Job Type:


Are you a results-driven professional, open to learning or enhancing your skills and looking for a new challenge? Do you want to excel in the mortgage industry and learn from some of the best and most-experienced executives in the lending business? If this is you, we have a great opportunity to join our Underwriting team as we expand our presence in the Canadian mortgage market.


This is an individual contributor role reporting into the Manager, Underwriting and will primarily be responsible for evaluating the credit worthiness and management capabilities of the borrower, the real estate collateral securing the proposed loan, adequacy of the loan structure for transactions and the relationship broker partners.  This role requires knowledge, experience and understanding of both residential and commercial lending, preferably in the alternative lending space.


The successful candidate will thrive in a high-paced environment and will be able to manage multiple priorities and deadlines.  Through the development of strong relationships with our partners, the ideal candidate possesses effective communication skills, has a high level of emotional intelligence and strong interpersonal skills with a proven track record to consistently meet or exceed performance objectives.


What you’ll do

The following job functions are not all-inclusive. The employee will be required to perform other job-related tasks/responsibilities as requested. Job duties may change as required by the needs of the company.


Credit Evaluation:

  • Underwrite and decision files based on sound credit with particular emphasis on adherence to credit policy and requirements, risk culture, financial analysis/modeling, risk evaluation and mitigation and proper loan structuring within delegated authority
  • Conduct in-depth review, analysis and research of balance sheets, income statements, cash statement, text returns and projections to underwrite mortgage files.
  • Interpret and analyze financial information from multiple sources, including reporting services, credit bureaus, credit reports, and other industry data to inform underwriting decisions.
  • Assess the borrower’s ability to generate income sufficient to repay existing and proposed debt
  • Review appraisal, environmental, and other reports to identify risk areas and recommend mitigating solutions and next steps.
  • Prepare narrative analysis of the financial review, demonstrating a thorough understanding of financial condition.
  • Recommend various loan structures (and pricing structures) that balance risks and rewards.
  • Adhere to applicable compliance obligations including Privacy, Anti-Money Laundering/Anti-Terrorist Financing and internal Anti-Fraud Policy requirements.
  • Establish relationships with Sales and other key stakeholders that optimizes business potential with broker channel


Facilitate Diligence and Closing:

  • Act as primary point of contact with borrowers from initial credit application to submission of loan requests to loan closing to ensure a seamless and positive client service experience
  • Oversee coordination of borrower onboarding, loan underwriting and loan funding functions to ensure a streamlined and efficient process
  • Communicate credit committee decisions and loan terms to borrowers
  • Effectively and independently manage a pipeline of loan originations from application to post-close status


Who you are

  • At least 1 year of experience in residential / commercial underwriting, financial analysis or deal structing in financial services
  • Bachelor’s degree in business, finance, or a related field preferred
  • Formal credit or residential/commercial loan training and some previous credit decisioning preferred
  • Knowledge of credit/underwriting of small commercial real estate loans.
  • Working knowledge of bankruptcy, foreclosure and litigation matters is considered an asset
  • Ability to work effectively in a fast-paced environment.
  • High integrity and a high level of respect for confidentiality
  • Strong written and verbal communications skills.
  • Strong analytical and intuitive investigative skills.
  • Ability to manage multiple tasks and prioritize workflows often under tight deadlines
  • Strong independent decision-making capabilities and attention to detail.
  • Skilled in negotiating issues and resolving problems and influencing decisions to meet performance goals
  • Strong skills in Word, Excel and Outlook
  • Ability to establish and maintain working relationships with co-workers, staff and external contacts, and to work effectively in a professional team environment


At Glasslake, we believe our biggest strength lies in our people and we are dedicated and committed to your growth. We offer a competitive benefits package, educational opportunities and a work environment that thrives on fun, inspiring your colleagues and access to executive leadership. If this opportunity sounds like the right fit for you, we invite you to submit your applications.

Glasslake is an equal opportunity employer and only successful candidates will be contacted for an interview.