We are urgently hiring Underwriter - Intermediate(Residential Mortgages)

Location : Montreal, Quebec (Hybrid - Onsite once a week for the first 5 )

Duration: 6 months contract with convert to Full Time, however could be extended based on volume.

Job Description

Decision- Maker -Negotiate, approve, decline and recommendapplications, within established Client processes, guidelines andauthorized lending limit of up to $1,500,000, including residentialmortgage, real estate secured and unsecured applications.

Analytical - Gather, review and assess information and documentation tosupport each credit application within Client risk parameters andInsurers guidelines, if applicable.

Relationship building -Handle, as required, correspondence and telephone inquiries frominternal business partners and external business partners such asinsurers, appraisers and solicitors.





Risk- Assessment- Review,prepare and make considered recommendations to Manager or seniorunderwriter where residential mortgage application is above authoritylimit.

Agile - Manage high work volumes to meet short time lineswith a high level of quality and due diligence. You will also beexpected to review a variety of lending products on a day to day basis.

Must Have Requirement

- 3-4 Years Retail mortgage underwriting experience. Mostly residential Mortgages.
- RESL specific Underwriting (Real-estate Secured Lending)
- Decisioning experience with approval authority
- Experience in reviewing and evaluating documents (income, down-payment, offers, etc..)
- Experience in exceptions rational (*they will be making exceptions themselves)
- Valuable Understanding of risk mitigation

Nice to Have

Any broker or underwriting course experience

Outlook and Excel skills

A university Degree

Familiarity with Canadian Rules and Regulation

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