Associate Mortgage Underwriter Third Party Residential Underwriting – BMO Broker Edge (BMBE)

First National; Toronto; On-site; CAD 50,000 - 70,000; Full time

Job summary

A major mortgage lender in Canada is seeking an Associate Mortgage Underwriter to support underwriting processes. Responsibilities include verifying documentation and building relationships with mortgage brokers. The ideal candidate has a post-secondary education and experience in the financial or mortgage industry. Join a dynamic team committed to growth and excellence.

Qualifications

• Completed post-secondary education or equivalent work experience required.
• Previous experience within Financial Services sector preferred.
• Previous experience within Mortgage industry an asset.

Responsibilities

• Establish and maintain relationships with mortgage brokers.
• Review and verify documentation for mortgage conditions.
• Document clear notes within the mortgage underwriting system.

Skills

Service excellence

Relationship building

Communication skills

Conflict resolution

Analytical skills

Attention to detail

Organizational skills

Team player

PC software competency

Time management

Education

Post-secondary education or equivalent experience

Experience in Financial Services

Experience in Mortgage industry

Mortgage Agent Course or FSRA License

Tools

Microsoft Office

Job description

Overview

Working together to be our best!

Reporting To: Manager, Third Party Residential Underwriting – BMBE

Hours of Work: 8:30 – 5:00

Downtown Toronto — Great location, steps away from the main public transit station

The Opportunity

The Third Party Residential Underwriting Division, as a Division of First National Financial provides underwriting expertise and services on behalf of other financial institutions to the Canadian Mortgage Broker channel.

Reporting to the Manager, Third Party Residential Underwriting, the Associate Mortgage Underwriter supports the underwriting and credit decision process by reviewing all required documentation and applying sound due diligence. The Associate Mortgage Underwriter is responsible for escalating any inaccuracies, issues, or items that are incomplete and potentially present risk to the Company.

Primary Duties and Responsibilities

• Establishes and maintains positive relationships with mortgage brokers to build loyalty to the Company
• Maintains positive relationships with external partners such as mortgage insurers, appraisers, title insurance companies, and solicitors
• Interacts with mortgage brokers for the collection of all required documents to satisfy mortgage commitment conditions
• Reviews and verifies accuracy of required documentation related to income, down payment and the property using sound due diligence and in compliance with internal and regulatory guidelines prior to signing off on any mortgage conditions or documents, where applicable
• Escalates any documentation issues to the Underwriter for review and sign off
• Documents clear and complete notes within the mortgage underwriting system
• Responds to all inquiries within established turnaround times
• Adhere to policies / procedures to ensure AML requirements are met

Skills and Attributes

• Strong aptitude for service excellence
• Ability to build and maintain positive relationships
• Strong communication skills—both written and verbal
• Ability to deal with conflict
• Analytical skills
• Attention to detail
• Strong organizational and time management skills
• Positive team player
• Fully competent in working with basic PC software and working knowledge of the suite of Microsoft Office products
• Ability to manage pressure in an environment of high volume processing with tight turnaround times

Education / Certification / Experience Requirements

• Completed post-secondary education or equivalent work experience required
• Previous experience within Financial Services sector preferred
• Previous experience within Mortgage industry an asset
• Completion of Mortgage Agent Course and / or FSRA License an asset
• Working knowledge of PC software in a Windows environment required

In accordance with the FSRA, if a successful candidate is not already licensed, upon starting with First National, they will be registered for the applicable educational courses and upon successful completion of the exam, First National will register them with FSRA to complete the licensing process.

The team you will join

First National is Canada’s largest non-bank lender, originating and servicing both commercial and residential mortgages since 1988. Over the past thirty years, we have been committed to hiring the best and brightest with over 1,000 proud team members. Through cooperation, ongoing coaching, development opportunities and a culture that celebrates both hard work and teamwork, First National team members are supported to lead, learn and grow.

If you are ready to join First National’s dynamic team, while working hard and having fun doing it, we invite you to apply online and let us know how you can be part of our success story.

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 or any other category protected by law.

First National supports requests for accommodation from applicants with disabilities; please contact Human Resources at .

We would like to thank all applications for their interest, but only candidates selected for an interview will be contacted.

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