Residential Underwriter, Montreal

Residential Underwriter, Montreal - Home Trust Company page is loaded## Residential Underwriter, Montreal - Home Trust Companylocations: Montreal, Quebectime type: Full timeposted on: Posted Todayjob requisition id: R23883Come join **Home Trust Company** (subsidiary of Fairstone Bank) as a **Residential Underwriter** in our Underwriting Classic - Montreal teamHome Trust Company has developed a track record of success as Canada’s leading alternative lender, employing nearly 800 people in our Toronto headquarters and branches across the country. Building on the demonstrated strength of its core residential mortgage lending business, the Company also offers complementary lending services, as well as highly competitive deposit investment products, through Oaken Financial. Our culture has been shaped by the passion and integrity of our people. Home Trust is a private company.We are looking for individuals who are dedicated, passionate, and driven to execute with excellence**WE CARE ABOUT OUR EMPLOYEES WELL-BEING, WHAT WE OFFER:*** Base salary , with yearly incentive performance bonus* Base salary , with yearly incentive performance bonus* Three (3) weeks of vacation, an additional six (6) flex days (sick or personal) in addition to statutory holidays* Comprehensive benefit packages, offered through Manulife* Group Retirement Savings Plan (GRSP)* Employee Discounts; phone plans, gym membership and many retailer discounts offered through WorkPerks* Education Assistance program**ABOUT THE ROLE:**The Residential Underwriter will adjudicate mortgage applications by assessing prospective clients in accordance with the 5 C's (Capacity, Capital, Collateral, Character, and Conditions). Assessing risk and ensuring all applications adhere to both quality and service standards remain the overarching focus for this role.In addition:* Make prudent credit decisions on complex mortgage files* Receive, review, analyze and verify 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 fulfill individual employee obligations to detect and deter financial crimes activity. Maintain consistent, objective and sound risk assessments in a high volume, service-oriented environment* Analyze and underwrite residential mortgage applications, including an assessment of the borrower, real estate security and loan terms as well as identifying any associated risk* Negotiate, recommend and approve loan terms within Home Trust’s risk appetite* Maintain accurate information and detailed notes on applications* Prepare and issue conditional mortgage commitments according to negotiated and approved terms, which outline all conditions that must be met to Home Trust’s satisfaction**WHAT WE REQUIRE:*** Authorized to work in Canada* Great communication skills* Post-secondary degree or diploma, preferably in business management, finance, or related field (university an asset)* 3-5 years mortgage lending experience**PREREQUISITE:** Maintain a positive supportive attitude, help to maintain an inclusive and supportive company culture **WE ARE PROUD TO BE RECOGNIZED AS** Great Place to Work Canada for 2025 and Montreal's Top Employers 2025 by Canada’s Top 100 Employers**Learn more:****Follow us on LinkedIn:**If you have a preferred language for communication, please kindly inform us whether you prefer French or English on your application.*Fairstone is an equal opportunity employer. Accordingly, we will make reasonable accommodations to respond to the needs of people with disabilities. Individuals who view themselves as Aboriginals, members of visible minorities, and disabled are encouraged to apply in confidence.***Time Type:**Full time## Job Type:PermanentFairstone Bank of Canada and its subsidiaries, including Fairstone Financial Inc. and Home Trust Company, deliver innovative, accessible and reliable financial solutions that enable Canadians to reach their financial goals. Collectively, we offer residential and commercial mortgages, consumer deposits and GICs, retail and automobile financing, credit cards and digital lending, in addition to unsecured and secured personal loans online and at more than 255 branches coast to coast. With a long-established history, we are proud to be Canada's leading alternative lending bank. More at
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