Mortgage Underwriter

Peoples Group • Vancouver, BC

10h • CA$70,000 - CA$80,000 • Hybrid

About The Position

The Mortgage Underwriter is responsible for reviewing and assessing mortgage applications to ensure they meet credit policy, regulatory requirements, and lending guidelines. The role analyzes borrower information, collateral, and third‑party documentation to make sound credit decisions and identify risks requiring mitigation or escalation. The Mortgage Underwriter works closely with brokers, business development teams, insurers, and internal stakeholders.

Requirements

• Minimum of 2-3 years of lender mortgage underwriting / mortgage lending experience within the financial services industry.
• Sound knowledge and expertise of credit adjudication, underwriting practices and lending products.
• Understanding of the financial services industry, its independent distribution channels, and the regulatory environment.
• Ability to work under tight deadlines and maintain composure under pressure.
• Detail oriented, with a high degree of accuracy.
• Excellent written and verbal communication skills.
• Ability to work independently and in a team environment.
• Adaptable, flexible and responsive to change.
• Strong computer skills.

Nice To Haves

• Post-secondary degree or diploma in a related field would be considered an asset.

Responsibilities

• Investigates, evaluates, sets conditions, mitigate approvals or declines of mortgage loans, applications, ensuring compliance with the current legislation and with the policies, programs and procedures of Peoples Bank.
• Gathers any necessary information required to co-ordinate and analyze credit applications and ensures consistent, objective and sound credit decisions.
• Liaises with the default insurers (CMHC, Sagen and Canada Guaranty) and various appraisal service providers to ensure collateral security is acceptable and meets the guidelines of the Bank.
• Analyzes and submits well thought out written recommendations to management/senior management regarding credit applications.
• Responsible for meeting all productivity measures and service levels
• Verifies data and information on mortgage applications with third parties, including verbal confirmation of employment, web searches of employers and businesses to ensure accuracy.
• Resolves any escalated credit issues, replies to internal and external client queries, communicates credit decisions and recognizes when issues require escalation to managers.
• Keeps up to date on applicable legislation including OSFI B20 guidelines, the Bank's policies, programs, procedures and mortgage insurer policies.
• Perform other duties and assist with special projects to support underwriting and other operational functions, as required.

Benefits

• Competitive salaries
• Generous paid time off
• A commitment to your well-being in five key areas: Financial, Physical, Social, Career, and Community.
• Competitive annual salary plus a discretionary profit share opportunity.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree