Come join Home Trust Company as a Residential Underwriter in our Underwriting Classic - Toronto team! Home Trust Company has developed a track record of success as Canada’s leading alternative lender, employing nearly 800 people in our Toronto headquarters and branches across the country. Building on the demonstrated strength of its core residential mortgage lending business, the Company also offers complementary lending services, as well as highly competitive deposit investment products, through Oaken Financial. Our culture has been shaped by the passion and integrity of our people. Home Trust is a private company. FIRST THING – WHAT YOU NEED TO SUCCEED? We are looking for individuals who are dedicated, passionate, and driven to execute with excellence! WE CARE ABOUT OUR EMPLOYEES WELL-BEING, WHAT WE OFFER: Base salary, with yearly incentive performance bonus Three (3) weeks of vacation, an additional six (6) flex days (sick or personal) in addition to statutory holidays Comprehensive benefit packages, offered through Manulife Group Retirement Savings Plan (GRSP) up to 8% contribution program & employer match $1000 Employee Referral Program Employee Discounts; phone plans, gym membership, Toronto Bike Share and many retailer discounts offered through WorkPerks Education Assistance program ABOUT THE ROLE: The Residential Underwriter will adjudicate mortgage applications by assessing prospective clients in accordance with the 5 Cs (Capacity, Capital, Collateral, Character, and Conditions). Assessing risk and ensuring all applications adhere to both quality and service standards remain the overarching focus for this role. In addition: Make prudent credit decisions on complex mortgage filesReceive, review, analyze and verify mortgage applications for completeness, accuracy, suitability and risk to ensure compliance with all aspects of Home Trust Company’s underwriting policies, procedures and guidelines per delegated authority matricesAdhere to applicable compliance obligations including Privacy, Anti-Money Laundering/Anti-Terrorist Financing and internal Anti-Fraud Policy requirementsFile Unusual Transaction Reports as applicable to fulfill individual employee obligations to detect and deter financial crimes activity. Maintain consistent, objective and sound risk assessments in a high volume, service-oriented environment Analyze and underwrite residential mortgage applications, including an assessment of the borrower, real estate security and loan terms as well as identifying any associated risk Negotiate, recommend and approve loan terms within Home Trust’s risk appetite Maintain accurate information and detailed notes on applications Prepare and issue conditional mortgage commitments according to negotiated and approved terms, which outline all conditions that must be met to Home Trust’s satisfactionWHAT WE REQUIRE: Authorized to work in Canada Great communication skills Post-secondary degree or diploma, preferably in business management, finance, or related field (university an asset) 3-5 years mortgage lending experience PREREQUISITE: Maintain a positive supportive attitude, help to maintain an inclusive and supportive company culture! Follow us on LinkedIn: Home Trust Company: My Company | LinkedIn
Job Title
Residential Underwriter