Salary Range $70-$80K plus a bonus program This job posting was not created with AI. We still believe people fuel companies. Job Description Voted a 5-Star Mortgage Employer Marathon Mortgage Corp. (MMC) is a growing Canadian mortgage finance company whose success is predicated on its ability to provide competitive mortgage products, mortgage interest rates and reliable service for its borrowers and broker partners. Marathon’s explicit aim is to be a formidable presence in the mortgage market by mass-distributing and mass-marketing competitively priced mortgage products while delivering an exceptional service experience. MMC’s work environment is centered on its people to ensure they are valued, respected, and where balance, comradery, collaboration are the minimum watermarks. MMC is an empowering environment where people are measured by their performance and left to their talents to flourish. Job Overview (MINIMUM 5 YEARS UNDERWRITING EXPERIENCE REQUIRED) Based in the Greater Toronto Area the Mortgage Underwriter is responsible for rendering credit decisions on incoming applications from mortgage brokers and clients within their authorized limits and with adherence to company and insurer policies and guidelines while focusing on service excellence. The Underwriter has responsibility for applying due diligence when reviewing required documentation to ensure accuracy and to protect the Company from risk. Core Responsibilities Be a key contributor to delivering an exceptional service experience when interfacing with brokers, clients, and any other valued stakeholder; Underwrite tohighest credit quality standards as defined by the Residential Mortgage Underwriting Policy; Negotiate, approve, recommend,
and decline applications within Marathon's Residential Underwriting Guidelines; Able tobalance loan applications from clients and brokers; Review loan pricing based on risk objectives and thresholds; Follow-up on outstanding conditions/documents; Prepareand issue mortgage commitments; Maintain highstandard of fulfilling obligations regarding AML/Compliance, Quality Assurance, and the like; Evaluate realestate and associated risks in a volatile market; Handle difficult interactions and unpopular decisions; Keep up-to-date with evolving policies and procedures; Performing other duties and assist with special projects, as required. Qualifications Mortgage agent license viewed as a very strong asset; Must have 5 years of previous residential mortgage underwriting experience, with detailed working knowledge of real estate and covenant assessments; Detailed working knowledge of principles of credit analysis and risk management; Workingknowledge of PC software in a Windows environment; Demonstrates the ability to make and document decisions that consider all implications and proactive management of risk; Demonstrationof solid negotiation and problem‑solving skills; Abilityto adapt to changing volumes and while maintain turnaround time expectations; A very strongcustomer focus is required with an ability to ensure the customer experience is an exceptional one; Highly communicative and collaborative; View themselves as a key piece of the internal and external culture; An ability tomake quick decisions without compromising underwriting quality; Undergraduateuniversity degree is an asset; Abilityto speak French an asset. We invite you to submit your resume and cover letter to join an exciting organization with a great story ahead. We thank you and will reach out to those candidates we wish to pursue. #J-18808-Ljbffr
📌 Mortgage Underwriter - C$70,000 - C$80,000 A Year (Toronto)
🏢 Marathon Mortgage Corp. (MMC)
📍 Toronto
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