Underwriting Systems Support Full-time Job
Aug 23rd, 2023 at 14:53 Financial Services Medway 124 views Reference: 62Job Details
Full job description
The underwriting systems & data team is made up of specialists who provide daily support to a multi-disciplined underwriting department as well as stakeholders from all around the business.
We are looking for someone who has great attention to detail, problem solving skills and enjoys working in a fast-paced environment.
About Us:OSB Group is a leading specialist mortgage lender, primarily focused on carefully selected segments of the mortgage market. Our specialist lending is supported by our Kent Reliance and Charter Savings Bank retail savings franchises. Diversification of funding is provided by sophisticated securitisation platforms. OSB’s unique cost-efficient operating model is supported by our wholly-owned subsidiary OSBIndia.
What you will be doing:In this role, you will have the opportunity to support the core Underwriting function with technical queries, Model Office testing to ensure that systems meet requirements once developed and/or tested. User access management is also a core purpose of the role.
In this friendly and supportive environment, you will have assistance to reach your professional goals whilst supporting an integral component of the Banks success.
Your responsibilities will include…
- Authorising and maintaining mortgage system users in line with role requirements.
- Writing/updating process manuals on underwriting systems.
- Liaising with Underwriting Systems and Data Team Manager, testing team and the business to scope, schedule and complete testing activities as required;
- Supporting system releases by providing post release live proving or return to live testing (sometimes outside of core business hours).
- Undertaking Model Office testing.
- Providing support with modernisation with GAP analysis and testing as required.
We offer a base salary dependent on experience of between £24,000-£30,000 and a competitive benefits package including:
- Discretionary annual bonus opportunity of up to 12.5%
- 28 days annual leave plus bank holidays
- Contributory pension (8% employer 5% employee)
- Life Assurance (4x salary) plus Group Income Protection
- Access to Private Medical Insurance and Medical Cash Plan
- Maternity & Adoption Leave – Occupational Maternity/Adoption Pay provided at 100% of salary for the first 13 weeks and at 50% of salary for the next 13 week period.
- Paternity Leave – 4 weeks of paid leave to be taken within 8 weeks of childbirth.
- Additional benefits such as Hybrid working, Cycle Purchase scheme, Technology Purchase scheme, Season Ticket Loan, Holiday purchase / sell schemes, Employee Perk Portals, Payroll giving and Save as you Earn scheme.
We are looking for talented individuals who have the experience and knowledge set out below:
- Analytical experience in a similar role.
- Basic knowledge of the mortgage lifecycle.
- Intermediate skills in respect of using Microsoft applications (in particular Word and Excel).
- Verbal and written communication skills.
We also believe that your career and how you progress is as unique as your individual personality. We continually support our people so they can become the best version of themselves.
What to do next:OSB Group are dedicated to diversity in the workplace and committed to treating all our employees and job applicants equally. We embrace equal opportunities and are opposed to discrimination on any grounds.
As part of our public commitment to the Women in Finance Charter, we have introduced our own initiatives to attract, develop and advance senior women in our sector. We don’t stop there though, we have broadened our approach to encourage diversity and inclusion at all levels and in all roles. Our leadership and Executive Committee are right behind us, to the extent that our Diversity Champions sit at Board level and on a monthly basis receive updates on our progress.
All applicants must have rights to work in the UK and be willing to undertake the relevant pre-employment screening checks should your application be successful.
Company Description
With a heritage dating back over 150 years, OSB floated on the London Stock Exchange in June 2014 and joined the FTSE 250 one year later.
2019 marked an exciting period of growth with the combination of OSB and Charter Court Financial Services, taking The Group's individual brands to 13, including Kent Reliance, Precise Mortgages, InterBay Commercial, Heritable Development Finance, and Charter Savings Bank.
OSB Group focuses its specialist lending activities on selected sub-sectors of the lending market in which it has an established presence and expertise. These include private rented sector buy to let, commercial and semi-commercial mortgages, residential development finance, bespoke and specialist residential lending, secured funding lines and asset finance.
Predominantly funded by retail savings originated through online and direct channels, The Group originates almost all of its organic lending through specialist intermediaries. Its differentiated through its use of highly skilled, bespoke underwriting and efficient operating model.
The majority of the Groups administrative support functions are performed by its wholly owned operations in Bangalore, India.
