Job opportunity
Underwriter
Bay Street Staffing
We are urgently hiring Underwriter - Intermediate(Residential Mortgages)
Location : Montreal, Quebec (Hybrid - Onsite once a week for the first 5 )
Duration: 6 months contract with convert to Full Time, however could be extended based on volume.
Job Description
Decision- Maker -Negotiate, approve, decline and recommendapplications, within established Client processes, guidelines andauthorized lending limit of up to $1,500,000, including residentialmortgage, real estate secured and unsecured applications.
Analytical - Gather, review and assess information and documentation tosupport each credit application within Client risk parameters andInsurers guidelines, if applicable.
Relationship building -Handle, as required, correspondence and telephone inquiries frominternal business partners and external business partners such asinsurers, appraisers and solicitors.
Risk- Assessment- Review,prepare and make considered recommendations to Manager or seniorunderwriter where residential mortgage application is above authoritylimit.
Agile - Manage high work volumes to meet short time lineswith a high level of quality and due diligence. You will also beexpected 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 mitigation
Nice to Have
Any broker or underwriting course experience
Outlook and Excel skills
A university Degree
Familiarity with Canadian Rules and Regulation
#J-18808-Ljbffr
Apply on source site Location : Montreal, Quebec (Hybrid - Onsite once a week for the first 5 )
Duration: 6 months contract with convert to Full Time, however could be extended based on volume.
Job Description
Decision- Maker -Negotiate, approve, decline and recommendapplications, within established Client processes, guidelines andauthorized lending limit of up to $1,500,000, including residentialmortgage, real estate secured and unsecured applications.
Analytical - Gather, review and assess information and documentation tosupport each credit application within Client risk parameters andInsurers guidelines, if applicable.
Relationship building -Handle, as required, correspondence and telephone inquiries frominternal business partners and external business partners such asinsurers, appraisers and solicitors.
Risk- Assessment- Review,prepare and make considered recommendations to Manager or seniorunderwriter where residential mortgage application is above authoritylimit.
Agile - Manage high work volumes to meet short time lineswith a high level of quality and due diligence. You will also beexpected 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 mitigation
Nice to Have
Any broker or underwriting course experience
Outlook and Excel skills
A university Degree
Familiarity with Canadian Rules and Regulation
#J-18808-Ljbffr