We are urgently hiring Underwriter - Intermediate(Residential Mortgages)

Location : Montreal, Quebec (Hybrid - Onsite once a week for the first 5 )

Duration: 6 months contract with convert to Full Time, however could be extended based on volume.

Client Domain: Banking & financial Services.

- 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.
- Bilingual - French
- RESL specific Underwriting (Real-estate Secured Lending)
- Decisioning experience with approval authority
- Experience in reviewing and evaluating documents (income, down-payment, offers, etc..)
- Experience in exceptions rational (*they will be making exceptions themselves)
- Valuable Understanding of risk mitigation

Nice to Have

- Any broker or underwriting course experience
- Outlook and Excel skills
- A university Degree
- Familiarity with Canadian Rules and Regulation

📌 Underwriter (Montreal)
🏢 Bay Street Staffing
📍 Montreal