Mortgage Underwriter

Recruiter
Vernon Building Society
Location
Cheshire
Salary
Competitive
Posted
10 Jun 2021
Closes
11 Jun 2021
Contract Type
Permanent
Hours
Full Time

Based: Stockport, SK1

Permanent: Full-time

Salary: GBP28,000 per annum (mid-market reference based on skills & experience) plus full employee benefits

An exciting opportunity has arisen for an experienced Mortgage Underwriter to join our increasingly busy new lending team based at the Society's head office. The role will be suitable for someone looking to further develop their skills and knowledge, or who wishes to more fully utilise their experience.

It will particularly appeal to anyone who thrives on achieving deadlines, who relishes taking responsibility for personally underwriting mortgages and who excels within a small dynamic team and wishes to contribute to the continued success of the Vernon.

Vernon Building Society is proud of its 97-year heritage and our vision is to be 'The first choice for mortgages, savings and employment in Stockport and to be the preferred choice for specific need/bespoke mortgages in England and Wales'.

The Role:

As a Mortgage Underwriter you will be expected to use your judgement, knowledge and experience to personally assess and individually underwrite applications for many types of residential lending and buy to let lending. You will need to deploy sound decision making using appropriate flexibility and with good customer care and relationship skills, whilst ensuring we operate within our risk appetite.

The role involves positively liaising with our sales teams, and professionally interacting with mortgage intermediaries who provide the majority of our new business.

The ideal person will be confident and personable and with a positive approach to delivery of good customer and commercial outcomes.

Desirable Skills and Experience:

Be conversant and competent to underwrite residential and buy to let mortgage applications in line with the Society's Lending Policy and Lending Criteria and Risk Appetite. Competence will need to be achieved under our Training & Competence Scheme.

The candidate should have proven experience in an underwriting or credit risk role in the secured lending market and possess a good knowledge of mortgage regulation. Ideally, the applicant would have previously held a lending mandate and had the autonomy to make lending decisions. CeMAP (or an equivalent professional qualification) is desirable, although support in achieving this may be available.

You should have sound analytical and decision-making skills with a strong attention to detail, a high level of numeracy and literacy and good information technology skills. Good verbal and written communication skills are required. There is a need to be highly organised, with the ability to be flexible and adaptable to prioritise changing workloads.

Package:

GBP28,000 per annum (mid-market reference - depending upon skills and experience)

Pension scheme (after probationary period) 7.5% employer contributions rising to 10% after 2 years

Salary exchange for pensions arrangement

4 x salary death in service benefit (after probationary period)

25 days holiday (plus statutory bank holidays), increasing to 27 days after 2 years

Health Cash-Plan

Cycle to work scheme

Retail discounts package

If you wish to apply, click the apply button and attach your CV with a covering letter, the closing date for receipt of applications is 30th June 2021.

The Society reserves the right to close the receipt of applications earlier in anticipation of large application volumes.

General Data Protection Regulations requires us to tell you how we collect, store and process personal data, when registering your interest with us. For full details about what data we collect about you, please either look at our recruitment privacy notice on our website or alternatively please contact me and I will arrange for a copy to be sent via email or post.

We hold your personal data on file for a period of 12 months (unless you request otherwise), following this your data will be erased. You can withdraw consent at any time, to do this, please email or write to us with your request.

Vernon Building Society is committed to promoting equal opportunities in employment. Any applicant will receive equal treatment regardless of age, disability, gender reassignment, marital or civil partner status, pregnancy or maternity, race, colour, nationality, ethnic or national origin, religion or belief, sex or sexual orientation (Protected Characteristics).