Underwriter

3 weeks ago


Calgary, Canada Laurentian Bank Full time

Seeing beyond numbersTM
At Laurentian Bank, we believe we can change banking for the better. Founded in Montreal in 1846, Laurentian Bank helps families, businesses and communities thrive. Today, we have over 3,000 employees working together as One Team, to provide a broad range of financial services and advice-based solutions for customers across Canada and the United States. We drive results by placing our customers first, making the better choice, acting courageously, and believing everyone belongs.

This role sits within Laurentian Bank.

Assist the Senior Account Managers (SAM) and the Assistant Vice President (AVP) to develop and maintain a profitable commercial real estate loan portfolio through service to developers, investors, and users of commercial real estate.

Sector: Real Estate #LI-Hybrid
#LI-KAB Responsibilities:
  • Underwrites new loan applications for the AM and SAM. Reviews new loan applications to establish their acceptability as investments for the Bank. Negotiates loan terms and conditions with the client that meets the Bank’s policies and guidelines;
  • Gathers relevant information in preparation for a comprehensive loan submission for presentation and approval:
  • Upon approval of the loan facility by the Bank, prepares a commitment letter for acceptance by the client, ensuring that all funding conditions are met.
  • Authorizes the advance of funds by the loan administrator to ensure conformity with the credit authorization;
  • Reviews loans approaching maturity to evaluate whether or not they continue to represent acceptable investments for the Bank, prepares the renewal application and submits for approval. Negotiates repayment or revised terms and conditions for those loans deemed unacceptable;
  • Prepares reviews of existing loans to ensure the continuing security and profitability of the portfolio and submit for authorization;
  • Inspects the real estate securing the loans, both existing and under construction, to ascertain the quality of the security;
  • Ensures that assigned loan accounts operate as authorized and takes whatever action is necessary to correct delinquencies, or in the case of non-performing loans to assist, when necessary, the Special Loans Team to enforce the security documentation ensuring the repayment of the loan;
  • Deals with client inquiries, changes to loan terms and conditions, and other account management situations that are beyond the authority of operation;
  • Assists with the legal, documentation and prefunding provisions;
  • Reviews cost consultant reports and prepares funding requests;
  • Reviews appraisals and environmental reports to ensure loan complies with all approval conditions;
  • Completes lease review, including rent roll / estoppel.

Qualifications:

  • University degree preferably in Finance, Business Administration, B Commerce in Commercial Real Estate
Experience:
  • Five(5) years experience in a related commercial real estate financing or equivalent with an established financial institution
  • Able to write clear and logical loan submissions;
  • Perform market analysis and other relevant due diligence;
  • Working knowledge of real estate appraisal techniques and financial statement analysis;
  • Experienced in lease review;
  • Working knowledge of loan closing documentation, experience & knowledge of construction loans and draw process are a must
  • Strong communication skills required to follow and negotiate complex transactions;
  • Good interpersonal skills and organizational skills;
  • Working knowledge of Windows based PC word processing and Excel spreadsheet analysis.

Inclusion and Accessibility

At Laurentian Bank, we believe everyone belongs. We are committed to fostering an inclusive work environment that reflects the diversity of our customers and our communities and where everyone feels like they belong and can thrive. To this end, we encourage applications from individuals from equity-deserving groups, including Indigenous persons, racialized and persons with disabilities, marginalized genders and the 2SLGBTQIA+ community.

We strive to offer a flexible and accessible work experience that is inclusive of everyone. If at any time you need an accommodation, please let us know.

PIPEDA

We may collect, use or disclose your personal information for the purpose of establishing an employment relationship with you.

#J-18808-Ljbffr

  • Calgary, Canada CNA Insurance Full time

    You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential. Individual contributor responsible for the overall management, business...


  • Calgary, Canada Definity Full time

    Job ID : 6422 Category : Commercial Insurance Brand : Definity Regular/Temporary : Regular Fulltime/Parttime : Full Time Location : Calgary, Canada **What can you expect in this role?** - Assessing, accepting, and declining moderate to complex new business submissions, within assigned underwriting authority - Re-underwriting and negotiating renewals and...


  • Calgary, Canada First National Full time

    Working together to be our best! We are hiring a Mortgage Underwriter, Residential Underwriting! Reporting to the Manager, Residential Underwriting, the Residential Mortgage Underwriter is responsible for rendering credit decisions on incoming applications within their authorized limits and with adherence to company and insurer policies and...

  • Mortgage Underwriter

    3 weeks ago


    Calgary, Alberta, Canada Knewin Full time

    The Mortgage Underwriter will be responsible for lending activities in BVCU's broker channel in accordance with established guidelines and business objectives. The Mortgage Underwriter will have a keen eye for detail, strong organizational and time management skills, and outstanding communication. MAJ About the company A digital technology and integration...


  • Calgary, AB, Canada DGA Careers Full time

    Senior Personal Lines Underwriter - IW-9124 Senior Personal Lines Underwriter Senior Personal Lines Underwriter  Are you a broker satisfaction guru with a passion for exceptional service? Our client is seeking an energetic and talented individual to join their team as a Personal Lines Underwriter - an Insurance Superstar! As a representative of a...


