Underwriter Associate
2 months ago
Reporting to the Director Credit, the Underwriter Associate position will play a pivotal role in supporting the Broker underwriting team, managing a diverse range of daily activities with autonomy, technical expertise, and a solid understanding of our products.
The Underwriter Associate position is responsible for the process and review of documentation for mortgage applications for Underwriter review as part of the adjudication process. This role will liaise directly with their partner Underwriter, Sales Team, Brokers and MLOs to satisfy document related conditions pre and post adjudication to be file ready for fulfillment and funding. As well as management of appraisal process (order, follow-up, system upload), support coordination of ILA information and appointment in the system for the advancement of files through fulfillment and funding process.
This position also plays a leading role in the risk management of the business as it relates to ensuring all required documents are valid and accurate with full adherence to the Bank’s policies and procedures and regulatory requirements.
The ideal candidate should possess strong analytical skills and attention to detail as well as strong oral and written communication skills to discuss document requirements with Brokers and internal sales and operations partners.
The ideal candidate is results oriented and has strong organizational skills to meet deadlines. The ideal candidate has a good understanding of the residential real estate market, real estate market trends, and industry lending practices.
MAJOR ELEMENTS OF THE ROLE:This individual will partner with an Underwriting partner, Sales Agents and Broker to act as a resource to ensure documents collection is completed in satisfactory manner to both HEB and our external partners. The Underwriter Associate will have a key role to play in ensuring that broker and Sales Agents are aware of specific file requirements to ensure files move through to funding in a timely manner.
The role will coordinate with various internal clients and partners (Underwriter, Sales Agents) and external partners (broker):
- to ensure a client-focused experience – a mortgage structured to meet the client’s and broker needs, funded on the client’s requested timeline, and
- to ensure documentation are satisfactory and as per the Policy and Credit Guidelines requirements.
Key responsibilities of this role include following up on appraisals, reviewing appraisals, gathering the appropriate documentation from the brokers. There will be a focus on the collection and review and accuracy of documentation required to ensure all applicable laws, regulations, Credit Guidelines and internal policies have been respected:
- Policy Management: Receive, review, and process relevant documents, and ensure review meets Quality compliance standards
- Order and receive appraisals.
- Follow up with broker to obtain required documentation.
- Follow up with broker to obtain ILA information.
- Follow up with broker to make sure ILA appointment is booked and entered in the system
- Communication: Maintain effective communication with underwriters, Brokers, MLOs and team members.
- Additional Duties: Perform other tasks as directed by management.
- Professional Development: Pursue educational and technical studies necessary for career advancement.
- University Degree or Community College Diploma
- 1-2 years of related experience
- Has a basic understanding of the current financial services’ environment.
- Has good communication and conflict management skills.
- Thrives on variety and continuous improvement.
- Well organized and is equally comfortable working on their own as well as being a contributing member of a collaborative team.
- Ability to adapt to changing environment and handle multiple priorities.
- Proactive approach and sense of urgency to get things done.
- Creative problem-solving skills with the ability to get results.
- Some proficiency in Microsoft Office with the ability to learn new programs and/or platforms quickly.
- Excellent customer service skills with a drive to build strong relationships.
- Hybrid working environment.
-
Underwriter Associate
3 weeks ago
Ottawa, Canada Accoravillage Full timePOSITION SUMMARY:Reporting to the Director Credit, the Underwriter Associate position will play a pivotal role in supporting the Broker underwriting team, managing a diverse range of daily activities with autonomy, technical expertise, and a solid understanding of our products.The Underwriter Associate position is responsible for the process and review of...
-
Underwriter Associate
2 months ago
Ottawa, Canada Accoravillage Full timePOSITION SUMMARY:Reporting to the Director Credit, the Underwriter Associate position will play a pivotal role in supporting the Broker underwriting team, managing a diverse range of daily activities with autonomy, technical expertise, and a solid understanding of our products.The Underwriter Associate position is responsible for the process and review of...
-
Associate Underwriter
3 months ago
Ottawa, Canada Burns & Wilcox Canada Full time: **Responsibilities**: We are seeking a dedicated and focused Associate Underwriter to work closely with our underwriting experts to deliver high quality service to our clients. This role supports our Ottawa Commercial P&C team. - You’re **organized **and a **master multi-tasker**. You pay attention to details and can effectively manage your time and...
-
Underwriter Associate
1 month ago
Ottawa, Ontario, H2B, Montréal, Canada Accoravillage Full timePOSITION SUMMARY:Reporting to the Director Credit, the Underwriter Associate position will play a pivotal role in supporting the Broker underwriting team, managing a diverse range of daily activities with autonomy, technical expertise, and a solid understanding of our products.The Underwriter Associate position is responsible for the process and review of...
-
Underwriter
3 months ago
Ottawa, Canada Burns & Wilcox Canada Full time: **Responsibilities**: **Underwriting: Analyzing Risk and Placing Business** - Maintain knowledge of carriers’ underwriting guidelines and/or brokerage markets - Obtain adequate underwriting information for quoting, binding, and issuing - Review coverage requirements, prices, and conditions - Negotiate prices, terms, and conditions - Submit quality...
-
Associate Underwriter
3 months ago
Ottawa, Canada Burns & Wilcox Full time: **Responsibilities**: **Client Service: Representing the Brand** - Provide clients with exemplary customer service - Maintain relationships with clients and carriers and serve as a point of contact - Service insurance policies by answering questions or requests from clients and carriers - Communicate with brokers, and carriers to troubleshoot issues and...
