Residential Underwriter

About the role

The Residential Underwriter will adjudicate mortgage applications by assessing prospective clients in accordance with the 5 C’s (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 files.
• Receive, 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 matrices.
• Adhere to applicable compliance obligations including Privacy, Anti‑Money Laundering/Anti‑Terrorist Financing and internal Anti‑Fraud Policy requirements.
• File 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 satisfaction.

• Authorized to work in Canada.
• Excellent communication skills.
• Post‑secondary degree or diploma, preferably in business management, finance, or related field (university an asset).
• 3–5 years mortgage lending experience.

• Work‑Life Balance:
  Hybrid work model designed to support your lifestyle.
• Generous vacation based on your role, statutory holidays, plus 6 wellness days to prioritize your well‑being.
• Competitive base salary plus an annual incentive bonus tied to performance.
• Robust health and dental coverage through Manulife, as well as virtual healthcare through Dialogue.
• Group Retirement Savings Plan with up to 7% employer match.
• Discounts from top retailers via Work Perks and location‑based perks such as gym memberships and Toronto Bike Share.
• Gym access at London and Montreal offices.
• Education Assistance Program and Fairstone Academy for training and skill development.
• Parental leave top‑up program to help you during life’s big moments.
• One paid volunteer day to give back to causes that matter to you.

• Time Type:
  Full time.
• Job Type: Permanent.

Fairstone is an equal opportunity employer. Accordingly, we will make reasonable accommodations to respond to the needs of people with disabilities. Individuals who view themselves as Aboriginals, members of visible minorities, and disabled are encouraged to apply in confidence.