Residential Underwriter > Pro Funds Mortgages > Joboolo CA :
Company : Pro Funds Mortgages Location : Burlington Ontario From : Neuvoo CA
The Residential Mortgage Underwriter will also be responsible for financial modeling, analysis, consolidated budgeting, forecasting, and report writing for the property and development team to provide valuable insights in support of operating and strategic planning initiatives.
Other responsibilities may include reviews of exiting projects and joint ventures.
SPECIFIC RESPONSIBILITIES Act as the first point of contact for investors seeking financing, while maintain superior customer service at all times.
Writing financial and business plans related to real estate development and property investment opportunities.
Prepare Mortgage Request Packages for project and properties.
Assist writing Offering Memorandums and Term Sheets for equity in real estate investments.
Develop models and other analysis to drive initiatives, monitor trends, identify exceptions and to support budgeting, forecasting, and strategic planning for projects and properties.
Analyze the profitability, projections, and other financial models to support decision making, financial feasibility and new business initiatives in collaboration with other departments.
Provide timely and accurate analysis and information concerning, LTV, ROI, and ROE.
Improve the quality and efficiency of financial reports and models and seek opportunities to streamline analysis and process.
Prepare, review, analyze and verify mortgage applications for completeness, accuracy, suitability and risk.
Take assets that are being acquired or nearing completion of development/construction, and realign with institutional financing.
Complete due diligence analysis on future opportunities.
Ensure compliance with all aspects of Pro FundsMortgages underwriting policies, procedures and guidelines per delegated authority matrices.
Adhere to applicable compliance obligations including Privacy, Anti-Money Laundering/Anti-Terrorist Financing and internal Anti-Fraud Policy requirements.
File Unusual Transaction Reports as applicable to fulfil individual employee obligations to detect and deter financial crimes activity.
Maintain consistent, objective and sound risk assessments in a high volume, service-oriented environment.
Adhere to defined Service Level Agreement in acknowledging applications and following up on additional required information.
Work effectively with all internal business partners to improve underwriting systems to maximize effectiveness and achieve excellence.
Remain current on latest developments within the real estate industry and market trends to secure competitive advantage.
Make prudent credit decisions on complex mortgage files.
Prepare files and recommend mortgage deals for final approval.
Maintain accurate information and detailed notes on applications, prepare and issue conditional mortgage commitments outlining all conditions that must be met to Pro FundsMortgages satisfaction.
Issue mortgage commitment according to negotiated and approved terms.
Be a team player and rise above to help with reasonable duties as assigned.
REQUIREMENTS Master of Business Administration preferred University Degree in Business or equivalent or related area.
Minimum 5 years’ experience with mortgage lending and in a bank space.
Strong understanding of residential mortgage products.
Excellent communication (verbal and written) required.
Exceptional problem-solving skills.
Proactive self-starter who has a demonstrated ability to take initiative.
Strong time management and organizational skills.
Certified Financial Analysis is a strong asset WHAT WE OFFER We are a work environment that cares about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.
At Pro FundsMortgages and Valour Group, you will have the ability to make a difference and have a lasting impact.
We are committed to continuous learning and professional development with excellent opportunity for advancement within the organization.
Join a dynamic, collaborative, high performing team of professionals.
Work in a modern, spacious office, with impressive amenities.
Excel with opportunities professional development and career advancement.
Participate in frequent employee engagement events.
Receive a competitive salary and health benefits plan.
Pro FundsMortgages and Valour Group welcomes and encourages applications from people with disabilities.
Accommodations are available on request for candidates taking part in all aspects of the selection process. Pro FundsMortgages BurlingtonOntario
