Analyst, Underwriting

Get AI-powered advice on this job and more exclusive features. We’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s right for our clients. To learn more about CIBC, please visit CIBC.com. What You’ll Be Doing As a member of CIBC’s team, the Analyst, Underwriting is responsible for supporting the review and approval of residential mortgage and real estate applications in a timely and effective manner. The role follows detailed instructions and documented procedures to negotiate, approve, recommend, or decline residential secured and unsecured mortgages and real estate applications within established guidelines and authorized lending limits. The Analyst, Underwriting uses judgement regarding priorities and approaches to review credit information by gathering and critically assessing property‑specific third‑party due diligence reports and negotiating terms for marginal applications. The role provides specialized advice and guidance on company policy, procedures, and security value estimates, resolving basic problems within the scope of their job. How You’ll Succeed Decision‑maker: Negotiate, approve, decline and recommend applications, within established CIBC processes, guidelines and authorized lending limit of up to $1,500,000, including residential mortgage, real estate secured and unsecured applications. Analytical: Gather, review and assess information and documentation to support each credit application within CIBC risk parameters and insurers guidelines, if applicable. Relationship building: Handle, as required, correspondence and telephone inquiries from internal business partners and external business partners such as insurers, appraisers and solicitors. Risk assessment: Review, prepare and make considered recommendations to Manager or senior underwriter where residential mortgage application is above authority limit. Agile: Manage high work volumes to meet short time lines with a high level of quality and due diligence. You will also be expected to review a variety of lending products on a day to day basis. Who You Are Demonstrated experience in dealing with mortgages, real estate secured and unsecured applications. Excellent proficiency with computer software such as Microsoft Word, Excel, PowerPoint and SharePoint. You put our clients first, engage with purpose to find the right solutions, and go the extra mile because it’s the right thing to do. You understand that success is in the details, notice things that others don’t, and use critical thinking skills to inform your decision making. You give meaning to data, enjoy investigating complex problems, and communicate detailed information with impact. You’re digitally savvy, seek out innovative solutions and embrace evolving technologies. Values matter to you; you bring your real self to work and live our values – trust, teamwork and accountability. What CIBC Offers Competitive salary, incentive pay, banking benefits, a benefits program*, a defined benefit pension plan*, an employee share purchase plan, a vacation offering, wellbeing support, and MomentMakers, our social, points‑based recognition program. State‑of‑the‑art spaces and technological toolkit that make it simple to bring together great minds to create innovative solutions. A culture that encourages ambition through initiatives like Purpose Day – a paid day off dedicated for you to invest in your growth and development. Subject to plan and program terms and conditions. What You Need To Know CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and provide an accessible candidate experience. If you need accommodation, please contact Mailbox.careers-carrieres@cibc.com. You must be legally eligible to work at the specified location(s) and, where applicable, have a valid work or study permit. We may ask you to complete attribute‑based assessments and other skills tests (such as simulation, coding, French proficiency, MS Office). Our goal for the application process is to learn more about you and give you the opportunity to learn more about us. Job Location Toronto – 81 Bay, 28th Floor Employment Type Regular, Full‑time Weekly Hours 37.5 Skills Analytical Thinking, Credit Negotiations, Decision Making, Ensure Compliance, Real Estate Lending, Relationship Building, Residential Mortgages, Risk Assessments, Risk Management and Mitigation, Underwriting Seniority Level Entry level Job Function Finance and Sales; Banking #J-18808-Ljbffr