Associate Mortgage Underwriter, Third Party Residential Underwriting-NBBP

First National Financial; Toronto; On-site; CAD 50,000 - 65,000; Full time

Benefits offered by this job

Competitive compensation

Health Spending Account

Training programs

Modern office environment

Team culture

Community involvement

Social events

Job summary

First National Financial in Toronto, ON is hiring an Associate Mortgage Underwriter, Third Party Residential Underwriting-NBBP to support underwriting and credit decisions. Reporting to the Manager and Team Lead, you review documents, apply due diligence, and escalate issues.

You will work with mortgage brokers, insurers, appraisers, title companies and solicitors to collect required documents. This full-time role offers competitive compensation, bonus, benefits, and opportunities for

Qualifications

• Completed post-secondary education or equivalent work experience.
• Experience in financial services or mortgage underwriting is preferred.
• FSRA licensing or Mortgage Agent Course is a plus.

Responsibilities

• Establishes and maintains relationships with mortgage brokers and external partners.
• Reviews documentation for income, down payment and property with due diligence.
• Escalates incomplete or inaccurate documents to the Underwriter for review.
• Documents notes in the underwriting system and responds within turnaround times.
• Adheres to AML requirements and internal regulatory guidelines.

Skills

Strong communication skills

Analytical skills

Attention to detail

Time management

Team player

MS Office

Relationship building

Education

Completed post-secondary education or equivalent work experience

Mortgage Agent Course or FSRA License asset

Tools

MS Windows

Microsoft Office

Job description

We are hiring an Associate Mortgage Underwriter, Third Party Residential Underwriting-NBBP!

• Reporting To: Manager and Team Lead, Third Party Residential Underwriting-NBBP
• Full-Time/Part- Time: Full-time
• Salary Range: $50,000--$65,000
• Posting Date: September 25, 2026
• Closing Date: October 16, 2026
• Hours of Work: 8:30 a.m. – 5:00 p.m.
• Grade: 8.7
• Office Location: Toronto, ON
• Great location! Steps away from the main public transit station
• What we offer: Highly competitive compensation package which includes base salary, bonus, benefits, and career advancement opportunities!
• *Eligibility for benefits is dependent on the terms of employment

The Opportunity:

Reporting to the Manager, Third Party Residential Underwriting-NBBP, 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.

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.

How you will contribute:

• 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.

The experience you need:

• 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 Financial Services Regulatory Authority (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 Requirements Needed:

• 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

Working Environment and Physical Demands Analysis:

• Office environment
• Periods of high volume with tight timelines
• Long periods of stationary position/sitting
• Prolonged periods of repetitive movement (i.e. using a keyboard and mouse)
• Long periods of time in viewing a computer screen
• Multi-tasking may include speaking to customers on a telephone call while looking up information on a computer program.

Why join First National?

• Competitive Compensation
• Comprehensive benefits program (i.e., Health Spending Account, Maternity and Parental Leave Top Up)
• Extensive training programs to set our employees up for success
• Modern office environment conducive to collaboration
• Supportive teamwork culture
• Opportunities to give back to the communities and work through events focused on a variety of charities
• Ongoing social events throughout the year

The team you’ll join:

Founded in 1988, First National is one of Canada’s largest non-bank lenders. We provide residential mortgages exclusively through the mortgage broker channel and we are Canada’s largest commercial mortgage lender.

First National has been consistently recognized as a great place to work and we are proud that our employee engagement feedback is higher than our industry partners.

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

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.

First National supports requests for accommodation from applicants with disabilities; please contact Human Resources at [e-mail] should you need an accommodation at any point in the recruitment process.

Artificial Intelligence is not used in our recruitment or hiring process for this role.

#FNUWON