Senior Mortgage Credit Analyst

7 days ago


Greater Toronto Area, Canada Marathon Mortgage Corp. Full time

About the Role:

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  • As a Mortgage Underwriter at Marathon Mortgage Corp., you will play a key role in delivering exceptional service to our clients and broker partners.

Job Overview:

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The Mortgage Underwriter is responsible for rendering credit decisions on incoming applications within their authorized limits and with adherence to company and insurer policies and guidelines.

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Key Responsibilities:

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  • Deliver an exceptional service experience when interfacing with brokers, clients, and other stakeholders
  • Maintain minimum service level standards
  • Underwrite to highest credit quality standards as defined by the Residential Mortgage Underwriting Policy
  • Negotiate, approve, recommend, and decline applications within Marathon's Residential Underwriting Guidelines
  • Balance loan applications from clients and brokers
  • Review loan pricing based on risk objectives and thresholds
  • Follow-up on outstanding conditions/documents
  • Prepare and issue mortgage commitments
  • Maintain high standard of fulfilling obligations regarding AML/Compliance, Quality Assurance, and the like

Qualifications:

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  • Mortgage license with BCFSA viewed as a very strong asset
  • 5 years of previous residential mortgage underwriting experience, with detailed working knowledge of real estate and covenant assessments
  • Detailed working knowledge of principles of credit analysis and risk management
  • Working knowledge of PC software in a Windows environment
  • Ability to make and document decisions that consider all implications and proactive management of risk
  • Solid negotiation and problem-solving skills
  • Ability to adapt to changing volumes and maintain turnaround time expectations
  • A strong customer focus with ability to ensure exceptional customer experience
  • Highly communicative and collaborative
  • Ability to make quick decisions without compromising underwriting quality

Benefits:

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  • Very Competitive Salary ($85,000 - $110,000 per year)
  • Opportunities for career growth and development
  • Collaborative and dynamic work environment
  • Competitive benefits package

We Are Looking For:

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Candidates who are passionate about delivering exceptional service and have a strong background in mortgage underwriting. If you are a motivated and detail-oriented individual who is looking for a new challenge, please submit your resume and cover letter.


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