Residential Underwriter - Montréal, Canada - Home Trust Company

Home Trust Company

Verified Company

Montréal, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Company Profile

Home Trust Company has developed a track record of success as Canada's leading alternative lender, employing nearly 850 people in our Toronto headquarters and branches across the country.

Building on the demonstrated strength of our core residential and commercial mortgage lending business, the Company and its affiliates also offer complementary lending services and competitive deposit investment products.

Our culture has been shaped by the passion and integrity of our people. Home Trust is a private company.

Position Responsibilities

Risk and Compliance (40%)

Make prudent credit decisions on complex mortgage files
Adhere to applicable compliance obligations including Privacy, Anti-Money Laundering/Anti-Terrorist Financing and internal Anti-Fraud Policy requirements
File Unusual Transaction Reports as applicable to fulfil individual employee obligations to detect and deter financial crimes activity. Maintain consistent, objective and sound risk assessments in a high volume, service-oriented environment

File Management (40%)

Negotiate loan terms to meet interests of the client and Home Trust's risk tolerance
Prepare and issue conditional mortgage commitments outlining all conditions that must be met to Home Trust's satisfaction
Issue mortgage commitment according to negotiated and approved terms
Review completeness and quality of file documentation prepared by Originations prior to funding

Communication (20%)

Work effectively with all internal business partners to underwriting quality transactions and provide a high level of service
Remain current on latest developments within industry and market trends to secure competitive advantage
Formal Education
Post secondary degree or diploma required (University degree preferred)
Related Experience

35 years (5+ years for Senior) with mortgage lending
Strong understanding of residential mortgage products
Proficient in adjudicating credit

Skills:
Communication (verbal and written) - excellent
Time management, highly organized
Multi-tasking in fast paced, deadline driven environment
MS Office - proficient
Position Complexities
Some work beyond standard hours
Bilingualism an asset
Acknowledgement

All employees of Home Trust Company must comply with all applicable Home Trust Company, and specific Line of Business policies, standards, guidelines and controls.

Additionally, all employees are obligated to become familiar with Home's risk management framework and understand the operational risk management requirements within their specific business.

Employees are also expected to understand and comply with the Company's Code of Business Conduct & Ethics Policy at all times and escalate any issues or concerns through various reporting channels (i.e. Ombudsman, Compliance Hotline, Whistleblower Policy, etc).