Join a Challenger
Being a traditional bank just isn’t our thing, so we challenge ourselves to get
creative in providing innovative banking solutions for Canadians.
How do we get there? With a talented team of inquisitive and agile challengers
that break through the status quo. So, if you’re passionate about redefining the
future of banking—while having fun—this could be your next big opportunity.
Our company continues to grow, and today we serve more than 670,000 people
across Canada through Equitable Bank, Canada's Challenger Bank™, and have been
around for more than 50 years. Equitable Bank's wholly-owned subsidiary,
Concentra Bank, supports credit unions across Canada that serve more than six
million members. Together we have over $125 billion in combined assets under
management and administration, with a clear mandate to drive change in Canadian
banking to enrich people's lives. Our customers have named our EQ Bank digital
platform (eqbank.ca [https://www.eqbank.ca/]) one of the top banks in Canada on
the Forbes World's Best Banks list since 2021.
The Mortgage Underwriter is responsible for negotiating, recommending,
declining, and, in some instances, approving mortgage applications within
established guidelines, to be secured by new or existing real estate. This must
be done as efficiently as possible while exercising sound lending judgment and
without compromising service and profitability.
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The Work !
- On a daily basis, review received mortgage applications along with supporting
documentation and negotiate terms with the mortgage broker, decline the
applications, recommend the applications for approval and in some instances,
approve the applications. Ensure that approved deals close as scheduled and
as efficiently as possible by following up on outstanding
conditions/documents and ensuring compliance with established guidelines.
(50%)
- Follow up with brokers on a daily basis on issued mortgage commitments to
ensure the efficient closing of mortgage files. (20%)
- On a daily basis provide the highest level of internal and external customer
service while fielding mortgage broker inquiries and maintaining broker
relationships. (20%)
- On a daily basis, provide underwriting expertise to mortgage brokers, clients
and co-workers and maintain an up to date knowledge of company policies,
procedures and products. (10%)
Let's Talk About You !
- Sound thinker with the ability to multi-task
- Excellent attention to detail
- Sound knowledge of AML & ATF practices
- Established and meticulous organizational skills
- Excellent time management, analytical and problem solving skills
- Ability to make decisions under pressure
- Proven ability to thrive in a constantly changing environment and to perform
well in a high volume, high intensity environment
- Highly developed verbal and written communication skills with the ability to
respond in a clear, concise and professional manner
- Displays pride in providing superb customer service
- 2+ years’ mortgage experience in the alternative mortgage market
- Proficiency in MS Office (mainly MS Word and Excel)
- Completion of a post-secondary degree preferably in a financial field
- Knowledge of fraud risk in the mortgage industry and the ability to address
concerns relating to suspected misrepresentation is required
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What we offer [For full-time permanent roles]
💰 Competitive discretionary bonus
✨ Market leading RRSP match program
🩺 Medical, dental, vision, life, and disability benefits
📝 Employee Share Purchase Plan
👶🏽 Maternity/Parental top-up while you care for your little one
🏝 Generous vacation policy and personal days
🖥 Virtual events to connect with your fellow colleagues
🎓 Annual professional development allowance and a comprehensive Career
Development program
💛 A fulfilling opportunity to join one of the top FinTechs and help create a
new kind of banking experience
The incumbent will be working hybrid and in office time will be spent working
from Equitable Bank’s additional office space located at 2200-25 Ontario Street,
Toronto, ON.
Equitable Bank is deeply committed to inclusion. Our organization is stronger
and our employees thrive when we honour and celebrate everyone’s diverse
experiences and perspectives. In tandem with that commitment, we support and
encourage our staff to grow not just in their career path, but personally as
well.
We commit to providing a barrier-free recruitment process and work environment
for all applicants. Please let us know of any accommodations needed so that you
can bring your best self to the application process and beyond. All candidates
considered for hire must successfully pass a criminal background check and
credit check to qualify for hire. While we appreciate your interest in applying,
an Equitable recruiter will only contact leading candidates whose skills and
qualifications closely match the requirements of the position.
We can’t wait to get to know you!
