Residential Mortgage Underwriter

The Underwriter, Residential Mortgage will report to Senior Manager, Residential Mortgage, and assist in residential mortgage underwriting and relevant operational activities.

Key Responsibilities & Accountabilities

• Prepare reports, files and documents in support of the Residential Underwriting team function
• Review residential mortgage applications: perform credit assessment, communicate with branch/relationship managers and prepare analysis opinion
• Review and analyze appraisal reports
• Recommend decision on residential mortgage applications to approval authority
• Review and request approval for registration of new appraisal company or mortgage brokerage
• Register residential mortgage application in the Bank’s core banking system
• Instruct relevant department to process legal document and to send instructions to solicitors
• Other duties as required by Department

Job Requirements

Education Requirements: Bachelor’s degree is required, preferably in business or finance; or equivalent experience in financial services or a related field

Work Experience Requirements: 3+ years of work experience preferred, ideally in Canadian financial institution

• Strong communication skills (verbal and written)
• Strong proficiency in Microsoft Office programs - i.e. Word, Excel, Powerpoint
• Extreme attention to detail
• Ability to work effectively within a team environment and to interact with all levels
• Ability to prioritize, perform well under pressure and meet time sensitive deadlines
• Proven ability to work well with others
• Legally eligible to work in Canada

Knowledge & Skills

• Knowledge of Administration processes, practices and procedures
• Risk, compliance and audit mindset
• In-depth knowledge of lending products & industry
• Ability to work in a fast paced and changing environment
• Strong attention to detail and the ability to work under pressure
• Ability to meet strict deadlines
• Adaptability & Flexibility
• Learning mindset (Continuous learning)
• Collaboration & Teamwork
• Effective interactive communication
• Initiative
• Attention to detail and quality