Current jobs related to CMHC Commercial Underwriter - Calgary Alberta DJ, CA - Servus Credit Union


  • Greater Calgary Metropolitan Area, CA CMB Insurance Brokers Full time

    GENERAL DESCRIPTIONUnder the direction of the Branch President, the Senior Producer’s primary responsibility will be to build a book of business from leads generated by the BDR team and yourself. In this role, you will work directly with your assigned Producer, BDR, and service team, as a mentor and coach. You will convert leads into customers by...


  • Calgary, Alberta, Canada Peoples Trust Full time

    About Peoples TrustPeoples Trust is a boutique financial institution with a strong presence in the Canadian marketplace. With over 35 years of experience, we have established a reputation for delivering exceptional customer service and providing innovative financial solutions.About the RoleWe are seeking a highly skilled Commercial Mortgage Underwriter to...


  • Calgary, Alberta, Canada Peoples Trust Full time

    About Peoples TrustPeoples Trust is a boutique financial institution with a strong presence in the Canadian marketplace. With over 35 years of experience, we have established a reputation for delivering exceptional customer service and providing innovative financial solutions.About the RoleWe are seeking a highly skilled Commercial Mortgage Underwriter to...


  • Calgary, Alberta, Canada Peoples Trust Full time

    About Peoples TrustPeoples Trust is a leading financial institution with a strong presence in the Canadian market. Our mission is to deliver exceptional customer service and provide innovative financial solutions to our clients.About the RoleWe are seeking a highly skilled Commercial Mortgage Underwriter to join our team. As a key member of our commercial...


  • Calgary, Alberta, Canada Peoples Trust Full time

    About Peoples TrustPeoples Trust is a leading financial institution with a strong presence in the Canadian market. Our mission is to deliver exceptional customer service and provide innovative financial solutions to our clients.About the RoleWe are seeking a highly skilled Commercial Mortgage Underwriter to join our team. As a key member of our commercial...


  • Calgary, Alberta, Canada Peoples Trust Full time

    About Peoples TrustPeoples Trust is a leading financial institution with a strong presence in the Canadian market. Our mission is to deliver exceptional customer service and provide innovative financial solutions to our clients.About the RoleWe are seeking a highly skilled Commercial Mortgage Underwriter to join our team. As a key member of our commercial...


  • Calgary, Alberta, Canada Peoples Trust Full time

    About Peoples TrustPeoples Trust is a leading financial institution with a strong presence in the Canadian market. Our mission is to deliver exceptional customer service and provide innovative financial solutions to our clients.About the RoleWe are seeking a highly skilled Commercial Mortgage Underwriter to join our team. As a key member of our commercial...


  • Calgary, Alberta, Canada Peoples Trust Full time

    About Peoples TrustPeoples Trust is a leading financial institution with a strong presence in the Canadian market. Our mission is to deliver exceptional customer service and provide innovative financial solutions to our clients.About the RoleWe are seeking a highly skilled Commercial Mortgage Underwriter to join our team. As a key member of our commercial...


  • Calgary, Alberta, Canada Peoples Trust Full time

    About Peoples TrustPeoples Trust is a leading financial institution with a strong presence in the Canadian market. Our mission is to deliver exceptional customer service and provide innovative financial solutions to our clients.About the RoleWe are seeking a highly skilled Commercial Mortgage Underwriter to join our team. As a key member of our commercial...


  • Calgary, Alberta, Canada Peoples Trust Full time

    About Peoples TrustPeoples Trust is a boutique financial institution with a strong presence in the Canadian marketplace. With over 35 years of experience, we have established a reputation for providing exceptional customer service and expertise in commercial mortgage financing.About the RoleWe are seeking a highly skilled Commercial Account Manager to join...


  • Calgary, Alberta, Canada Peoples Trust Full time

    About Peoples TrustPeoples Trust is a leading financial institution with a strong presence in the Canadian market. Our mission is to deliver exceptional customer service and provide innovative financial solutions to our clients.About the RoleWe are seeking a highly skilled Commercial Account Manager to join our team. As a Commercial Account Manager, you will...


