Mortgage Underwriter Associate

3 weeks ago

Vancouver, British Columbia, Canada Bayview Asset Management Full time

Job Overview

Glasslake is a rapidly growing mortgage lender with a presence across Canada. We are seeking a seasoned Mortgage Underwriter Associate to join our team in British Columbia.

This is an individual contributor role responsible for evaluating the credit worthiness and management capabilities of borrowers, real estate collateral, and loan structures. The ideal candidate will have knowledge and experience in residential lending, with commercial lending experience considered an asset.

The successful candidate will thrive in a high-paced environment, managing multiple priorities and deadlines. They will possess effective communication skills, high emotional intelligence, and strong interpersonal skills, with a proven track record of meeting or exceeding performance objectives.

At Glasslake, we believe our biggest strength lies in our people. We offer a competitive benefits package, educational opportunities, and reimbursement, as well as mentorship from industry experts. In this role, you will leverage constructive feedback and utilize skills learned to continuously exceed targets.

Responsibilities

  • Underwrite and decision files based on sound credit, adhering to credit policy and requirements, risk culture, financial analysis/modeling, risk evaluation and mitigation, and proper loan structuring within delegated authority.
  • Conduct in-depth review, analysis, and research of balance sheets, income statements, cash statements, text returns, and projections to underwrite mortgage files.
  • Assess the borrower's ability to generate income sufficient to repay existing and proposed debt.
  • Review appraisal, environmental, and other reports to identify risk areas and recommend mitigating solutions and next steps.
  • Prepare narrative analysis of the financial review, demonstrating a thorough understanding of financial condition.
  • Recommend various loan structures (and pricing structures) that balance risks and rewards.
  • Adhere to applicable compliance obligations, including Privacy, Anti-Money Laundering/Anti-Terrorist Financing, and internal Anti-Fraud Policy requirements.
  • Establish relationships with Sales and other key stakeholders that optimize business potential with broker channel.

Qualifications

  • At least 3 years of experience in residential/commercial underwriting, financial analysis, or deal structuring in financial services.
  • Bachelor's degree in business, finance, or a related field preferred.
  • Formal credit or residential/commercial loan training and some previous credit decisioning preferred.
  • Knowledge of credit/underwriting of small commercial real estate loans.
  • Working knowledge of bankruptcy, foreclosure, and litigation matters considered an asset.
  • Ability to work effectively in a fast-paced environment.
  • High integrity and a high level of respect for confidentiality.
  • Strong written and verbal communications skills.
  • Strong analytical and intuitive investigative skills.
  • Ability to manage multiple tasks and prioritize workflows often under tight deadlines.
  • Strong independent decision-making capabilities and attention to detail.
  • Skilled in negotiating issues and resolving problems and influencing decisions to meet performance goals.
  • Strong skills in Word, Excel, and Outlook.
  • Ability to establish and maintain working relationships with co-workers, staff, and external contacts, and to work effectively in a professional team environment.

  • Mortgage Underwriter Associate

    3 weeks ago

    Vancouver, British Columbia, Canada Bridgewater Bank Full time

    Bridgewater Bank is seeking a skilled Underwriting Associate to join our team.About the RoleThe Underwriting Associate will provide support to our Mortgage Underwriters, ensuring all follow-up on files are completed and all conditions met prior to closing.Key ResponsibilitiesReport to the Manager, Underwriting and Broker Services.Provide support to the...

  • Mortgage Underwriter Associate

    4 weeks ago

    Vancouver, British Columbia, Canada Bayview Asset Management Full time

    Job Title: Mortgage Underwriter AssociateAt Bayview Asset Management, we are seeking a seasoned Mortgage Underwriter Associate to join our team in British Columbia. As a key member of our underwriting team, you will be responsible for evaluating the credit worthiness and management capabilities of borrowers, as well as the real estate collateral securing...

  • Mortgage Underwriter Associate

    3 weeks ago

    Vancouver, British Columbia, Canada First National Full time

    Job Summary:We are seeking a highly skilled Associate Mortgage Underwriter to join our team at First National. As a key member of our Third Party Residential Underwriting Division, you will play a crucial role in supporting the underwriting and credit decision process.Key Responsibilities:Review and verify accuracy of required documentation related to...

  • Mortgage Underwriter Associate

    4 weeks ago

    Vancouver, British Columbia, Canada First National Full time

    Role Overview:The Associate Mortgage Underwriter supports the underwriting and credit decision process by reviewing all required documentation and applying sound due diligence.Key Responsibilities:Establishes and maintains positive relationships with mortgage brokers to build loyalty to the CompanyMaintains positive relationships with external partners such...

  • Mortgage Underwriter Associate

    4 weeks ago

    Vancouver, British Columbia, Canada First National Full time

    Role Overview:The Associate Mortgage Underwriter supports the underwriting and credit decision process by reviewing all required documentation and applying sound due diligence.The role involves escalating any inaccuracies, issues, or items that are incomplete and potentially present risk to the Company.Key Responsibilities:Establishes and maintains positive...

  • Mortgage Underwriter Associate

    4 weeks ago

    Vancouver, British Columbia, Canada Bayview Asset Management Full time

    Job Title: Mortgage Underwriter AssociateAt Bayview Asset Management, we are seeking a seasoned Mortgage Underwriter Associate to join our team. As a key member of our underwriting team, you will be responsible for evaluating the credit worthiness and management capabilities of borrowers, as well as the real estate collateral securing proposed...

