Existing Vacancy

Underwriter II

A little about us…canadian

Progressa Financial is a Canadian lender specializing in non-prime and near-prime consumers. We offer loans that directly pay off collection agencies, enabling clients to rebuild their credit and begin working towards a brighter financial future. Our seamless online platform and data-driven underwriting allow us to efficiently handle complex financial situations with ease. We are a diverse team committed to improving our clients' financial well-being.

Why join the Progressa Team?

Progressa is dedicated to fostering an inclusive, empowered, and vibrant workplace where employees and clients feel valued and supported. Your story and goals matter to us. We champion teamwork, camaraderie, and enthusiasm, while prioritizing a healthy work environment. Below is a brief list of some of the benefits of joining our team:

• Health & Dental Benefits Program
• Employee & Family Assistance Program
• RRSP Match
• Paid day off on your Birthday
• Remote Work

Position Summary

Reporting to the Manager, Underwriting, the Underwriter II will work in a fast-paced contact centre environment providing excellent customer service while assessing loan applications and making recommendations for responsible lending decisions for both new and existing customers.

Responsibilities

• Obtain required information from customers and create the loan application
• Pre-Assess loan application, verifying all information, in an effort to determine eligibility based on internal guidelines
• Analyze credit files (Transunion and Equifax), review bank transactions and enter specified data into system based on internal guidelines to aid scorecard creation
• Maintain assigned queues to ensure the scorecards are processed in a timely manner
• Conduct loan interviews, assess the applicant’s eligibility for loan protection insurance (as defined by insurer), and approve or recommend an approval up to the maximum authority limit.
• Determine and assign appropriate interest rates to each loan application and handle all files within assigned portfolio
• Communicate and notify financial decision to loan applicants and third-party referrals
• Monitor team queues to ensure all files are processed within the teams Service Level Agreement
• Advise customers of the risks, consequences, and benefits of alternative lending solutions
• Underwrite refinancing opportunities for existing customers based on internal guidelines
• Other related duties as required or assigned

Required experience, knowledge, and skills:

• 1+ years experience in banking/finance environment
• 2 years in Underwriting (non-prime experience preferred)
• Intermediate Google Suite skills
• High attention to detail
• Strong communication skills, both verbal and written
• Ability to interpret, adapt and apply guidelines and procedures
• College diploma or post secondary education required
• Open availability to work varying shifts between 8am to 9pm Monday to Friday, and 9am to 1pm on Saturdays (rotational)

Artificial intelligence (AI) tools may be used during the initial screening stage of the recruitment process to assess applications. All final hiring decisions are made by human decision-makers.

Job Types: Full-time, Permanent

Pay: $22.00 per hour

Benefits

• Casual dress
• Employee assistance program
• Paid time off
• RRSP match
• Tuition reimbursement
• Work from home

Work Location: Remote