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Associate Mortgage Underwriter
2 weeks ago
First National is proud to be an equal opportunity employer and is committed to diversity and inclusion regardless of race, color, religion, national origin, age, gender identity, physical or mental disability, sexual orientation and any other category protected by law.
We are hiring an Associate Mortgage Underwriter (Excalibur)
**Reporting To**: Manager, Residential Underwriting
**Full-Time/Part
- Time**: Contract
**Posting Date**: June 9, 2025
**Closing Date**: June 16, 2025
**Hours of Work**: 8:30 a.m. - 5:00 p.m.
**Grade**: 8.7
**Office Location**: Vancouver
**What we offer**:
Highly competitive compensation package which includes, base salary, bonus, benefits, and career advancement opportunities
- Eligibility for benefits is dependent on the terms of employment
The Opportunity
Excalibur department - With both the population and employment demographics of Canada changing so significantly, there are people who want to access a mortgage and own a home - but they may fall outside of traditional credit requirements. Alternative lending (Excalibur) offers a mortgage option for those people. The Fulfillment Specialist is responsible for ensuring that all broker conditions are met prior to closing and for all interactions with the Broker to cooperatively satisfy all conditions within a mortgage commitment.
**How you will contribute**:
- Manage files from the time they are committed by the underwriter until all the broker’s conditions are met on the commitment
- Follow up with brokers to request additional information where needed
- Provide liaison and support for funding department
- Review all documentation sent from the broker to meet conditions found on the commitment
- Organize all incoming faxes from broker and solicitor
- Verify all employment letters verbally and satisfy income verification and satisfy down payment verification
- Review and audit all files prior to advancing
- Update information and make corrections where needed to ensure that it is 100% complete and accurate
- Specialize in bridges and transfer mortgages
- Complete special projects as assigned by Team Leader/Manager, Residential Underwriting
**The experience you need**:
- Post-secondary education and/or equivalent work experience required
- One year of mortgage experience preferred
- Competency in MS Office; capacity to learn new technologies/systems
- Passing the Broker’s Licensing Course (UBC Sauder) would be an asset
**Working Environment and Physical Demands Analysis**:
- Office environment
- Periods of high volume with tight timelines
- Long periods of stationary position/sitting
- Prolonged periods of repetitive movement (i.e. using a keyboard and mouse)
- Long periods of time in viewing a computer screen
- Multi-tasking may include speaking to customers on a telephone call while looking up information on a computer program.
Why join First National?
- Competitive Compensation
- Comprehensive benefits program (i.e., Health Spending Account, Maternity and Parental Leave Top Up)
- Hybrid working environment
- Extensive training programs to set our employees up for success
- Modern office environment conducive to collaboration
- Supportive teamwork culture
- Opportunities to give back to the communities and work through events focused on a variety of charities
- Ongoing social events throughout the year
**The team you’ll join**:
Founded in 1988, First National is one of Canada’s largest non-bank lenders. We provide residential mortgages exclusively through the mortgage broker channel and we are Canada’s largest commercial mortgage lender.
First National has been consistently recognized as a great place to work and we are proud that our employee engagement feedback is higher than our industry partners.
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