created to give someone with no industry experience the opportunity to learn about the mortgage lending industry and to gain the necessary skills and experience to become an Underwriter. Working closely over a 12-month period with an experienced member of the underwriting team, your time will be spent learning the wide array of skills involved in secured lending across residential and commercial property in the UK. This opportunity will help you to obtain new skills and if you satisfactorily complete the 12-month training program, you will be offered an Underwriting role within our growing teams starting you on a career path within the group. West One Loans is a trusted provider of specialist property finance for residential and commercial properties. We offer regulated and unregulated first and second charge bridging loans and are one of the biggest privately funded bridging lenders in the UK. We also offer second charge residential and buy-to-let lending, and are committed to providing a broad range of specialist finance solutions with the minimum of fuss. Key Accountabilities Learning how to make up case files including basic online searches such as Land Registry, Credit Searches, Company searches, Rightmove searches Understanding how to interpret the above searches and underwrite individual cases ensuring all aspects of our underwriting criteria are met. Data input and management into systems Build good relationships with 3rd party suppliers including brokers and solicitors to assist in the smooth flow of business. Learning how to assess valuation reports as well as monitoring surveyor reports for live construction projects Preparation of loan documentation Assisting underwriters and case managers with preparing credit papers Responsibilities may involve helping relevant teams streamline processes within the organisation All work is to be carried out in accordance with Enra Specialist Finance policies and procedures. Skills & Competencies Excellent attention to detail Positive attitude to develop and expand knowledge Strong organisational skills Ability to perform under pressure and meet deadlines Ability to handle difficult situations in a professional and helpful manner Knowledge & Qualifications Previous experience within a customer/client focused role desireable. GCSE Maths & English necessary. Personal Attributes Excellent communication skills Resilient and flexible Team Player Approachable and self- motivated In return, Enra Specialist Finance offers Full training and coaching provided A generous basic salary The opportunity to buy additional holiday Half day annual leave on your birthday week Perkbox subscription Private medical healthcare (Vitality) Company pension Free eye tests Dental plan Summer & Christmas parties
Dec 01, 2021
Full time
The Trainee Underwriter role has been created to give someone with no industry experience the opportunity to learn about the mortgage lending industry and to gain the necessary skills and experience to become an Underwriter. Working closely over a 12-month period with an experienced member of the underwriting team, your time will be spent learning the wide array of skills involved in secured lending across residential and commercial property in the UK. This opportunity will help you to obtain new skills and if you satisfactorily complete the 12-month training program, you will be offered an Underwriting role within our growing teams starting you on a career path within the group. West One Loans is a trusted provider of specialist property finance for residential and commercial properties. We offer regulated and unregulated first and second charge bridging loans and are one of the biggest privately funded bridging lenders in the UK. We also offer second charge residential and buy-to-let lending, and are committed to providing a broad range of specialist finance solutions with the minimum of fuss. Key Accountabilities Learning how to make up case files including basic online searches such as Land Registry, Credit Searches, Company searches, Rightmove searches Understanding how to interpret the above searches and underwrite individual cases ensuring all aspects of our underwriting criteria are met. Data input and management into systems Build good relationships with 3rd party suppliers including brokers and solicitors to assist in the smooth flow of business. Learning how to assess valuation reports as well as monitoring surveyor reports for live construction projects Preparation of loan documentation Assisting underwriters and case managers with preparing credit papers Responsibilities may involve helping relevant teams streamline processes within the organisation All work is to be carried out in accordance with Enra Specialist Finance policies and procedures. Skills & Competencies Excellent attention to detail Positive attitude to develop and expand knowledge Strong organisational skills Ability to perform under pressure and meet deadlines Ability to handle difficult situations in a professional and helpful manner Knowledge & Qualifications Previous experience within a customer/client focused role desireable. GCSE Maths & English necessary. Personal Attributes Excellent communication skills Resilient and flexible Team Player Approachable and self- motivated In return, Enra Specialist Finance offers Full training and coaching provided A generous basic salary The opportunity to buy additional holiday Half day annual leave on your birthday week Perkbox subscription Private medical healthcare (Vitality) Company pension Free eye tests Dental plan Summer & Christmas parties
