Underwriter
$1,500,000–$1,500,000 year
On-siteMontréal, Quebec, Canada
Job Summary
Negotiate, approve, decline, and recommend residential mortgage applications within established guidelines and an authorized lending limit of up to $1,500,000. Gather, review, and assess documentation to support credit applications while adhering to Client risk parameters and Insurers guidelines. Handle correspondence and telephone inquiries from internal and external partners, including insurers, appraisers, and solicitors. Prepare and make considered recommendations to senior underwriters for applications exceeding your authority limit. Manage high work volumes to meet short time lines with a high level of quality and due diligence. This 6-month contract in Montreal offers conversion to Full Time based on volume.
Required Qualifications
- 3-4 Years Retail mortgage underwriting experience
- Mostly residential Mortgages
- Bilingual - French
- RESL specific Underwriting (Real-estate Secured Lending)
- Decisioning experience with approval authority
- Experience in reviewing and evaluating documents (income, down-payment, offers, etc..)
- Experience in exceptions rational
- Good Understanding of risk mitigation
Desired Qualifications
- Any broker or underwriting course experience
- Outlook and Excel skills
- A university Degree
- Familiarity with Canadian Rules and Regulation
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