Underwriter - The National Lender Desk

Mortgage Alliance; Kitchener; On-site; CAD 60,000 - 90,000; Full time

Job summary

A leading company in the mortgage industry is seeking an Underwriter for their National Lender Desk. This role focuses on reviewing and adjudicating mortgage loan applications while ensuring compliance with regulations. Successful candidates will possess strong communication skills and a minimum of two years' underwriting experience, along with the ability to work independently and maintain broker relationships.

Benefits

Flexible working conditions

Opportunities for growth

Collaborative community

Qualifications

• Minimum 2 years of underwriting experience.
• Any provincial mortgage license; multi-licensed preferred.
• Bilingual (English / French) is an asset.

Responsibilities

• Review, underwrite, and adjudicate customer mortgage applications.
• Ensure compliance with regulatory, insurer, and lender guidelines.
• Maintain relationships with brokers and clients for portfolio growth.

Skills

Communication

Negotiation

Time Management

Self-Driven

Interpersonal Skills

Education

Provincial mortgage license

Tools

Outlook

Word

Excel

Job description

Job Title : Underwriter – The National Lender Desk

Reports To : AVP, Lenders Desk

About us

M3 Financial Group and its subsidiaries (including Multi-Prêts, Mortgage Alliance, Invis, Mortgage Intelligence, Verico) serve more than 8,500 independent brokers providing more than $65 billion in mortgages. With offices in Montreal, Toronto, Vancouver, BC and Alberta, we believe in the combo of creativity and new technologies to offer innovative solutions to our industry. We strive to make our mark by providing the best mortgage experience for mortgage borrowers, brokers and lenders.

About the role

The Underwriter role is to ensure communication with our broker partners is fair and consistent and delivers a professional customer service experience. Under the general supervision of the AVP Lenders Desk, the person will be required to review, verify, and adjudicate mortgage loan applications and determine loan eligibility decisions. In this role, the person will also ensure all documentation is compliant with all relevant regulatory bodies. The role provides the opportunity to engage with brokers across Canada and will therefore require the flexibility to work within our operational hours of 8am to 8pm Monday to Friday.

The duties

• Review, underwrite and adjudicate customer mortgage applications within your prescribed authority levels, escalating unusual or complex cases to your manager where appropriate.
• Review all documents submitted to validate accuracy and borrower’s ability to repay the mortgage.
• Ensure the loan application meets all regulatory, insurer and lender guidelines / requirements.
• Contact the broker / client for additional information as necessary to decision the deal effectively.
• Manage the relationship with submitting agent / broker source.
• Deliver quick and creative mortgage solutions, and structure the file consistent with internal policies, procedures, guidelines, insurer programs and regulatory requirements.
• Maintain SLA commitments on applications, based on product guidelines, including timely and accurate update of all systems.
• Work closely with the broker / client / lender to develop a long-term relationship that enables you to grow the size of the portfolio and maintaining funding ratios as agreed.

The must haves

• Minimum 2 years of underwriting experience.
• Any provincial mortgage license. Multi-licensed preferred
• Strong communication and negotiation skill.
• Organized and strong time management skills.
• Ability to multi-task in a fast-paced environment.
• Self-driven, motivated with the ability to work independently and in a team environment.
• Networking, client acquisition and interpersonal skills.
• Carries out duties with integrity and takes responsibility for actions.
• Ability to be decisive and show good judgement consistently.
• Working knowledge of Outlook, Word, Excel.
• Bilingual (English / French) is an asset.

What we offer

In addition to flexible working conditions and opportunities to grow, M3 Financial Group is a place where you’ll find a community of collaboration and innovation, where you’ll work with diverse people with their own unique stories and experiences.

We are M3 Financial Group, an equal opportunity employer for diversity and inclusion and we do not discriminate on the basis of status or legally protected characteristic, including minorities / women / sexual orientation / gender identity / disability, and we are happy to consider all qualified individuals.