Mortgage Underwriter

Marathon Mortgage Corp.; British Columbia; Remote; CAD 60,000 - 100,000; Full time

Job summary

An innovative mortgage finance company is seeking a Mortgage Underwriter to join their remote team. This role involves making critical credit decisions on mortgage applications while ensuring compliance with company policies. The ideal candidate will possess extensive experience in residential mortgage underwriting and demonstrate exceptional negotiation and problem-solving skills. Join a forward-thinking organization that values collaboration and recognizes talent, offering a competitive salary and a supportive work environment. If you're passionate about the mortgage industry and thrive in a dynamic setting, this opportunity is perfect for you.

Qualifications

• 5+ years of residential mortgage underwriting experience.
• Strong understanding of credit analysis and risk management principles.
• Licensed with BCFSA.

Responsibilities

• Deliver exceptional service to brokers and clients.
• Underwrite applications per the Residential Mortgage Underwriting Policy.
• Negotiate, approve, or decline applications within guidelines.

Skills

Credit Analysis

Risk Management

Negotiation Skills

Problem-Solving

Customer Focus

Adaptability

Education

Undergraduate Degree

Tools

PC Software

Job description

Voted a 5-Star Mortgage Employer, Marathon Mortgage Corp. (MMC) is a growing Canadian mortgage finance company committed to providing competitive mortgage products, interest rates, and reliable service for borrowers and broker partners. Our goal is to establish a strong presence in the mortgage market through mass distribution and marketing of competitively priced products, coupled with exceptional service. MMC values its people, fostering an environment of respect, balance, camaraderie, and collaboration, where performance and talent are recognized and nurtured.

Job Overview

Based in BC or Alberta, the Mortgage Underwriter is responsible for making credit decisions on incoming applications from mortgage brokers and clients within authorized limits, ensuring compliance with company and insurer policies while delivering excellent service. The Underwriter reviews documentation diligently to ensure accuracy and mitigate risk for the company.

Core Responsibilities

1. Deliver exceptional service when interacting with brokers, clients, and stakeholders.
2. Underwrite to the highest credit quality standards as per the Residential Mortgage Underwriting Policy.
3. Negotiate, approve, recommend, or decline applications within Marathon's guidelines.
4. Balance loan applications from clients and brokers effectively.
5. Review loan pricing considering risk objectives and thresholds.
6. Follow up on outstanding conditions and documents.
7. Prepare and issue mortgage commitments.
8. Ensure compliance with AML, Quality Assurance, and related obligations.
9. Assess real estate and associated risks in a volatile market.
10. Handle difficult interactions and unpopular decisions professionally.
11. Stay updated with evolving policies and procedures.
12. Perform additional duties and assist with special projects as needed.

Qualifications

1. Licensed with BCFSA.
2. Minimum of 5 years' residential mortgage underwriting experience, with thorough knowledge of real estate and covenant assessments.
3. Strong understanding of credit analysis and risk management principles.
4. Proficient in PC software within a Windows environment.
5. Ability to make and document well-considered decisions, proactively managing risk.
6. Excellent negotiation and problem-solving skills.
7. Adaptability to changing volumes while maintaining turnaround times.
8. Strong customer focus to ensure an exceptional customer experience.
9. Highly collaborative and communicative.
10. Committed to fostering a positive internal and external culture.
11. Decisive, able to make quick decisions without compromising quality.
12. Undergraduate degree is an asset.
13. French language skills are an asset.

Marathon Mortgage Corp.

This job is remote.

Job Types : Full-time, Permanent

Salary and Benefits : Very Competitive