Reverse Mortgage Specialist (Underwriting and Fulfillment)
Core
Assess new reverse mortgage applications, verify documentation, issue commitments, and manage deal flow to fund transactions efficiently while ensuring compliance with lending policies and AML/ATF requirements.
Role type
Underwriting and fulfillment specialist for reverse mortgages
Builds
Reverse mortgage funding for Canadian homeowners
Domain
Canadian banking / Mortgage lending
Required skills
Mortgage underwriting, AML/ATF compliance, credit assessment, property appraisal review, title search, regulatory adherence, deal flow management, broker relationship management
Preferred skills
Reverse mortgage experience, multi-province mortgage knowledge, QA processes
Technologies
MS Office (Word, Excel)
Responsibilities
Review and verify mortgage applications for accuracy and legitimacy; Approve, decline, or refer applications based on established guidelines; Follow up on outstanding conditions to ensure timely closing; Monitor issued commitments to maximize funding volumes; Perform title searches and property maintenance affordability calculations; Act as primary point of contact for mortgage brokers and internal stakeholders; Manage deal flow to meet deadlines and SLAs; Maintain up-to-date knowledge of policies and products.
Seniority
Mid-level, hands-on IC