Mortgage Underwriter (remote)

This is a remote position.
About Our Client: Our client is a growing mortgage brokerage based in Toronto, Ontario, with a consistent and growing volume of active files. The team operates in a high-volume, fast-paced environment, focused on delivering well-structured mortgage solutions while maintaining strong compliance and clear communication between agents and lenders.

The Role: The Mortgage Underwriter is responsible for reviewing and structuring mortgage applications submitted by agents within the brokerage. This is a hands-on, underwriting role , ideal for someone mid-stage in their career who is comfortable working in a multi-lender environment and managing multiple files at once.
This role is primarily focused on supporting agent-submitted files and working behind the scenes to structure and prepare deals for lender submission, rather than direct client-facing mortgage advising. This role is a full-time permanent and fully remote position.
Credit Review & File Structuring

Application Analysis: Review borrower applications, including income documentation, credit bureau, and property details to assess overall file strength and completeness before submission.
Income Assessment: Evaluate various income types including salaried, hourly, and self-employed / declared income using supporting documentation such as bank statements, NOAs, and financials.
Recommend appropriate lenders and deal structure based on borrower profile, income type, credit strength, and overall risk positioning.
Risk Identification (Early Triage): Identify inconsistencies, missing documentation, or potential “deal killers” early and work with agents to address gaps before submission.
Agent Collaboration: Work closely with mortgage agents to clarify missing information, confirm details, and guide files toward a clean and complete submission.
Lender Communication: Communicate with lenders to confirm requirements, respond to questions, and help move files forward efficiently.
Compliance, KYC & File Quality

AML / FINTRAC Awareness: Maintain awareness of Anti-Money Laundering (AML) requirements and escalate any inconsistencies, red flags, or unusual activity as required.
Document Review & Integrity: Review documentation for consistency, completeness, and authenticity, identifying discrepancies across income, credit, and application details.
Fraud Awareness: Maintain a high level of diligence when reviewing documents to help prevent potential mortgage fraud or misrepresentation.
File Documentation & Audit Readiness: Ensure all notes, documents, and file updates are clearly recorded and organized for internal tracking and potential audit review.
1-3 years of mortgage underwriting experience within a brokerage or lender environment

• Strong knowledge of Canadian mortgage products, lender guidelines, and compliance requirements .
• Familiarity with self-employed borrowers, including income review and declaration-based files
• Proficiency with Velocity, Filogix, or similar mortgage submission platform
• Strong understanding of FINTRAC, AML, and mortgage compliance requirements