  • Calgary, Canada Northbridge Financial Corporation Full time

    We’re Northbridge Financial. We’re proud to be 100% Canadian and owned by Fairfax Financial. We serve through our Northbridge Insurance, Federated Insurance, and TruShield Insurance brands. We have a reputation for being one of Canada’s leading commercial property and casualty insurance company. Our employees are dedicated to understanding the needs of...


  • Calgary, Canada First National Financial Full time

    First National is proud to be an equal opportunity employer and is committed to diversity and inclusion regardless of race, color, religion, national origin, age, gender identity, physical or mental disability, sexual orientation or any other category protected by law.First National supports requests for accommodation from applicants with disabilities;...


  • Calgary, Canada First National Financial Full time

    First National is proud to be an equal opportunity employer and is committed to diversity and inclusion regardless of race, color, religion, national origin, age, gender identity, physical or mental disability, sexual orientation or any other category protected by law.First National supports requests for accommodation from applicants with disabilities;...


  • Calgary, Canada First National Financial Full time

    First National is proud to be an equal opportunity employer and is committed to diversity and inclusion regardless of race, color, religion, national origin, age, gender identity, physical or mental disability, sexual orientation or any other category protected by law.First National supports requests for accommodation from applicants with disabilities;...


  • Calgary, Canada First National Financial Full time

    First National is proud to be an equal opportunity employer and is committed to diversity and inclusion regardless of race, color, religion, national origin, age, gender identity, physical or mental disability, sexual orientation or any other category protected by law.First National supports requests for accommodation from applicants with disabilities;...


  • Calgary, AB, Canada First National Financial Full time

    First National is proud to be an equal opportunity employer and is committed to diversity and inclusion regardless of race, color, religion, national origin, age, gender identity, physical or mental disability, sexual orientation or any other category protected by law. First National supports requests for accommodation from applicants with disabilities; We...

  • Underwriter, Surety

    4 days ago


    Calgary, Canada Trisura Guarantee Insurance Company Full time

    At Trisura, we expect more because we believe it can be done better. We are a young, growth oriented team with a commitment to exceptional talent and have been named one of Canada’s Top Small and Medium Employers since 2017. Our growth and our entrepreneurial style, niche market position and development opportunities ensure that our people see the results...

  • Associate Underwriter

    4 weeks ago


    Calgary, Canada CNA Insurance Full time

    You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential. Under broad supervision and technical direction, the Associate...


  • Calgary, Canada Ryan Specialty, LLC Full time

    TRU (Technical Risk Underwriters), a division of Ryan Specialty, is looking for an Underwriting Risk Analyst to join our team. We are a fast-paced, energetic, and rapidly growing organization that offers a great opportunity for someone interested in further developing their career. Ryan Specialty has been named one of America’s Most Loved Workplaces by...


  • Calgary, AB, Canada First National Financial Full time

    First National is proud to be an equal opportunity employer and is committed to diversity and inclusion regardless of race, color, religion, national origin, age, gender identity, physical or mental disability, sexual orientation or any other category protected by law. First National supports requests for accommodation from applicants with disabilities;...


  • Calgary, AB, Canada DGA Careers Full time

    Are you ready to drive change in the world of Specialty Insurance? Our client is a distinguished Managing General Agency in the specialty insurance market and they are seeking a Commercial Auto Underwriter to join their vibrant team in Calgary. Dive deep into the intricacies of Fleet and Garage sectors, evaluating risks and carving out new opportunities. ...

  • Underwriter

    1 week ago


    Calgary, Canada Laurentian Bank Full time

    Seeing beyond numbersTM At Laurentian Bank, we believe we can change banking for the better. Founded in Montreal in 1846, Laurentian Bank helps families, businesses and communities thrive. Today, we have over 3,000 employees working together as One Team, to provide a broad range of financial services and advice-based solutions for customers across Canada...

  • Underwriter

    3 days ago


    Calgary, Canada Banque Laurentienne Full time

    At Laurentian Bank, we believe we can change banking for the better. Founded in Montreal in 1846, Laurentian Bank helps families, businesses and communities thrive. Today, we have over 3,000 employees working together as One Team, to provide a broad range of financial services and advice-based solutions for customers across Canada and the United States. We...

  • Underwriter

    3 days ago


    Calgary, Canada Banque Laurentienne Full time

    At Laurentian Bank, we believe we can change banking for the better. Founded in Montreal in 1846, Laurentian Bank helps families, businesses and communities thrive. Today, we have over 3,000 employees working together as One Team, to provide a broad range of financial services and advice-based solutions for customers across Canada and the United States. We...

  • Underwriter

    3 weeks ago


    Calgary, Canada Laurentian Bank Full time

    Seeing beyond numbersTMAt Laurentian Bank, we believe we can change banking for the better. Founded in Montreal in 1846, Laurentian Bank helps families, businesses and communities thrive. Today, we have over 3,000 employees working together as One Team, to provide a broad range of financial services and advice-based solutions for customers across Canada and...