Underwriting Associate - North York, Canada - Lendfinity

Description

About us
Lendfinity is a small business in North York, ON M2N 5W9.

We are professional, agile, and our goal is to About us Lendfinity is a trusted private lender that believes in common sense-based financing solutions.

With years of industry expertise, we understand the challenges brokers like you face. As part of our dedicated team, we are seeking a motivated Underwriting Associate to join our dynamic team.


Our work environment includes:
Modern office setting Growth opportunities.


Our work environment includes:

• Modern office setting
• Food provided
• Growth opportunities
• Modern office setting

Job description

Underwriting Associate

Lendfinity Financial's vision is to help Canadians with short-term mortgage requirements and provide a better exit strategy, putting them in a better financial condition.

If your objectives align with ours, please explore the job openings below and send us your resume to get started.

Responsibilities:

As an Underwriting Associate, you will play a crucial role in supporting our underwriting operations.

Your responsibilities will include but are not limited to:

• Assisting in the underwriting process for new business, renewals, and endorsements.
• Monitor Deals and followups to ensure deals are submitted via our submission platforms.
• Conducting thorough analysis of Property Value, Credit Reports, and other relevant documents to assess the overall deal.
• Collaborating with BDM to evaluate complex risks and develop solutions.
• Communicating with brokers, agents, and clients to obtain necessary information and clarify underwriting requirements.
• Maintaining accurate records and documentation of underwriting activities.
• Write up the deal and follow documentation requests throughout the process to ensure that all required information is captured to ensure a seamless approval process.
• Proactively engage with the underwriting team ensuring deal approvals in a timely manner.
• Follow up with brokers to ensure lawyer requirements are completed, and files are funded in a timely manner
• Staying updated on industry trends, regulatory changes, and best practices in underwriting.
• Represent Lendfinity at events, seminars, and meetings.

Qualifications:

• Knowledge and experience in the Canadian Mortgage/Real estate industry.
• Minimum of 1 year of sales and customer service experience, preferably in the financial services industry.
• Postsecondary education or equivalent is preferred.
• A problem solver with proven problemsolving skills and agility to anticipate and handle any task assigned.
• A skilled prioritizer who understands and prioritizes workflow while taking the initiative to begin, track, and complete tasks and/or projects.
• A strong communicator. Strong written and oral communication skills and demonstrated ability to collaborate and communicate effectively with team members and stakeholders.
• Proficient with technology, including working efficiently and effectively within a Macbased environment using multiple software platforms such as Word/Excel/PowerPoint, Google Slides, and Google Docs.
• Someone who gets the job done and is flexible to work outside of core business hours when needed

Working Conditions and Benefits

• Starting compensation of $40,000 $45,000 (Increment with performance)
• Comprehensive health benefit plan
• Core operating hours (10:00 am to 6:00 pm)
• Small teams that offer lots of autonomy to make impactful decisions
• A culture which fosters an atmosphere for employees to be themselves authentically
• A teambased environment with peertopeer learning opportunities
• Social Engagements

Job Type:
Full-time


Benefits:

• Dental care
• Life insurance
• Paid time off

Schedule:

• Monday to Friday
• Weekends as needed

Work Location:
In person


Job Types:
Full-time, Permanent


Benefits:

• Company events
• Dental care

Flexible Language Requirement:

• French not required

Schedule:

• Monday to Friday

Experience:

- underwriting: 1 year (required)


Work Location:
In person