Mortgage Risk Analyst

4 weeks ago


Halifax, Nova Scotia, Canada Bridgewater Bank Full time

Bridgewater Bank

YOU excel at ANALYZING RISK

YOUR ROLE INVOLVES CRUCIAL DECISIONS .

Location: Remote - Work From Home

You possess a unique ability to view situations from multiple perspectives. As a natural problem-solver, you can identify potential issues that others may overlook. Yet, amidst the analysis and documentation, you remain mindful of the individuals impacted by your choices.

WHO IS BRIDGEWATER BANK?

We operate without traditional branches. This structure allows us to prioritize your needs and our mission – to support your success. Our commitment lies in delivering transparent, straightforward financial services and solutions for everyday needs and significant life milestones.

We are experts in financial services with adaptable approaches. Being a smaller institution enables us to act swiftly, implementing innovative strategies without the delays of extensive approval processes.

Our clients are our priority. When you engage with Bridgewater Bank, you become part of our community – treated with the care and respect of family.

WHAT DRIVES YOU

You are trained to recognize potential risks, yet you firmly believe in providing everyone with an equitable opportunity to achieve homeownership, exploring all possibilities when evaluating applications. Your communication skills are exceptional; you listen attentively, and your insights command attention. You thrive on analysis, enjoying the challenge of uncovering every detail. You are adept at managing multiple tasks and deadlines seamlessly, understanding how to drive results and engage others in the process. Your knowledge of credit management is extensive. You are comfortable working independently while also valuing collaboration within a team setting.

RESPONSIBILITIES

Report directly to the Manager of Underwriting and Broker Services. Evaluate and determine the approval or denial of mortgage loan applications, adhering to established quality standards and deadlines. Analyze loan documentation to ensure compliance with mortgage underwriting criteria regarding the buyer, property, and loan conditions. Conduct Quality Assurance Reviews and audits to verify adherence to internal and regulatory guidelines. Exercise due diligence in processing applications and reviewing documentation, utilizing available resources for validation. Identify and investigate any suspicious scenarios or documentation, escalating issues as necessary. Foster positive relationships with Brokers and other stakeholders. Provide insights to the Service team regarding high-risk transactions, including declines. Offer pricing assessments for mortgage renewals to maintain profitability and consistency. Act as a point of escalation for Brokers and Business Development Managers.

QUALIFICATIONS

A post-secondary degree in a relevant discipline (e.g., business, finance, or related fields) or equivalent experience. A minimum of two to three years of experience within a financial institution, preferably in mortgage underwriting. Proficiency in various software applications, including MS Office and LMS.

BENEFITS

Competitive compensation package. Flexible benefits options. Comprehensive employer-sponsored Retirement Savings program. Attractive discounts on AMA services. Unlimited opportunities for professional development.

We appreciate the interest of all applicants; however, only those selected for further consideration will be contacted.


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