Mortgage Underwriter

First National; Vancouver; On-site; CAD 60,000 - 80,000; Full time

Job summary

A leading non-bank lender in Canada is seeking a Mortgage Underwriter for Residential Underwriting in Vancouver. The role involves making credit decisions on mortgage applications and managing files through to fulfillment. Ideal candidates will possess strong analytical skills, a commitment to service excellence, and the ability to build positive relationships. This full-time position offers competitive compensation and opportunities for career advancement.

Benefits

Highly competitive compensation package

Bonus

Benefits

Career advancement opportunities

Qualifications

• Ability to build and maintain positive relationships.
• Commitment to service excellence.
• Ability to work under pressure with high volume and tight deadlines.

Responsibilities

• Render credit decisions on mortgage applications.
• Manage files from commitment to condition fulfillment.
• Maintain relationships with mortgage brokers and partners.

Skills

Analytical skills

Strong written communication skills

Conflict management skills

Organizational and time management skills

Team player

Proficient in Microsoft Office

Effective problem-solving skills

Education

Post-secondary education or equivalent work experience

Tools

PC software in a Windows environment

Job description

Working together to be our best!

We are hiring a Mortgage Underwriter, Residential Underwriting!

Reporting to the Manager, Residential Underwriting, the Residential Mortgage Underwriter is responsible for rendering credit decisions on incoming applications within their authorized limits and with adherence to company and insurer policies and guidelines while focusing on service excellence. The Mortgage Underwriter applies due diligence when reviewing required documentation to ensure accuracy and to protect the Company from risk. They manage files from the time they are committed by the underwriter until all of the broker’s conditions are met on the commitment.

Position Details:

• Reporting To: Manager, Residential Underwriting
• Full-Time / Part-Time: Full-time
• Posting Date: March 4, 2024
• Closing Date: March 11, 2024
• Hours of Work: 8:30 – 5:00
• Location: Vancouver - Great location! Steps away from the main public transit station

What we offer:

Highly competitive compensation package including base salary, bonus, benefits, and career advancement opportunities!

• Eligibility for benefits depends on employment terms
• Adjudicates mortgage applications within authority limits while ensuring adherence to policies and guidelines
• Builds positive relationships with mortgage brokers to foster loyalty
• Maintains relationships with external partners such as mortgage insurers, appraisers, title insurance companies, and solicitors
• Collaborates with Mortgage Insurers to complete credit lending decisions where applicable
• Ensures due diligence is completed before signing off on mortgage conditions or documents
• Prepares and issues mortgage commitments with appropriate conditions within service level agreements
• Prioritizes applications and workflow to maintain sound risk assessments while managing high volumes and focusing on service excellence
• Stays updated with industry knowledge, market trends, and competition

Skills and Attributes:

• Ability to build and maintain positive relationships
• Commitment to service excellence
• Strong written and verbal communication skills
• Conflict management skills
• Analytical skills with attention to detail
• Organizational and time management skills
• Team player with mentoring abilities
• Effective problem-solving and decision-making skills
• Proficient in PC software and Microsoft Office suite
• Ability to work under pressure with high volume and tight deadlines

The Requirements:

• Post-secondary education or equivalent work experience
• Working knowledge of PC software in a Windows environment

The Team:

Founded in 1988, First National is one of Canada's largest non-bank lenders, providing residential mortgages through our broker channel and servicing commercial clients via our national origination team of advisors.

Our values are reflected in our rallying cry, "It’s in our Nature," guiding our interactions with clients, partners, and the community. We are committed to diversity and inclusion and are proud to be an equal opportunity employer. We support accommodation requests from applicants with disabilities; please contact Human Resources.

We appreciate all applications; only those selected for an interview will be contacted.

FNLOAB