Mortgage Underwriter

1 month ago


Halifax, Nova Scotia, Canada Bridgewater Bank Full time
About Bridgewater Bank

Bridgewater Bank is a unique financial institution that operates without traditional branches. This allows us to focus on providing honest, straightforward service and financial solutions for everyday living and important life events.

Job Summary

We are seeking a skilled Mortgage Underwriter to join our team. As a Mortgage Underwriter, you will be responsible for approving or declining mortgage loan applications, reviewing loan documents, and conducting quality assurance reviews.

Key Responsibilities
  • Approve or decline mortgage loan applications within lending limit authorities and meet established deadlines and quality standards.
  • Review loan documents to determine if the buyer, property, and loan conditions meet mortgage underwriting standards.
  • Conduct Pre-Fund Quality Assurance Reviews, Post-Fund Internal and External Audits to ensure mortgages are within internal and regulatory guidelines.
  • Apply due diligence when processing applications and reviewing documents, utilizing additional search engines and tools provided for validation.
  • Identify suspicious scenarios or documents, investigate, and escalate accordingly.
  • Build positive relationships with Brokers and other partners.
  • Assist the Service team with insight on high-risk deals, including declines.
  • Provide pricing on all mortgage renewals to ensure profitability and consistency.
  • Serve as an escalation point for Brokers and Business Development Managers.
Requirements
  • Post-secondary education in a relevant field (e.g., business/commerce, business management, finance, etc.) or other related experience.
  • At least two to three years of experience in a financial institution (preferably in mortgage underwriting).
  • Comfortable with various software applications, such as MS Office, LMS, etc.
What We Offer
  • Competitive salary.
  • Flexible benefits.
  • Outstanding employer-paid Retirement Savings program.
  • Great AMA discounts.
  • Unlimited learning opportunities.


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