Manager and Team Lead, Third Party Residential Underwriting - BMBE
- Toronto, ON, Canada
- East York, ON, Canada
$85,000 - $115,000 · Full-time
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Job details
- Pay
- $85,000 - $115,000
- Job type
- Full-time
- Apply by
- Experience
- 3-5 years previous mortgage underwriting experience required
- Posting language
- English
- Posted
Original job description
We are hiring a Manager and Team Lead, Third Party Residential Underwriting - BMBE!
Reporting To
Assistant Vice President, Third Party Residential Underwriting
Full-Time/Part- Time
Full-time
Posting Date
October 5, 2026
Closing Date
October 19, 2026
Hours Of Work
8:30 a.m. – 5:00 p.m.
Salary Range
$85,000 - $115,000
Grade
Office Location:
16.7
Toronto, ON
Great location! Steps away from the main public transit station
What We Offer
Highly competitive compensation package which includes base salary, bonus, benefits, and career advancement opportunities!
The Third Party Residential Underwriting Division, as a Division of First National Financial provides underwriting expertise and services on behalf of other financial institutions to the Canadian Mortgage Broker channel.
Reporting to the Assistant Vice President, Third Party Residential Underwriting - BMBE, the Manager manages a team of Mortgage Underwriters, Associate Mortgage Underwriters, and Mortgage Funders in meeting the goals of the Third Party Residential Underwriting Division. Under their guidance and leadership, the team is responsible for the assessment of mortgage applications in making lending decisions in adherence with the established mortgage underwriting policies and guidelines. The team also has responsibility for reviewing required documentation for accuracy and completion and for closing and advancing funds on approved mortgage applications while maintaining a consistent focus on service excellence.
How You Will Contribute
Founded in 1988, First National is one of Canada’s largest non-bank lenders. We provide residential mortgages exclusively through the mortgage broker channel and we are Canada’s largest commercial mortgage lender.
First National has been consistently recognized as a great place to work and we are proud that our employee engagement feedback is higher than our industry partners.
We would like to thank all applications for their interest in this existing vacancy, but only candidates selected for an interview will be contacted.
First National is proud to be an equal opportunity employer and is committed to diversity and inclusion regardless of race, color, religion, national origin, age, gender identity, physical or mental disability, sexual orientation and any other category protected by law.
First National supports requests for accommodation from applicants with disabilities; please contact Human Resources at accessibility@firstnational.ca should you need an accommodation at any point in the recruitment process.
Artificial Intelligence is not used in our recruitment or hiring process for this role.
#FNUWON
Reporting To
Assistant Vice President, Third Party Residential Underwriting
Full-Time/Part- Time
Full-time
Posting Date
October 5, 2026
Closing Date
October 19, 2026
Hours Of Work
8:30 a.m. – 5:00 p.m.
Salary Range
$85,000 - $115,000
Grade
Office Location:
16.7
Toronto, ON
Great location! Steps away from the main public transit station
What We Offer
Highly competitive compensation package which includes base salary, bonus, benefits, and career advancement opportunities!
- Eligibility for benefits is dependent on the terms of employment
The Third Party Residential Underwriting Division, as a Division of First National Financial provides underwriting expertise and services on behalf of other financial institutions to the Canadian Mortgage Broker channel.
Reporting to the Assistant Vice President, Third Party Residential Underwriting - BMBE, the Manager manages a team of Mortgage Underwriters, Associate Mortgage Underwriters, and Mortgage Funders in meeting the goals of the Third Party Residential Underwriting Division. Under their guidance and leadership, the team is responsible for the assessment of mortgage applications in making lending decisions in adherence with the established mortgage underwriting policies and guidelines. The team also has responsibility for reviewing required documentation for accuracy and completion and for closing and advancing funds on approved mortgage applications while maintaining a consistent focus on service excellence.
