Reporting to the Manager, Third Party Residential Underwriting, the Residential Mortgage Underwriter is responsible for rendering credit decisions on incoming applications within their authorized limits and with adherence to company and insurer policies and guidelines while focusing on service excellence. The Underwriter has responsibility for applying due diligence when reviewing required documentation to ensure accuracy and to protect the Company from risk.
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
Adjudicates mortgage applications within established authority limits while ensuring adherence to policies and guidelines
Interacts with Mortgage Insurers where applicable to complete credit lending decisions
Ensures due diligence has been completed prior to signing off on any mortgage conditions or documents, where applicable
Prepares and issues mortgage commitments with appropriate conditions within established service level agreements/turnaround times
Prioritizes applications and workflow to ensure consistent and sound risk assessments are maintained while managing high volumes and a continued focus on service excellence
Stays current with latest industry knowledge, competition, and market trends
The Requirements Needed:
Completed post-secondary education or equivalent work experience required
Minimum 2 years previous mortgage underwriting experience required
Completion of Mortgage Agent Course and/or BCFSA License an asset
Working knowledge of PC software in a Windows environment required
In accordance with the BCFSA, 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.
Why join First National?
Bright open concept office environment
Large kitchens with a coffee and latte maker to enjoy at no cost
Supportive teamwork focused environment
Collaborative entrepreneurial spirit
Opportunities to give back to the communities and work through events focused on a variety of charities
Ongoing social events throughout the year
Extensive training programs to set our employees up for success