The Underwriter, Residential Mortgage will report to Senior Manager, Residential Mortgage, and assist in residential mortgage underwriting and relevant operational activities.
Key Responsibilities & Accountabilities
Prepare reports, files and documents in support of the Residential Underwriting team function
Review residential mortgage applications: perform credit assessment, communicate with branch/relationship managers and prepare analysis opinion
Review and analyze appraisal reports
Recommend decision on residential mortgage applications to approval authority
Review and request approval for registration of new appraisal company or mortgage brokerage
Register residential mortgage application in the Bank’s core banking system
Instruct relevant department to process legal document and to send instructions to solicitors
Other duties as required by Department
Job Requirements
Education Requirements: Bachelor’s degree is required, preferably in business or finance; or equivalent experience in financial services or a related field
Work Experience Requirements: 3+ years of work experience preferred,
ideally in Canadian financial institution
Strong communication skills (verbal and written)
Strong proficiency in Microsoft Office programs - i.e. Word, Excel, Powerpoint
Extreme attention to detail
Ability to work effectively within a team workplace and to interact with all levels
Ability to prioritize, perform well under pressure and meet time sensitive deadlines
Proven ability to work well with others
Legally eligible to work in Canada
Knowledge & Skills
Knowledge of Administration processes, practices and procedures
Risk, compliance and audit mindset
In-depth knowledge of lending products & industry
Ability to work in a fast paced and changing workplace
Strong attention to detail and the ability to work under pressure