Mortgage Underwriter - Kelowna, Canada - Shelter Lending

Description

Job Title: Mortgage Underwriter:

Requirements: Mortgage Brokers License

Salary Range: $70,000-$100,000 + Bonuses

Responsibilities:

• Reporting to the VP of Underwriting
• Review received mortgage applications along with supporting documentation and correspond with brokers to ensure all necessary information has been provided to prepare file for underwriting.
• Negotiate terms with mortgage brokers, using assigned lending guidelines and pricing parameters.
• Underwrite and prepare files for submission to Lending Committee.
• Manage pipeline to ensure approved deals close as scheduled, while ensuring all outstanding funding conditions are satisfied within established timelines.
• Corresponded with mortgage brokers and other stakeholders in a timely and professional manner, while always maintaining composure and professionalism.
• Provide underwriting expertise to mortgage brokers, clients and co-workers and maintain an up-to-date knowledge of company policies, procedures, and products.
• Coordinate full cycle of mortgage funding, including liaising with lawyers, notaries, mortgage/insurance brokers, borrowers, and appraisers.
• Build positive relationships with Brokers and other partners.
• Assist the Service team with insight on high-risk deals including declines.
• Apply Due diligence when processing applications and reviewing documents. Utilization of additional search engines and tools provided for validation.
• Additional reporting and tasks as assigned by management.

Skills & Requirements

• High degree of accuracy and attention to detail.
• Mortgage Brokers Liscence
• The ideal candidate will have 3 to 5 years mortgage underwriting experience in the private lending or 'B' lending space.
• Proficient with property valuation methods and analyzing various appraisal reports.
• Sound knowledge of AML practices.
• Excellent time management, analytical and problem-solving skills.
• Proven ability to thrive in a constantly changing, high intensity environment with ability to always focus and maintain composure while managing up to a dozen active files at a time.
• Highly developed verbal and written communication skills with the ability to respond in a clear, concise, and professional manner.
• Display pride in providing superb customer service and finding creative solutions to issues.
• Proficiency in MS Office (mainly MS Word and Excel).
• Knowledge of fraud risk in the mortgage industry and the ability to address concerns relating to suspected misrepresentation.

What Moves You

• You may be trained to be alert to any potential risks, but you also believe that everyone deserves a fair shot at being a homeowner and you'll explore every avenue and angle when assessing an application.
• You're an excellent communicator who listens when people talk; and when you talk, people listen.
• You're a born analyst and love the idea of digging deep to find every little detail.
• You're a mad multi-tasker, able to juggle projects and deadlines with ease. You know how things get done (and how to get others to help you along the way).
• You know your stuff when it comes to dealing with credit.
• You work well on your own but also love being part of and collaborating in a team environment.

What You'll Get

• Competitive salary.
• Company Bonus Program
• Health & Dental benefits
• Work remotely
• Flexible Schedule & Great working environment
• Unlimited learning opportunities.
• Investment Opportunities

About Shelter Lending:

Shelter Lending was founded in 2015 under the name Northern Alliance and rebranded to Shelter Lending in 2019. We are a fast-growing private lender based in Kelowna, BC. We have lofty goals, we have fun, we work hard, and we have a great work life balance

Core Values

· Fair & Honest – We act with honesty and fairness with a common sense approach

· Solutions & Creativity – We create solutions by asking questions and being creative

· Decisive & Purposeful - We make decisions quickly

· Respect & Value - We respect and value all the people we work with – investors, staff, brokers, and borrowers.

· Thankful & Grateful - We are grateful for our company, and we choose to give back with our time and financial resources.