Wealth One Bank of Canada
Senior Underwriter
Job Description
Full time | Mid-Senior Level | Reports to the Senior Manager, Underwriting
Position Summary
Reporting to the Senior Manager, Underwriting, the Senior Underwriter is responsible to assess and evaluate loan applications and creditworthiness of borrowers to determine the level of risk associated with granting loans.
Key Responsibilities
- Conduct thorough analysis of loan applications, financial statements, credit reports, and other relevant documents to assess borrowers’ creditworthiness.
- Evaluate the risks associated with the loan requests and make informed decisions based on established underwriting guidelines.
- Evaluate financial statements, income documentation, and collateral to determine the level of risk involved in granting loans.
- Analyze credit history, repayment capacity, and industry trends to assess the likelihood of timely loan repayments.
- Ensure compliance with regulatory requirements, inte...