Reverse Mortgage specialist (Underwriter and Mortgage Officer)

Reverse Mortgage Specialist (Underwriter and Mortgage Officer)

6 days ago Be among the first 25 applicants

Join a Challenger Being a traditional bank just isn’t our thing, so we challenge ourselves to get creative in providing innovative banking solutions for Canadians.

Join a Challenger — being a traditional bank just isn’t our thing, so we challenge ourselves to get creative in providing innovative banking solutions for Canadians. How do we get there? With a talented team of inquisitive and agile challengers that break through the status quo. If you’re passionate about redefining the future of banking—while having fun—this could be your next big opportunity.

Our company continues to grow, and today we serve more than 670,000 people across Canada through Equitable Bank, Canada's Challenger Bank. Equitable Bank's wholly-owned subsidiary, Concentra Bank, supports credit unions across Canada that serve more than six million members. Together we have over $125 billion in assets under management and administration, with a clear mandate to drive change in Canadian banking to enrich people's lives. Our customers have named our EQ Bank digital platform (eqbank.ca) one of the top banks in Canada on the Forbes World's Best Banks list since 2021.

The Work

• On a daily basis, review received mortgage applications along with supporting documentation and negotiate terms with the mortgage broker, decline the applications, recommend the applications for approval and, in some instances, approve the applications. Ensure that approved deals close as scheduled and as efficiently as possible by following up on outstanding conditions/documents and ensuring compliance with established guidelines. (50%)
• Follow up with brokers on a daily basis on issued mortgage commitments to ensure the efficient closing of mortgage files. (20%)
• Provide the highest level of internal and external customer service while fielding mortgage broker inquiries and maintaining broker relationships. (20%)
• Provide underwriting expertise to mortgage brokers, clients and co-workers and maintain up to date knowledge of company policies, procedures and products. (10%)

Let's Talk About You

• Bilingual (French and English)
• Sound thinker with the ability to multi-task
• Excellent attention to detail
• Sound knowledge of AML & ATF practices
• Established and meticulous organizational skills
• Excellent time management, analytical and problem solving skills
• Ability to make decisions under pressure
• Proven ability to thrive in a constantly changing environment and to perform well in a high volume, high intensity environment
• Highly developed verbal and written communication skills with the ability to respond in a clear, concise and professional manner
• Displays pride in providing superb customer service
• 2+ years’ mortgage experience in the alternative mortgage market
• Proficiency in MS Office (mainly MS Word and Excel)
• Completion of a post-secondary degree preferably in a financial field
• Knowledge of fraud risk in the mortgage industry and the ability to address concerns relating to suspected misrepresentation

What we offer

• Competitive discretionary bonus
• Market leading RRSP match program
• Medical, dental, vision, life, and disability benefits
• Employee Share Purchase Plan
• Maternity/Parental top-up while you care for your little one
• Generous vacation policy and personal days
• Virtual events to connect with your fellow colleagues
• Annual professional development allowance and a comprehensive Career Development program
• A fulfilling opportunity to join one of the top FinTechs and help create a new kind of banking experience

The incumbent will be working hybrid and in-office time will be spent at Equitable Bank’s additional office space located at 2200-25 Ontario Street, Toronto, ON.

Equitable Bank is deeply committed to inclusion. Our organization is stronger when we honour and celebrate everyone’s diverse experiences and perspectives. We support and encourage our staff to grow not just in their career path, but personally as well. We commit to providing a barrier-free recruitment process and work environment for all applicants. Please let us know of any accommodations needed so that you can bring your best self to the application process and beyond. All candidates considered for hire must successfully pass a criminal background check and credit check to qualify for hire. While we appreciate your interest in applying, an Equitable recruiter will only contact leading candidates whose skills and qualifications closely match the requirements of the position. We can’t wait to get to know you!

Seniority level: Not Applicable

Employment type: Full-time

Job function: Finance and Sales

Industries: Transportation, Logistics, Supply Chain and Storage

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