Mortgage Underwriter

Description:

First National Financial LP, one of Canada’s largest non-bank lenders, is seeking a dedicated Mortgage Underwriter for its Third Party Residential Underwriting Division (TDMS BC). Established in 1988, First National provides residential mortgages exclusively through the broker channel and is Canada’s largest commercial mortgage lender. Recognized as one of the best places to work, the company offers a collaborative and growth-oriented environment.

As a Mortgage Underwriter, you will play a key role in supporting the underwriting and credit decision process by reviewing mortgage applications, ensuring due diligence, and adhering to the company’s policies and regulatory standards. This position involves high-volume processing with tight turnaround times and requires a balance of analytical expertise and strong relationship management with mortgage brokers and external partners.

Key Responsibilities:

• Establish and maintain positive relationships with mortgage brokers, insurers, appraisers, title insurance companies, and solicitors to build loyalty and ensure smooth operations.

• Adjudicate mortgage applications within established authority limits while ensuring compliance with policies and lending guidelines.

• Conduct due diligence and verify all documents before sign-off on mortgage conditions.

• Prepare and issue mortgage commitments with appropriate conditions within agreed service levels.

• Manage workflow to ensure timely risk assessments, even during high-volume periods.

• Stay updated on market trends, competition, and regulatory changes affecting the mortgage industry.

Skills and Attributes:

• Strong communication skills (written and verbal) and service excellence mindset.

• Proven ability to manage and resolve conflicts while building strong relationships.

• Analytical and detail-oriented with excellent organizational skills.

• Capable of mentoring others and contributing to a positive team culture.

• Proficiency in Microsoft Office Suite and ability to work with PC-based systems.

• Ability to thrive in a high-pressure, high-volume processing environment with tight turnaround times.

Required Qualifications:

• Post-secondary education or equivalent work experience.

• Minimum of 2 years in mortgage underwriting.

• Completion of Mortgage Agent Course and/or FICOM License considered an asset.

Working Conditions:

• Hybrid working model with office located near main public transit in Vancouver, BC.

• Standard working hours: 8:30 a.m. – 5:00 p.m.

• Office-based role with periods of stationary sitting, repetitive movements, and multitasking requirements.

Why Join First National?

• Competitive compensation package including salary, bonus, and benefits.

• Health Spending Account and maternity/parental leave top-up.

• Hybrid working environment with modern office facilities.

• Extensive training programs and career advancement opportunities.

• Supportive, collaborative team culture with regular social and charity events.

• Commitment to diversity, equity, and inclusion.