Job Title: Business Analyst - Underwriting & Lending Change
Location: Remote (please note there will be a requirement to be office-based once a week for the first 3 months in Milton Keynes
Salary: Up to £65,000 depending on experience
Hours: Monday to Friday 9 am to 5 pm
Benefits:
Bonus: Up to 10%
Life Insurance: 4x salary
Private Medical: Vitality
Holiday: 33 days
Pension: Competitive contributions
Wellbeing: Mental & physical support
Development: Training & progression with a growing lender
Career Progression: Clear pathways for advancement, with achievements recognized and celebrated.About the role of Business Analyst - Underwriting & Lending Change:
Are you an experienced Mortgage Underwriter looking to transition into Business Analysis, or a Technical BA with deep lending experience? This high-visibility role with a fast-growing specialist lender offers the chance to shape originations and underwriting workflows by bridging the gap between operations, credit risk, and technology to drive intelligent automation and process efficiency. Whether you are an Underwriter who has gained project, testing, or secondment experience and is ready to step into a formal BA career, or an established Mortgage Business Analyst skilled in process mapping (BPMN) and requirements delivery, we want to hear from you.
Responsibilities required for the role of Business Analyst - Underwriting & Lending Change:
Requirements & Analysis: Elicit, document, and translate business requirements and underwriting policies into clear technical specifications, user stories, and acceptance criteria.
Process & Integration Mapping: Map end-to-end mortgage origination workflows and work with IT to support system integrations, API data mappings, and data quality controls.
Underwriting Process Improvement: Analyse "as-is" lending workflows to identify bottlenecks and design streamlined "to-be" processes that drive efficiency and automation.
Data & Insight: Analyse system reports, MI, and pipeline outputs to identify operational trends, risks, and performance improvements.
Testing & Defect Management: Define UAT scenarios, execute business testing across underwriting edge cases, and manage technical defects through to resolution.
Governance & Compliance: Ensure all changes align with FCA rules, Consumer Duty, and internal risk policies while maintaining audit-ready documentation.
Stakeholder Engagement: Facilitate workshops across Underwriting, Risk, and Tech teams; translate complex technical details into clear business language.Experience required for the position of Business Analyst - Underwriting & Lending Change:
Mortgage Lending Expertise: Solid practical understanding of specialist or residential mortgage originations, including underwriting workflows, broker journeys, affordability models, ESIS/KFI generation, and offer to completion.
Either experience as a Mortgage Underwriter with hands-on involvement in platform rollouts, UAT, process improvement, or project secondments;
Or a proven background as a Technical Business Analyst with dedicated mortgage originations experience.Desirable:
Experience with automated decision engines, OCR/document processing, or workflow automation tools.
Formal Business Analysis qualifications (e.g., BCS Diploma, IIBA, or Agile/Scrum certifications).
Prior experience working on API integration or data dictionary projects within financial services.For more information regarding the role of Business Analyst - Underwriting & Lending Change, please contact us.
Stellar Select is acting as an employment agency in relation to this vacancy.
Due to a high volume of applications, we will only contact you if your application has been successful. We aim to contact all successful applicants within two business days
