We are urgently hiring Underwriter- Intermediate for one of our banking & financial service client.
Duration : 6 months contract (extension possible)
Location : Toronto, ON (5 week in person classroom training later fully remote)
Responsibilities :
- Decision- Maker -Negotiate, approve, decline and recommend applications, within established Client processes, guidelines and authorized lending limit of up to $1,500,000, including residential mortgage, real estate secured and unsecured applications.
- Analytical - Gather, review and assess information and documentation to support each credit application within Client risk parameters and Insurers guidelines, if applicable.
- Relationship building - Handle, as required, correspondence and telephone inquiries from internal business partners and external business partners such as insurers, appraisers and solicitors.
- Risk- Assessment- Review, prepare and make considered recommendations to Manager or senior underwriter where residential mortgage application is above authority limit.
- Agile - Manage high work volumes to meet short time lines with a high level of quality and due diligence. You will also be expected to review a variety of lending products on a day to day basis.
Must Have Requirement :
3-4 Years Retail mortgage underwriting experience. Mostly residential Mortgages.RESL specific Underwriting (Real-estate Secured Lending)Decisioning experience with approval authorityExperience in reviewing and evaluating documents (income, down-payment, offers, etc..)Experience in exceptions rational (they will be making exceptions themselves)Good Understanding of risk mitigationNice to Have :
Any broker or underwriting course experienceOutlook and Excel skillsA university DegreeFamiliarity with Canadian Rules and RegulationBilingual - French