Job Summary
We are seeking an experienced Senior Mortgage Underwriter to join our brokerage. The ideal candidate will be responsible for evaluating mortgage loan applications, assessing risk, and ensuring compliance with lending policies. This role requires a strong background in mortgage underwriting, documentation review and strong communication skills. The Senior Mortgage Underwriter plays a critical role in maintaining the integrity of our lending process while supporting the organization’s growth and stability.
Duties
- Conduct comprehensive analysis of mortgage loan applications, including reviewing credit reports, income verification, Down payment verification and property appraisals.
- Assess borrower risk by applying advanced risk analysis techniques and investment knowledge to determine loan eligibility.
- Ensure all underwriting decisions comply with internal policies, regulatory standards, and investor guidelines.
- Collaborate with associates to clarify application details and provide guidance on approval or denial decisions.
- Utilize research skills to stay updated on market trends, regulatory changes, and industry best practices affecting mortgage underwriting.
- Prepare detailed reports and documentation to support underwriting decisions for audit and review purposes.
- Participate in ongoing training to enhance knowledge of lender products & services, AML Updates and lender portal management.
Qualifications
- Proven experience in mortgage underwriting or related roles within the mortgage indusry
- Excellent attention to detail coupled with strong analytical thinking skills.
- Ability to interpret financial documents, credit reports, and property appraisals accurately.
- Effective communication skills for collaborating with team members to ensure smooth delivery of mortgage approvals.
- Must be RECA Licensed
- Minimum 3 years underwriting or mortgage brokering experience.
Pay: $80,000.00-$135,000.00 per year
Work Location: Hybrid remote in St. Albert, AB T8N 0P5
