Senior Mortgage Underwriter

About Us

Lions Den Capital is a private mortgage lender serving brokers, borrowers, and investment partners across Alberta, British Columbia, and Saskatchewan.

We fund creative, time-sensitive residential and small commercial mortgage opportunities where traditional lenders cannot. We are looking for a Senior Mortgage Underwriter who can evaluate complex files, make sound credit recommendations, and communicate decisions clearly.

To be considered for this position, candidates must submit a video to hr@lionsdencapital.ca along with their resume. The video should address the two questions outlined below.

This is a hands-on underwriting role. Your job is to apply excellent judgment, protect capital, and help good deals get funded efficiently.

What you’ll do

• Review and underwrite private residential and commercial mortgage applications.
• Analyze credit, income, net worth, equity, security, property, borrower experience, and exit strategy.
• Review appraisals, titles, corporate documents, financial statements, and supporting documentation.
• Identify missing information, inconsistencies, risks, and potential fraud or compliance concerns.
• Structure appropriate loan terms, conditions, and recommendations.
• Prepare clear approval, decline, or conditional approval recommendations for ownership.
• Communicate professionally with mortgage brokers, borrowers, lawyers, appraisers, and other third parties.
• Manage your assigned underwriting pipeline and maintain accurate, complete files.
• Follow established AML, FINTRAC, KYC, and internal compliance procedures, escalating concerns when required.
• Provide practical solutions without compromising lending standards.

You’re likely a fit if you:

• Have 2–5+ years of mortgage underwriting, private lending, alternative lending, credit, or closely related experience.
• Have personally underwritten complex residential or commercial mortgage files.
• Understand how to assess the full deal: borrower, property, leverage, liquidity, documentation, and exit.
• Can make decisions without needing every file to fit a bank’s checklist.
• Are detail-oriented without becoming slow or overly bureaucratic.
• Can clearly explain why a deal works, why it does not, or what would need to change.
• Are comfortable pushing back on brokers and ownership when the risk is not justified.
• Take ownership of deadlines, follow-up, and file quality.
• Have Canadian mortgage experience, preferably in Alberta, British Columbia, and/or Saskatchewan.
• Are local to Calgary

What success looks like

Within your first 90 days, you will be able to:

• Independently underwrite active files with consistent turnaround.
• Produce clear, defensible credit recommendations.
• Identify major risks before they become funding or investor problems.
• Maintain clean, complete underwriting files.
• Earn the trust of ownership, brokers, lawyers, and lending partners.

Why join Lions Den Capital?

• Direct access to ownership and meaningful influence on lending decisions.
• Complex, non-cookie-cutter files instead of repetitive institutional underwriting.
• A lean team where judgment matters and strong performance is visible.
• Calgary-based hybrid flexibility for the right candidate.
• Opportunity for growth within the company.
• Compensation based on experience, judgment, and contribution: $50,000–$85,000+ per year.

How to Apply

Send your resume and a video to hr@lionsdencapital.ca to be considered for this position.

Your video should address both of the following:

• Why would you be a good candidate for the Senior Mortgage Underwriter role at Lions Den Capital?
• What is the most complex private mortgage deal you have personally underwritten? What risks did you identify, and why did you ultimately approve or decline the deal?

We are less interested in a polished presentation and more interested in how you think, communicate, assess risk, and make lending decisions.

Applications must include a video addressing both questions to be considered

Benefits:

• Casual dress
• Dental care
• Extended health care
• Life insurance
• On-site parking
• Paid time off
• Vision care
• Wellness program
• Work from home