Bilingual Mortgage Underwriter

Stafflink; Ottawa; On-site; CAD 75,000 - 90,000; Full time

Job summary

A prominent client in the Financial Services sector is seeking a Bilingual Residential Mortgage Underwriter for a hybrid role in Montreal. The ideal candidate will possess extensive underwriting experience and strong communication skills, providing a crucial role in assessing mortgage applications and mitigating risks. Comprehensive benefits including three weeks of vacation and a bonus structure are offered, making this an excellent opportunity for those looking to thrive in a dynamic environment.

Benefits

3 weeks vacation

Bonus structure

Full benefits package

Qualifications

• 3+ years of experience as a Residential Mortgage Underwriter.
• Proficiency in mortgage software platforms and underwriting tools.
• Familiarity with alternative lending guidelines and credit adjudication.

Responsibilities

• Review and assess residential mortgage applications to ensure compliance with internal guidelines.
• Analyze credit, income, property, and other risk factors to determine borrower eligibility.
• Collaborate with mortgage brokers and internal teams to resolve issues.

Skills

Residential Mortgage Underwriting

Mortgage Fulfillment

Credit Risk Assessment

Analytical Skills

Communication Skills

Attention to Detail

Interpersonal Skills

Tools

Mortgage Software Platforms

Underwriting Tools

Job description

Our client in the Financial Services industry is looking for a perm Bilingual Residential Mortgage Underwriter to join their team in Montreal. The ideal candidate will bring hands-on experience in B lending and residential underwriting, or a strong background in mortgage fulfillment, and is eager to contribute to a dynamic and fast-paced lending environment.

This is a hybrid role (in office 3 days a week) in Montreal. This role offers 3 weeks vacation, a bonus structure and a full benefits package.

Roles and Responsibilities

• Review and assess residential mortgage applications to ensure compliance with internal guidelines and lending policies
• Analyze credit, income, property, and other risk factors to determine borrower eligibility
• Ensure all required documentation is complete, accurate, and meets regulatory and company standards
• Collaborate with mortgage brokers, business development managers, and internal teams to obtain necessary information and resolve issues efficiently
• Communicate underwriting decisions and conditions clearly and professionally
• Maintain strong knowledge of B lending policies, industry regulations, and real estate market trends
• Contribute to ongoing process improvements within the underwriting and funding cycle
• Meet service-level agreements (SLAs) and turn-around times while maintaining quality and risk standards

Qualifications and Skills

• 3+ years of experience as a Residential Mortgage Underwriter, preferably within a B lender environment or strong experience in mortgage fulfillment with a deep understanding of underwriting principles
• Familiarity with alternative lending guidelines, credit adjudication, and risk assessment
• Proficiency with mortgage software platforms and underwriting tools
• Excellent attention to detail, analytical skills, and decision-making abilities
• Strong communication and interpersonal skills to work effectively with internal and external stakeholders
• Ability to work independently in a hybrid setting, with 3 days per week required in-office in Montreal