Mortgage Underwriter, BTL

My client is a mid sized European Bank. Looking to hire a Credit Underwriter/Analyst who will be responsible for underwriting BTL/Commercial loans JOB PURPOSE Credit underwriter will be a key interface in the creation and delivery of credit products and solutions and will also interact with Second line Risk Management – Credit on a regular basis, quickly ensuring a broad knowledge of risk management policies and the Bank’s lending practices.

Credit Underwriter will work closely with Branch and Relationship Managers to assess clients’ credit requirements, to manufacture credit solutions that meet those requirements. Work closely with Branch/Relationship managers, Risk Management and other key Bank partners in identifying, structuring, analysing, negotiating, documenting, delivering and monitoring credit solutions in addition to the retention of facilities in the existing credit book. Responsible for underwriting BTL/Commercial loans and presentations Credit Committee.

Completes annual reviews, modifications, extensions, renewals, and new loan requests for customers with minimal required changes from the credit approvers. Continuous focus on on-going process improvement to improve efficiencies and the Bank’s ability to compete and win vs our competitors. Implementation of streamlining, automation or otherwise improve existing processes and practices. Particular focus on speed and quality of decision making in credit underwriting process.

Ensure effective collaboration between teams including Branch/Relationship managers and Risk Management. Management of risk, pricing of transactions and profitability of credit book within geographical target parameters. Provide reports on portfolio, identify and recommend risk mitigation actions through ongoing surveillance of portfolio. Able to complete credit portfolio weekly/monthly reportings. Identify and implement opportunities for improved business operations, partnerships and client satisfaction.

Ensure continued alignment of the credit portfolio with and risk strategies and the Bank’s risk policies and procedures. Frequently involved in working with other teams within the business to help grow the credit book. Strong “outside the box” thinker and attention to details who can work with clients and Branch/Relationship Managers to structure optimum credit solutions within the Bank’s risk appetite and lending parameters.

Work with other members of the credit team to help structure transactions and ensure that credit facilities are underwritten to a high standard. Responsible for all internal credit correspondence originated by their team, including transactions, the ongoing risk analysis of the borrower and the transaction, customer rating assessment and recommendation. Work with internal partners to implement controls and meet monitoring conditions.

Demonstrate a good credit underwriting knowledge EXPERIENCE / SKILLS / KNOWLEDGE Minimum of 2-5 years credit experience.

Experience of underwriting BTL mortgages & Commercial loans. Sound knowledge of general banking, relevant regulatory requirements, the Banking Act and Code of Practice. Sound credit judgement. A responsible, enthusiastic, self-motivated and flexible approach to work. A demonstrable ability to work carefully and accurately at all times. Knowledge and understanding of relevant risk, compliance and audit standards. Excellent Microsoft Office Skills. Advanced Excel skill , ideally VBA knowledge.

Good data analysis skills. Microsoft Power BI knowledge a plus.