Underwriter

Haventree Bank; Toronto; On-site; CAD 70,000 - 90,000; Full time

Job summary

A private Canadian bank in Toronto is looking for an Underwriter responsible for evaluating mortgage applications and managing loans from application to completion. The ideal candidate has a university degree, at least 3 years of experience in underwriting, and strong communication skills. A commitment to customer service and knowledge of regulatory legislation is required. Bilingual candidates are an asset.

Qualifications

• Minimum of 3 years underwriting experience in residential mortgage lending.
• Strong knowledge of regulatory legislation (B20, AML, KYC).
• Excellent negotiation and sales abilities.

Responsibilities

• Evaluate mortgage applications and analyze documents thoroughly.
• Manage up to 4 mortgage applications daily.
• Provide excellent customer service with efficient turnaround times.

Skills

Underwriting experience

Communication skills

Organizational skills

Time management

Bilingual in French

Education

University degree or equivalent experience

Tools

Microsoft Outlook

Microsoft Excel

Microsoft Word

Delta 360

Job description

Join to apply for the Underwriter role at Haventree Bank .

Haventree Bank is a private Canadian Schedule 1 bank specializing in alternative mortgage programs and insured GIC deposits. We help hardworking Canadians from coast-to-coast achieve homeownership by offering flexible mortgage solutions. Our insured GIC deposits offer competitive rates and are available through a variety of wealth management platforms.

About Haventree Bank

Headquartered in Toronto, Ontario, Haventree Bank (Haventree) is a mission-driven alternative mortgage lender. The name Haventree symbolizes the bank’s mission to help its customers find refuge and establish new roots. Haventree aims to be a catalyst for financial security and upward mobility for Canadians underserved by traditional financial institutions.

Position Summary

Reporting to the Director of Mortgage Originations, the Underwriter is responsible for evaluating mortgage applications, analyzing documents thoroughly, and managing loans from application to completion.

Major Duties & Responsibilities

• Manage the pipeline effectively to ensure timely receipt of documentation.
• Assess up to 4 mortgage applications daily by reviewing broker documentation and recommending or approving applications based on the 5 C’s of credit : credit, capacity, capital, character, and collateral, within HTB guidelines.
• Fulfill all conditions and communicate remaining requirements with brokers within SLA.
• Provide excellent customer service with efficient turnaround times, maintaining positive relationships with brokers.
• Collaborate with the Originations team to meet and exceed targets.
• Stay informed about industry regulations including B20, AML, and KYC legislation.

Qualifications & Experience

Degrees, Diplomas & Certifications :

University degree or equivalent experience required.

Experience :

Minimum of 3 years underwriting experience in residential mortgage lending, preferably in Near Prime and Alt B segments.

Strong knowledge of residential mortgage review, regulatory legislation (B20, AML, KYC), and sound underwriting decision-making skills.

Excellent communication skills for engaging with mortgage brokers, including negotiation and sales abilities.

Strong organizational, time management, and multi-tasking skills.

Proficiency in Microsoft Outlook, Excel, Word, and underwriting / servicing platforms such as Delta 360.

Bilingual in French is an asset.

Additional Information

We thank all applicants; only those selected for an interview will be contacted.

Haventree Bank is committed to accessibility and will accommodate applicants as needed.

Personal information collected during recruitment is subject to our Privacy Policy.

For other roles or to stay connected, visit Careers | Haventree Bank or follow us on LinkedIn.

We promote diversity, equity, and inclusion. Contact [e-mail] for accommodations.

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