We are hiring a Director and Team Lead, Third-Party Residential Underwriting BMBE!
Reporting To Assistant Vice
President, Third-Party Residential Underwriting BMBE Full-Time/Part- Time Full-time Salary Range $110,000-$150,000 Posting Date August 11, 2026 Closing Date August 18, 2026 Hours Of Work 8:30 a.m. – 5:00 p.m.
Grade Office Location: 18.7 Toronto, ON 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 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.
Reporting to the Assistant Vice President, Third Party Underwriting, the Director provides leadership to a management team in meeting the goals of the Division.
Residential
Underwriting teams consist of Underwriters, Associate Mortgage Underwriters and Funders. Under the guidance and leadership of the Vice President, the Division is responsible for the assessment of mortgage applications, for third party clients, in making lending decisions in adherence with the established mortgage underwriting policies and guidelines set by the client. The teams also have responsibility for reviewing required documentation for accuracy, completion for closing and advancing funds on approved mortgage applications while maintaining a consistent focus on service excellence.
Management Responsibilities
Manage workflow so that established turn-around targets are met
Review internal and external auditing results to ensure company guidelines and procedures are properly adhered to
Implement appropriate action plans to ensure teams are in compliance with policies and processes
Communicate monthly status reports to the team
Control and manage the branch’s underwriting activities adhering to the underwriting guidelines
Analyze credit and property risk
Review approved and rejected applications to assess risk
Approve mortgages applications within appropriate assigned limits escalating to the appropriate level as required
Communicate policy changes and updates to division
Build and maintain broker relationships including escalations and concerns
Build and maintain third party client relationship
Communicate rate changes
Develop and maintain relationships with brokers to build loyalty to the Third Party Underwriting team.
Attend management meetings
Adheres to policies/procedures to ensure AML requirements are met, when applicable
Complete special projects as assigned Team Management Responsibilities Ensure the team has a solid understanding of clients’ policies, product knowledge and industry standards
Provide direction to team members on policy interpretation/corporate lending guidelines
Facilitate regular team meetings to provide updates on team performance, communicating changes in policies and procedures, and linking company and department goals to individual performance
Encourage participation and feedback from team leaders on how to continuously improve processes
Identify team and individual performance gaps; communicate performance gaps, sets action plans and provide training to improve performance
Provide feedback to team leaders on various quality audit reviews
Coach Managers on performance and customer service expectations, providing specific training in key skill areas, as necessary
Participate in the recruitment process
Salary administration
Conduct annual performance reviews and set performance goals, as well as, have checkpoint meetings with individuals throughout the year, as necessary The Requirements Needed Post-secondary education and/or equivalent work experience required
People management skills—coaching, feedback, development of individuals and teams
Ability to build and maintain positive relationships
Strong aptitude for service excellence
Ability to manage and resolve conflict
Strong communication skills—both written and verbal
Strong analytical skills
Organizational and time management skills
Positive team player with desire and ability to mentor others
Effective problem solving and decision making skills
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 In accordance with the FSRA, if a successful candidate is not already licensed, upon starting with First National, they will be registered for the applicable educational courses and upon successful completion of the exam, First National will register them with FSRA to complete the licensing process.
Working Environment And Physical Demands Analysis
Office environment
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 program. Why join First National?
Competitive Compensation
Comprehensive benefits program (i.e., Health Spending Account, Maternity and Parental Leave Top Up)
Extensive training programs 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 recognized as a great place to work and we are proud that our employee engagement feedback is higher than our industry partners. We would like to thank all applications for their interest in this existing vacancy, but only candidates selected for an interview will be contacted.
Artificial
Intelligence is not used in our recruitment or hiring process for this role.
First
National is proud to be an equal opportunity employer and is committed to diversity and inclusion regardless of race, color, 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. #FNUWON
📌 Director and Team Lead, Third-Party Residential Underwriting BMBE (East York)
🏢 First National Financial
📍 East York