Manager, Small Commercial Underwriting

4 weeks ago

Toronto ON, Canada Home Capital Group Full time
Career Opportunities: Manager, Small Commercial Underwriting (14769)

Requisition ID 14769- Posted -  Full Time -  Commercial Underwriting -  Toronto

Home Trust Company has developed a track record of success as Canada’s leading alternative lender, employing nearly 850 people in our Toronto headquarters and branches across the country. Building on the demonstrated strength of our core residential and commercial mortgage lending business, the Company and its affiliates also offer complementary lending services and competitive deposit investment products. Our culture has been shaped by the passion and integrity of our people. Home Trust is a private company.

Position Overview

The Manager, Small Commercial Underwriting leads a group of underwriting professionals, ensuring adjudication of mortgage applications are in accordance with the 5 C’s (Capacity, Capital, Collateral, Character, Conditions). Assessing risk and ensuring all applications adhere to both quality and service standards remain the overarching focus for this role through coaching and mentoring their respective team.

Position Responsibilities

Risk and Compliance (40%)

  • Review, analyze and verify Small Commercial 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 fulfil individual employee obligations to detect and deter financial crimes activity. Maintain consistent, objective and sound risk assessments in a high volume, service-oriented environment

Leadership (40%)

  • Lead by example and provide daily feedback and coaching to team members
  • Foster a team environment focused on achieving all departmental objectives and goals in support of the business plan
  • Monitor productivity, quality and workflow to ensure optimal team efficiency and quality in adjudicating prospect applications

File Management (10%)

  • Take a hands-on leadership approach to make prudent credit decisions on complex mortgage files
  • Review and approve loan terms and pricing according to originations’ recommendation to meet the interests of the client and Home Trust’s risk tolerance
  • Prepare quality files and recommend revisions as required
  • Act as a point of escalation for our broker partners to ensure issues are managed in an efficient and appropriate manner

Communication (10%)

  • Adhere to defined Service Level Agreement in acknowledging applications and following up on additional required information
  • Work effectively with all internal and external business partners to maximize effectiveness and achieve excellence
  • Remain current on latest industry developments and market trends to secure competitive advantage
Formal Education
  • Bachelor's degree required in related area
Related Experience

Formal Education:
• University degree in related area or discipline
• Additional relevant accreditation(s), certification(s) are assets

Related Experience:
• 3-5 years (5+ years for Senior) leading a team within mortgage lending
• In depth understanding of residential mortgage products
• Significant experience in reviewing commercial mortgages

Skills: 
• Strong organizational, time-management and analytical skills
• Strong interpersonal relationship building and listening skills
• Motivates and engages team through fostering a collaborative team environment
• Excellent written / verbal communication and professional maturity

Skills Position Complexities
  • Some work beyond standard hours
  • Bilingualism an asset
Acknowledgement

All employees of Home Trust Company must comply with all applicable Home Trust Company, and specific Line of Business policies, standards, guidelines and controls. Additionally, all employees are obligated to become familiar with Home’s risk management framework and understand the operational risk management requirements within their specific business. Employees are also expected to understand and comply with the Company’s Code of Business Conduct & Ethics Policy at all times and escalate any issues or concerns through various reporting channels (i.e. Ombudsman, Compliance Hotline, Whistleblower Policy, etc).

#J-18808-Ljbffr

  • Underwriting Manager

    2 weeks ago

    Toronto, ON, Canada Raise Underwriting Full time

    RAISING THE BAR RAISE Underwriting Limited is an independently owned, Canadian Managing General Agent (MGA), dedicated to being an industry-leading supplier of risk insurance and surety products through transparency, honesty, and integrity. JOB RESPONSIBILITIES The Underwriting Manager will be responsible for providing oversight of the day-to-day...

