Associate Underwriter

Working for Rocket Mortgage in Canada means more opportunities for you to carve your own career path forward. From our desire to revolutionize the way people get mortgages to addressing challenges big or small with outside-the-box solutions, we’re not your typical employer. We’ll provide you with everything you need to make sure you’re successful here. Apply today to join a team that offers career growth, amazing benefits and the chance to work with leading industry professionals.

To qualify for this position, you are required to have valid Canadian work authorization.

Preferred Qualifications

Demonstrated experience underwriting in residential originations

Job Summary

As an Associate Underwriter, you'll analyze and verify loan applications, evaluate risk and make loan eligibility decisions. in this role, you'll ensure all documentation is compliant with relevant regulations.

Responsibilities

Review and underwrite customer loans within prescribed authority level, escalating unusual or complex cases to leadership where appropriate

Review due diligence documents submitted to validate the borrower’s willingness and ability to repay the loan

Analyze loan risk and request additional information as necessary

Make loan eligibility decisions and approve or reject applications

Review and specify loan conditions as necessary

Ensure deals are underwritten and adhere to internal policy, procedures, guidelines, insurer programs and regulatory requirements

Document and efficiently communicate reasons for the approval / rejection of loans

Review appraisal and / or site inspection reports

Manage the relationship with submitting agent / broker source

Set the pricing and manage the profitability of each transaction

Identify and assess AML and fraud risks

Manage pipeline and ensure daily production goals are met

Who We Are

Rocket Companies ® is a Detroit-based company made up of businesses that provide simple, fast and trusted digital solutions for complex transactions. The name comes from our flagship business, now known as Rocket Mortgage®, which was founded in 1985. Today, we’re a publicly traded company involved in many different industries, including mortgages, fintech, real estate, automotive and more. We’re insistently different in how we look at the world and are committed to an inclusive workplace where every voice is heard. We’re passionate about the work we do, and it shows. We’ve been ranked #7 on Fortune’s list of the 100 Best Companies to Work For in 2022, as well as ranking #1 for Fortune’s Best Large Workplaces in Financial Services and Insurance List in 2021.

Disclaimer

This is an outline of the primary responsibilities of this position. As with everything in life, things change. The tasks and responsibilities can be changed, added to, removed, amended, deleted and modified at any time by the leadership group.

We are proud equal opportunity employers and committed to providing an inclusive environment based on mutual respect for all candidates and team members. Employment decisions, including hiring decisions, are not based on race, color, religion, national origin, sex, physical or mental disability, sexual orientation, gender identity or expression, age, military or veteran status or any other characteristic protected by state or federal law. We also provide reasonable accommodations to qualified individuals with disabilities in accordance with state and federal law.