Description:
We are hiring an Associate Mortgage Underwriter, Third Party Residential Underwriting – BMBE!
Grade
Office Location:
8.7
Toronto, ON
Great location! Steps away from the main public transit station
What We Offer
Highly competitive compensation package which includes base salary, bonus, benefits, and career advancement opportunities!
- Eligibility for benefits is dependent on the terms of employment
The Opportunity
The Third Party Residential Underwriting Division, as a Division of First National Financial provides underwriting expertise and services on behalf of other financial institutions to the Canadian Mortgage Broker channel.
Reporting to the Manager, Third Party Residential Underwriting, the Associate Mortgage Underwriter supports the underwriting and credit decision process by reviewing all required documentation and applying sound due diligence. The Associate Mortgage Underwriter is responsible for escalating any inaccuracies, issues, or items that are incomplete and potentially present risk to the Company.
How You Will Contribute
- Establishes and maintains positive relationships with mortgage brokers to build loyalty to the Company
- Maintains positive relationships with external partners such as mortgage insurers, appraisers, title insurance companies, and solicitors
- Interacts with mortgage brokers for the collection of all required documents to satisfy mortgage commitment conditions
- Reviews and verifies accuracy of required documentation related to income, down payment and the property using sound due diligence and in compliance with internal and regulatory guidelines prior to signing off on any mortgage conditions or documents, where applicable
- Escalates any documentation issues to the Underwriter for review and sign off
- Documents clear and complete notes within the mortgage underwriting system
- Responds to all inquiries within established turnaround times
- Adhere to policies/procedures to ensure AML requirements are met.
Skills And Attributes
- Strong aptitude for service excellence
- Ability to build and maintain positive relationships
- Strong communication skills—both written and verbal
- Ability to deal with conflict
- Analytical skills
- Attention to detail
- Strong organizational and time management skills
- Positive team player
- Fully competent in working with basic PC software and working knowledge of the suite of Microsoft office products
- Ability to manage pressure in an environment of high volume processing with tight turnaround times
Education/Certification/Experience Requirements
- Completed post-secondary education or equivalent work experience required
- Previous experience within Financial Services sector preferred
- Previous experience within Mortgage industry an asset
- Completion of Mortgage Agent Course and/or FSRA License an asset
- Working knowledge of PC software in a Windows environment required