Residential Underwriter, Montreal

OverviewCome 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.First thing – what you need to succeedWe are looking for individuals who are dedicated, passionate, and driven to execute with excellenceWe care about our employees’ wellbeing, what we offerBase salary, with yearly incentive performance bonusThree (3) weeks of vacation, an additional six (6) flex days (sick or personal) in addition to statutory holidaysComprehensive benefit packages, offered through ManulifeGroup Retirement Savings Plan (GRSP)Employee Discounts; phone plans, gym membership and many retailer discounts offered through WorkPerksEducation Assistance programAbout the roleThe 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 filesReceive, 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 matricesAdhere to applicable compliance obligations including Privacy, Anti-Money Laundering/Anti-Terrorist Financing and internal Anti-Fraud Policy requirementsFile 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 environmentAnalyze and underwrite residential mortgage applications, including an assessment of the borrower, real estate security and loan terms as well as identifying any associated riskNegotiate, recommend and approve loan terms within Home Trust’s risk appetiteMaintain accurate information and detailed notes on applicationsPrepare and issue conditional mortgage commitments according to negotiated and approved terms, which outline all conditions that must be met to Home Trust’s satisfactionWhat we requireAuthorized to work in CanadaGreat communication skillsPost-secondary degree or diploma, preferably in business management, finance, or related field (university an asset)3-5 years mortgage lending experiencePrerequisite: Maintain a positive supportive attitude, help to maintain an inclusive and supportive company cultureWe are proud to be recognized as Great Place to Work Canada for 2025 and Montreal\'s Top Employers 2025 by Canada’s Top 100 EmployersLearn more: Home Trust Company informationFollow us on LinkedIn: Fairstone LinkedIn pageIf you have a preferred language for communication, please 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: Permanent #J-18808-Ljbffr