Senior Residential Underwriter - Alt. Lending chez True North Mortgage

Would you like to be proud of where you work and the products you sell?  How about enjoying coming to work every day while being well compensated for your performance? 

If you answered “Yes” to the above, then consider joining Canada’s most innovative company in the mortgage industry!

About THINK Financial 

With its head office located in Calgary AB, THINK Financial was opened in May of 2016 to provide the best service and unbeatable rates to our True North Mortgage partners. Since inception our volumes have surpassed our greatest expectations, and we continue to thrive in the mortgage market. 

About the Position:

The Senior Mortgage Underwriter is responsible for making sound lending recommendations, often under constrained timelines, without compromising credit risk and profitability. You will be required to follow corporate policies and procedures in order to work through files and rationalize the recommendations or decisions made. 

This position will be focused on Near Prime/Alt/B Lending Underwriting - previous experience working for B Lenders is required. Position is open to Hybrid or Remote work and will depend on the individuals experience.

The Senior Underwriter is a strong team contributor who is able to assist other team members with day to day activities.  

Responsibilities include but are not limited to:
 

• Review and verify the accuracy of required documentation using due diligence and in compliance with internal and regulatory guidelines. You will have to document clear and complete notes within the mortgage underwriting system.  
• You will make sound lending recommendations, often under constrained timelines, without compromising credit risk and profitability.  
• You will be required to follow corporate policies and procedures in order to work through files and rationalize the recommendations or decisions made. 
• We expect you to provide efficient turnaround times while maintaining good relationships within your THINK Financial team as well as with the True North Mortgage agents.  
• Working together as a team with a sense of urgency. 
• Communication by email, Slack and Phone as required for quick resolution. 
• Work towards a 90% internal audit pass rating. 
• Audit focused underwriting.  This includes keeping up to date with guidelines, research, discussion with Pod Team and escalating files as needed.  
• Assist in developing, refining, and implementing program policies and procedures to ensure efficiency and alignment with organizational goals. 
• Serve as a team leader by modeling best practices, supporting collaboration, and fostering the professional growth of team members. 
• Provide strategic guidance and insight by identifying opportunities for improvement, recommending changes, and contributing innovative ideas that drive the continued development and success of the program. 
• Properly follow established procedures for submitting, documenting, and processing exception approvals to ensure compliance and accountability. 
• Assistance on audit review items as required. 

The True North Advantage:

• In-House financing – this is where we really shine! THINK Financial, (THINKFinancial.ca) our own lender, has the lowest rates in the country which will allow you to compete in the most competitive market. 
• Private Lending - THINK Financial also offers private lending when your clients cannot qualify via the traditional route.

What we Offer:

• Competitive salary with medical and dental benefits paid for by the employer
• Diverse work environment
• Team events! We want you to be fully integrated into the True North team. We will hold regular team events so you can create new relationships and let loose and have a good time! Work hard, play hard! 
• Modern lounge outfitted with table tennis (ping pong for those of us less serious about the sport) and a games room 
• Rapidly growing organization
• Professional team with a shared perception of how things are done
• Learning and Development including online training and conferences
• Flexible work schedule and hybrid work schedule (split between work from home and in the office)

Time and time again we hear from our new recruits how happy they are with their decision to join True North Mortgage, so if you think you have the right combination of skills, experience and personality then please apply now!

This position is based in Toronto, ON.  We thank you for your interest in this role however only local candidates, and those interested in relocating, will be considered.