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