Underwriter

Job Title: Buy-to-Let Underwriter

Location: London Hybrid 2 days WFH

Salary: Up to £55,000

Working Hours: Monday to Friday 9 am to 5.30 pm

Benefits:

25 Days Holiday + Bank/Public holidays
Pension scheme
Private healthcare
Discretionary Bonus
Other flexible benefits About the role of Underwriter:

Join a growing, intermediary-only specialist lender as a Buy to Let Underwriter, working as part of a busy Buy to Let team. You'll manually underwrite a range of specialist and more complex cases, assessing and approving mortgage applications in line with lending policy. Managing a varied pipeline, you'll make clear, commercially sound decisions and confidently explain your rationale, particularly on more complex deals.

Responsibilities required for the role of Underwriter:

Ensure all new lending proposals are underwritten in accordance with the Company's Lending Policy, with any exceptions clearly documented and approved by the appropriate senior signatories
Provide clear, concise lending recommendations to senior signatories for proposals requiring exceptions or falling outside mandate parameters
Prepare and present Credit Papers to the Credit Committee for high-value transactions
Review, assess and appraise both short- and long-form valuation reports
Liaise with intermediaries on new enquiries and proposals, clearly communicating underwriting requirements and/or reasons for decline
Work closely with Pipeline and Completions Managers to ensure underwriting requirements and special conditions are fully understood and appropriately appliedExperience required for the role of Underwriter:

A min of a year's experience in a Buy to Let Mortgage Underwriting role.
Held a mandate for £350K +
Experience of presenting proposals to senior signatories
Knowledge of different property asset types, including HMO, Multi Unit Freehold blocks, office to residential- permitted development schemes
Pragmatic approach to lendingFor more information regarding the role of Buy-to-Let 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
Only candidates based in UK and eligible to work in UK are allowed