CREDIT UNDERWRITER

Due to growth, our client in the financial services space is adding a Credit Underwriter to their team!

RESPONSIBILITIES:

• Oversee and manage the tracking of credit data and various transaction details
• Analyze credit submissions, leveraging your knowledge and experience in credit underwriting and financial analysis to exercise good judgment in providing approvals for qualified applications according to the company’s credit policy and procedures
• Develop a strong understanding of the lending practices and guidelines of various funding partners to facilitate the packaging of credit applications most efficiently to maximize approval rates, meet service times, and satisfy the structure and rate expectations of clients
• Exercise consistent, objective and sound credit decisions within authorized limits, escalating where appropriate
• Issue mortgage commitments with appropriate conditions and follow up with signatures.  Providing excellent customer service, including efficient turnaround time while building and maintaining positive working relationships
• Work in collaboration with other team members to closely manage pipelines, assist in collecting outstanding documentation when needed, satisfy the requirements as stipulated in the commitment and close deals on a timely basis
• Maintain up-to-date knowledge of the competition, industry trends and market conditions
• Ensure accurate record-keeping – both electronic and paper-based and ensure that all records are stored and retained to meet standards
• Maintain knowledge of all applicable underwriting guidelines

QUALIFICATIONS:

• Must have work experience in real estate financing/construction loans, commercial lending and underwriting for multi-family unit
• Having a CFA designation will be a strong asset but not mandatory
• Strong communication skills (over the telephone and in person)
• Proficient computer knowledge, including a sound working knowledge of Microsoft Outlook, Word and Excel
• Strong multi-tasking skills in a fast-paced work environment
• Continuous learner, highly analytical, with good conceptual and critical thinking skills
• Detail oriented, strong interpersonal skills and a team player
• Excellent data entry skills
• Alternative mortgage market and commercial lending experience an asset
• Strong documentation skills, with the ability to manage large volumes of applications
• Professional, polished and clear written communication skills
• Ability to work in a changing environment with constant moving targets
• Strong organizational and time management skills