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Underwriter

  • Windsor, Ontario, Canada / Vancouver, BC
  • FullTime
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Description

Working for Rocket Mortgage in Canada means more opportunities for you to carve your own career path forward. From our desire to revolutionize the way people get mortgages to addressing challenges big or small with outside-the-box solutions, we’re not your typical employer. We’ll provide you with everything you need to make sure you’re successful here.

Apply today to join a team that offers career growth, amazing benefits and the chance to work with leading industry professionals.

Minimum Qualifications

  • 3 years of experience underwriting in residential originations

Job Summary

As an Underwriter, you'll analyze and verify loan applications, evaluate risk and make loan eligibility decisions. You'll ensure all documentation is compliant with relevant regulations.

Responsibilities

  • Review and underwrite customer loans within prescribed authority level, escalating unusual or complex cases to leadership where appropriate
  • Review due diligence documents submitted to validate the borrower’s willingness and ability to repay the loan
  • Analyze loan risk and request additional information as necessary
  • Make loan eligibility decisions and approve or reject applications
  • Review and specify loan conditions as necessary
  • Ensure deals are underwritten and adhere to internal policy, procedures, guidelines, insurer programs and regulatory requirements
  • Document and efficiently communicate reasons for the approval/rejection of loans
  • Review appraisal and/or site inspection reports
  • Manage the relationship with submitting agent/broker source
  • Set the pricing and manage the profitability of each transaction
  • Identify and assess AML and fraud risks
  • Manage pipeline and ensure daily production goals are met

Benefits and Perks

Our team members fuel our strategy, innovation and growth, so we ensure the health and well-being of not just you, but your family, too! We go above and beyond to give you the support you need on an individual level and offer all sorts of ways to help you live your best life. We are proud to offer eligible team members perks and health benefits that will help you have peace of mind. Simply put: We’ve got your back. Check out our full list of Benefits and Perks.

Who We Are

Rocket Companies® is a Detroit-based company made up of businesses that provide simple, fast and trusted digital solutions for complex transactions. The name comes from our flagship business, now known as Rocket Mortgage®, which was founded in 1985. Today, we’re a publicly traded company involved in many different industries, including mortgages, fintech, real estate and more. We’re insistently different in how we look at the world and are committed to an inclusive workplace where every voice is heard. We’re passionate about the work we do, and it shows. We’ve been ranked #1 for Fortune’s Best Large Workplaces in Financial Services and Insurance List in 2022, named #5 on People Magazine’s Companies That Care List in 2022 and recognized as #7 on Fortune’s list of the 100 Best Companies to Work For in 2022.

Disclaimer

This is an outline of the primary responsibilities of this position. As with everything in life, things change. The tasks and responsibilities can be changed, added to, removed, amended, deleted and modified at any time by the leadership group.

We are proud equal opportunity employers and committed to providing an inclusive environment based on mutual respect for all candidates and team members. Employment decisions, including hiring decisions, are not based on race, color, religion, national origin, sex, physical or mental disability, sexual orientation, gender identity or expression, age, military or veteran status or any other characteristic protected by state or federal law. We also provide reasonable accommodation to qualified individuals with disabilities in accordance with state and federal law.

British Columbia & Prince Edward Island Candidates Only. The salary range for this position is forty-eight thousand five hundred dollars to seventy-eight thousand five hundred dollars. The position may also be eligible for an annual bonus and other employment-related benefits including, but not limited to, medical, dental, and vision benefits and paid-time off. The information regarding compensation and other benefits included in this paragraph is only an estimate and is subject to revision from time to time as the Company, in its sole and exclusive discretion, deems appropriate. The Company may determine during its review of the proposed compensation and benefits provided for this position, that the compensation and benefits for such position should be reduced. In no event will the Company reduce the compensation for the position to a level below the applicable jurisdictional minimum wage rate for the position.

Rocket Mortgage, backed by Rocket Companies®, means more opportunities for you to carve your own career path forward. From our desire to revolutionize the way people get mortgages to addressing challenges big or small with outside-the-box solutions, we’re not your typical employer. We’ll provide you with everything you need to make sure you’re successful here. 

Apply Now