SKILL & KNOWLEDGE REQUIREMENTS:

• 5+ years of retail credit adjudicating experience in the banking industry, with at least 2+ years in the alternative mortgage lending space.
• Completion of post-secondary education in combination with relevant mortgage underwriting experience and job-related courses/education.
• Self-starter, self-motivated, creative and entrepreneurial with solid interpersonal and communication skills and an ability to work within a team environment.
• Strong English written & oral communication skills; excellent phone etiquette; proficiency in other languages an asset.
• Existing broker relationships preferred.
• Proficiency in MS Word, Excel, and Outlook.
• High degree of numerical competency.
• Strong focus on customer service excellence, organization, attention to detail and sense of urgency; ability to prioritize and meet deadlines.

Job responsibilities include, but are not limited to:

Credit Review, Analysis and Recommendation:

• Evaluate, assess, and recommend complex residential mortgage and loan applications to Management by assessing member’s credit history, collateral and income or ability to pay within IC Savings established guidelines, policies and procedures.
• Apply key underwriting principles to underwriting and risk evaluation of applications in compliance with internal and external regulatory guidelines.
• Maintain minimum funded volumes, as assigned.
• Underwrite and maintain loan and mortgage applications submitted from retail branches and refinancing applications referred by the Retention team.
• Actively promote sales of existing lending products, up-sell and cross-sell IC Savings’ full range of lending solutions with a focus on residential mortgages.
• When required, assist Senior Underwriter with training broker community on new mortgage offerings.
• Successfully contribute to the Residential Lending results, ensuring growth and profitability targets are being met.
• Negotiate, structure, and evaluate received mortgage applications according to internal policies
• Follow AML procedures on all files with an emphasis on “Know Your Member” rules.
• Adhere to compliance and operational risk controls in accordance with company’s policies and procedures.
• Manage portfolio risk by exercising consistent, objective and sound credit decisions, escalating with rationale to support recommendations, where appropriate.
• Maintain minimum funded volumes, as assigned.
• Effectively interact with Solicitors, Mortgage and Funding staff to ensure proper workflow and funding procedures.
• When required, interview loan and mortgage applicants, assist in the proper completion of credit applications, analyze financial information, assess credit, and make recommendations for approvals/declines.
• Actively participate in all IC Savings’ campaigns and promotions and champion the organization’s sales-oriented culture.
• Maintain both a high personal profile and the reputation of IC Savings as the financial institution of choice amongst the Mortgage Broker community.

Other Functions:

• Keep up with the latest industry knowledge, competition, and market trends.
• Work in collaboration with the team to ensure targets are being met.
• Perform other duties, as assigned.