Jobseeker

Lloyds Banking Group is recruiting a Mortgage Underwriter based at 24 Monument Street, London. This is a full-time role (37.5 hours per week) operating under a hybrid model (2 office days and 3 remote days weekly).

Role Overview

You will assess residential mortgage applications, ensuring responsible lending practices and compliance with FCA regulations.

Key Responsibilities

Review mortgage applications and supporting documentation
Assess applicant affordability and creditworthiness
Analyse credit reports and financial statements
Apply lending policy guidelines
Conduct risk assessments and decision-making
Liaise with brokers and relationship managers
Identify fraud indicators
Ensure compliance with FCA responsible lending rules
Prepare underwriting decision reports
Maintain accurate system documentation
Monitor pipeline volumes and SLAs
Escalate high-risk applications
Participate in policy review discussions
Support audit and compliance reviews
Education & Certifications

Mandatory:

Experience in mortgage underwriting
Optional:

CeMAP qualification
Financial services regulatory training
Credit risk certification
Compliance

FCA Mortgage Conduct of Business (MCOB)
Anti-money laundering standards
GDPR data protection requirements