Mortgage Underwriter

Mortgage Underwriter #98653

Job Location: REMOTE – training at downtown Toronto near TTC and GO. Hybrid work – onsite 3/4 days per week during training, thereafter only onsite during monthly town halls.
Work Schedule: 37.5 hours/week, 10‑6 Monday to Friday, potential Saturday rotating schedule.

Position Title: Mortgage Underwriters.
Line of Business: CREDIT ADJUDICATION.
Duration: 6 months, with potential extension or conversion to Full‑time.
Target

Start Date:

ASAP.
Target Rate Range: $30‑40/hr on B2B.

Reason the role is open: Increase in volume. Bridging resources until a permanent staff member is hired.

Project: Supporting day‑to‑day operations (BAU).

Team Culture: The Credit Adjudication team makes credit decisions on applications submitted, assesses applications & reviews, and supports the servicing of the applications until they are moved to the funding team, with a focus on secured lending.

Benefits: Good opportunity to grow within a large financial institution. Onboard training is extensive and sets the individual up for success.

The 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.

• Decision‑Maker – Negotiate, approve, decline and recommend applications within established CIBC processes, guidelines and authorized lending limits of up to $1,500,000.
• Analytical – Gather, review and assess information and documentation to support each credit application within CIBC risk parameters and insurer guidelines, if applicable.
• Relationship Building – Handle correspondence and telephone inquiries from internal business partners and external partners such as insurers, appraisers and solicitors.
• Risk Assessment – Review, prepare and make considered recommendations to Manager or senior underwriter where application is above authority limit.
• Agile – Manage high work volumes to meet short timelines with a high level of quality and due diligence. Review a variety of lending products on a day to day basis.

• 3‑4 years retail mortgage underwriting experience (mostly residential).
• Experience in RESL (Real‑Estate Secured Lending) and with an approval authority.
• Credit decision experience.
• Experience reviewing and evaluating documents (income, down‑payment, offers, etc.).
• Experience in exceptions reasoning.
• Good understanding of risk mitigation.

• Broker or underwriting course experience.
• Outlook and Excel skills.
• University degree.
• Familiarity with Canadian rules and regulation.
• Bilingual – French‑speaking.

• Excellent communication – written and verbal.
• Attention to detail.
• Strong negotiation skills.
• Technologically savvy.

G.G. Consulting Group uses advanced ATS systems to track and manage candidates and jobs. We do not use AI tools for candidate screening.