Mortgage Underwriter, Third Party Residential Underwriting

Mortgage Underwriter, Third Party Residential Underwriting

Toronto, ON, Canada

Posted Monday, January 5, 2026 at 5:00 AM | Expires Saturday, January 17, 2026 at 4:59 AM

We are hiring a Mortgage Underwriter, Third Party Residential Underwriting!

Reporting To:

Manager, Third Party Residential Underwriting

Full-Time/Part
- Time:

Full time

Posting Date:

January 5, 2026

Closing Date:

January 16, 2026

Hours of Work:

8:30 a.m. – 5:00 p.m.

Grade:

12.7

Toronto, ON

Great location! Steps away from the main public transit station

What we offer:

Highly competitive compensation package which includes, base salary, bonus, benefits, and career advancement opportunities!

* Eligibility for benefits is dependent on the terms of employment

Reporting to the Manager, Third Party Residential Underwriting, the Mortgage Underwriter is responsible for rendering credit decisions on incoming applications within their authorized limits and with adherence to company and insurer policies and guidelines while focusing on service excellence. The Mortgage Underwriter has responsibility for applying due diligence when reviewing required documentation to ensure accuracy and to protect the Company from risk.

Manage files from the time they are committed by the underwriter until all the broker’s conditions are met on the commitment.

• Establishes and maintains positive relationships with mortgage brokers to build loyalty to the Company
• Maintains positive relationships with external partners such as mortgage insurers, appraisers, title insurance companies, and solicitors
• Interacts with mortgage brokers for the collection of all required documents to satisfy mortgage commitment conditions
• Reviews and verifies accuracy of required documentation related to income, down payment and the property using sound due diligence and in compliance with internal and regulatory guidelines prior to signing off on any mortgage conditions or documents, where applicable
• Escalates any documentation issues to the Underwriter for review and sign off
• Documents clear and complete notes within the mortgage underwriting system
• Responds to all inquiries within established turnaround times
• Adhere to policies/procedures to ensure AML requirements are met.

• 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
• Adhere to policies/procedures to ensure AML requirements are met.

• Client Focus—we have an unwavering commitment for service excellence
• Team Orientation—we work together efficiently and are proud of our culture
• Respect for Others—we value the diversity of our people and we promote a respectful workplace

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

In accordance with the Financial Services Regulatory Authority (FSRA), 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 FSRA 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.
• Compet…