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Underwriter

PADS Financial2 days ago
Hybrid
Montreal, Quebec, Canada
Mid Level
Full-Time

Top Benefits

Competitive total rewards package
Professional office culture
Competitive vacation offering

About the role

About Us

Pads Financial is a Montreal based Fintech startup. Pads is the brainchild of Canadian entrepreneurs who noticed a gap in the lending market. We are the first all online lending platform helping Canadian homeowners obtain equity backed loans. The Pads lending network is also comprised of 100% Canadian private investors.

Pads Financial is vertically integrated; from lead acquisition to loan servicing everything is done in-house to insure excellent customer service, rapid processing, and the best rates. Each step of the loan process is optimized and expedited thanks to our proprietary AI.

As much as we lean on technology, Pads is a people centric organization. We believe in providing our team members with a safe, stimulating work environment where they can do their best work and have many opportunities to grow and develop their skillset.

Pads is shaking up the lending space in Canada with excellent, honest client service, advanced technology and a 100% online application process.

Job Description

Pads is seeking a Mortgage Underwriter to join our team. As a Mortgage Underwriter, you will be responsible for analyzing and evaluating mortgage loan applications to ensure they meet the required criteria and guidelines. You will work closely with other staff members to ensure that all loans are underwritten accurately and efficiently. The ideal candidate will have a strong background in mortgage underwriting which consists of establishing a borrower credit worthiness and a property valuation.

Key Responsibilities

Analyze and evaluate mortgage loan applications to ensure they meet required criteria and guidelines. Assess the creditworthiness of borrowers and make recommendations for loan approval or denial. Review and verify borrower information, including income, employment, credit history, debt-to-income ratio. Review and analyze property information that will be used as collateral. Ensure that all loan documents are accurate and complete, and that all required documentation is obtained and properly filed. Identify potential risks and recommend appropriate risk mitigation strategies. Communicate with processors, and other staff members to resolve any issues or discrepancies.

Requirements

Minimum of 1-3 years of experience in mortgage underwriting. Experience in residential mortgage underwriting. Works well in high pressure environment. Strong analytical and problem-solving skills. Excellent attention to detail. Ability to work independently and in a team environment. Strong communication and interpersonal skills. Bilingual (French, English) – mandatory.

If you meet the requirements and are interested in this position, please submit your resume and cover letter. We look forward to hearing from you.

Benefits

A dynamic, startup environment and a competitive total rewards package. A professional office culture with open communication where all ideas are heard and valued. A competitive vacation offering and benefits package. Professional development is encouraged and paid for by the Company. Hybrid work from home-office model. High growth opportunity.

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About PADS Financial

Financial Services
2-10 employees
Founded in 2022

Pads Financial est une start-up Fintech basée à Montréal. Pads est l'idée d'entrepreneurs canadiens qui ont identifié une lacune sur le marché du prêt. 100% en ligne, sa mission est de servir les propriétaires canadiens. // Pads Financial is a Montreal based Fintech startup. Pads is the brainchild of Canadian entrepreneurs who noticed a gap in the lending market. 100% online, its mission is to serve Canadian homeowners.

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