Average Finance Underwriter salary in the UK

Underwriter - Specialist Finance (Bridging and Development) Location: Manchester Key Responsibilities: Assess and evaluate applications in the specialist finance space, with a specific focus on Bridging and Development. Background with a specialist lender, demonstrating a deep understanding of the intricacies of this sector.Additional experience in underwriting term/BTL (Buy-to-Let) products, would be a benefit.Collaborate effectively within our fantastic team, contributing to a positive and dynamic working environment. Requirements: Minimum 3 years of underwriting experience in the specialist finance.Additional experience in underwriting term/BTL products.A high calibre professional with a proven ability to make sound underwriting decisions.Excellent team player with strong interpersonal and communication skills. Additional : Competitive salaryA supportive and collaborative team environment.Opportunities for professional growth and development.Beautiful offices located in Manchester, providing an excellent working environment. If you are passionate about specialist finance, experienced in underwriting, and eager to be part of a fantastic team, we would love to hear from you

Job Title: Mortgage Underwriter Location: Watford Salary: Competitive and based on experience Hours: Monday to Friday 9 am to 5:30 pm Benefits: Contributory Pension schemePrivate Medical HealthcareLife AssuranceDental PlanFree eye testsAnnual leave purchase schemeSocial eventsRefreshments25 days annual leave with bank and public holidays on topPerk boxSuperb development opportunities About our Client: Our esteemed client is a distinguished specialist lender, renowned as one of Europe's most rapidly advancing leaders in property finance and specialised lending. With a results-driven mindset, they consistently strive to exceed expectations and deliver outcomes that go above and beyond with the customer always in mind. Demonstrating their commitment to fostering a vibrant work environment, they have made substantial investments in their office space, ensuring it serves as an optimal setting for their dedicated staff to not only work but also thrive. They have a sun terrace with a pergola and seating, an atrium breakout space, a coffee point, 72 new cycle storage points and changing facilities. This forward-thinking company has expanded its Learning and Development function. This expansion shows their dedication to enhancing the skill sets of their valued team members. The commitment to supporting their employees' educational pursuits is evident in their generous backing of CeMap study. Beyond professional development, they actively promote a positive workspace by organising regular social events and embracing dress-down Fridays. About the role: This job opportunity is ideal for an underwriter with prior experience in a brokerage or packaging setting, eager to refine their skills within a mortgage lending environment. Additionally, seasoned residential or 2nd charge underwriters from lending institutions seeking advancement opportunities will find this position appealing, particularly if they aspire to grow into leadership roles.You will be required to take ownership of allocated cases from inception through to completion.The salary is negotiable based on the level of experience. Responsibilities: Enter and update borrower data on the lending platform.Ensure all aspects of the loans are recorded accurately on the CRM and meet underwriting guidelines.Assess the mortgage application to ensure all aspects of our underwriting criteria are met.Provide concise and accurate updates to brokers.Proactively chase brokers for outstanding requirements.Ensure all underwriting is in line with Company policy and within regulation.Ensure that all cases are Underwritten within the group's Risk appetite.Build good relationships with 3rd party suppliers including brokers and solicitors to assist in the smooth flow of business.Maintaining a pipeline of cases, overseeing cases from inception through to completion.Maintain broker relationships that are integral to the growth Experience required: Experience gained in residential or second-charge mortgage packaging or underwritingAble to work in a fast-paced environmentBe results-drivenHave good problem-solving skills Trusting Stellar Select: At Stellar Select, our commitment goes beyond recruitment; it's about crafting experiences that elevate your career journey. We take pride in delivering excellent services to our candidates and always going the extra mile to ensure your success. Our foundation is built on openness and transparency. We believe in clear communication with everyone we work with, fostering an environment of trust, honesty and fairness. Embark on your career journey with confidence, knowing that our services are designed with your success in mind. Here's what our complimentary service includes: Expert Consultants: We are your allies, dedicated to understanding your goals and guiding you toward success. Industry Expertise: Benefit from our in-depth knowledge of the industry, providing you with insights that set you apart in your career. 1-2-1 Experience Discussion: Your experiences matter. Engage in personalised discussions about your journey and how it aligns with the job role. Interview Preparation: Step into interviews with confidence. We provide thorough preparation to ensure you shine in every interaction. Negotiation of Job Offers: We'll manage the negotiations on your behalf, aiming for offers that align with your expectations. Market Insights: Stay informed with the financial market insights that empower you to make informed career decisions. Recruitment Process Updates: No more uncertainty. We keep you in the loop with regular updates on your recruitment process. Matching to Other Roles: Your journey doesn't end with one opportunity. We explore matches to other roles based on your experience and interests. Referral Programs: Spread the word and be rewarded. For more information regarding the role of Mortgage Underwriter please contact us Stellar Select is acting as an employment agency and is a corporate member of the REC

Kennedy Pearce are partnering with a London based Private Bank who offer Hybrid working in recruiting a Bridging Underwriting Manager JOB FUNCTION To be responsible for supporting, managing and motivating a team of Bridging Underwriters to meet key objectivesTo be responsible for maintaining credit quality within the Bridging department.Managing the Underwriters in the maintenance of credit standards and liaising with Quality Assurance in respect of ongoing monitoring and reporting KEY RESPONSIBILITIES Make lending decisions in line with Credit Risk Policy, Bridging Lending Procedures and individual mandate levelWork alongside the Heads of Unregulated/Regulated Underwriting and Quality Assurance to provide training to the Underwriting TeamWork alongside the Sales Team to provide deal structure guidance and underwriting supportReview and sign off of Credit Paper submissions, Offer Letters and files for completionMonitoring of Underwriter's WIPs to ensure the appropriate allocation of cases across the team * Ensure that applications are progressed within the designated SLAs as per the Business Standards documentComplete people management activity within the team, including monthly 1 to 1's, performance monitoring and objective reviewsAdhere to internal policy and regulatory requirements - FCA, PRA, AML, Prevention of Financial Crime, and Data Protection etc. ESSENTIAL EXPERIENCE REQUIRED Previous managerial experience of an underwriting, credit or lending team within a bridging/mortgage environmentHeld a lending mandateAbility to collaborate, build trust and influence at all levels Strong understanding of the regulatory environmentManaging and prioritising work for a team of people