-
Associate Mortgage Underwriter
3 weeks ago
Ottawa, Canada Accoravillage Full timeAssociate Mortgage Underwriter - Third Party Residential Underwriting - MBBS Thursday, August 8, 2024 First National is proud to be an equal opportunity employer and is committed to diversity and inclusion regardless of race, color, religion, national origin, age, gender identity, physical or mental disability, sexual orientation and any other category...
-
Associate Mortgage Underwriter
1 month ago
Ottawa, Canada Accoravillage Full timeAssociate Mortgage Underwriter - Third Party Residential Underwriting - MBBS Thursday, August 8, 2024 First National is proud to be an equal opportunity employer and is committed to diversity and inclusion regardless of race, color, religion, national origin, age, gender identity, physical or mental disability, sexual orientation and any other category...
-
Associate Mortgage Underwriter
1 month ago
Ottawa, Canada Accoravillage Full timeAssociate Mortgage Underwriter - Third Party Residential Underwriting - MBBS Thursday, August 8, 2024 First National is proud to be an equal opportunity employer and is committed to diversity and inclusion regardless of race, color, religion, national origin, age, gender identity, physical or mental disability, sexual orientation and any other category...
-
Underwriter
3 months ago
Ottawa, Canada Equitable Full timeAt Equitable, we realize that your work life is not just about performing a job; it's about being part of a workplace that helps you grow and reach your full potential. Within our friendly and collaborative work environment, we recognize that the key to our growth and success is a dedicated, motivated and customer-responsive staff. Join Equitable...
-
Property and Casualty Underwriting Specialist
3 weeks ago
Ottawa, Ontario, Canada Aviva Full timeAviva Canada Inc. presents a remarkable opportunity within our Small Medium and Enterprise (SME) commercial insurance division. We are currently looking for a Junior or Intermediate Underwriter specializing in Commercial Lines Property and Casualty (P&C) to join our team. This role focuses on acquiring new business while managing a significant portfolio of...
-
Ottawa, Ontario, Canada CMHC Full timeAbout the RoleThis is a temporary position within the Commercial Solutions team at CMHC, where you will be working as a Bilingual Specialist, Multi-Unit Underwriting. As a member of the Multi-Unit Underwriting team, you will be responsible for identifying, understanding, and assessing the risks associated with each multi-unit mortgage loan insurance...
-
Ottawa, Ontario, Canada CMHC Full timeAbout the RoleThis is a temporary position within the Commercial Solutions team at CMHC, where you will be working as a Bilingual Specialist, Multi-Unit Underwriting. As a member of the Multi-Unit Underwriting team, you will be responsible for identifying, understanding, and assessing the risks associated with each multi-unit mortgage loan insurance...
-
Ottawa, Ontario, Canada CMHC - SCHL Full timeAbout the RoleThis is a temporary position within the Commercial Solutions team at CMHC - SCHL, where you will be working as a Bilingual Specialist, Multi-Unit Underwriting Expert. As a member of the Multi-Unit Underwriting team, you will be responsible for identifying, understanding, and assessing the risks associated with each multi-unit, mortgage loan...
-
Ottawa, Ontario, Canada CMHC - SCHL Full timeAbout the RoleThis is a temporary position within the Commercial Solutions team at CMHC - SCHL, where you will be working as a Bilingual Specialist, Multi-Unit Underwriting Expert. As a member of the Multi-Unit Underwriting team, you will be responsible for identifying, understanding, and assessing the risks associated with each multi-unit, mortgage loan...
-
Senior Risk Analyst, Multi-Unit Underwriting
3 days ago
Ottawa, Ontario, Canada CMHC - SCHL Full timeAbout the RoleWe are seeking a highly skilled Senior Risk Analyst, Multi-Unit Underwriting to join our Commercial Solutions Team at CMHC - SCHL. In this role, you will play a critical part in identifying, understanding, and assessing the risks associated with each multi-unit mortgage loan insurance application.Key ResponsibilitiesConduct detailed risk...
-
Ottawa, Ontario, Canada Canada Mortgage and Housing Corporation Full timeAbout the RoleWe are seeking a highly skilled Bilingual Specialist, Multi-Unit Underwriting to join our Commercial Solutions team. As a member of this team, you will play a critical role in identifying, understanding, and assessing the risks associated with each multi-unit, mortgage loan insurance application.Key ResponsibilitiesConduct detailed risk...
-
Senior Risk Analyst, Multi-Unit Underwriting
3 days ago
Ottawa, Ontario, Canada CMHC - SCHL Full timeAbout the RoleWe are seeking a highly skilled Senior Risk Analyst, Multi-Unit Underwriting to join our Commercial Solutions Team at CMHC - SCHL. In this role, you will play a critical part in identifying, understanding, and assessing the risks associated with each multi-unit mortgage loan insurance application.Key ResponsibilitiesConduct detailed risk...
-
Ottawa, Ontario, Canada Canada Mortgage and Housing Corporation Full timeAbout the RoleWe are seeking a highly skilled Bilingual Specialist, Multi-Unit Underwriting to join our Commercial Solutions team. As a member of this team, you will play a critical role in identifying, understanding, and assessing the risks associated with each multi-unit, mortgage loan insurance application.Key ResponsibilitiesConduct detailed risk...
-
Bilingual Manager, Multi-unit Underwriting
3 months ago
Ottawa, Canada CMHC Full time**Job Requisition ID**: 9518 **Position Status**: Permanent Full Time **Position Type**:Hybrid **Office Location**:Ottawa (ON); Calgary (AB); Halifax (NS); Montreal (QC); Toronto (ON); Vancouver (BC) **Travel Requirement**: Travel not required **Language Designation**: Bilingual **Language Skill Levels (Read/Write/Speak)**: CBC **Salary**: Our...
