Mortgage Career: CMLS Financial Ltd – Underwriter, Residential Mortgages

 Underwriter, Residential
Mortgages

Job
Purpose and Summary:
The Underwriter,
Residential Mortgage will work very closely with the residential sales team
throughout Canada. The successful candidate will utilize their detailed
knowledge of the residential mortgage industry, conditions management,
regulatory compliance, and sound decision-making skills to underwrite mortgages
which have been originated through our broker network.

Accountabilities:

The core responsibilities and accountabilities are:

• End to End process
• Adjudicate
  information presented and address any discrepancies or inconsistencies
• Confirming
  appropriate due diligence has been complete prior to issuing a commitment
• Verify data to ensure
  it meets with company and insurers guidelines (CMHC, Genworth)
• Prioritize deals in
  the workflow queue in order to maintain a 4 hour turnaround time
• Respond to questions,
  concerns email and phone calls within a 2 hour period from all clients with the
  intent to build and maintain relationships
• Provide our brokers
  with all mortgage options to assist in making an informed decision
• Correspond with
  mortgage brokers to attain outstanding documentation needed to complete
  requirements as stipulated on the mortgage commitment.
• Manage the files from
  the time of commitment to all conditions met
• Provide liaison and
  support for funders
• Extensive knowledge
  of the documentation required for all mortgage products

Education / Experience / Skills:

• Demonstrated strong
  sound credit judgment
• Post-secondary
  education and/or equivalent work experience;
• Working knowledge of
  residential mortgage legal documentation
• 3 or more years of
  experience in the mortgage industry (residential mortgage underwriting
  experience is strongly preferred);
• Ability to understand
  financial statements
• Proficiency with Microsoft computer applications
• Extensive knowledge of the review process for all
  documentation

Start date:  December 3, 2012
Reports to:  Director, Residential Underwriting
Direct reports:  None
Responses requested
by:  November 15th, 2012

 If you are seeking a
challenging and promising career, have proven experience in the mortgage
industry, consider yourself a seasoned underwriter and have a can-do attitude,
please contact us at careers@cmls.ca indicating your interest in the Residential Underwriter Position.
We thank all
applicants, however, we will only contact those selected for an interview.