Company Overview Collins Recruitment Group has partnered with a well-established Toronto based credit union in search of a new Mortgage Underwriter. The Underwriter actively promotes full range of lending solutions, with emphasis on mortgages. The role is responsible for a senior lending approach to determining the credit worthiness of members (customers) based on established lending criteria.

Develop and strengthen internal and external relationships in a sales culture environment through networking/marketing with brokers, members, lawyers and represent the credit union at various industry related functions. Ensure regular contact with Mortgage Brokers. This may include visits and presentations at the Mortgage Brokers’ offices.

Actively promote sales of existing lending products, up-sell and cross-sell their full range of lending solutions with a focus on residential mortgages. Introduce and train broker community on new mortgage offerings. Actively participate in all credit union campaigns.

Maintain both a high personal profile and the reputation of the financial institution of choice amongst the Mortgage Broker community. Maintain sufficient sales call volumes to the Mortgage Brokers and Mortgage Agents to sustain assigned Target volumes.

Credit

Review, Analysis and Recommendation: Evaluate, assess, and recommend complex residential mortgage and loan applications to Management by assessing customer's credit history, collateral and income or ability to pay within established guidelines, policies and procedures.



Evaluate credit risk in compliance with internal and external regulatory guidelines, apply a prudent lending approach to underwriting, ensure suitability of lending products to borrowers'/members' circumstances. Negotiate, structure, and evaluate received mortgage applications according to internal policies.

Responsible for the review of complex deals and higher risk credit analysis. Issue mortgage commitments with appropriate conditions. Ensure accurate record keeping and records retention to meet Company and regulatory standards.

Identify, embrace and implement continuous improvement opportunities. Follow AML procedures on all files with an emphasis on “Know Your Member” rules. Adhere to compliance and operational risk controls in accordance with company’s policies and procedures.

Manage portfolio risk by exercising consistent, objective and sound credit decisions, escalating with quality rationale to support recommendation where appropriate. When required, interview loan and mortgage applicants, assist in the proper completion of credit applications, analyze financial information, assess credit, and make recommendations for approvals/declines.

If Credit

Limits have been issued, adhere to the approved Letter of Authority. Underwrite and maintain loan and mortgage applications submitted from retail branches and refinancing applications referred by the Retention team. Serve as a mentor and embrace a culture of continuous on-the-job knowledge, sharing, learning and career development. #

📌 Mortgage Wholesale Underwriter (Toronto)
🏢 Collins Recruitment Group
📍 Toronto