Job Title: Trainee Underwriter
Working Pattern: Monday to Friday, 36.25 hours per week
Salary: £28,000 - £30,000 and up to 20% bonus and benefits
Location: Hybrid from our Blackpool office

There is a requirement for you work from the office up to 5 days per week while you are pre-competent/ training.

At Tandem, we're not just a bank; we're a movement for positive change. If you're an ambitious and dedicated Trainee Underwriter, ready to make an impact, we've got a space with your name on it!

The Trainee Mortgage Underwriter is responsible for underwriting mortgage applications in line with lending policies, TCF principles and other relevant regulatory requirements. They’ll work within a team to positively contribute to the delivery of departmental and business key performance objectives, along with liaising with relevant internal and external stakeholders to maintain quality relationships.

We are Tandem - Where impact meets innovation

Tandem is the UK's greener digital bank on a bold quest to revolutionise the way we save, borrow, spend, and share – all while nurturing our planet, our people and our customers. As one of Europe’s fastest growing digital banks, our values of being Brave, Enterprising, Simple, and Together (BEST) ensure our 500-strong team collaborate to drive a brighter, greener future.

Tandem also leads the way with a secondary app called Loop. Loop gives customers a simpler, hassle free and awkward free way to share money among friends.

Your team: Collaborators in change

Tandem is proud to offer a workplace with diverse experiences, perspectives, and backgrounds which leads to a unique company culture for our people and a better experience for our customers.

The Mortgage Division is a leading provider of specialist mortgage products in the UK intermediary market. We provide a wide range of products that satisfy the market’s demand and have a reputation for providing excellent service, building strong relationships and being experts in our field.

Your Impact: Building a greener tomorrow

As a Trainee Underwriter at Tandem your focus will be on:

• Individual performance and contribution to achieve KPI’s set by the business.
• Owning individual performance and personal development.
• Accurately assessing income sources, bank statements, credit and valuation reports.
• Underwriting and approving residential Mortgage applications within authorised mandate.
• Recommending any cases outside mandate to the relevant mandate holder.
• Ensuring all cases hold a robust documented rationale for the lending decision.
• Managing broker expectations, prioritise tasks and caseload in line with agreed SLA’s.
• Responding to all underwriting queries.
• Approving mortgage applications for draw down of funds.
• Maintaining an excellent level of fraud awareness to identify and protect the company from fraudulent activity.
• Effectively and professionally communicating with the introducer network, responding to enquiries in a timely manner and resolving any queries or issues.
• Maintaining a good level of knowledge of the relevant industry sector.

We’d love to hear from you if you have:

• Experience working within the operations of a 1st or 2nd charge mortgage lender
• Detailed understanding of the mortgage industry, regulation and legal requirements.
• Ability to work independently, managing your own pipeline of cases.

Rewards that reflect your value, what’s in it for you?

At Tandem, your hard work is rewarded in many ways and we have an enhanced employee benefits package on offer from your very first day with us:

• 25 days annual leave plus 8 days Bank Holiday
• An additional day off for a ‘celebration day’ including, but not limited to, birthdays, weddings, religious holidays, graduations etc
• Buy or sell up to 5 days holiday a year
• Healthcare cash plan through Westfield Health worth a minimum of £750 per year
• Electric Vehicle salary sacrifice scheme
• Cycle to Work salary sacrifice scheme and a free helmet
• Salary sacrifice Pension contribution*, 4% employee contributions matched with 4% Tandem contribution (*Subject to salary eligibility)
• Smart Tech scheme (buy goods with 0% interest)
• 10% discount on solar panels
• Tandem Hub for treats, cash back and discounts on UK retailers
• 2 days per year paid volunteering
• Free cereal, snacks and drinks in all offices
• Quarterly team social budgets

Our Green Deal: Your Impact Amplified

A little welcome gift from us to you, we’ll plant a tree in the Tandem Grove and you can enter into our “Green Deal” below:

• Volunteer 2 days a year for charity > receive an early Friday finish
• Raise £200 per annum for charity > Tandem provide PR and marketing support
• Have renewable energy at home > receive an additional 1 day annual leave
• Drive an electric car > receive £500 towards a home charger

Ready to make your mark?

Apply now and let's pave the way to a greener world, together. Our approach to DE&I is reflected in our hiring process so please let us know if you require any reasonable adjustments.

Sourcing Model

Recruitment at Tandem works primarily on a direct sourcing model and does not accept resumes from recruitment agencies which are not on the preferred supplier list. We are not responsible for any related fees for resumes submitted to job postings, our employees, or any other part of our company. You can find our Applicant Privacy Policy on our Careers page.

Tandem is an equal opportunity employer and are committed to meeting our responsibilities under the Equality Act (2010). We respect the diverse experience and talents that every individual brings to our Company, and we are determined to ensure that no applicant or employee receives less favourable treatment on the grounds of gender, age, disability, religion, belief, sexual orientation, marital status, or race, or is disadvantaged by conditions or requirements which cannot be shown to be justifiable.

Please be aware that background checking (including credit, criminal records and CIFAS Internal Fraud Database Checks) form part of our recruitment process. We will adhere to our duties under the Rehabilitation of Offenders Act 1974.