Associate Mortgage Underwriter, Third Party Residential Underwriting – BMBE

First National Financial LP; Toronto; Hybrid; CAD 55,000 - 75,000; Full time

Job summary

A leading non-bank lender in Canada is seeking an Associate Mortgage Underwriter for their Third Party Residential Underwriting team. This role involves supporting the credit decision process, ensuring compliance, and building relationships with mortgage brokers. The ideal candidate will possess strong communication and analytical skills, and have a background in Financial Services or the mortgage industry. Join a company recognized for its employee engagement and community involvement, offering competitive pay and a hybrid work environment.

Benefits

Health Spending Account

Parental leave top-up

Extensive training

Modern office space

Community involvement

Social events

Qualifications

• Experience in Financial Services preferred.
• Mortgage industry experience is an asset.

Responsibilities

• Build and maintain positive relationships with mortgage brokers.
• Collect and verify documentation related to income and property.
• Respond promptly to inquiries, adhering to turnaround times.

Skills

Relationship-building skills

Strong communication

Conflict resolution abilities

Analytical thinking

Organizational skills

Time management skills

Team player attitude

Education

Post-secondary education

Tools

Microsoft Office suite

Windows-based PC software

Job description

Associate Mortgage Underwriter, Third Party Residential Underwriting – BMBE

Toronto, ON, Canada

Job Description

First National is proud to be an equal opportunity employer and is committed to diversity and inclusion regardless of race, color, religion, national origin, age, gender identity, physical or mental disability, sexual orientation, and any other category protected by law.

We support requests for accommodation from applicants with disabilities; please contact Human Resources at [e-mail] if you need an accommodation during the recruitment process.

We are hiring an Associate Mortgage Underwriter for Third Party Residential Underwriting – BMBE!

Reporting To: Manager, Third Party Residential Underwriting - BMBE

Employment Type: Full-time

Posting Date: May 2, 2025

Closing Date: May 16, 2025

Hours of Work: 8:30 a.m. – 5:00 p.m.

Location: Toronto, ON — Great location! Steps away from major public transit

What We Offer

Highly competitive compensation including base salary, bonus, benefits, and career growth opportunities. Eligibility for benefits depends on employment terms.

The Opportunity

The Third Party Residential Underwriting Division provides underwriting expertise to other financial institutions serving the Canadian Mortgage Broker channel. The Associate Mortgage Underwriter supports the credit decision process by reviewing documentation and ensuring compliance, escalating issues as needed.

Key Responsibilities

• Build and maintain positive relationships with mortgage brokers and external partners such as insurers, appraisers, and solicitors.
• Collect and verify documentation related to income, down payment, and property, ensuring accuracy and compliance.
• Escalate discrepancies or incomplete documentation to senior underwriters.
• Document notes thoroughly in the underwriting system.
• Respond promptly to inquiries, adhering to turnaround times.
• Maintain compliance with AML policies and procedures.

Skills and Attributes

• Relationship-building skills
• Strong communication (written and verbal)
• Conflict resolution abilities
• Analytical thinking
• Organizational and time management skills
• Team player attitude
• Proficiency with PC software and Microsoft Office suite
• Ability to work under pressure with tight deadlines

Requirements

• Post-secondary education or equivalent experience
• Experience in Financial Services preferred
• Mortgage industry experience is an asset
• Mortgage Agent Course completion or FSRA License is an asset
• Proficiency in Windows-based PC software

Note: Candidates not licensed upon hiring will be registered for educational courses and licensing through FSRA.

Work Environment & Physical Demands

• High-volume periods with tight timelines
• Sitting for extended periods
• Repetitive movements (keyboard/mouse use)
• Long hours viewing screens
• Multi-tasking involving calls and data retrieval

Additional Benefits & Culture

• Competitive pay and benefits, including Health Spending Account and parental leave top-up
• Hybrid work environment
• Extensive training and modern office space
• Community involvement and social events

The Team

Founded in 1988, First National is a leading non-bank lender in Canada, specializing in residential and commercial mortgages through the broker channel. Recognized as a great place to work, we value employee engagement and community involvement.

We thank all applicants; only those selected for an interview will be contacted.