Mortgage Underwriter

Kaizen Lab Inc.; Calgary; Hybrid; CAD 65,000 - 95,000; Full time

Benefits offered by this job

Bonus program

Share ownership

Extended health and dental benefits

On-site fitness facility

Free parking

Hybrid work location

Job summary

Calvert Home Mortgage Investment Corporation in Calgary, hybrid work arrangement, seeks an experienced Underwriter to assess mortgage applications and structure lending solutions. You will balance risk with customer needs, working with brokers and internal teams to move deals forward.

The role requires 2+ years in private/alternative underwriting, strong credit judgment, and knowledge of lending regulations.

Qualifications

• Minimum of 2 years of direct mortgage underwriting experience in private or alternative lending.
• Experience reviewing and adjudicating mortgage applications, including assessing credit, capacity, collateral.
• Knowledge of mortgage lending laws and regulations and underwriting policies.
• Strong communication and active listening skills.
• Availability for regular local property inspections and occasional travel.

Responsibilities

• Review mortgage applications and documents; evaluate credit, capacity, collateral, and market conditions.
• Complete due diligence, make decisions within authority, and present recommendations on files outside limits.
• Follow underwriting policies, record decisions in CRM, prepare commitment letters, and review reporting.
• Build relationships with brokers and clients to support retention and identify opportunities.
• Represent Calvert’s values in communications and support business development; nurture leads.
• Review arrears files and update reports for senior management; support process improvements.
• Work across departments, coach new team members, and assist in training.

Skills

Mortgage underwriting

Credit analysis

Communication

Attention to detail

Time management

Research and analysis

Education

High school diploma

Post-secondary education/designation (asset)

Tools

Microsoft Office

Underwriting software (asset)

Job description

Position Title: Underwriter

Position reports to: Manager, Underwriting

Position status: Permanent full time

Location: Calgary, Alberta (Hybrid)

Work hours: Monday - Friday 8am - 5pm (40 hours/week)

Calvert Home Mortgage (CHMIC) is a full-service alternative mortgage investment firm that supports homeowners, investors, and brokers to achieve their goals by seeing the person behind every mortgage. We are on a mission to be the most trusted lending solution in Canada by putting people first, focusing on their success, and always doing the right thing.

Simply put, our team is the best in the business. Our expertise and experience are unrivalled -but it’s our caring approach that really sets us apart.

Calvert’s longevity and continued success is due to our shared sense of purpose and the understanding that relationships are far more important than transactions. We were founded on the principle of "kitchen table lending" -taking the time to build trust by listening to our customers, understanding their unique needs and goals, educating them on their options, and finding a solution that’s right for them. That might sound obvious but, in our experience, it’s not the norm.

We are looking for an experienced private/alternative Mortgage Underwriter to be a part of an exciting growth-focused company who truly cares about its employees. At Calvert Home Mortgage we are champions of a culture that creates a positive work environment, which will allow you to thrive and be a contributor to the long-term success of the company.

At Calvert Home Mortgage we offer competitive salaries, a bonus program, share ownership, extended health and dental benefits, a free on-site fitness facility, a location that avoids the downtown commute and free parking.

WHAT’S THE BIG IDEA?

You already know that alternative lending isn’t about checking boxes. Every file has a story, and great underwriting means knowing which questions to ask, where the real risk sits, and how to find a solution that makes sense for both the borrower and the lender.

That’s where you come in.

As an Underwriter at Calvert, you’ll use your experience and judgment to assess mortgage applications, structure solutions, and make sound lending decisions in an environment where no two files are quite the same. You’ll work closely with brokers and our internal teams to move deals forward while balancing responsive service and responsible lending.

We’re looking for someone who already understands the pace, complexity, and creativity of private and alternative mortgage lending and is ready to continue building their expertise, lending authority, and impact.

HOW DO WE WORK?

We work as trusted advisors, providing short-term lending solutions for the personal and financial success of our clients. Underwriters collaborate with business development, valuation, funding, and other teams to understand each file, apply our lending policies, and make timely decisions. We value thoughtful judgment, clear communication, and a proactive approach in a fast-paced environment.

HOW DO YOU FIT IN?

You will bring the following experience and strengths:

• A minimum of 2 years of direct mortgage underwriting experience within the private or alternative lending space. This is a requirement for the role.
• Demonstrated experience reviewing and adjudicating mortgage applications, including assessing borrower credit, capacity, collateral, property information, and overall lending risk.
• Experience making and documenting lending decisions within assigned authority and escalating or recommending files outside of authority limits.
• Knowledge of mortgage lending laws and regulations and a strong understanding of underwriting policies, procedures, and due diligence requirements.
• Sound research, analysis, and decision-making skills, with the ability to identify risk while also looking for practical lending solutions.
• Strong communication and active listening skills for building effective relationships with mortgage brokers, borrowers, and internal partners.
• The ability to manage multiple active files and competing priorities while providing timely, responsive service and maintaining strong attention to detail.
• Proficiency with Microsoft Office; experience with underwriting or mortgage management software is an asset.
• A high school diploma or equivalent. Post-secondary education or an applicable designation is considered an asset.
• Availability for regular local property inspections and client visits, with occasional travel for trade shows or presentations.

WHAT YOU WILL BE DOING

Underwriting and Credit Decisions (70%)

• Review mortgage applications and supporting documents; evaluate borrower credit, capacity, collateral, and relevant market conditions.
• Complete due diligence, make decisions within your lending authority, and present recommendations on files outside your limits.
• Follow underwriting policies and procedures, record decisions and tasks accurately in the CRM, prepare commitment letters, and review legal reporting.

Broker and Client Relationships (10%)

• Build relationships with mortgage brokers, real estate investors, and builders; support client retention and identify potential mortgage opportunities.
• Contribute to weekly underwriting sales and operations meetings.

Marketing and Business Development (10%)

• Represent Calvert’s values in your communications, prepare or present content that supports business development, and nurture leads and new partnerships.

Arrears Management (5%)

• Review and act on arrears and delinquency files and update reports for senior management.

Team And Process Support (5%)

• Work across departments, help coach new team members and Underwriter Success Associates, and contribute to administrative training.
• Support application intake and triage, identify process improvements, and continue developing your underwriting and mortgage management knowledge.

WHY CALVERT HOME MORTGAGE?

At Calvert, you will work with people who care about their clients and each other. You will have the support to develop your skills and grow your career in mortgage lending.

WHAT WE OFFER

We offer a competitive salary, bonus program, opportunity for share ownership, extended health and dental benefits, training and support, an on-site fitness facility, and free parking.

For more information about Calvert Home Mortgage Investment Corporation, please visit our For more information about Calvert Home Mortgage Investment Corporation, please visit our website.

Candidates applying for openings must be authorized to work in Canada.

We thank all applicants in advance for their interest; however, only those selected for an interview will be contacted.