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Mortgage Career: Canadian Financial Services Company – Underwriter

Company: Canadian Financial Services Company
Position Title: Underwriter
Years of Experience Required: 5 years experience in the residential mortgage industry, particularly broker origination
Licences or Registrations Required: No, but experience is necessary
Location of Positions: Toronto, Ontario
Applicants may contact:


Company Overview:

Bay Street HR provides human resources support to boutique firms in the financial services industry. Our client currently provides transfer agent and corporate trust services to over 600 exchange listed clients from offices across Canada. It also offers residential mortgages, consumer deposits, foreign exchange and corporate filing services via other subsidiaries from its Toronto office.

Overview of Position:

The underwriter will evaluate, price, negotiate, recommend, restructure or decline mortgage applications within established guidelines, ensuring at all times that the emphasis is on deal-making and relationship management.

Job Responsibilities:

Responsibilities will include:

  • Developing and strengthening broker relationships in a sales culture environment
  • Evaluating and recommending mortgage applications by assessing customer’s credit history, collateral and income or ability to pay within established guidelines
  • Apply common sense approach to underwriting and risk evaluation of applications.
  • Keeping up with the latest industry knowledge, competition and market trends
  • Developing and strengthening internal and external relationships
  • Work in collaboration with the team to ensure targets are being met
  • Assessing 20+ applications per day

Qualifications & Attributes:

The successful candidate will have:

  • 5 years experience in the residential mortgage industry, particularly broker origination
  • A passion for exceeding customer service expectations and an ability to deliver on those expectations
  • Strong understanding of residential mortgage appraisals
  • Proven ability to make sound underwriting decisions
  • Well developed negotiation and sales skills
  • Relationship building skills

Time management and multi-tasking skills.

  • Excellent written and verbal communication skills
  • Ability to work independently and within a team environment
  • Ability to adapt to a fast paced, changing environment
  • PC literacy with working knowledge of Microsoft Outlook, Excel, Word and other financial/adjudication programs.

Additional Information:

To apply, please submit a resume and cover letter to, citing the position title in the subject line. We thank all applicants for their response but only those considered for an interview will be contacted.