Posted 23 days ago
Senior Underwriter, Residential Mortgages (Alternative Lending)
@ Vault Credit Corporation
Toronto, Ontario
Overview
Vault Credit Corporation is hiring a senior underwriter for residential mortgages in its alternative lending business. The role adjudicates complex files within an authority limit, contributes to underwriting guidelines and pricing, and works with brokers and the fulfillment team to close deals. The posting states a full-time role with a flexible, growth-focused team.
Responsibilities:
- Adjudicate complex alternative residential mortgage files within authority limit
- Contribute to underwriting guidelines, exception criteria and pricing
- Structure solutions with brokers and issue commitments with conditions
- Review appraisals and income documents, apply KYC/AML and flag fraud risk
- Manage pipeline with the Mortgage Fulfillment team
Requirements summary:
- 5+ years residential mortgage underwriting experience
- 3+ years in alternative or non-prime lending
- Working knowledge of the Canadian mortgage market
- Proven judgment on complex and self-employed files
- Strong written and verbal communication
Tools & skills
Source and dates
Employer career site / ATS feed · bamboohr
- Employer posting date
- 2026-10-14
- First seen by our source
- 2026-10-15
- Source record updated
- 2026-10-15
These dates describe the source record, not a live verification that the employer is still hiring. Check the original posting.
Job details
| Seniority | Senior |
| Department | Finance & accounting |
| Experience | 5+ years |
| Hours per week | 40 (estimated) |
| Travel | air: none · ground: none |
| Work setting | Office |
| Position | Mostly sitting |
| Physical demands | physical low · computer high |
| Languages | English |
Summary and details written by AI from the posting; the employer’s posting is the authority.
Vault Credit Corporation
Saved company profile
Historical company information from a saved The Jobs API profile (LinkedIn/Crunchbase fields). It is not live-verified; figures may have changed. Missing values remain unknown.
Financing Simplified
Full company description
Vault makes financing simpler than ever. We serve small to medium businesses all across Canada and cater to a wide spectrum of credit tiers. Our lending is designed for almost any equipment and industry. Flexible pricing and tailored options allow you to build a deal that works for your customer. Vault has industry-leading service levels with experienced underwriters and account administrators, We can adjudicate and fund a new application in hours.
- LinkedIn followers
- 4,165
- People associated on LinkedIn
- 136
- Reported office locations
- 41 Scarsdale Road, Suite 5, Toronto, ON M3B 2R2, CA
- Business categories
- Business Information Systems
- Leasing
- Financial Services
- Other recorded names
- Vault Credit Corporation
- Specialties
- Lease
- Leasing
- Financing
- Loans
- Lending
- and Lender
- Profile identifies a recruitment agency
- No
- Reported total investment
- 0
Currency and observation date were not supplied; this is not a current valuation or a funding round.
Vault makes financing simpler than ever. We serve small to medium businesses all across Canada and cater to a wide spectrum of credit tiers. Our lending is designed for almost any equipment and industry. Flexible pricing and tailored options allow you to build a deal that works for your customer. Vault has industry-leading service levels with experienced underwriters and account administrators, We can adjudicate…
| Field | Value |
|---|---|
| Industry | Financial Services |
| Company size | 51-200 employees |
| Headquarters | Toronto, ON |
| Organization type | Privately Held |
| Specialties | LeaseLeasingFinancingLoansLendingand Lender |
| Open jobs on Jobsy | 19 |
| View page |
Senior Underwriter, Residential Mortgages (Alternative Lending)
Bring your alternative lending expertise to Vault
Vault is a non-bank mortgage lender with decades of combined experience in financial services and real estate. We lend where the big institutions say no. We are looking for a senior underwriter who has done this work before and wants a hand in shaping how we assess and approve complex files.
You will be one of the senior voices on our Underwriting Team: deciding the tough files, helping set how they are assessed, and helping brokers get to a "yes" within sound credit policy.
What you will do
- Adjudicate alternative residential files within your authority limit, looking past the score to the full story of the borrower, income and property, and escalate with a clear rationale when needed.
- Contribute to underwriting guidelines, exception criteria and pricing recommendations as our business evolves.
- Structure solutions with brokers on complex files (self-employed, non-traditional income, credit challenges, new-to-Canada, equity take-out) and issue commitments with appropriate conditions.
- Review appraisals and income/employment documents for accuracy and legitimacy; apply KYC/AML requirements and flag fraud or compliance risk.
- Work with the Mortgage Fulfillment team to manage the pipeline and close deals on time.
- Share feedback and experience with colleagues to improve process and turnaround.
- Track the market, competitor offerings and trends, and recommend adjustments.
What you bring
- 5+ years of residential mortgage underwriting experience, including 3+ years in alternative or non-prime lending, and working knowledge of the Canadian mortgage market.
- Proven judgment on complex files: income analysis for self-employed and non-traditional borrowers, credit repair profiles, and collateral risk.
- Comfort making decisions with limited direction, and the credibility to explain them to brokers, colleagues and senior leadership.
- Strong written and verbal communication; precise documentation habits.
- Ability to work in a changing environment as our business grows and evolves.
- Nice to have: system testing knowledge, private lending experience, mortgage agent licensing, experience writing policy or training others.
Why Vault
- A senior role with real influence on credit decisions, policy and results.
- Fast, accountable decisioning and direct access to leadership; a small, friendly, flexible, growth-focused team.
Vault is committed to creating a diverse environment and is proud to be an equal opportunity employer. Upon request, Vault will provide reasonable accommodation during the recruitment and selection process. Should you require accommodation, please advise.
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