Mortgage Funder, Third Party Residential Underwriting - BMBE
Job Description
We are hiring a Mortgage Funder, Third Party Residential Underwriting - BMBE!
Reporting To: Manager, Third Party Residential Underwriting
Salary Range: $45,000-$60,000
Hours of Work: 8:30 a.m. – 5:00 p.m.
Grade: 6.7
Location: Outstanding 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 Opportunity
The Residential Mortgage Funder is responsible for instructing, advancing and closing mortgage files.
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.
How you will contribute
Check with law society for entitlement of solicitor
Check information to ensure accuracy, i.e. correct lender, CMHC/GE approval
Contact solicitor to confirm that he/she is acting on mortgagor’s behalf
Prepare and send applicable instructional package to solicitor along with relevant documents
Follow up with solicitor to obtain advance request
Organise mortgage file in correct order
Check the request for funds from the solicitor
Send the mortgage advance sheet to the accounting department
Send the solicitor a list of outstanding conditions, mortgage commitment and mortgage advance breakdown
Contact solicitor when funds are ready
Follow up with solicitor prior to closing
Contact solicitor to advise that funds can be released
Ensure that all conditions have been met, all documentation has been received and that file is complete on the day of closing
Close files in the system and send to accounting department
Review solicitor mortgage documentation to ensure it corresponds to the terms of the commitment and is in compliance with established regulatory and company guidelines and policies
Escalate any documentation issues to the Mortgage Underwriter and/or Manager for review
Coordinate with mortgage accounting for the release of mortgage funds on a timely basis
Respond to all inquiries within the established turnaround times
Adhere to policy/procedures to ensure AML and Quality Assurance requirements are met
The Requirements Needed
Strong communication skills, verbal and written
Proven organisational skills and demonstrated ability to prioritise and multitask
Demonstrated ability to work under pressure and maintain a calm focus during hectic periods
Post‑secondary education and/or equivalent work experience preferred
Competency in MS Office; capacity to learn new technologies/systems
Completion of Mortgage Agent Course and/or BC Financial Services Authority (BCFSA) licence an asset
The experience you need
Ability to build and maintain positive relationships
Strong communication skills—both written and verbal
Ability to deal with conflict
Analytical skills
Strong organisational and time management skills
Positive team player
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
Working Environment and Physical Demands Analysis
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 programme
Competitive compensation
Comprehensive benefits programme (i.e. Health Spending Account, Maternity and Parental Leave Top‑Up)
Extensive training programmes 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
The team you’ll join
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 recognised as a great place to work and we are proud that our employee engagement feedback is higher than our industry partners.
Equal Opportunity Employer
First National is proud to be an equal opportunity employer and is committed to diversity and inclusion regardless of race, colour, 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
[email protected] should you need an accommodation at any point in the recruitment process.
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📌 Mortgage Funder, Third Party Residential Underwriting - BMBE (British Columbia)
🏢 First National Financial
📍 British Columbia