Associate Mortgage Underwriter Third Party Residential Underwriting BMBE
Associate Mortgage Underwriter Third Party Residential Underwriting BMBE
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Job Description
First National supports requests for accommodation from applicants with disabilities; please contact Human Resources at should you need an accommodation at any point in the recruitment process.
We are hiring an Associate Mortgage Underwriter Third Party Residential Underwriting BMBE!
Reporting To:
Manager Third Party Residential Underwriting BMBE
FullTime/Part Time:
Fulltime
Posting Date:
March 19 2025
Closing Date:
April 4 2025
Hours of Work:
8:30 a.m. 5:00 p.m.
Grade:
Office Location:
8.7
Toronto ON
Great location! Steps away from the main public transit station
What we offer:
Highly competitive compensation package which includes base salary bonus benefits and career advancement opportunities!
*Eligibility for benefits is dependent on the terms of employment
The Opportunity:
The Third Party Residential Underwriting Division as a Division of First National Financial provides underwriting expertise and services on behalf of other financial institutions to the Canadian Mortgage Broker channel.
Reporting to the Manager Third Party Residential Underwriting the Associate Mortgage Underwriter supports the underwriting and credit decision process by reviewing all required documentation and applying sound due diligence. The Associate Mortgage Underwriter is responsible for escalating any inaccuracies issues or items that are incomplete and potentially present risk to the Company.
How you will contribute:
- Establishes and maintains positive relationships with mortgage brokers to build loyalty to the Company
- Maintains positive relationships with external partners such as mortgage insurers appraisers title insurance companies and solicitors
- Interacts with mortgage brokers for the collection of all required documents to satisfy mortgage commitment conditions
- Reviews and verifies accuracy of required documentation related to income down payment and the property using sound due diligence and in compliance with internal and regulatory guidelines prior to signing off on any mortgage conditions or documents where applicable
- Escalates any documentation issues to the Underwriter for review and sign off
- Documents clear and complete notes within the mortgage underwriting system
- Responds to all inquiries within established turnaround times
- Adhere to policies/procedures to ensure AML requirements are met.
Skills and Attributes:
- Strong aptitude for service excellence
- Ability to build and maintain positive relationships
- Strong communication skillsboth written and verbal
- Ability to deal with conflict
- Analytical skills
- Attention to detail
- Strong organizational and time management skills
- Positive team player
- Fully competent in working with basic PC software and working knowledge of the suite of Microsoft office products
- Ability to manage pressure in an environment of high volume processing with tight turnaround times
Education/Certification/Experience Requirements:
- Completed postsecondary education or equivalent work experience required
- Previous experience within Financial Services sector preferred
- Previous experience within Mortgage industry an asset
- Completion of Mortgage Agent Course and/or FSRA License an asset
- Working knowledge of PC software in a Windows environment required
In accordance with the FSRA if a successful candidate is not already licensed upon starting with First National they will be registered for the applicable educational courses and upon successful completion of the exam First National will register them with FSRA to complete the licensing process.
Working Environment and Physical Demands Analysis:
- Office environment
- Periods of high volume with tight timelines
- Long periods of stationary position/sitting
- Prolonged periods of repetitive movement (i.e. using a keyboard and mouse)
- Long periods of time in viewing a computer screen
- Multitasking may include speaking to customers on a telephone call while looking up information on a computer program.
Why join First National
- Competitive Compensation
- Comprehensive benefits program (i.e. Health Spending Account Maternity and Parental Leave Top Up)
- Hybrid working environment select if applicable.
- Extensive training programs to set our employees up for success
- Modern office environment conducive to collaboration
- Supportive teamwork culture
- Opportunities to give back to the communities and work through events focused on a variety of charities
- Ongoing social events throughout the year
The team youll join:
Founded in 1988 First National is one of Canadas largest nonbank lenders. We provide residential mortgages exclusively through the mortgage broker channel and we are Canadas largest commercial mortgage lender.
First National has been consistently recognized as a great place to work and we are proud that our employee engagement feedback is higher than our industry partners.
We would like to thank all applications for their interest in this future vacancy but only candidates selected for an interview will be contacted.
#FNLOON
Other details
- Job FamilyRUW .7
- Pay TypeSalary
Required Experience:
IC
Employment Type
Full-Time