How You Will Contribute
- Establishes and maintains positive relationships with mortgage brokers to build loyalty to the Company
- Maintains positive relationships with external partners such as mortgage insurers, appraisers, title insurance companies, and solicitors
- Generates new business opportunities through existing referral sources to help achieve company sales targets
- Makes lending decisions within established limits while ensuring adherence to policies and guidelines
- Completes management reporting as required
- Stays current with latest industry knowledge, competition, and market trends
- Manages the capacity of the team through efficient delegation of work and careful monitoring of volumes within the workflow
- Manages the performance of team members through ongoing feedback and coaching
- Establishes performance and work standards
- Recruits, interviews, hires, and on boards new employees as required
- Provides coaching, training, support and development to team members
- Leads team meetings
- Conducts annual performance reviews
- Adheres to policies/procedures to ensure AML requirements are met, when applicable
- People management skills- coaching, feedback, development of individuals and teams
- Ability to build and maintain positive relationships
- Strong aptitude for service excellence
- Ability to manage and resolve conflict
- Strong communication skills – both written and verbal
- Strong analytical skills
- Organizational and time management skills
- Positive team player with desire and ability to mentor others
- Effective problem solving and decision-making skills
- Fully competent in working with basic pc software and working knowledge of the suite of Microsoft Office products
- Ability to manage pressure in an environment of high volume processing with tight turnaround times
- Post-secondary education and/or equivalent work experience preferred
- 3-5 years previous mortgage underwriting experience required
- 2 or more years people management experience
- Completion of Mortgage Agent Course and/or FSCO License an asset
- Demonstrated ability to:
- Analyze information and make confident decisions
- Build client/customer relationships
- Create a team environment
- Give constructive feedback
- Lead and motivate others
- Set and communicate goals
- Office environment
- Periods of high volume with tight timelines
- Long periods of stationary position/sitting
- Prolonged periods of repetitive movement (i.e. using a keyboard and mouse)
- Long periods of time in viewing a computer screen
- Multi-tasking may include speaking to customers on a telephone call while looking up information on a computer program.
- Competitive Compensation
- Comprehensive benefits program (i.e., Health Spending Account, Maternity and Parental Leave Top Up)
- Hybrid working environment.
- Extensive training programs to set our employees up for success
- Modern office environment conducive to collaboration
- Supportive teamwork culture
- Opportunities to give back to the communities and work through events focused on a variety of charities
- Ongoing social events throughout the year
Founded in 1988, First National is one of Canada’s largest non-bank lenders. We provide residential mortgages exclusively through the mortgage broker channel and we are Canada’s largest commercial mortgage lender.
First National has been consistently recognized as a great place to work and we are proud that our employee engagement feedback is higher than our industry partners.
We would like to thank all applications for their interest in this existing vacancy, but only candidates selected for an interview will be contacted.
First National is proud to be an equal opportunity employer and is committed to diversity and inclusion regardless of race, color, religion, national origin, age, gender identity, physical or mental disability, sexual orientation and any other category protected by law.
First National supports requests for accommodation from applicants with disabilities; please contact Human Resources at accessibility@firstnational.ca should you need an accommodation at any point in the recruitment process.
Artificial Intelligence is not used in our recruitment or hiring process for this role.
#FNUWON
More about this job
Responsibilities
Lead and develop a team of mortgage underwriters, associate underwriters, and funders, managing workflow, performance, hiring, training, and team standards. Make lending decisions within established limits, ensure underwriting and documentation comply with policies and AML requirements, maintain partner relationships, and support business targets and service excellence.
Requirements
Candidates should have 3–5 years of mortgage underwriting experience and at least 2 years of people management experience; post-secondary education or equivalent work experience is preferred. Mortgage Agent Course completion or an FSCO license is an asset, along with demonstrated ability to analyze information, make decisions, build client relationships, and lead and motivate a team.
Skills
- People Management
- Coaching and Feedback
- Relationship Building
- Customer Service
- Conflict Resolution
- Written and Verbal Communication
- Analytical Skills
- Organization and Time Management
- Problem Solving
- Decision-Making
- Mortgage Underwriting
- Team Leadership
- Performance Management
- Workload Delegation
- Microsoft Office
- AML Compliance
Benefits
- Bonus
- Health Spending Account
- Maternity and Parental Leave Top-Up
- Career Advancement Opportunities
- Training Programs
- Hybrid Working Environment
Visa sponsorship
Not detected in the job text
Categories
- Finance & Accounting
- Management & Leadership
- Customer Service & Support
Keywords
- Third-Party Residential Underwriting
- Mortgage Underwriting
- Mortgage Applications
- Mortgage Brokers
- Lending Decisions
- Mortgage Underwriting Policies
- Mortgage Insurers
- Appraisers
- Title Insurance
- Solicitors
- Mortgage Funding
- AML Requirements
- Mortgage Agent Course
- FSCO License
- Microsoft Office
- Workflow Management
- Performance Reviews
- Team Coaching
- Recruitment
- Management Reporting
- Service Excellence
- Financial Services
- Residential Mortgages
- Broker Channel