Bilingual Underwriter

Haventree Bank; Toronto; On-site; CAD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a dedicated Mortgage Underwriter to join their team. This role involves evaluating mortgage applications, ensuring timely documentation, and providing exceptional service to brokers. The ideal candidate will have a strong background in residential mortgage lending, excellent communication skills, and the ability to navigate regulatory frameworks. Join a mission-driven organization focused on helping Canadians achieve homeownership and financial security. If you are passionate about making a difference in people's lives and thrive in a collaborative environment, this opportunity is perfect for you.

Qualifications

• 3+ years experience in residential mortgage underwriting.
• Strong understanding of regulatory legislation (B20, AML, KYC).

Responsibilities

• Manage mortgage applications and assess documentation efficiently.
• Provide excellent customer service and maintain positive broker relationships.

Skills

Underwriting

Mortgage Lending

Communication Skills

Time Management

Bilingual (French)

Education

University Degree

Tools

Microsoft Outlook

Microsoft Excel

Microsoft Word

Delta 360

Job description

Haventree Bank is a private Canadian Schedule 1 bank specializing in alternative mortgage programs and insured GIC deposits. We help hardworking Canadians from coast-to-coast achieve homeownership by offering flexible mortgage solutions. Our insured GIC deposits offer competitive rates and are available through a variety of wealth management platforms.

About Haventree Bank

Headquartered in Toronto, Ontario, Haventree Bank (Haventree) is a mission driven alternative mortgage lender. The name Haventree is representative of the bank’s mission to help its customers find a place of refuge and to lay down new roots for the future. Haventree exists to be a catalyst of financial security and upward mobility for Canadians who are underserved by the traditional financial system.

Position Summary:

Reporting to the Director Mortgage Originations, the Mortgage Underwriter is responsible for recommending customer’s mortgage applications. Including in-depth analysis of document review and managing loan from application to completion stage.

Major Duties & Responsibilities:

• Effective “pipeline management” to ensure documentation is received on time.
• Assesses up to 4 mortgage applications per day. Evaluating broker’s documentation and recommending/approving mortgage applications by assessing the 5 C’s of credit including credit, capacity, capital, character and collateral within established HTB guidelines.
• Fulfills all conditions required and communicates remaining conditions with the brokers within SLA.
• Provides excellent customer service, including efficient turnaround time to brokers, while building and maintaining positive working relationships.
• Works in collaboration with the Originations unit to ensure targets are being met and exceeded.
• Stays informed of the latest industry knowledge including: B20, AML (Anti-Money Laundering) and KYC (Know Your Customer) legislation.

Qualifications & Experience:

Degrees, Diplomas & Certifications:

The position requires a university degree or equivalent experience.

Years and Range of Experience Required to Perform the Job:

• The position requires at least 3 years experience underwriting in the residential mortgage lending industry, preferably in the “Near prime and Alt B” business.
• A strong understanding of residential mortgage review, regulatory legislation (B20, AML and KYC) and the proven ability to make sound underwriting decisions.
• Proven ability to clearly communicate with mortgage brokers; maintain successful relationships that include negotiation and sales skills.
• Strong organization, time management and multi-tasking skills.
• Comfortable using Microsoft Outlook, Excel, Word, underwriting and servicing software platforms or Delta 360.
• Bilingualism in written and spoken French is mandatory

While we thank everyone for their interest in Haventree Bank, please note that only candidates selected for an interview will be contacted. Haventree Bank is committed to providing accommodation when needed. If you require an accommodation, we will work with you to meet your needs.

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• Haventree Bank embraces equal opportunity, diversity, and inclusion. Please let us know if you require any accommodations during the recruitment and selection process by contacting [e-mail]