Residential Loan Reviewer
5 days ago
EQ Bank | Equitable Bank is a dynamic and growing organization that values innovation and customer satisfaction. We are committed to providing a barrier-free work environment and supporting our employees' career growth.
Job Summary
The Senior Credit Underwriting Analyst plays a critical role in reviewing and recommending residential mortgage loans, ensuring they meet our high standards. As a key member of our team, you will be responsible for analyzing complex loan applications, identifying potential risks, and making informed decisions.
Key Responsibilities:
- Analyze credit file documentation to assess loan applications against Residential Mortgage Underwriting Guidelines.
- Make credit recommendations/approvals on individual mortgage deals within delegated authority limits.
- Ensure data accuracy/integrity and consistency with internal standards.
- Prioritize applications and workflow to maintain consistent and sound risk assessments.
Requirements:
To excel in this role, you will need:
- University degree or equivalent in finance, business, or a related field.
- A minimum of three to five years' experience in residential mortgage origination (underwriting and operational).
- Solid understanding of Alt-A products, operations, processes, services, systems, and associated risks and controls.
- Excellent analytical and communication skills.
Benefits:
We offer a comprehensive compensation package, including a competitive salary, bonus, RRSP match program, medical and dental benefits, Employee Share Purchase Plan, maternity/parental top-up, generous vacation policy, virtual events, and an annual professional development allowance.
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