Senior Underwriter

CB Canada; Windsor; On-site; CAD 70,000 - 90,000; Full time

Job summary

Join a leading company in the mortgage industry as a Senior Underwriter. In this role, you'll analyze loan applications, evaluate risks, and ensure compliance with regulatory requirements while mentoring team members. This position offers significant career growth opportunities and excellent benefits.

Benefits

Amazing benefits

Career growth opportunities

Qualifications

• 5 years of experience underwriting in residential originations is a must.
• Experience as a senior underwriter or with higher authority level is preferred.

Responsibilities

• Review and underwrite customer loans within prescribed authority.
• Analyze loan risk and documentation compliance.
• Approve or reject loan applications based on evaluation.

Skills

Risk Analysis

Loan Underwriting

Attention to Detail

Leadership

Job description

Working for Rocket Mortgage in Canada means more opportunities for you to carve your own career path forward. From our desire to revolutionize the way people get mortgages to addressing challenges big or small with outside-the-box solutions, we’re not your typical employer.We’ll provide you with everything you need to make sure you’re successful here. Apply today to join a team that offers career growth, amazing benefits and the chance to work with leading industry professionals.

To qualify for this position, you are required to have valid Canadian work authorization.

Minimum Qualifications

5 years of experience underwriting in residential originations

Preferred Qualifications

Most recent role being a senior underwriter, or an underwriter with a higher authority level and scope of work

Job Summary

As a Senior Underwriter, you'll analyze and verify loan applications, evaluate risk and make loan eligibility decisions. In this role, you'll also ensure all documentation is compliant with relevant regulations.

Responsibilities

Review and underwrite customer loans within prescribed authority level, escalating unusual or complex cases to leadership where appropriate

Review due diligence documents submitted to validate the borrower’s willingness and ability to repay the loan

Analyze loan risk and request additional information as necessary

Make loan eligibility decisions and approve or reject applications

Review and specify loan conditions as necessary

Ensure deals are underwritten and adhere to internal policy, procedures, guidelines, insurer programs and regulatory requirements

Document and efficiently communicate reasons for the approval / rejection of loans

Review appraisal and / or site inspection reports

Manage the relationship with submitting agent / broker source

Set the pricing and manage the profitability of each transaction

Identify and assess AML and fraud risks

Manage pipeline and ensure daily production goals are met

Mentor team members and share best practices

Handle complex deals and support team with escalated issues

Who We Are

Rocket Companies is a Detroit-based company made up of businesses that provide simple, fast and trusted digital solutions for complex transactions. The name comes from our flagship business, now known as Rocket Mortgage, which was founded in 1985. Today, we’re a publicly traded company involved in many different industries, including mortgages, fintech, real estate, automotive and more. We’re insistently different in how we look at the world and are committed to an inclusive workplace where every voice is heard. We’re passionate about the work we do, and it shows. We’ve been ranked #7 on Fortune’s list of the 100 Best Companies to Work For in 2022, as well as ranking #1 for Fortune’s Best Large Workplaces in Financial Services and Insurance List in 2021.

Disclaimer

This is an outline of the primary responsibilities of this position. As with everything in life, things change. The tasks and responsibilities can be changed, added to, removed, amended, deleted and modified at any time by the leadership group.

The Company has policies to support applicants with disabilities, including, but not limited to, policies regarding the provision of accommodations that take into account an applicant‘s accessibility needs due to disability. For more information, please call us at (800) 411-JOBS or email us atmailto : [emailprotected] ">