Senior Underwriter

Working for Rocket Mortgage in Canada means more opportunities for you to carve your own career path forward. From our desire to revolutionize the way people get mortgages to addressing challenges big or small with outside-the-box solutions, we’re not your typical employer. We’ll provide you with everything you need to make sure you’re successful here. Apply today to join a team that offers career growth, amazing benefits and the chance to work with leading industry professionals.

To qualify for this position, you are required to have valid Canadian work authorization.

Minimum Qualifications

• 5 years of experience underwriting in residential originations

Preferred Qualifications

• Most recent role being a senior underwriter, or an underwriter with a higher authority level and scope of work

Job Summary

As a Senior Underwriter, you'll analyze and verify loan applications, evaluate risk and make loan eligibility decisions. In this role, you'll also ensure all documentation is compliant with relevant regulations.

Responsibilities

• Review and underwrite customer loans within prescribed authority level, escalating unusual or complex cases to leadership where appropriate

• Review due diligence documents submitted to validate the borrower’s willingness and ability to repay the loan

• Analyze loan risk and request additional information as necessary

• Make loan eligibility decisions and approve or reject applications

• Review and specify loan conditions as necessary

• Ensure deals are underwritten and adhere to internal policy, procedures, guidelines, insurer programs and regulatory requirements

• Document and efficiently communicate reasons for the approval/rejection of loans

• Review appraisal and/or site inspection reports

• Manage the relationship with submitting agent/broker source

• Set the pricing and manage the profitability of each transaction

• Identify and assess AML and fraud risks

• Manage pipeline and ensure daily production goals are met

• Mentor team members and share best practices

• Handle complex deals and support team with escalated issues

Who We Are

Rocket Companies® is a Detroit-based company made up of businesses that provide simple, fast and trusted digital solutions for complex transactions. The name comes from our flagship business, now known as Rocket Mortgage®, which was founded in 1985. Today, we’re a publicly traded company involved in many different industries, including mortgages, fintech, real estate, automotive and more. We’re insistently different in how we look at the world and are committed to an inclusive workplace where every voice is heard. We’re passionate about the work we do, and it shows. We’ve been ranked #7 on Fortune’s list of the 100 Best Companies to Work For in 2022, as well as ranking #1 for Fortune’s Best Large Workplaces in Financial Services and Insurance List in 2021.

Disclaimer

This is an outline of the primary responsibilities of this position. As with everything in life, things change. The tasks and responsibilities can be changed, added to, removed, amended, deleted and modified at any time by the leadership group.

The Company has policies to support applicants with disabilities, including, but not limited to, policies regarding the provision of accommodations that take into account an applicant‘s accessibility needs due to disability. For more information, please call us at (800) 411-JOBS or email us at mailto:Job@MyRocketCareer.com">Job@MyRocketCareer.com.