Bilingual Residential Mortgage Underwriter

About the role

EQ Bank is hiring a bilingual Residential Mortgage Underwriter in Montreal. The role follows mortgage files from the commitment approval stage until the loan is funded, reviewing documents, following up with mortgage brokers for outstanding paperwork and ensuring regulatory and internal requirements are met. It also plays a key part in fraud mitigation within the Single Family Residential department.

Key responsibilities

• Review and validate borrower documents, including income, down payment and identity information, and carry out client interviews when needed (35%).
• Ensure AML and ATF requirements are met and flag any suspected misrepresentation or fraud (35%).
• Check that files comply with lending policies, legal requirements and internal procedures, and resolve issues quickly with the relevant teams (35%).
• Manage the deal flow and meet processing deadlines using tracking reports (15%).
• Communicate regularly with mortgage brokers, clients and internal colleagues, providing high-quality service (10%).
• Update files when changes occur and respond promptly to quality assurance and compliance queries (5%).

Required profile

• Post-secondary diploma, preferably in finance, administration or business.
• At least 1 to 2 years of experience in the mortgage industry, preferably in the alternative mortgage market.
• Bilingualism in French and English.