Credit Underwriting Officer
London
Permanent
Responsibilities and Main Duties
- Review and analyse residential real estate loan applications and supporting documentation.
- Assess the creditworthiness and financial stability of loan
applicants (usually Limited companies). - Ensure compliance with all company policies and regulatory
requirements (SS13/16). - Provide detailed recommendations to the Senior Credit Manager and the Bank’s Credit Committee on the strengths and weaknesses of each application.
- Support the Credit Administration Team in preparation of the
Facility Letter and other supporting documentation. - Identify and resolve any discrepancies in documentation or
information provided in support of loan applications. - Maintain accurate records of underwriting decisions and
supporting documentation. - Collaborate with the business team members to ensure smooth
loan processing. - Assist the Senior Credit Manager in management of the RRE
Portfolio including analysis of the performance of existing
facilities as part of the Bank’s annual review process. - Stay up-to-date with industry trends, regulations and best
practices in mortgage underwriting. - Provide support to the Credit Risk & Recoveries Manager in
managing non-performing loans and the debt management
process. - Provide accurate Management information as required.
- Ensure you are trained and comply with the Bank's Policy and
Procedures regarding Money Laundering detection and
reporting, and that any weaknesses identified in AML Procedures and Compliance is promptly addressed. - Ensure you are trained and comply with the Bank’s Policy and
Procedures regarding Consumer Duty and also Treating
Customers Fairly, and ensure good customer outcomes.
Required Competencies
- Excellent analytical skills and knowledge of financial accounts.
- Strong Microsoft Office skills.
- Flexible approach to meet changing requirements and the ability to perform under pressure within time constraints.
- Ability to work under pressure without compromising quality.
- Excellent written, oral communication and presentation
skills. - MS Office 365, Equation, Internet.
- Rating Agency reports.
Conduct rules for all staff
- Be open and cooperative with the Bank, the FCA, the PRA and other regulators.
- Pay due regard to the interests of customers and treat them fairly.
- Observe proper standards of market conduct and business conduct.
- You must take reasonable steps to ensure that the business of the firm for which are responsible is controlled effectively.
- You must take reasonable steps to ensure that the business of the firm for which you are responsible complies with the relevant requirements and standards of the regulatory system.
- You must take reasonable steps to ensure that any delegation of your responsibilities is to an appropriate person and that you oversee their effectively.
- You must disclose appropriately any information of which the FCA or PRA would reasonably expect notice.
- Ensure you are trained and comply with the Bank's Policy and Procedures regarding Money Laundering detection and reporting, and that any weaknesses identified in AML Procedures and Compliance is promptly addressed.
- Ensure you are trained and comply with the Bank’s Policy and Procedures regarding Consumer Duty and also Treating Customers fairly, and ensure good customer outcomes.
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