Senior Mortgage Underwriter (Canada Wide)

Strive Capital Corporation; Toronto; Hybrid; CAD 70,000 - 100,000; Full time

Job summary

Strive Capital Corporation seeks a Senior Mortgage Underwriter to manage the end-to-end process of mortgage applications with a strong emphasis on relationship building and customer service. This role involves compliance with underwriting policies and significant interaction with mortgage brokers. The ideal candidate will have mortgage underwriting experience and a commitment to high service standards while thriving in a dynamic environment.

Benefits

Competitive base salary and discretionary incentive pay

Vacation, Paid time off, and holidays

Competitive benefits package starting immediately

Fun and welcoming learning environment

Training and development catered to career needs

Qualifications

• Previous single family residential mortgage underwriting experience required.
• Commitment to learn and adapt in a high-volume environment.
• Strong working knowledge of mortgage insurer programs.

Responsibilities

• Review, process, and approve mortgage applications.
• Deliver exceptional customer service and resolve escalated credit issues.
• Ensure compliance with underwriting guidelines and regulatory standards.

Skills

Customer Service

Negotiation

Analytical Skills

Education

University degree

Job description

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Strive is focused on providing brokers with the best experience when it comes to funding their prime mortgage files. A focus on relationship building, best in market tech, and an all-star team to take the file from start to finish and beyond.We have partnered with all 3 mortgage insurers, and will be offering insured, insurable, and uninsurable products.

PURPOSE OF ROLE:

The Senior Mortgage Underwriter isthe primary point of contact for all originator interaction.Further, they areresponsible for the review, processing and approval of mortgage applications, ensuring strict adherence to Strive’sresidential mortgage underwriting policy, procedures,and applicable guidelines.

RESPONSIBILITIES:

• Deliver an exceptional customer service experience in every interaction
• Investigate, evaluate, negotiate, and approve or decline applications based on authorized lending limits and within Strive Capital’s Residential Underwriting guidelinesand current legislation
• Assist other Underwriters and Fulfillment with questions or concerns
• Build, maintain and enhance customer service levels. Verify and validatecustomereligibility and material riskdocumentation for accuracy while mitigating any concerns surrounding suspected misrepresentation
• Gather any necessary information required to coordinate and analyze credit applications and ensure consistent, objective, and sound credit decisions in ahigh-volumeenvironment
• Analyze and submit recommendations regarding credit applications which exceed their authorized limit
• Analyzeand submit (where applicable)applicationsrequiringMortgage Insurer approval, in compliance withguidelines
• Verifydata and information on mortgage applicationsand credit bureausto ensure accuracy
• Ensure the attainment of service standards for processing applications in accordance with company policies and procedures
• Resolve any escalated credit issues, replyto internal and external client queries, and communicate credit decisions
• Keeps up to date on applicable legislation, as well as on the company’s policies, programs, procedures, and mortgage insurer policies
• Ensure awareness and compliancewithall aspects of the QA program
• Continuously learn, adapt, engage, and grow in your role and as an integral part of the organization

REGULATORY:

Complete all mandatory training, specifically:

• Regulatory
• Privacy
• Compliance and risk management
• AML/ATF
• Quality Assurance
• Actat all timesin accordance withStrive’srisk appetite as defined by theRMUP

CONFIDENTIALITY:

Maintain employee, customer and partner confidentiality as described byStrive’sEmployee Handbook.

COMPETENCIES:

• University degree is anasset
• Must have previoussingle familyresidential mortgage underwritingexperience
• Previous experiencedeveloping and maintaining positive brokerrelationships
• Detailed working knowledge of principles ofresidential mortgage underwritingand risk management, as well as real estate markets nationally
• Demonstrated ability toflourishin ahigh-volumeenvironment
• An ability to quickly assess and make accurate decisions
• Commitment to grow as an individual by constantly learning and staying on top of industrychanges
• Strong working knowledge of all 3 Mortgage Insurer programs and guidelines
• Positive attitude and commitment to drive company growth with exceptional customer service,strongteamcollaborationand sound credit decisioning

Employment Type

Full time with regular working hours (currently remote and in-person hybrid working environment).

What we offer:

At Strive, we offer competitive pay and perks, that include, but are not limited to:

• Competitive base salary and discretionary incentive pay
• Vacation, Paid time off, and holidays
• Competitive benefits package that starts immediately
• A fun and welcoming learning environment to help you grow
• Working 1-1 with senior management and industry leaders
• Training and development catered to your career development needs

Additional Information

Strive is an equal opportunity employer and we are dedicated to fostering an inclusive and barrier-free work environment for all employees and candidates.We encourage all qualified candidates to apply and if accommodation is required during any stage of the recruitment process, please contact any member of the Management team.We thank all applicants for their interest; however, only those selected for interviews will be contacted.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

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