Mortgage Underwriter, Third Party Residential Underwriting TDMS ON and Atlantic

First National Financial; Toronto; On-site; CAD 60,000 - 95,000; Full time

Job summary

Join a leading non-bank lender as a Mortgage Underwriter, where you'll play a pivotal role in the underwriting process. In this dynamic position, you will establish and maintain strong relationships with mortgage brokers while ensuring adherence to policies and guidelines. Your analytical skills will be put to the test as you review applications and make informed credit decisions. This innovative firm values diversity and offers a competitive compensation package, career advancement opportunities, and a supportive work environment. If you thrive in a fast-paced setting and are passionate about the mortgage industry, this opportunity is perfect for you.

Benefits

Competitive Compensation Package

Career Advancement Opportunities

Health Benefits

Bonus Structure

Qualifications

• Minimum 2 years of mortgage underwriting experience required.
• Strong communication and analytical skills are essential.

Responsibilities

• Review documentation and apply due diligence in underwriting.
• Maintain relationships with mortgage brokers and partners.
• Adjudicate mortgage applications within authority limits.

Skills

Relationship Building

Communication Skills

Conflict Resolution

Analytical Skills

Organizational Skills

Team Player

Problem Solving

Time Management

Education

Post-Secondary Education

Mortgage Agent Course

Tools

Microsoft Office Suite

PC Software

Job description

Mortgage Underwriter, Third Party Residential Underwriting TDMS ON and Atlantic

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 and any other category protected by law.

First National supports requests for accommodation from applicants with disabilities; please contact Human Resources at [e-mail] should you need an accommodation at any point in the recruitment process.

We are hiring a Mortgage Underwriter, Third Party Residential Underwriting, TDMS ON and Atlantic!

Reporting To: Manager, Third Party Residential Underwriting

Full-Time/Part- Time: Full-time

Posting Date: April 23, 2025

Closing Date: May 7, 2025

Hours of Work: 8:30 a.m. – 5:00 p.m.

Grade: 12.7

Office Location: Toronto

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

The Opportunity

Reporting to the Manager, Third Party Residential Underwriting, the Mortgage Underwriter supports the underwriting and credit decision process by reviewing all required documentation and applying sound due diligence. The Mortgage Underwriter is responsible for escalating any inaccuracies, issues, or items that are incomplete and potentially present risk to the Company.

How you will contribute:

• Establish and maintain positive relationships with mortgage brokers to build loyalty to the Company.
• Maintain positive relationships with external partners such as mortgage insurers, appraisers, title insurance companies, and solicitors.
• Adjudicate mortgage applications within established authority limits while ensuring adherence to policies and guidelines.
• Interact with Mortgage Insurers where applicable to complete credit lending decisions.
• Ensure due diligence has been completed prior to signing off on any mortgage conditions or documents, where applicable.
• Prepare and issue mortgage commitments with appropriate conditions within established service level agreements/turnaround times.
• Prioritize applications and workflow to ensure consistent and sound risk assessments are maintained while managing high volumes and a continued focus on service excellence.
• Stay current with latest industry knowledge, competition, and market trends.

The experience you need:

• Ability to build and maintain positive relationships.
• Strong communication skills—both written and verbal.
• Ability to manage and resolve conflict.
• Strong analytical skills.
• Organizational and time management skills.
• Positive team player with desire and ability to mentor others.
• Effective problem solving and decision making skills.
• Fully competent in working with basic PC software and working knowledge of the suite of Microsoft office products.
• Ability to manage pressure in an environment of high volume processing with tight turnaround times.
• Completed post-secondary education or equivalent work experience required.
• Minimum 2 years previous mortgage underwriting experience required.
• Completion of Mortgage Agent Course and/or FICOM License an asset.
• Working knowledge of PC software in a Windows environment required.

Working Environment and Physical Demands Analysis:

• Periods of high volume with tight timelines.
• Long periods of stationary position/sitting.
• Prolonged periods of repetitive movement (i.e., using a keyboard and mouse).
• Long periods of time in viewing a computer screen.
• Multi-tasking may include speaking to customers on a telephone call while looking up information on a computer program.

The team you’ll join:

Founded in 1988, First National is one of Canada’s largest non-bank lenders. We provide residential mortgages exclusively through the mortgage broker channel and we are Canada’s largest commercial mortgage lender.

First National has been consistently recognized as a great place to work and we are proud that our employee engagement feedback is higher than our industry partners.

We would like to thank all applicants for their interest in this existing vacancy but only candidates selected for an interview will be contacted.