Our client, a Big 5 Bank in Canada is currently seeking a BIlingual (English/French) Residential Mortgage Underwriter to join their team in Montreal, QC! The candidate would be required to work 1 day per week in office in downtown Montreal for the initial training period and will then shift to 100% remote work.
Job Duties
The Bilingual Analyst, Underwriting is responsible for supporting the review and approval of residential mortgage and real estate applications in a timely and effective manner. The role follows detailed instructions and documented procedures to negotiate, approve, recommend, or decline residential secured and unsecured mortgages and real estate applications within established guidelines and authorized lending limits. The Analyst, Underwriting uses judgement regarding priorities and approaches to review credit information by gathering and critically assessing property-specific third party due diligence reports and negotiating terms for marginal applications. The role provides specialized advice and guidance on company policy, procedures, and security value estimates, resolving basic problems within the scope of their job.
How you'll succeed
• Decision- Maker -Negotiate, approve, decline and recommend applications, within established processes, guidelines and authorized lending limit of up to $1,500,000, including residential mortgage, real estate secured and unsecured applications.
• Analytical - Gather, review and assess information and documentation to support each credit application within risk parameters and Insurers guidelines, if applicable.
• Relationship building - Handle, as required, correspondence and telephone inquiries from internal business partners and external business partners such as insurers, appraisers and solicitors.
• Risk- Assessment- Review, prepare and make considered recommendations to Manager or sr. underwriter where residential mortgage application is above authority limit.
• Agile - Manage high work volumes to meet short time lines with a high level of quality and due diligence. You will also be expected to review a variety of lending products on a day to day basis.
Qualifications
1) 2-4 Years Retail mortgage underwriting experience. Mostly residential Mortgages (bilingual in french/english)
2) RESL specific underwriting (Real-estate Secured Lending) , decision making experience with approval authority including exceptions rational (they'll be making exceptions themselves)
3) Experience in reviewing and evaluating mortgage loan application documents (income, down-payment, offers, etc..) and understanding risk mitigation. Must be familiar with GDS (Gross Debt Service Ration) and TDS (Total Debt Service Ratio)
4) Ability to meet productivity targets of reviewing 5 new files per day , with the expectation to handle 20-30 deals per week and working with other teams (funding teams, brokers, etc. appropriately and politely).
Nice to have:
• Any broker or underwriting course experience
• Familiarity with Canadian Rules and Regulation
Employee Value Proposition (EVP)
Good opportunity to grow within a large financial institution. The onboard training is very extensive and sets the individuals up for success. Opportunity to go full time.
Work Environment
-Onsite once a week for the first 5 weeks of training
- 10-6 M/F and potential Saturday rotating schedule.
- Fully remote afterwards unless town hall or training required.
Duration: 6 month contract to permanent
Pay: $30 - $38/hr
Job Type & Location
This is a Contract position based out of Montreal, QC.
Pay and Benefits
The pay range for this position is $30.00 - $38.00/hr.
Workplace Type
This is a hybrid position in Montreal,QC.
À propos de TEKsystems et TEKsystems Global Services
Nous sommes un fournisseur de services aux entreprises et de technologies. Nous accélérons la transformation de nos clients. Notre compétence en stratégie, conception, exécution et opérations libère la valeur de l’entreprise par un éventail de solutions. Nous sommes une équipe de 80 000 personnes qui collaborent avec plus de 60 000 clients, notamment 80 % du Fortune 500 en Amérique du Nord, Europe et Asie, qui collaborent avec nous dans le cadre de nos capacités full-stack et notre rythme. Nous sommes des penseurs stratégiques, des collaborateurs pratiques qui aident les clients à exploiter le changement et maîtriser le dynamisme de la technologie. Nous bâtissons le futur en livrant les résultats et en créant un impact positif dans nos communautés mondiales. TEKsystems et TEKsystems Global Services sont des entreprises d’Allegis Group. Découvrez d’autres informations à TEKsystems.com.
Québec Numéro du permis d'agence de placement de personnel AP-2000547
About TEKsystems and TEKsystems Global Services
We’re a leading provider of business and technology services. We accelerate business transformation for our customers. Our expertise in strategy, design, execution and operations unlocks business value through a range of solutions. We’re a team of 80,000 strong, working with over 6,000 customers, including 80% of the Fortune 500 across North America, Europe and Asia, who partner with us for our scale, full-stack capabilities and speed. We’re strategic thinkers, hands-on collaborators, helping customers capitalize on change and master the momentum of technology. We’re building tomorrow by delivering business outcomes and making positive impacts in our global communities. TEKsystems and TEKsystems Global Services are Allegis Group companies. Learn more at TEKsystems.com.
The company is an equal opportunity employer and will consider all applications without regard to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.
Quebec Personnel Placement Agency Permit Number AP-2000547
