Director, Underwriting (Residential Lending)

Director, Underwriting (Residential Lending)

Full time| Senior Level | Reports to the Vice-President and Chief Credit Officer

Position Summary

The Director, Underwriting (DUW) is responsible for the day-to-day oversight of the Residential Lending Credit team.

Key Responsibilities

• Lead a team of Underwriters and Support members in the review and processing of Mortgage Applications. Recommend and spearhead changes to the underwriting lifecycle.
• Review applications within Delegated Lending Authority or Recommend Approval to the Chief Credit Officer.
• Collaborate with members of the leadership team and other departments to achieve overall Enterprise goals.
• Collaborate with Risk Management and recommend to Chief Credit Officer actions to continue to operate within the Bank’s defined Risk Appetite.
• Attend industry events and conferences and represent the Bank within the Mortgage Broker Industry (as required).

Requirements

• You engage with purpose, sound judgement, and professionalism to find the right solutions. You go the extra mile because it’s the right thing to do.
• You’re passionate about people. You like to build relationships and trust through respect, accountability, and authenticity.
• As a professional, you have 5+ years of experience in a mortgage underwriting leadership role within the banking or financial industry, and a proven track record of successfully acquiring new clients (both b2b and b2c). Preference in experience with Alternative Lending.
• You have exceptional networking and relationship-building skills, with the ability to connect with key decision-makers.
• You have strong presentation, communication, and negotiation skills.
• You are a results-oriented individual, with a focus on driving measurable business outcomes.
• You are proficient in using Microsoft Office, and experience with Underwriting platforms (LMS, Fundmore, etc).

What You Need to Know

At WealthONE, our people are our greatest asset. You’ll become part of a diverse and growing team that acknowledges everyone’s unique talents to do what’s right for the client, and to do it well. As part of our team, you will:

• Thrive: Benefit from an open and approachable culture that provides the flexibility and support you need to integrate your life at work and at home.
• Connect: Work in a place that fosters creativity and collaboration.
• Develop: Apply your skills and grow your career in a young, fast-growing environment.
• Prosper: Share in our collective success with a competitive salary, incentive pay, and excellent health benefits program.

WealthONE is an equal opportunity employer committed to creating an inclusive environment where all team members and clients feel like they belong.

While we are based in Toronto, however this role can be conducted from any location across Canada. Our preference is for the incumbent to be Toronto based as work in the Toronto Head Office may be required. You also need to be legally eligible to work in Canada.

To learn more, please visit us at Wealth One Bank of Canada - About Us