Credit Underwriting Specialist

BMO U.S.

. Analyze new customer credit applications .

Posted 10/15/2026full-timeRemote • CanadaMid-LevelSenior💰 CA$45,000 - CA$100,000 per yearWebsite

Core Competencies

Role fit

Core Competencies

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Demonstrates expertise in credit analysis, underwriting, and risk management while effectively collaborating with stakeholders to deliver strategic business solutions. Proficient in developing tailored communications and reports to support decision-making and change management initiatives.

Highest-signal resume keywords

First Mortgage UnderwritingPipeline ManagementWeb Based Approval Systems (DU/LP)Credit Financial AnalysisFluent in French and English

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills

Credit AnalysisRisk ManagementRegulatory ComplianceFinancial Statements AnalysisLending Products KnowledgeCredit ScoringPortfolio ManagementCash Flow EvaluationAdjudication of Credit ApplicationsHUD Handbook 4155.1 and 4155.2

Soft Skills

Analytical SkillsProblem SolvingCollaborationCommunicationInfluence Skills

Industry Keywords

Affordable Lending ProgramsReal Estate Lending ProductsSecondary Market GuidelinesCredit Policies and ProceduresOperational Processes

About the role

Key responsibilities & impact

Analyze new customer credit applications
Make credit decisions and recommendations in accordance with credit-granting principles
Develop solutions and recommendations based on business strategy and stakeholder needs
Advise assigned business/group on solution implementation
Support strategic initiatives with internal and external stakeholders
Determine business priorities and execution sequencing
Conduct independent analysis and assessment to resolve strategic issues
Collaborate with stakeholders to deliver business objectives
Build effective internal and external stakeholder relationships
Analyze data and information to provide insights and recommendations
Design and produce regular and ad-hoc reports and dashboards
Support change management execution and sustainment activities
Develop tailored messaging, including writing, editing, and distributing communications
Execute timely, accurate, and efficient service
Adjudicate credit applications within defined limits or recommend credit products
Complete credit analyses to adjudicate applications
Respond to inquiries and escalate issues as needed
Assist customers and conduct credit and related transactions
Maintain current knowledge of processes, policies, regulations, products, credit policies, services, and legal, regulatory, and technology requirements
Contact customers to obtain, clarify, or confirm information
Apply and document sound credit-granting applications and lending decisions
Follow security and safeguarding procedures to reduce credit/lending risks
Think creatively and propose new solutions
Identify, diagnose, and solve problems within given rules
Work mostly independently
Apply BMO’s Risk Management Framework, Risk Culture, and approved Risk Appetite to make sound, risk-informed decisions and protect assets

Requirements

What you’ll need

Typically 5–7 years of relevant experience and a post-secondary degree in Business or a related field, or an equivalent combination of education and experience
5–7 years of experience with first mortgage underwriting and related transactions — required
In-depth pipeline management experience — required
Experience with web based approval systems (DU/LP) — required
Knowledge of affordable lending programs — preferred
Expert knowledge of real estate lending products, regulatory compliance and secondary market guidelines
Working knowledge of competitive marketplace and product offering trends
Strong comprehension of HUD Handbook 4155.1 and 4155.2
Working knowledge of credit policies and procedures
Working knowledge of credit scoring, portfolio management, and risk management concepts
Working knowledge of cash flow, credit, and evaluating collateral
Strong experience in credit financial analysis
Working knowledge of financial statements analysis and review of tax returns
Working knowledge of lending products and processes
In-depth knowledge of operational processes and supporting applications and policies
Specialized knowledge from education and/or business experience
In-depth verbal and written communication skills
In-depth collaboration and team skills
In-depth analytical and problem solving skills
In-depth influence skills
Fluent in French and English to support business operations outside the province of Quebec

Benefits

Comp & perks

Health insurance
Tuition reimbursement
Accident and life insurance
Retirement savings plans
Performance-based incentives
Discretionary bonuses
Other perks and rewards
In-depth training and coaching
Manager support
Network-building opportunities
Tools and resources to reach new milestones
Accommodations available on request for candidates taking part in all aspects of the selection process