Senior Underwriter - Residential Mortgage
(Gentai Financial Group – Metro Vancouver Regional District, BC)

About the Position

We are currently seeking a Mortgage Underwriter to take care of residential and commercial mortgage. Reporting to the credit committee, the Mortgage Underwriter conducts the underwriting and credit decision process, drives the smart growth through reviewing, analyzing, and assessing the borrower’s financial information and property evaluation following established policies and procedure to safeguard the Company’s investment.

Key Responsibilities

  • Co-ordinate, verify, review and analyze received mortgage applications along with supporting documentation and negotiate terms with internal business development manager and external mortgage broker, decline the applications, recommend the applications for approval to achieve consistent, objective and sound credit decisions. 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.
  • Recommend mortgages approval within established lending policies and limits using good judgment to provide win-win solutions for borrower and the Company.
  • Continuously monitors and maintains the mortgage application queue, accurately and in real time to ensure mortgage broker and borrower expectations and deadlines are met and service level agreements are achieved.
  • Communicates regularly internally to ensure mortgage broker satisfaction and expedite turn around times
  • Follow up with brokers on issued mortgage commitments to ensure the efficient closing of mortgage files.
  • Provide the highest level of internal and external customer service while fielding mortgage broker inquiries and maintaining broker relationships.
  • Provide underwriting expertise to business development manager, mortgage brokers, and clients and maintain an up to date knowledge of company policies, procedures and products.
  • Interacts with mortgage brokers for the collection of all required documents to satisfy mortgage commitment conditions
  • Reviews and verifies accuracy of required documentation related to income, down payment and the property using sound due diligence and in compliance with internal and regulatory guidelines prior to signing off on any mortgage conditions or documents, where applicable
  • Escalates any documentation issues to the Underwriting Committee for review and sign off
  • Documents clear and complete notes within the mortgage underwriting system

Job Requirements

  • In-depth knowledge of credit and mortgage loan underwriting practices
  • Knowledge of the risk analysis approach and the appraisal process (ability to understand and interpret appraisal reports)
  • Knowledge of fraud risk in the mortgage industry and the ability to address concerns relating to suspected misrepresentation is required
  • Familiarity with mortgage process documents, i.e. Mortgage Statements, Purchase & Sale Agreement, T4A, T1, NOAs, Tax Bill, and Insurance Policy document, etc.
  • Demonstrated interpersonal and communication skills
  • Ability to read, analyze and comprehend financial statements and tax returns
  • Strong customer service orientation and negotiation/selling skills
  • Must be a self-starter and results oriented
  • Ability to thrive in a constantly changing environment and to perform well in a high volume, high intensity deadline driven environment
  • Ability to make decisions under pressure while adhering to underwriting guidelines
  • Excellent time management, analytical and problem solving skills
  • Multi-tasking in fast paced, deadline driven environment
  • Excellent attention to detail
  • Participate in required meetings, training, and continuing education requirement
  • Comply with all regulatory requirements, including licensing and registrations
  • Perform other duties as assigned

Education/Certification/Experience Requirements:

  • 2+ years’ mortgage experience in the financial services industry (preferred alternative mortgage market)
  • Proficiency in MS Office (mainly MS Word and Excel)
  • Completion of a post-secondary degree preferably in financial field
  • Certification(s)/Designation(s) preferred
  • Previous experience within Financial Services sector preferred
  • Completion of sub mortgage broke exam and or FICOM license or willingness to complete the exam and register with FICOM by the end of probation
  • Bilingual: strong oral and written skills in both English and Mandarin

Compensation: highly competitive, depend on experience

About Gentai

An agile, boutique mortgage lender with the experience, character, and commitment to excellence required in Canada’s evolving real estate market. Our team is made up of innovators and entrepreneurial thinkers. We do things differently than other lenders, our business is about building relationships. We’re all about teamwork, making contributions, and our own self-development.!

You will love working here:

Employees tell us that they love that we strike the balance in creating an incredibly professional, yet dynamic, collaborative, and enjoyable corporate culture. We work in a fluid and fast-paced environment that is supportive of energetic and motivated individuals who pride themselves on being flexible and results-driven. Despite these challenging times, our business is thriving and that means that our employees get valuable exposure, lots of learning opportunities, and can truly have an impact on our business. We are committed to providing our people with a challenging and rewarding career because our employees are what set us apart and we know it.

Equal Opportunity Employer

Gentai is an equal opportunity employer committed to diversity and inclusion. We are pleased to consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran’s status, Aboriginal/Native American status or any other legally-protected factors. Disability-related accommodations are available on request for candidates taking part in all aspects of the selection process.

We want to hear from you!

If you are confident that you would be a strong asset to our team, submit both a cover letter and resume today to recruiting@gentaicapital.com. Be sure to tell us why you believe yourself to be a perfect fit! We thank all applicants for their time in applying, however, we will only contact those selected for an interview. Consideration of applications will begin immediately and continue until the position is filled.