Mortgage Underwriter
- Vaughan, ON, Canada
Full-time
Applications open in a new tab.
Job details
- Job type
- Full-time
- Experience
- 3-4 years of retail mortgage underwriting experience
- Posting language
- English
- Posted
Original job description
The Underwriter will adjudicate mortgage applications by assessing prospective clients. Assessing risk and ensuring all applications adhere to both quality and service standards remains the overarching focus for this role.
Key responsibilities:
- Make prudent credit decisions on complex mortgage files
- Receive, review, analyze and verify mortgage applications for completeness, accuracy, suitability and risk
- Adhere to applicable compliance obligations
- Handle difficult interactions
- Review, prepare and make considered recommendations
- Manage high work volumes to meet tight time lines with high-quality, due-diligence standards.
- Conducted comprehensive loan application reviews, assessing borrower information, financial documents, and credit history
Requirements:
- 3-4 years of retail mortgage underwriting experience
- Experience in reviewing and evaluating documents (income, down-payment, offers, etc)
- Good understanding of risk mitigation
- Experience in a-lending
- Strong understanding of mortgage documentation, credit analysis, and risk assessment
- Proficiency in Microsoft Word and Excel
- Holds or is willing to obtain an active Mortgage Agent license
- Detail-oriented, organized, and comfortable working under deadlines
- Strong communication skills with a client-service mindset
More about this job
Responsibilities
The Underwriter adjudicates mortgage applications by assessing risk and ensuring compliance with quality and service standards. Key tasks include reviewing financial documents, making prudent credit decisions, and managing high work volumes within tight timelines.
Requirements
Candidates must have 3-4 years of retail mortgage underwriting experience and a strong understanding of risk assessment and credit analysis. Proficiency in Microsoft Office and a willingness to obtain a Mortgage Agent license are required.
Skills
- Mortgage Underwriting
- Credit Analysis
- Risk Assessment
- Risk Mitigation
- Mortgage Documentation
- Financial Document Review
- Compliance
- Microsoft Word
- Microsoft Excel
- Due Diligence
- Client Service
- Communication Skills
- Decision Making
Visa sponsorship
Not detected in the job text
Categories
- Finance & Accounting
Keywords
- Mortgage Underwriting
- Credit Analysis
- Risk Assessment
- Risk Mitigation
- Mortgage Documentation
- Compliance
- Financial Analysis
- Microsoft Word
- Microsoft Excel
- Mortgage Agent License
- Retail Mortgage
- Due Diligence
- Finance