Mortgage Underwriter (Excalibur)

First National Financial LP; Calgary; On-site; CAD 60,000 - 85,000; Full time

Job summary

A leading company in Canada is seeking a Mortgage Underwriter to manage mortgage applications, ensuring compliance with internal policies. The role requires analyzing credit information and collaborating with brokers. This position offers a competitive compensation package, including benefits and opportunities for advancement.

Qualifications

• Post-secondary education and/or equivalent work experience preferred.
• 2 years mortgage underwriting experience required.
• Competency in MS Office; capacity to learn new technologies/systems.

Responsibilities

• Render approval/decline decisions on incoming applications.
• Produce/underwrite Mortgage Commitments.
• Negotiate loan terms as necessary.

Skills

Organizational skills

Attention to detail

Communication skills

Teamwork

Customer satisfaction

Education

Post-secondary education

2 years mortgage underwriting experience

Tools

MS Office

Job description

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a Mortgage Underwriter (Excalibur)

Reporting To

Manager, Residential Underwriting

Working together to be our best!

We are hiring a Mortgage Underwriter (Excalibur)

Reporting To

Manager, Residential Underwriting

Full-Time/Part- Time

Full-time

Posting Date

June 12, 2025

Closing Date

June 27, 2025

Hours Of Work

8:30 a.m. – 5:00 p.m.

Grade

Office Location:

12.7

Calgary, AB

Great location! Steps away from the main public transit station

What We Offer

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

• Eligibility for benefits is dependent on the terms of employment
  
  

Overview

Excalibur department - With both the population and employment demographics of Canada changing so significantly, there are people who want to access a mortgage and own a home – but they may fall outside of traditional credit requirements. Alternative lending (Excalibur) offers a mortgage option for those people. The Mortgage Underwriter is responsible for rendering credit decisions on incoming applications consistent with internal policies, underwriting mortgage commitments, and verifying supporting documentation as submitted by mortgage brokers.

Primary Duties And Responsibilities

Render approval/decline decisions on incoming applications consistent with internal policies:

• Analyze employment profile, credit strength, property characteristics, and all other information pertinent to the credit decision process on each mortgage application, as presented by the broker.
• Negotiate loan terms (where applicable) in order to satisfy the interests of the broker, the client and First National.
• Prioritize deals in Workflow queue in order to minimize turnaround time.
  
  

Produce/underwrite Mortgage Commitments

• Select required conditions on each deal to be satisfied by the solicitor and the broker prior to funding.
• Using the Merlin underwriting system, input: selected conditions, credit information, property details, and borrower information.
• Issues commitments and updates the system accordingly.
  
  

Skills And Attributes

• Organizational skills to manage several ongoing and competing tasks at one time
• High degree of accuracy and attention to detail
• Demonstrated proficiency in oral and written communication skills
• Demonstrated ability to work independently and in a team environment
• Ability to deal effectively with difficult customer situations to maintain customer satisfaction and loyalty
  
  

Key Contacts

External: Brokers

Internal: Fulfillment Specialists and Funders

Education/Certification/Experience Requirements

• Post-secondary education and/or equivalent work experience preferred
• 2 years mortgage underwriting experience required
• Competency in MS Office; capacity to learn new technologies/systems
  
  

The Team You Will Join

Founded in 1988, First National is one of Canada’s largest non-bank lenders. We provide residential mortgages exclusively through our mortgage broker channel and service commercial clients through our national origination team of empowered advisors.

At First National, It’s in our Nature is our rallying cry. It underlies our values, beliefs, and how we show up for each other, our clients, our partners and the community. Our nature defines who we are and guides every decision we make.

First National is proud to be an equal opportunity employer and is committed to diversity and inclusion regardless of race, color, religion, national origin, age, gender identity, physical or mental disability, sexual orientation or any other category protected by law.

First National supports requests for accommodation from applicants with disabilities; please contact Human Resources at [e-mail].

We would like to thank all applications for their interest, but only candidates selected for an interview will be contacted.

#FNLOAB

Seniority level

• Seniority level

  Entry level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

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