Asset Quality Analyst /Mortgage Underwriter – FILLED

Our client, a well-established Lending company, is booming and is always looking to add talented people.  Taylor Brownlee Personnel Ltd. is currently searching for an Asset Quality Analysts for their downtown Edmonton office.  This is a permanent, full-time positions. The Asset Quality Analyst will report directly to the Manager, Asset Quality.  To be successful for this position, you must have work experience in mortgages, lending and financing.  Must also have strong project management skills, problem solving ability, excellent communication skills and be highly motivated. You must be a team player and also be able to work independently.  Strong time management and organizational skills are very important as this position requires the ability to multi-task and prioritize while maintaining duties with integrity and professionalism. 

Company offers a competitive salary plus bonus with full benefit package.

Please note, a mandatory Background and Credit Check is required for this position and some skill testing through Taylor Brownlee Personnel.

Role Summary:

This position is responsible for high quality performance of all functions with the SF Credit Policy Asset Quality Coaching Program, assist with various quantitative analysis projects in support of SF Credit Policy initiatives and provide support to cross functional business units as required.

Key Responsibilities:

Asset Quality Coaching Program

  • Contribute to the success of the company’s Asset Quality through detailed file reviews and decision on the quality results consistent with the requirements of the SF Credit Policy Asset Quality Program
  • Continuously monitor and provide consistent individual training to underwriting staff on policy adherence, file solutions, fraud prevention, market risks and decision-making activity on a pre-funding basis.
  • Support and analyze results on a monthly basis to identify training opportunities, trends and risks within assigned Coaching team.
  • Report on results and recommend appropriate solutions to mitigate potential risk/opportunities based on analysis to Credit Policy AQ team Management
  • Assist in the development and delivery of training and support to correct any Asset Quality weaknesses for assigned underwriting team through semi-annual Credit Day Presentations
  • Support and conduct Early Term Delinquency/Large Loss/Contentious loan file reviews
  • Support underwriting with regional market risks and updated trends.
  • Assist in the development and delivery of training and support to correct any Asset Quality weaknesses through semi-annual Credit Day Presentations working in collaboration with the Credit Policy Risk Portfolio Managers
  •  Analysis and reporting of Contentious loan trends  

 

All Other Responsibilities:

  •   Support the development of credit policies and procedures to support new and existing products & identify where company policies/procedures may not be in line with investor/insurer criteria
  •   Assist in the development of requirements for future releases of AQ Program and Underwriting systems to support Asset Quality
  •   Assist with insurer/investor relationship management –policy change monitoring, third party contract vetting to company policies, system updates compatibility to investor/insurer requirements
  •   Manage the Credit Email database in support of requests from Origination for exception loans, orphan loans, approval authority delegations etc.
  •   Act as a reference person on company’s credit policies and procedures within the Single Family line of business and provide support to collaborating business units
  •   Assist in the development and testing of requirements for all underwriting systems.
  •   Maintain company’s Approved Appraiser list and requests
  •   Focus on breaking silo’s and building effective cross functional business relationships..
  •   Support various SF Credit Policy initiatives as identified
  •   Assist in the preparation of external audits
  •   Assist with all Originated and subservicing mortgage default insurer arrears reporting and underwriting default claim inquiries.
  •   Recommend refinements from established team processes/procedures leading the culture of continuous improvement
  •   Develop, maintain & continuously improve a team process manual for all standard tasks ensuring business continuity compliance

Qualifications Required: 

Education:

  •  Related University Degree or College Diploma 

Certifications/Designations Required:

  • Accredited Mortgage Profession (AMP) would be an asset 

Experience:

  • Minimum 2 years Residential Mortgage Underwriting Experience

Skills/Knowledge: 

  • Strong attention to detail
  • Sound knowledge of technical and professional discipline, business objectives, policy drivers and the ability to apply practical solutions based on this
  • Strong project management
  • Strong business report writing skills
  • Proficient with MS Word, MS Excel, Access Database, MS PowerPoint, MARS, Mercury, Atlas, Nova and CMHC and GE Web Applications
  • Excellent oral and written communication skills
  • Strong organizational and time-management skills
  • Ability to multi-task in a fast paced environment
  • Strong analytical and problem solving skills
  • Proven ability to foster relationships
  • Strong customer service skills.
  • Self-driven, motivated with the ability to work independently and in a team environment
  • Carries out duties with integrity and takes responsibility for actions
  • Bilingual French is an asset

To apply for this position, please send your resume with cover letter in Microsoft Word format only, to Analyn Brownlee at edmonton@taylorbrownlee.com.  We thank all applicants in advance for their interest and wish you all the best in your career search.

 PLEASE NOTE THAT THIS POSITION WILL REMAIN OPEN UNTIL A SUITABLE CANDIDATE IS FOUND.  THANK YOU!