Mortgage Underwriter, Third Party Residential Underwriting – BMBE

Mortgage Underwriter, Third Party Residential Underwriting – BMBE First National Financial LP is seeking a Mortgage Underwriter to join our Third Party Residential Underwriting Division. The role focuses on rendering credit decisions on incoming mortgage applications and ensuring adherence to company and insurer policies. Key Details Posting Date: January 29, 2025 Closing Date: January 9, 2026 Hours: 8:30 a.m. – 5:00 p.m. Location: Downtown, Toronto. Reporting To: Manager, Third Party Residential Underwriting – BMBE Job Type: Full-time What We Offer Highly competitive compensation package that includes base salary, bonus, benefits, and career advancement opportunities. Eligibility for benefits is dependent on the terms of employment. The Opportunity The Third Party Residential Underwriting Division, a division of First National Financial, provides underwriting expertise and services on behalf of other financial institutions to the Canadian Mortgage Broker channel. The Residential Mortgage Underwriter renders credit decisions on incoming applications within authorized limits, applies due diligence on documentation, and protects the company from risk. How You Will Contribute Establish and maintain positive relationships with mortgage brokers to build loyalty to the Company. Maintain positive relationships with external partners such as mortgage insurers, appraisers, title insurance companies, and solicitors. Adjudicate mortgage applications within established authority limits while ensuring adherence to policies and guidelines. Interact with Mortgage Insurers where applicable to complete credit lending decisions. Ensure due diligence has been completed prior to signing off on any mortgage conditions or documents. Prepare and issue mortgage commitments with appropriate conditions within established service level agreements/turnaround times. Prioritize applications and workflow to ensure consistent and sound risk assessments while managing high volumes and maintaining service excellence. Stay current with latest industry knowledge, competition, and market trends. Skills and Attributes Ability to build and maintain positive relationships. Strong aptitude for service excellence. Strong communication skills—both written and verbal. Ability to manage and resolve conflict. Strong analytical skills. Attention to detail. Organizational and time management skills. Positive team player with desire and ability to mentor others. Effective problem‑solving and decision‑making skills. Competent in basic PC software and Microsoft Office suite. Ability to manage pressure in a high‑volume processing environment with tight turnaround times. Adherence to policies/procedures to ensure AML requirements are met. Education, Certification & Experience Requirements Completed post‑secondary education or equivalent work experience. Minimum 2 years previous mortgage underwriting experience. Completion of Mortgage Agent Course and/or FICOM License an asset. Working knowledge of PC software in a Windows environment. In accordance with the Financial Institutions Commission (FICOM), if a successful candidate is not already licensed, upon starting with First National, they will be registered for the applicable educational courses and, upon successful completion of the exam, First National will register them with FICOM to complete the licensing process. Working Environment and Physical Demands Office environment. Periods of high volume with tight timelines. Long periods of stationary positioning/sitting. Prolonged periods of repetitive movement (i.e., using a keyboard and mouse). Long periods of time viewing a computer screen. Multitasking 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 (Health Spending Account, Maternity and Parental Leave Top Up). 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 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. Equal Opportunity Employer 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. First National supports requests for accommodation from applicants with disabilities; please contact Human Resources at should you need an accommodation at any point in the recruitment process. #J-18808-Ljbffr