  • Manager, Small Commercial Underwriting

    4 weeks ago

    Old Toronto, Canada Home Capital Group Full time

    Career Opportunities: Manager, Small Commercial Underwriting (14769) Requisition ID 14769 - Posted - Full Time - Commercial Underwriting - Toronto Home Trust Company has developed a track record of success as Canada’s leading alternative lender, employing nearly 850 people in our Toronto headquarters and branches across the country. Building on...

  • Manager, Small Commercial Underwriting

    3 weeks ago

    Old Toronto, Canada Home Capital Group Full time

    Career Opportunities: Manager, Small Commercial Underwriting (14769) Requisition ID 14769 - Posted - Full Time - Commercial Underwriting - Toronto Home Trust Company has developed a track record of success as Canada’s leading alternative lender, employing nearly 850 people in our Toronto headquarters and branches across the country. Building on...

  • Manager, Small Commercial Underwriting

    3 weeks ago

    Old Toronto, Canada Home Capital Group Full time

    Career Opportunities: Manager, Small Commercial Underwriting (14769) Requisition ID 14769 - Posted - Full Time - Commercial Underwriting - Toronto Home Trust Company has developed a track record of success as Canada’s leading alternative lender, employing nearly 850 people in our Toronto headquarters and branches across the country. Building on...

  • Underwriting Manager

    2 weeks ago

    Old Toronto, Canada Raise Underwriting Full time

    RAISING THE BAR RAISE Underwriting Limited is an independently owned, Canadian Managing General Agent (MGA), dedicated to being an industry-leading supplier of risk insurance and surety products through transparency, honesty, and integrity. JOB RESPONSIBILITIES The Underwriting Manager will be responsible for providing oversight of the day-to-day...

  • Underwriting Manager

    2 weeks ago

    Old Toronto, Canada Raise Underwriting Full time

    RAISING THE BAR RAISE Underwriting Limited is an independently owned, Canadian Managing General Agent (MGA), dedicated to being an industry-leading supplier of risk insurance and surety products through transparency, honesty, and integrity. JOB RESPONSIBILITIES The Underwriting Manager will be responsible for providing oversight of the day-to-day...

  • Underwriting Manager

    2 weeks ago

    Old Toronto, Canada Raise Underwriting Full time

    RAISING THE BAR RAISE Underwriting Limited is an independently owned, Canadian Managing General Agent (MGA), dedicated to being an industry-leading supplier of risk insurance and surety products through transparency, honesty, and integrity. JOB RESPONSIBILITIES The Underwriting Manager will be responsible for providing oversight of the day-to-day...

  • Senior Underwriter

    2 weeks ago

    Toronto, ON, Canada Raise Underwriting Full time

    RAISING THE BAR RAISE Underwriting is an independently owned, Canadian Managing General Agent (MGA), dedicated to being an industry-leading supplier of risk insurance and surety products through transparency, honesty, and integrity. JOB RESPONSIBILITIES Underwriting of construction and property policies including but not limited to builders’ risk, wrap...

  • Commercial Underwriter

    3 weeks ago

    Markham, ON, Canada Aviva plc Full time

    Individually we are people, but together we are Aviva. Individually these are just words, but together they are our Values – Care, Commitment, Community, and Confidence. Aviva Canada Inc. has an excellent opportunity in our Small Medium and Enterprise (SME) commercial insurance business unit. Our Commercial Insurance Underwriting Vancouver region is...

  • Senior Underwriter

    9 hours ago

    Old Toronto, Canada Raise Underwriting Full time

    RAISING THE BAR RAISE Underwriting is an independently owned, Canadian Managing General Agent (MGA), dedicated to being an industry-leading supplier of risk insurance and surety products through transparency, honesty, and integrity. JOB RESPONSIBILITIES Underwriting of construction and property policies including but not limited to builders’ risk, wrap up...

  • Senior Underwriter

    2 weeks ago

    Old Toronto, Canada Raise Underwriting Full time

    RAISING THE BAR RAISE Underwriting is an independently owned, Canadian Managing General Agent (MGA), dedicated to being an industry-leading supplier of risk insurance and surety products through transparency, honesty, and integrity. JOB RESPONSIBILITIES Underwriting of construction and property policies including but not limited to builders’ risk, wrap up...

