Logo of Huzzle

Home

Matches

Explore

Manage

Mortgage Underwriter

image

NatWest Group

Jan 11

Applications are closed

  • Job
    Full-time
    Mid & Senior Level
  • Data
    Banking & Finance
  • Chennai

Requirements

  • With experience in UK residential mortgages and thorough knowledge of the end-to-end mortgage lifecycle, you’ll be well organised and able to prioritise.
  • You’ll need to be highly productive while maintaining a quality service and be able and willing to contribute to system improvements, along with process and development changes.
  • Additionally, you’ll need:
  • Excellent data analysis skills to make sure we lend responsibly and within risk appetite
  • A high mathematical aptitude, plus good verbal and written communication skills
  • Proficiency in Microsoft Office and automated underwriting systems

Responsibilities

  • In this rewarding role, you’ll make mortgage lending decisions that help our customers achieve their home-owning ambitions
  • You’ll make sure that our lending decisions are made in accordance with current risk appetite, process, and procedures
  • You’ll support and guide colleagues on all matters relating to mortgage underwriting and completion
  • At the heart of this role is the responsibility of making loan eligibility decisions and approving or rejecting applications in accordance with our lending and credit policy
  • You’ll need to be comfortable with managing high volumes of applications and working to service-level agreements, to make sure we’re providing an efficient and effective service
  • And you’ll have a keen eye for detail to analyse credit documents such as credit history and income documents, property valuation, and all necessary compliance documents to assess the application
  • Make sure we’re compliant with Mortgage Conduct of Business standards, and our credit policy
  • Collect and record customer information in a timely manner to ensure efficient processing of applications
  • Identify risk factors, including fraud red flags to determine or verify misrepresentation
  • Actively participate in initiatives to improve customer service, processes, and procedures
  • Use your knowledge and experience where the mortgage application requires a more bespoke and considered approach to achieve the right outcome for customers and the bank

FAQs

What is the primary responsibility of a Mortgage Underwriter?

The primary responsibility of a Mortgage Underwriter is to make loan eligibility decisions and approve or reject mortgage applications in accordance with lending and credit policies.

What qualifications are required for the Mortgage Underwriter position?

Experience in UK residential mortgages and a thorough knowledge of the end-to-end mortgage lifecycle are required, along with excellent data analysis skills, a high mathematical aptitude, and proficiency in Microsoft Office.

How does the role contribute to customer service?

The role contributes to customer service by actively participating in initiatives to improve processes and procedures, ensuring quick and accurate processing of applications, and using knowledge to achieve the best outcomes for customers.

What skills are essential for this role?

Essential skills for this role include strong data analysis capabilities, good verbal and written communication skills, excellent organizational skills, and the ability to manage a high volume of applications efficiently.

What type of documents will I need to analyze as a Mortgage Underwriter?

You will need to analyze various credit documents such as credit history, income documents, property valuations, and necessary compliance documents.

Are there specific compliance standards that must be adhered to?

Yes, compliance with Mortgage Conduct of Business standards and the organization's credit policy is essential.

Is this position focused on individual contributions or teamwork?

The position involves both individual contributions, such as making independent lending decisions, and teamwork by guiding colleagues on mortgage underwriting matters.

What tools or systems will I need to be familiar with?

Proficiency in Microsoft Office and automated underwriting systems is required for this role.

How does this role support risk management?

The role supports risk management by identifying risk factors, including fraud red flags, and ensuring responsible lending within the organization's risk appetite.

What is the expected work pace for a Mortgage Underwriter?

The expected work pace is high, as you will need to manage a significant volume of applications while meeting service-level agreements.

image

NatWest Group

A relationship bank for a digital world. We champion potential.

Finance
Industry
10,001+
Employees
1968
Founded Year

Mission & Purpose

We’re a business that understands when our customers and people succeed, our communities succeed, and our economy thrives. As part of our purpose, we’re looking at how we can drive change for our communities in enterprise, learning and climate. As one of the leading supporters of UK business, we’re prioritising enterprise as a force of change. We’re focusing on the people and communities who have traditionally faced the highest barriers to entry and figuring out ways to remove these. Learning is also key to our continued growth as a company in an ever changing and increasingly digital world. By setting a dynamic and leading learning culture, our people prosper, and our customers are given the tools to continue to improve their financial capability and confidence. One of the biggest challenges we all face in our future is climate change. That’s why we’ve put it right at the core of our purpose. We want to champion climate solutions with financing and entrepreneurial support, fully embed climate into our culture and decision making, and be climate positive by 2025. We’re committed to using our purpose to break down barriers, drive change and ultimately create a great place to work.

Get notified when NatWest Group posts a new role

Get Hired with Huzzle

Discover jobs with AI-powered precision. Autofill and track applications, create tailored resumes, and find the best opportunities across the web – all by simply chatting.

Already have an account?