Underwriter

Buzz Internet Marketing Group; Toronto; On-site; CAD 70,000 - 75,000; Full time

Job summary

A financial services company in Toronto is seeking an analytical Underwriter to review loan applications and assess risk. The candidate will ensure compliance with regulations, verify income details, and make lending decisions. Ideal applicants have a Bachelor’s degree in finance and experience in loan underwriting. This full-time role offers a salary between $70,000 and $75,000, along with benefits like dental care and paid time off.

Benefits

Dental care

On-site parking

Paid time off

Qualifications

• Proven experience in loan underwriting preferably in a loan processing company.
• In-depth knowledge of lending regulations and guidelines.
• Ability to present information concisely and effectively.

Responsibilities

• Conduct compliance check to ensure applications meet regulations.
• Verify income and employment details provided by the applicant.
• Approve or decline loan applications based on analysis.

Skills

Analytical skills

Attention to detail

Communication

Teamwork

Education

Bachelor’s degree in finance or related field

Tools

Loan processing software

Microsoft Excel

Microsoft Word

Microsoft PowerPoint

Job description

Overview

We are seeking an analytical Underwriter to join the dynamic team of our subsidiary company (KM Capital). The Underwriter will play a crucial role in reviewing loan applications, verifying the accuracy and completeness of information provided, and making decisions on whether to approve or deny loan requests based on established criteria and guidelines. This individual plays a crucial role in assessing and evaluating the risk involved in lending money to clients.

Responsibilities

• Conduct Compliance Check: Ensure that all applications comply with federal and state regulations, as well as company policies
• Income Verification: Verify the income and employment details provided by the applicant.
• Appraisal Review: Examine property appraisals to ensure that the property\'s value supports the loan amount.
• Decision Making: Approve, decline, or request additional information for loan applications based on the analysis.
• Documentation: Prepare detailed reports and documentation supporting the underwriting decision.
• Communication: Communicate with loan officers, applicants, and other stakeholders regarding the status of the application and any additional requirements.
• Teamwork: Collaborate with other departments such as claims and sales to support overall business objectives.

Qualifications

• Bachelor’s degree in finance, business administration, or a related field is preferred.
• Proven experience in loan underwriting, preferably in a loan processing company
• Strong analytical skills and attention to detail
• Proficiency in loan processing software and financial analysis tools
• In-depth knowledge of lending regulations and guidelines
• Excellent computer skills, including Microsoft Word, PowerPoint and Excel
• Ability to present information concisely and effectively, both verbally and in writing.

If you are passionate about risk assessment and have the necessary qualifications, we invite you to apply for this exciting opportunity as an Underwriter.

Job Types: Full-time, Permanent

Pay: $70,000.00-$75,000.00 per year

Benefits:

• Dental care
• On-site parking
• Paid time off

Work Location: In person

Application deadline: 2025-08-18