Mortgage Underwriter, Third Party Residential Underwriting-MBBS

Mortgage Underwriter, Third Party Residential Underwriting-MBBS Job Description

Salary Range: $63,000-$83,000

Hours of Work: 8:30 a.m. – 5:00 p.m.

Reporting To:
Manager, Third Party Residential Underwriting

Reporting to the Manager, Third Party Residential Underwriting, the Mortgage Underwriter supports the underwriting and credit decision process by reviewing all required documentation and applying sound due diligence. The Mortgage Underwriter is responsible for escalating any inaccuracies, issues, or items that are incomplete and potentially present risk to the Company. The Third-Party Residential Underwriting Division, as a Division of First National Financial, provides underwriting expertise and services on behalf of other financial institutions to the Canadian Mortgage Broker channel.

• Establish and maintain positive relationships with mortgage brokers to build loyalty to the Company
• Maintain positive relationships with external partners such as mortgage insurers, appraisers, title insurance companies, and solicitors
• Adjudicate mortgage applications within established authority limits while ensuring adherence to policies and guidelines
• Interact with Mortgage Insurers where applicable to complete credit lending decisions
• Ensure due diligence has been completed prior to signing off on any mortgage conditions or documents, where applicable
• Prepare and issue mortgage commitments with appropriate conditions within established service level agreements/turnaround times
• Prioritize applications and workflow to ensure consistent and sound risk assessments are maintained while managing high volumes and a continued focus on service excellence
• Stay current with latest industry knowledge, competition, and market trends

• Ability to build and maintain positive relationships
• Strong communication skills—both written and verbal
• Ability to manage and resolve conflict
• Strong analytical skills
• Organizational and time management skills
• Positive team player with desire and ability to mentor others
• Effective problem solving and decision-making skills
• Fully competent in working with basic PC software and working knowledge of the suite of Microsoft office products
• Ability to manage pressure in an environment of high-volume processing with tight turnaround times

• Completed post-secondary education or equivalent work experience required
• Minimum 2 years previous mortgage underwriting experience required
• Completion of Mortgage Agent Course and/or FICOM License an asset
• Working knowledge of PC software in a Windows environment required

In accordance with the BC Financial Services Authority (BCFSA), if a successful candidate is not already licensed, upon starting with First National, they will be registered for the applicable educational courses and upon successful completion of the exam, First National will register them with BCFSA to complete the licensing process.

• Periods of high volume with tight timelines
• Long periods of stationary position/sitting
• Prolonged periods of repetitive movement (i.e. using a keyboard and mouse)
• Long periods of time in viewing a computer screen
• Multi-tasking may include speaking to customers on a telephone call while looking up information on a computer program.
• Competitive Compensation
• Extensive training programs to set our employees up for success
• Modern office environment conducive to collaboration
• Supportive teamwork culture
• Opportunities to give back to the communities and work through events focused on a variety of charities
• Ongoing social events throughout the year

First National is proud to be an equal opportunity employer and is committed to diversity and inclusion regardless of race, color, religion, national origin, age, gender identity, physical or mental disability, sexual orientation and any other category protected by law.

First National supports requests for accommodation from applicants with disabilities; please contact Human Resources at ac should you need an accommodation at any point in the recruitment process.