We are urgently hiring Underwriter- Intermediate for one of our banking & financial service client.Duration: 6 months contract (extension possible)Location: Toronto, ON (5 week in person classroom training later fully remote)Responsibilities: Decision- Maker -Negotiate, approve, decline and recommend applications, within established Client processes, guidelines and authorized lending limit of up to $1,500,000, including residential mortgage, real estate secured and unsecured applications. Analytical - Gather, review and assess information and documentation to support each credit application within Client risk parameters and Insurers guidelines, if applicable. Relationship building - Handle, as required, correspondence and telephone inquiries from internal business partners and external business partners such as insurers, appraisers and solicitors. Risk- Assessment- Review, prepare and make considered recommendations to Manager or senior underwriter where residential mortgage application is above authority limit. Agile - Manage high work volumes to meet short time lines with a high level of quality and due diligence. You will also be expected to review a variety of lending products on a day to day basis. Must Have Requirement: 3-4 Years Retail mortgage underwriting experience. Mostly residential Mortgages. RESL specific Underwriting (Real-estate Secured Lending) Decisioning experience with approval authority Experience in reviewing and evaluating documents (income, down-payment, offers, etc..) Experience in exceptions rational (*they will be making exceptions themselves) Good Understanding of risk mitigationNice to Have: Any broker or underwriting course experience Outlook and Excel skills A university Degree Familiarity with Canadian Rules and Regulation Bilingual - French
Job Title
Underwriter