JOB ROLE: Responsibility and underwriting of credit proposals, primarily of Buy to Let
JOB RESPONSIBILITY:
- Underwriting portfolio landlords, SPV applications, HMO, Expat, Holiday let and standard BTL mortgage applications and good working knowledge of mortgage loan processing.
- Highly organised and able to prioritise activities.
- Detail-oriented with strong data analysis skills.
- To provide support to the CCO in all operational areas of the Retail Credit Department.
- Manage the assessment and processing of BTL cases, and the presentation of proposals to Risk Committees.
- Manage the review, assessment, investigation, and minimising of credit risks associated with loan applications in accordance with the Banks operating policies and procedures.
- Provide a clear rationale for agreeing or rejecting applications, prior to submitting to the CCO/Credit Committee
- Ensure the credit decisions are made within regulatory standards, credit policy and adhere to TCF principles and Customer First principles.
- Interacting with Valuation firms/Legal firms/ and external vendors e.g., BEP, LMS, Experian, Connells, to ensure successful completion the loan application.
- MIS preparation and submission to the management as per the requirement
- Complying with various policies of the bank like credit policy, AML/KYC Risk matrix
COMPETENCY:
- Good communication skills, both verbal and written.
- Knowledge of Microsoft Office products
- Knowledge of UK regulatory framework, principles, and rules
- Knowledge of UK lending environment
- Having relevant experience in underwriting or assessing credit proposals in BTL.
KEY INTERACTIONS/NETWORKS
• Case Managers
• BDM’s
• Product Dept
• Compliance and Audit
• Credit Admin
• CCO /CBO
• BTL Team Leader
• Risk Department
• Co-ordination of stakeholders, both internal and external
REPORTING RELATIONSHIP
• Reports to BTL Team Lead
PERSON SPECIFICATION
• Positive attitude and ability to work under timelines and customer pressure on an efficient and friendly manner.
• Ability to work alone or as part of a team in a fast-paced environment.
• Enthusiastic and willing to accept new challenges.
• Careful and diligent with good attention to detail
• Ability to take a measured view, balancing risk management against business need.
• Ability to clearly articulate opinions and summarise complex arguments