  • Mortgage Underwriter

    4 weeks ago

    Vancouver, British Columbia, Canada Bridgewater Bank Full time

    About Bridgewater BankBridgewater Bank is a unique financial institution that operates without branches, allowing us to focus on providing honest and straightforward service to our customers.We're a team of financial service experts with flexible mindsets, able to respond quickly to changing market conditions and customer needs.Job SummaryWe're seeking a...

  • Mortgage Underwriter Specialist

    7 days ago

    Vancouver, British Columbia, Canada First National Full time

    Company Overview:First National is Canada's largest non-bank lender, originating and servicing both commercial and residential mortgages since 1988.We are committed to hiring the best and brightest with over 1,000 proud team members. Through cooperation, ongoing coaching, development opportunities and a culture that celebrates both hard work and teamwork,...

  • Mortgage Underwriting Specialist

    2 weeks ago

    Vancouver, British Columbia, Canada First National Full time

    Key Responsibilities:The Associate Mortgage Underwriter plays a vital role in the underwriting and credit decision process by reviewing required documentation and applying sound due diligence. This position is responsible for escalating any inaccuracies, issues, or incomplete items that may present risk to the Company.Key Skills and Qualifications:Strong...

  • Mortgage Underwriter

    4 weeks ago

    Vancouver, British Columbia, Canada First National Full time

    Job Summary:We are seeking a highly skilled Mortgage Underwriter to join our Residential Underwriting team. As a Mortgage Underwriter, you will be responsible for rendering credit decisions on incoming applications within your authorized limits and adhering to company and insurer policies and guidelines.Key Responsibilities:Adjudicate mortgage applications...

  • Mortgage Underwriter

    4 weeks ago

    Vancouver, British Columbia, Canada Bayview Asset Management Full time

    Job Summary We are seeking a seasoned Mortgage Underwriter to join our team at Bayview Asset Management. As a key member of our underwriting team, you will be responsible for evaluating the creditworthiness of borrowers and ensuring that our lending practices are in line with industry standards. Key Responsibilities Conduct in-depth reviews of financial...

  • Mortgage Underwriter Position

    3 weeks ago

    Vancouver, British Columbia, Canada VERICO Full time

    Are you passionate about helping clients navigate the complexities of the mortgage process? At VERICO, we're seeking an experienced and driven Mortgage Underwriter to join our team of mortgage professionals.As a Mortgage Underwriter, you'll have the opportunity to thrive in a fast-paced environment, delivering exceptional service to our valued clients....

  • Residential Mortgage Underwriter Position for Experienced Professionals

    6 days ago

    Vancouver, British Columbia, Canada First National Full time

    We are seeking an experienced Associate Mortgage Underwriter to join our team in Vancouver, BC. As a key member of our Third Party Residential Underwriting Division, you will be responsible for reviewing mortgage applications and making informed credit decisions.The successful candidate will have strong analytical skills, excellent communication abilities,...

  • Mortgage Underwriter Position

    4 weeks ago

    Vancouver, British Columbia, Canada First National Full time

    Job Summary:We are seeking a skilled Mortgage Underwriter to join our team at First National. As a Mortgage Underwriter, you will be responsible for rendering credit decisions on incoming applications within your authorized limits and adhering to company and insurer policies and guidelines.Key Responsibilities:Adjudicate mortgage applications within...

  • Mortgage Underwriter Specialist

    4 weeks ago

    Vancouver, British Columbia, Canada VERICO Full time

    Are you passionate about helping clients navigate the complexities of the mortgage process? As a Mortgage Underwriter Specialist at VERICO, you will have the opportunity to thrive in a fast-paced environment, delivering exceptional service to our valued clients.Key Responsibilities:Engage with clients to understand their unique financial needs and...

  • Mortgage Underwriter Position

    4 weeks ago

    Vancouver, British Columbia, Canada VERICO Full time

    Are you passionate about helping clients navigate the complexities of the mortgage process? As a Mortgage Underwriter at VERICO, you will have the opportunity to thrive in a fast-paced environment, delivering exceptional service to our valued clients.Key Responsibilities:Engage with clients to understand their unique financial needs and goals.Submit files to...

  • Mortgage Underwriter Role

    4 days ago

    Vancouver, British Columbia, Canada First National Full time

    We are seeking an experienced Mortgage Underwriter to join our team in Vancouver, BC. As a key member of our Third Party Residential Underwriting Division, you will play a crucial role in providing underwriting expertise and services to the Canadian Mortgage Broker channel.The ideal candidate will possess strong analytical skills, excellent communication...

  • Residential Mortgage Underwriter Position

    3 days ago

    Vancouver, British Columbia, Canada First National Full time

    Unlock a Challenging and Rewarding Career as a Residential Mortgage Underwriter

  • Mortgage Underwriter

    2 days ago

    Vancouver, British Columbia, Canada VERICO Full time

    At VERICO, we are seeking an experienced and driven Mortgage Underwriter to join our team. As a key member of our mortgage brokerage team, you will have the opportunity to thrive in a fast-paced environment, delivering exceptional service to our valued clients.The ideal candidate will be passionate about helping clients navigate the complexities of the...

  • Mortgage Underwriter Position

    3 weeks ago

    Vancouver, British Columbia, Canada First National Full time

    Key Responsibilities:The Residential 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 while focusing on service excellence.Key Skills:Ability to build and maintain positive relationshipsStrong aptitude for service...