Mortgage Underwriter

  • Location: Toronto, Ontario
  • Type: Permanent
  • Job #1316

Responsibilities:

  • Acts as the primary contact for Mortgage Brokers submitting mortgage applications.
  • Investigates, evaluates, sets conditions, approves or declines loan and line of credit applications based on authorized lending limits, ensuring compliance with the current legislation and with the policies, programs and procedures.
  • Gathers any necessary information required to co-ordinate and analyze credit applications and ensures consistent, objective and sound credit decisions in a high-volume environment.
  • Analyzes and submits recommendations regarding credit applications which exceed their authorized limit.
  • Responsible for meeting all productivity measures and service levels
  • Verifies data and information on mortgage applications to ensure accuracy.
  • Ensures the attainment of service standards for processing applications in accordance with company policies and procedures.
  • Resolves any escalated credit issues, replies to internal and external client queries, and communicates credit decisions.

 

Qualifications:

  • Post-secondary degree or diploma in a related field
  • 3-5 years of Mortgage Underwriting experience
  • Solution-oriented and ability to think outside the box and consider alternative options and package more complex applications for approval within the acceptable risk tolerance of the Bank.
  • Sound knowledge and expertise of credit and underwriting practices, and lending products.
  • Strong verbal and written communication skills are required in order to interact with mortgage brokers, legal parties etc.
  • Computer literacy in Microsoft Office (Word, Excel and PowerPoint) ???????

Responsibilities:

  • Acts as the primary contact for Mortgage Brokers submitting mortgage applications.
  • Investigates, evaluates, sets conditions, approves or declines loan and line of credit applications based on authorized lending limits, ensuring compliance with the current legislation and with the policies, programs and procedures.
  • Gathers any necessary information required to co-ordinate and analyze credit applications and ensures consistent, objective and sound credit decisions in a high-volume environment.
  • Analyzes and submits recommendations regarding credit applications which exceed their authorized limit.
  • Responsible for meeting all productivity measures and service levels
  • Verifies data and information on mortgage applications to ensure accuracy.
  • Ensures the attainment of service standards for processing applications in accordance with company policies and procedures.
  • Resolves any escalated credit issues, replies to internal and external client queries, and communicates credit decisions.

 

Qualifications:

  • Post-secondary degree or diploma in a related field
  • 3-5 years of Mortgage Underwriting experience
  • Solution-oriented and ability to think outside the box and consider alternative options and package more complex applications for approval within the acceptable risk tolerance of the Bank.
  • Sound knowledge and expertise of credit and underwriting practices, and lending products.
  • Strong verbal and written communication skills are required in order to interact with mortgage brokers, legal parties etc.
  • Computer literacy in Microsoft Office (Word, Excel and PowerPoint)