Underwriter

Venor is proud to partner with our client, Graysbrook Capital Ltd, in their search for an Underwriter to join their collaborative team in the Halifax Regional Municipality of Nova Scotia. Graysbrook Capital is a licensed private mortgage lender servicing a wide range of clients across the Atlantic Provinces and the Ontario markets. With their exceptional service and specialization in creative short-term mortgage solutions, they provide opportunities to a diverse client base through flexible underwriting criteria and a commonsense approach. Through outstanding service and continued partnerships with industry leaders, they have emerged as the largest private lender in Atlantic Canada.

Reporting to the Director of Alternative Lending, the Underwriter will be responsible for underwriting of residential and commercial properties to drive portfolio growth for Graysbrook Capital through operational and service excellence. Primary accountabilities include:

1. Underwriting applications submitted by key industry partners, including Mortgage Brokers.
2. Determining credit worthiness of applicants based on lending criteria, risk framework, managing exceptions, pricing.
3. Building and retaining a strong relationship with key referral points, including brokers, banking institutions, legal and accounting firms, contractors, and developers.

What you will be responsible for:

1. Evaluation and structure of mortgage applications according to internal lending criteria.
2. Managing portfolio risk by exercising sound credit decisions within authorized criteria and issuing mortgage commitments with appropriate conditions.
3. Following up on outstanding documentation to satisfy commitment and close transactions on a timely basis.
4. Maintaining current knowledge of competitors, industry trends, and other alternative lenders to ensure internal lending criteria remains current.
5. Acting as a general ambassador for the organization and supporting the Business Development Manager by maintaining an up-to-date pipeline.
6. Attending business development activities and trade shows as required.
7. Working closely with the Business Development Manager and Vice President of Member Services at CUA.
8. Adhering to company policies and procedures to ensure compliance and risk controls are in place.
9. Implementing risk mitigation actions or escalating as required.

As the ideal candidate, you will possess a bachelor’s degree with an emphasis on business, with a minimum of three years of relevant underwriting experience in alternative lending, including working directly with a financing organization; or an equivalent combination of training and experience in a previous underwriting role. You will leverage your strong communication and analytical skills to prioritize, multitask, identify opportunities for improvement, and manage time effectively to consistently deliver exceptional and timely customer service. Knowledge of residential mortgage lending is essential, and knowledge of commercial mortgage lending, negotiation, and sales skills would be considered an asset.

Graysbrook Capital is offering a competitive total compensation package, combined with strong training and development, organic growth opportunities, a hybrid/remote work environment, a collaborative team to work with, and a strong client base to support and grow.

This is an excellent opportunity to join a reputable, dynamic, fast-growing, community-oriented firm with a true commitment to service excellence and an established network of over 400 brokers across the Atlantic and Ontario Regions.

Graysbrook Capital and Venor strive to achieve a workplace where opportunities are based on skills and abilities and recognize the value that diversity brings. Applications from all qualified candidates, including those who identify as racially visible, Indigenous, women in underrepresented roles, persons with disabilities, and members of the LGBTQ+ community are encouraged. If you require any accommodation in the application and interview process, please let us know.

Interested candidates are asked to please forward their resumes to James Willies or Bryanna McVicar at James@venor.ca or bmcvicar@venor.ca.