NICOLAS CORRERA
Varennes
Summary
Senior-level credit risk professional with extensive experience in credit underwriting, credit quality testing, and internal control assessment within large Canadian financial institutions. Proven ability to independently review credit decisions, assess compliance with credit policies, challenge risk ratings, and communicate audit findings to senior stakeholders. Brings strong foundational knowledge of credit risk fundamentals with demonstrated adaptability to new products and portfolios, including commercial and corporate lending environments.
Overview
10
10
years of professional experience
Work History
Mortgage Underwriter
First National LP
Montreal
01.2026 - Current
- Reviewed and approved mortgage applications to uphold regulatory standards and maintain operational integrity.
- Reviewed and interpreted credit reports, income statements, and asset documentation to identify and quantify potential risk factors.
- Engaged with mortgage brokers to establish trust and loyalty towards the
company. - Engaged with external partners, such as mortgage insurers, appraisers, title insurance companies, and solicitors, to ensure seamless communication and support.
- Collaborated with mortgage insurers to streamline the credit lending decision-making process.
- Verified completion of due diligence processes for mortgage conditions and documents, ensuring accuracy and adherence to regulations before approval.
- Prepared and issued mortgage commitments to support timely processing within defined service level agreements.
- Facilitated effective prioritization of applications and workflow to deliver sound risk assessments amidst high volume demands.
- Evaluated and synthesized current industry knowledge, competitive insights, and market trends to support informed business strategies.
- Reviewed and enforced policies and procedures to guarantee fulfillment of AML requirements.
Underwriter III – Real-Estate Secured Lending
TD Canada Trust
07.2022 - 01.2026
- Independently assessed borrower repayment capacity, risk drivers, and collateral strength for a broad range of secured credit products, within delegated discretionary lending limits.
- Applied structured credit judgment to approve or decline credit exposures in accordance with bank policy, risk appetite, and regulatory expectations.
- Reviewed and documented policy exceptions, including risk mitigants, escalation rationale, and approval appropriateness.
- Demonstrated expert knowledge of end-to-end credit adjudication processes, controls, and systems within a high-volume, risk-controlled environment.
- Regularly supported quality assurance and second-line review functions by responding to audit and compliance inquiries.
Business Control Analyst – RESL Credit Quality Testing
TD Canada Trust
02.2025 - 10.2025
- Performed end-to-end independent audits of real-estate secured lending credit files, assessing compliance with internal credit policies, risk frameworks, and governance standards.
- Evaluated underwriting quality, borrower risk analysis, collateral adequacy, risk ratings, and exception handling to identify control gaps and weaknesses in credit decisioning.
- Acted as a key audit contact for business and risk partners, communicating findings to senior management and providing clear remediation guidance.
- Contributed to enhancements of credit testing methodology, improving consistency, documentation quality, and audit defensibility.
Personal Banking Associate
TD Canada Trust
05.2021 - 07.2022
- Reviewed and processed personal loan and credit applications, ensuring adherence to credit policy, regulatory requirements, and internal controls.
- Evaluated client financial positions, debt capacity, and risk indicators to determine appropriate credit solutions.
- Built strong working relationships with internal partners and escalated complex cases as required.
Financial Advisor
Scotiabank
08.2019 - 05.2021
- Analyzed client financial situations, cash flow, and credit needs while ensuring compliance with regulatory and professional standards.
- Advised clients on lending and investment solutions, strengthening ability to communicate complex financial and risk concepts clearly.
- Supported mortgage lending activities by reviewing loan documentation and assisting home buyers through the credit process.
Fraud Analyst / Fraud Agent
Royal Bank of Canada
10.2017 - 07.2019
- Analyzed suspicious financial transactions and assessed fraud risk using investigative and analytical techniques.
- Applied sound judgment to determine appropriate escalation and resolution, contributing to strong risk mitigation outcomes.
- Developed strong attention to detail, documentation discipline, and decision defensibility – foundational skills for audit environments.
Customer Service Representative
Royal Bank of Canada
08.2016 - 10.2017
- Delivered consistent, compliant client service while adhering to bank policies and transaction controls.
- Developed foundational knowledge of banking operations and internal procedures.
Education
DES -
Rosemère High School
Post-secondary studies - Social Science, Sports Marketing & Management, Business
Skills
- Credit Risk Assessment & Governance
- Internal Audit & Credit Quality Testing
- Commercial & Real-Estate Secured Lending Fundamentals
- Credit Policy & Exception Management
- Risk Rating & Portfolio Quality Review
- Regulatory & Internal Compliance (OSFI-aligned)
- Stakeholder Communication & Audit Reporting
- Analytical Review of Financial Information
ADDITIONAL INFORMATION
- Strong written and verbal communication skills
- Proven ability to ramp up quickly in new credit and risk environments
- Eligible to work in Canada
- References available upon request
Languages
English
Native or Bilingual
French
Native or Bilingual
Timeline
Mortgage Underwriter
First National LP
01.2026 - Current
Business Control Analyst – RESL Credit Quality Testing
TD Canada Trust
02.2025 - 10.2025
Underwriter III – Real-Estate Secured Lending
TD Canada Trust
07.2022 - 01.2026
Personal Banking Associate
TD Canada Trust
05.2021 - 07.2022
Financial Advisor
Scotiabank
08.2019 - 05.2021
Fraud Analyst / Fraud Agent
Royal Bank of Canada
10.2017 - 07.2019
Customer Service Representative
Royal Bank of Canada
08.2016 - 10.2017
Post-secondary studies - Social Science, Sports Marketing & Management, Business
DES -
Rosemère High School