Residential Mortgage Underwriter

2 months ago


Mississauga, Canada Questrade Financial Group Full time

Questrade Financial Group (QFG) of Companies is committed to helping our customers become much more financially successful and secure.
We are everything a traditional financial institution is not. At QFG, you will be constantly moving forward, bringing the future of fintech into existence. You will be a part of a collaborative team that cares deeply about our mission and each other. Your team members will help you conquer challenges, push boundaries and discover what you are truly capable of.
This is a place where you can explore, discover and learn with continuous growth. As a diverse and inclusive place to work, there are flexible working arrangements so you can unleash your creativity and curiosity with no limits. If you share the same sense of infinite possibility, come shape your future at Questrade.
We’re looking for our next Residential Mortgage Underwriter. Could it be you?
Community Trust Company (CTC) is a member of the Questrade Group of Companies (QFG), which currently includes Questrade Inc., QuestEnterprise, Questrade Wealth Management Inc., CTC, Thinknsure Ltd., and Zolo Ventures Ltd.
What’s in it for you as an employee of QFG?
- Health & wellbeing resources and programs
- Paid vacation, personal, and sick days for work-life balance
- Competitive compensation and benefits packages
- Hybrid and flexible work arrangements
- Career growth and development opportunities
- Opportunities to contribute to community causes
- Work with diverse team members in an inclusive and collaborative environment

What’s it like working as a Residential Mortgage Underwriter?
The Residential Mortgage Underwriter is responsible for successfully contributing to overall portfolio growth and maximizing profitability in an environment focused on operational and service excellence. The role is responsible for determining the credit worthiness of customers based on established lending criteria. This includes exception management and pricing determinations all while meeting performance targets and ensuring adherence to service standards.
Need more details? Keep reading...
- Successfully contribute to the Residential Lending results, ensuring growth and profitability targets are being met.
- Maintain knowledge of Community Trust residential mortgage underwriting policies, procedures, and products.
- Manage portfolio risk by exercising consistent, objective and sound credit decisions within authorized limits, escalating with rationale to support recommendation where appropriate.
- Issue mortgage commitments with appropriate conditions.
- Effectively partner with Mortgage Advisory to deliver top of class experience to our partners.
- Maintain up to date knowledge of the competition, industry trends and market conditions.
- Ensure accurate record keeping and that all records are stored and retained to meet Company standards.
- Identify continuous improvement opportunities.
- Follow AML procedures on all files with an emphasis on “Know Your Client” rules.
- Proactively identify actual and potential violations of AML regulatory requirements, internal policies and procedures or other AML/ATF risk situations at an early stage. Conducts appropriate inquiries and investigations in relation to any such situation and ensures that corrective actions and/or risk mitigation actions are implemented in a timely manner or escalated appropriately.
- Adhere to compliance and operational risk controls in accordance with company’s policies and procedures.
- Effectively manage tasks and cases to adhere to predetermined Service Level Agreements.

So are YOU our next Residential Mortgage Underwriter? You are, if you have
- Minimum of 3 years’ experience in residential origination.
- Post-Secondary Education preferred.
- Demonstrates interpersonal and relationship building skills.
- Solid understanding of the general characteristics, attributes and risk factors associated with various loan types.
- Demonstrates strong negotiation and sales skills.
- Solid written and verbal business communication skills.
- Strong analytical skills.
- Demonstrates effective organizational and time management skills.
- Solid written and verbal business communication skills.
- Exceptional analytical skills and a keen eye for detail.

LI-MB1 #LI-Hybrid
Sounds like you? Click below to apply
At Questrade Financial Group of Companies, with multiple office locations around the world, we are committed to fostering a diverse, inclusive and accessible work environment. This is an environment where individuals are treated with dignity and respect. Here, the unique skills and experience you bring will be valued. You will be supported and motivated, so that you can harness your unlimited potential. Our team reflects the diversity of the communities we serve and operate in. Having a collaborative and diverse team helps us push boundaries to bring the future of fintech into existence—not only for the benefit of our customers, but for those who build their career


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