Company Overview IC Savings is a credit union that focuses on bringing the benefits of co-operative banking to more than 17,000 personal and business members, whether online, by mobile or in branch at its eight locations in the Greater Toronto Area. The Senior Underwriter actively promotes IC Savings’ 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 IC Savings 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 IC Savings’ full range of lending solutions with a focus on residential mortgages.
Introduce and train broker community on new mortgage offerings.
Maintain both a high personal profile and the reputation of IC Savings as 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 IC Savings 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.
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.
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 professional development.
10+ years of retail credit adjudicating experience in the banking industry, with at least 5+ years of residential mortgage underwriting experience in the alternative mortgage lending space.

- Completion of post-secondary education in combination with relevant mortgage underwriting experience and job-related courses/education.
- Self-starter, self-motivated, creative and entrepreneurial with solid interpersonal & communication skills and an ability to work within a team workplace.
- Strong English written & oral communication skills; excellent phone etiquette; proficiency in other languages an asset.
- Strong working knowledge of MS Word, Excel, Outlook.
- Strong focus on customer service excellence, organization, attention to detail and sense of urgency; Professional, team oriented, office environment.

Core business hours based on 37.5-hour work week; Monday to Friday from 9:00 am 5:00 pm; these include, but are not limited to sitting, considerable use of computer and phone, seldom moving items up to 25 pounds in weight, driving.
Ability to visit various mortgage broker offices and attend job related trade shows and events across the GTA.
At IC Savings, we are committed to accommodating people with disabilities as part of our hiring process. Full-time, Permanent
Dental care
Disability insurance
Discounted or free food
Employee assistance program
Life insurance
On-site gym
Ability to commute/relocate
~ Etobicoke, ON M9B 1B2: reliably commute or plan to relocate before starting work (required)

📌 Senior Credit Insurance Underwriter (Montreal)
🏢 IC Savings
📍 Montreal