  • Calgary, Alberta, Canada Peoples Trust Full time

    About Peoples TrustPeoples Trust is a leading financial institution with a strong presence in Western Canada. Our mission is to deliver exceptional customer service and provide innovative financial solutions to our clients.About the RoleWe are seeking a highly skilled Commercial Account Manager to join our team. As a Commercial Account Manager, you will be...


  • Calgary, Alberta, Canada Peoples Trust Full time

    About Peoples TrustPeoples Trust is a boutique financial institution with a strong presence in the Canadian marketplace. Our mission is to deliver exceptional customer service and provide innovative financial solutions to our clients.About the RoleWe are seeking a highly skilled Commercial Mortgage Underwriter to join our team in Calgary. As a key member of...


  • Calgary, Alberta, Canada Peoples Trust Full time

    About Peoples TrustPeoples Trust is a boutique financial institution with a strong presence in the Canadian marketplace. With over 35 years of experience, we have established a reputation for providing exceptional customer service and expertise in commercial mortgage financing.About the RoleWe are seeking a highly skilled Commercial Account Manager to join...


  • Calgary, Alberta, Canada Peoples Trust Full time

    About Peoples TrustPeoples Trust is a boutique financial institution with a strong presence in the Canadian marketplace. With over 35 years of experience, we have established a reputation for providing exceptional customer service and expertise in commercial mortgage financing.About the RoleWe are seeking a highly skilled Commercial Account Manager to join...


  • Calgary, Alberta, Canada Peoples Trust Full time

    About Peoples TrustPeoples Trust is a leading financial institution with a strong presence in the Canadian market. Our mission is to deliver exceptional customer service and provide innovative financial solutions to our clients.About the RoleWe are seeking a highly skilled Commercial Account Manager to join our team. As a Commercial Account Manager, you will...


  • Calgary, Alberta, Canada Peoples Trust Full time

    About Peoples TrustPeoples Trust is a boutique financial institution with a strong presence in the Canadian marketplace. With over 35 years of experience, we have established a reputation for providing exceptional customer service and expertise in commercial mortgage financing.About the RoleWe are seeking a highly skilled Commercial Account Manager to join...


  • Calgary, Alberta, Canada Peoples Trust Full time

    About Peoples TrustPeoples Trust is a boutique financial institution with a strong presence in the Canadian marketplace. With over 35 years of experience, we have established a reputation for providing exceptional customer service and expertise in commercial mortgage financing.About the RoleWe are seeking a highly skilled Commercial Account Manager to join...


  • Calgary, Alberta, Canada Peoples Trust Full time

    About the Role:We are seeking a highly skilled Commercial Mortgage Underwriter to join our team at Peoples Trust. As a Commercial Mortgage Underwriter, you will be responsible for managing the origination and underwriting of CMHC insured financing proposals for both construction and term mortgages.About the Team:You will work closely with our commercial...


  • Calgary, Alberta, Canada CMHC Full time

    About the RoleWe are seeking a Senior Analyst, Financial Solutions to join our Housing Program Team. As a key member of our team, you will be responsible for reviewing, underwriting, and recommending approval of applications for financing under the National Housing Strategy (NHS) and existing CMHC programs.Key ResponsibilitiesReview, underwrite and recommend...


  • Calgary, Alberta, Canada CMHC Full time

    About the RoleAs a key member of the Client Operations Team at CMHC, you will play a crucial role in making housing affordability solutions easy for our clients. In this position, you will review and analyze recommendations from lenders concerning various situations occurring throughout the lifecycle of the loan, including replacement of covenants, changes...

CMHC Commercial Underwriter

2 months ago


Calgary Alberta DJ, CA Servus Credit Union Full time
Posting Closes: September 6, 2024 @ 4:00 pm (MST)

Employment Status: Full-time

Compensation: Commensurate with a Relationship Manager or Senior Relationship Manager, depending on qualifications

Servus is growing We are currently looking for a CMHC Commercial Underwriter in each of Calgary and Edmonton's Business Banking Centers.

