WHO WE ARE

HomeEquity Bank is a Schedule 1 Canadian chartered bank and the leading national provider of reverse mortgages, with a growing portfolio. As the only bank solely dedicated to serving homeowners 55 and up, we’re passionate about helping Canadian homeowners live retirement on their terms. We live that commitment every day, with a range of reverse mortgage solutions that include our flagship CHIP Reverse Mortgage™ product.

OUR VALUES, OUR PASSION

At HomeEquity Bank, our values drive and inspire our actions with our customers, our partners and each other. Customer-Focused. Passionate Advocates Courage to Act. Do the Right Thing One Team. One Vision Think Long-Term. Ever-Evolving Be Exceptional. Inspire Greatness.

POSITION SUMMARY

The underwriter is accountable for independently adjudicating residential mortgage applications by assessing borrower creditworthiness, property and collateral risk, and overall file integrity in accordance with approved credit policy, underwriting guidelines, and delegated lending authority. The role ensures sound and well-documented credit decisions, timely file turnaround, and compliance with regulatory, audit, and internal risk standards while supporting the Bank’s risk appetite and business objectives.

Credit Adjudication & Risk Management

- Review and decision mortgage applications within delegated lending authority
- Balance risk and opportunity by structuring solutions that meet client needs while maintaining policy adherence
- Ensure underwriting decisions are complete, accurate, meet established quality standards and regulatory expectations
- Escalate suspicious or material risk concerns to management in accordance with Bank requirements
- Assess borrower, property, and collateral risk using a holistic,



risk‑based approach to support prudent lending decisions
- Identify, evaluate, document, and escalation exceptions in accordance with established approval protocols

Business Performance & Operational Excellence

- Manage underwriting pipeline while consistently meeting service level expectations and quality standards
- Maintain thorough and accurate system documentation, including decision rationale, conditions, and escalation records
- Identify process inefficiencies and propose practical improvements to enhance turnaround times and consistency
- Maintain knowledge of products, policies, underwriting guidelines, and regulatory expectations to support consistent decision‑making and stakeholder confidence

Stakeholder Collaboration

- Work collaboratively with internal and external partners (e.g., Sales, Fulfillment, Risk,) to resolve issues and support sound credit outcomes
- Build and maintain effective working relationships with Brokers, Sales, Risk, and internal partners
- Provide clear, timely, and professional communication on credit decisions, conditions, and risk considerations
- Support a strong risk culture by modeling disciplined underwriting practices and consistent application of policy

Excellent computer skills – Microsoft Office (Outlook, Word, Excel)

Deep experience in credit and mortgage underwriting,



including complex and non‑standard files Proven ability to exercise delegated lending authority and apply sound credit judgment Ability to influence outcomes through expertise, collaboration, and clear credit rationale Strong verbal and written communication skills (English/French as required) Ability to work independently and collaboratively within a team while effectively managing time, priorities, and workload Good understanding of the residential real estate market, real estate market trends, and industry lending practices.

Working Conditions Unique to Job

Hybrid office workplace

Souscripteur(trice) bilingue SOMMAIRE DU POSTE

Le ou la souscripteur(trice) est responsable d’évaluer et de rendre, de façon autonome, des décisions concernant les demandes de prêts hypothécaires résidentiels, en évaluant la solvabilité des emprunteurs, les risques liés à la propriété et aux garanties ainsi que l’intégrité globale des dossiers, conformément aux politiques de crédit approuvées, aux lignes directrices en matière de souscription et aux pouvoirs de prêt délégués. La personne titulaire du poste veille à ce que les décisions de crédit soient rigoureuses et bien documentées, à ce que les dossiers soient traités dans les délais prescrits et à ce que les exigences réglementaires, d’audit et de gestion interne des risques soient respectées, tout en soutenant l’appétit pour le risque et les objectifs d’affaires de la Banque.

RESPONSABILITÉS PRINCIPALES

- Évaluation du crédit et gestion des risques Examiner les demandes de prêts hypothécaires et rendre des décisions dans les limites des pouvoirs de prêt délégués.
- Trouver le juste équ

📌 Bilingual Underwriter (Toronto)
🏢 HomeEquity Bank
📍 Toronto