Job Vacancy

Mortgage Underwriting Manager

Vernon Building Society

Job title:       Mortgage Underwriting Manager

Based:          Stockport, with Flexible Home Working available post probation

Permanent:  Full time

Salary Band: D

Salary:         £50,000 per annum (mid-market 80-120% range based on skills and experience) plus a full range of employee benefits

We have an exciting opportunity for a Mortgage Underwriting Manager to join our established strong Underwriting Team at Head Office.

It’s an exciting time to join Vernon Building Society. Founded in 1924, we’ve got a lot of history, however, over the past three years we’ve undergone a significant amount of investment and change. We’re set up for success and growth. Now we’re looking for talent for us to invest in, to help with the next phase of our story and beyond.

Our vision is to be ’the first choice for mortgages, savings and employment in Stockport, and to be the preferred choice for specific need/bespoke mortgages in England and Wales'.

Sound interesting? Read about our Underwriting Manager vacancy…

The Role:

Our people are important to us (both customers and employees).  We pride ourselves on delivering a high quality personal service and our colleagues regularly impress our customers by going the ‘extra mile’. The Society is a friendly and supportive place to work with opportunities for personal development.


The role offers considerable opportunity to deploy your accumulated skills and experience, and to further develop your career in a growing organisation where you would play an active and important part in its further development.

You will be a significant decision maker, influencing the credit risk policy and mortgage proposition, and through personal delivery and contribution, ensuring that you and your team drive positive outcomes for customers and strongly support the achievement of lending activity required under our Corporate Plan.

The responsibilities include (but are not limited to): leading and developing the Underwriting Team; acting as a subject matter expert for the Team and positively supporting Sales Teams; using skills, knowledge and experience to control and accept new lending risks; ensuring strong service delivery to customers, sales colleagues, and mortgage intermediaries; maintaining and incrementally developing processes and procedures. The role requires strong interpersonal skills and a requirement to work closely with a variety of colleagues, Team Managers and the Senior Leadership Team.

Desirable Skills and Experience:

You should have a minimum of 3 years underwriting experience in a first charge lending environment operating a loan approval mandate.

Team leadership and supervisory skills are expected. You will need to have a broad knowledge of the residential lending, residential property, and credit risk environment along with knowledge of relevant regulatory requirements, with an ability to effect change. Detailed knowledge of Affordability and related models is required, along with a recognition of the importance of a sound risk management framework.

Strong interpersonal and written communication skills, and an ability to work under pressure and meet deadlines are required, along with an ability to positively and effectively interact at all levels within the business.

If you feel you can make a difference to our mortgage lending service and proposition, and you believe you can make a significant contribution to the continued evolution and growth of our mortgage lending activity, we’d like to hear from you.


£50,000 per annum (mid-market 80-120% range based on skills and experience)) plus a full range of employee benefits

Pension scheme (7.5% employer contributions rising to 10% after 2 years)

Salary exchange for pensions arrangement

4 x salary death in service benefit

Private Health Care

25 days holiday (plus statutory bank holidays), increasing to 27 days after 2 years’

Health Cash-Plan

Help @ Hand digital health & wellbeing app

Cycle to work scheme

2 paid volunteering days

Retail discounts package

If you want to work with an employer who cares about their customers, local community, and employees, and have a passion to succeed, then please send your CV with a covering letter to:

The closing date for receipt of applications is 8th July 2022.

The Society reserves the right to close the receipt of applications earlier in anticipation of large application volumes.

General Data Protection Regulations requires us to tell you how we collect, store and process personal data, when registering your interest with us. For full details about what data we collect about you, please look at our recruitment privacy notice on our website ( or contact Jayne Nield, HR & People Adviser on 0161 429 4307 to arrange for a copy to be sent via email or post.

We hold your personal data on file for a period of 12 months (unless you request otherwise), following this your data will be erased. You can withdraw consent at any time, to do this, please email or write to us with your request.


We are committed to promoting equal opportunities in employment. Any applicant will receive equal treatment regardless of age, disability, gender reassignment, marital or civil partner status, pregnancy or maternity, race, colour, nationality, ethnic or national origin, religion or belief, sex or sexual orientation (Protected Characteristics).





Melanie Snelgrove

HR Officer

Tel: 0207 520 5907