Mortgage Credit Underwriter

Community Trust Company, ThinkInsure, Zolo, and Flexiti, provides securities and foreign currency investment, professionally managed investment portfolios, mortgages, insurance, real estate services, financial services and more. Questrade uses cutting-edge technologies to develop innovative products that give customers better, more affordable ways to take control of their money. At QFG, you will be constantly moving forward, bringing the future of fintech into existence. Your team members will help you conquer challenges, push boundaries and discover what you are truly capable of. Paid vacation, personal, and sick days for work-life balance

Opportunities to contribute to community causes

We're looking for our next Residential Mortgage Underwriter. The role is responsible for the full credit adjudication process from decisioning mortgage applications based on established lending criteria along with the review and fulfillment of the mortgage conditions. This includes exception management, pricing determinations and documentation review and acceptance all while meeting performance targets and ensuring adherence to service standards. Maintain knowledge of Community Trust residential mortgage underwriting policies, procedures, and products.

Negotiate, structure, and evaluate received mortgage applications according to internal policies.

Manage portfolio risk by exercising consistent, objective and sound credit decisions within authorized limits, escalating with rationale to support recommendation where appropriate.

Issue mortgage commitments with appropriate conditions.

Review and decision mortgage documentation to ensure each document is complete and accurate based on Community Trust's credit policies, procedures, and anti-money laundering requirements.

Work in collaboration with the Credit Quality Assurance and Funding teams to ensure targets are being met.

Identify continuous improvement opportunities.

Follow AML procedures on all files with an emphasis on “Know Your Client” rules.

Proactively identify actual and potential violations of AML regulatory requirements, internal policies and procedures or other AML/ATF risk situations at an early stage. Conducts appropriate inquiries and investigations in relation to any such situation and ensures that corrective actions and/or risk mitigation actions are implemented in a timely manner or escalated appropriately.

Adhere to compliance and operational risk controls in accordance with company's policies and procedures.

So are YOU our next Residential Mortgage Underwriter? Bring a positive, can-do attitude to our organization, using creative solutions to solve problems.

Committed to providing outstanding customer service.

Solid written and verbal business communication skills.

Demonstrates interpersonal and relationship building skills.

Solid understanding of the general characteristics, attributes and risk factors associated with various loan types.

LI-Hybrid #LI-ÉP1 At Questrade Financial Group of Companies, with multiple office locations around the world, we are committed to fostering a diverse, inclusive and accessible work environment. Our team reflects the diversity of the communities we serve and operate in. Having a collaborative and diverse team helps us push boundaries to bring the future of fintech into existence—not only for the benefit of our customers, but for those who build their career with us. Questrade Financial Group of companies Applicant Tracking System utilizes artificial intelligence (AI) for application screening.