Servus Credit Union is Alberta's largest member-owned credit union, known for building strong, resilient communities by helping our members feel good about their money. One of Canada's Best Managed Companies for 20 consecutive years and ranked as one of the top banks in Canada on Forbes World's Best Banks list for two years in a row, we are a team of smart, gutsy and driven individuals.

Reporting to the Market Director- Business Banking, your primary responsibility as a commercial financing CMHC subject matter expert is to:

  • fully complete and submit CMHC applications in compliance with required terms and procedures to obtain the Certificate of Insurance (COI)
  • underwrite (internal) credit applications in adherence with Servus' policies and procedures
  • ensure documentation and follow-up procedures are in compliance with CMHC at and after funding
  • Time permitting, provide underwriter support on conventional (non-CMHC insured financings)

As an Underwriter, you will ensure applications meet acceptable risk tolerances in accordance with prudent lending practices and corporate lending policies, as well as regulatory and legislative requirements.

More specifically, the scope of your responsibilities will include, but is not limited to, the following:

  • As a CMHC subject matter expert in all aspects of the multi-unit residential properties (both construction and long term take-out financing) you need to be informed and current on all CMHC policies and requirements
  • Since you will be completing both CMHC's COI applications and Servus' credit applications, you will need to ensure that all requirements (in particular collection of all reports and supporting documentation) by both CMHC and Servus are fulfilled and maintained
  • Completing quantitative and qualitative analysis of applicable loan documents for new financing requests and reviews of existing relationships
  • Applying prudent risk management practices and adhering to policies and procedure established by the operations and credit team
  • Understand, analyze, and interpret standard business lending reports, including but not limited to: balance sheet, income statement, statement of cash flows, tax returns, personal financial statements, business plans, projections, rent rolls, appraisals, environmental, and building condition reports
  • Research, review, and analyze industry data, market studies, competitive information, management's ability, member's industry, member's competition, and regional impacts for this member
  • Meeting the service level agreements for volumes, accuracy, and timeliness
  • Maintain up to date knowledge of Commercial Lending products, services, policies, procedures and documentation.
  • Act as a resource for internal members and commercial banking team; provide advice and resources regarding economic influences, industry trends, and the analysis, structure and negotiation of commercial credit applications and related documentation
  • Make recommendations regarding credit decisions, risk ratings, loan pricings and credit structure to management in line with Servus Credit Union's policies and regulations

Requirements

  • 5+ years' experience as a commercial lender or underwriter; full knowledge of complex commercial and business loan underwriting, documentation preparation, funding, and applicable laws and regulations
  • 5+ years' experience in analysis and underwriting
  • 5-7+ years' experience in reviewing and understanding business and personal financial information and tax returns
  • University degree in a business discipline or sufficient experience in lieu of education
  • Experience working with CMHC multi-unit financings, ideally completing CMHC COI applications, is considered a strong asset

Benefits

Working for Servus has outstanding benefits. In addition to standard benefits like health and wellness, vacation and retirement savings programs, we also provide other important benefits such as:

  • Training & Development Opportunities
  • Career Advancement Potential
  • Flexible work options
  • Competitive Compensation including performance-based incentive pay
  • Meaningful work towards individual and corporate goals
  • Opportunities to get involved and give back through an employee volunteer program

For Information About These Benefits And More, Click Here.

At Servus, our employees are also members. This means you'll have all the benefits of being a member of the credit union including profit sharing, voting for the board of directors, and all of the services we provide with a few additional perks

What happens next?

Only those applicants selected for an interview will be contacted. Should you require any accommodations during the hiring process, please advise us at that time.

Discover a sense of belonging amongst a team of unique, authentic individuals working together to reimagine financial fitness. We value and celebrate the richness that diverse backgrounds and experiences bring to our community. Your skills, passion, and curiosity may find a sense of belonging at Servus.

#indh #J-18808-Ljbffr