Underwriting Team Leader - Commercial
Lead a skilled commercial underwriting team, approve complex lending within risk appetite and strengthen broker relationships while supporting people and process excellence.
Underwriting Team Leader - Commercial
Key Purpose
The overall responsibility of the role is to manage a team of underwriters ensuring service levels and accuracy are maintained within the department. This is a mandated role which requires all loans to be approved in accordance with the division's Credit Risk Appetite.
Key Accountabilities
Manage & support a team of Underwriters.
Develop staff and promote self-improvement within the team.
Maintain broker relationships that are integral to the growth of WOSL.
Promote our Team Ethic.
Maintain and review all internal process documents ensuring the relevant information used by the underwriting team is captured.
Take ownership of UAT testing requirements of the business, ensuring the underwriting operating system functions as required.
Take ownership of product set up in Fusion ensuring accuracy is maintained and the products reflect the requirements of the business.
Ensure Quarterly One-to-Ones are carried out with the underwriters, ensuring all training and development needs are met.
Prepare and deliver six-monthly and Yearly appraisals.
Ensure all underwriting is in line with Company policy and regulation.
Underwrite large loan applications (above £750K) and maintain a pipeline of cases.
Be a referral point for Underwriters and broker support for queries on applications.
Liaise with introducers, valuers and solicitors ensuring excellent working relationships are maintained.
As a Mandate holder, ensure all cases are approved within the Group's Risk Appetite.
Skills & Competencies
Excellent Leadership skills.
Ability to work as part of a team.
Pass internal competency tests post induction.
High attention to detail.
Good written and verbal communication skills.
Knowledge & Qualifications
A strong understanding of FCA regulation.
Current or Previous Mandate Holder with a Lender in the second charge secured loan market.
A minimum of 5 years' experience underwriting mortgage applications for a Lender, specifically within the commercial loan market.
Experienced in managing people.
CeMAP (desirable, not essential).
Minimum of 5 GCSEs A-C (including Maths and English).
Personal Attributes
Flexible
Articulate
Well organised
Robust and comfortable working to deadlines and under pressure
- Department
- West One Loans
- Locations
- Manchester
- Employment type
- Full-time
About Enra Specialist Finance
At Enra we believe that working together collaboratively is the best way to serve our customers and develop our colleagues. We are very focused on developing and maintaining our culture and remaining dedicated to the CREDIT values on which Enra was built: Customers, Results, Energy, Development, Invention and Teamwork. We live and breathe these values every day and want to ensure they underpin our future success. So, if you want to build a career in specialist finance, with an employer focused on providing brilliant customer service, lending responsibly, and creating a great office environment to develop its people, then look no further than Enra.