  • Senior Underwriter

    2 weeks ago

    Old Toronto, Canada Raise Underwriting Full time

    RAISING THE BAR RAISE Underwriting is an independently owned, Canadian Managing General Agent (MGA), dedicated to being an industry-leading supplier of risk insurance and surety products through transparency, honesty, and integrity. JOB RESPONSIBILITIES Underwriting of construction and property policies including but not limited to builders’ risk, wrap up...

  • Senior Underwriter

    2 weeks ago

    Old Toronto, Canada Raise Underwriting Full time

    RAISING THE BAR RAISE Underwriting is an independently owned, Canadian Managing General Agent (MGA), dedicated to being an industry-leading supplier of risk insurance and surety products through transparency, honesty, and integrity. JOB RESPONSIBILITIES Underwriting of construction and property policies including but not limited to builders’ risk, wrap up...

  • Commercial Lines Underwriter

    7 days ago

    Toronto, ON, Canada Bayview Fund Management, LLC Full time

    Overview Are you a dynamic, passionate, results-driven professional with the ability to build strategic relationships and are seeking an innovative opportunity to thoughtfully challenge the status quo? If so, we invite you to consider an exciting opportunity with Glasslake Funding for the role of Underwriter - Edmonton . At Glasslake, we believe our...

  • Commercial Lines Underwriter

    6 days ago

    Toronto, ON, Canada Bayview Fund Management, LLC Full time

    Overview Are you a dynamic, passionate, results-driven professional with the ability to build strategic relationships and are seeking an innovative opportunity to thoughtfully challenge the status quo? If so, we invite you to consider an exciting opportunity with Glasslake Funding for the role of Underwriter - Calgary . At Glasslake, we believe our...

  • Underwriter, commercial

    3 weeks ago

    Ottawa, ON, Canada Aviva Canada Full time

    Individually these are just words, but together they are our Values – Care, Commitment, Community, and Confidence. Aviva has an excellent opportunity in our Small, Medium and Enterprise (SME) commercial insurance business unit. Currently, we are seeking a Senior Commercial Auto Underwriter to join our team at the Ottawa Branch. Assess and evaluate the...

  • Commercial Underwriter

    4 weeks ago

    Greater Toronto Area, Canada Brownstone Insurance Managers Full time

    Are you passionate about insurance and great with details? Do you enjoy minimizing risk while ensuring the financial well-being of your clients? Then keep reading! Brownstone Insurance Managers Inc. is seeking a highly motivated **Commercial Underwriter** based in Ontario, ideally near Ancaster with a flexible working arrangement that can be accommodated at...

  • Commercial Underwriter

    2 weeks ago

    Oakville, ON, Canada MeetFrank Full time

    Aviva Canada Inc. has an excellent opportunity in our commercial insurance business unit. Our Commercial Insurance Underwriting London, ON branch is hiring! We are looking for an experienced Commercial Lines Underwriter to manage Medium Enterprise business for Property and Casualty. As a Medium Enterprise Underwriter, the accountability in this role is to...

  • Commercial Auto Underwriter

    3 weeks ago

    Ottawa, ON, Canada Aviva Canada Full time

    Individually we are people, but together we are Aviva. Individually these are just words, but together they are our Values – Care, Commitment, Community, and Confidence. Aviva has an excellent opportunity in our Small, Medium and Enterprise (SME) commercial insurance business unit. Currently, we are seeking a Commercial Auto Underwriter to join our team...

  • Underwriter. Commercial Surety

    4 weeks ago

    Toronto, Canada Trisura Guarantee Insurance Company Full time

    At Trisura, we expect more because we believe it can be done better. We are a young, growth oriented team with a commitment to exceptional talent and have been named one of Canada’s Top Small and Medium Employers since 2017. Our growth and our entrepreneurial style, niche market position and development opportunities ensure that our people see the results...