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Senior Commercial Underwriting Manager, CFG

2 months ago


Toronto, Ontario, Canada Equitable Bank Full time
About the Role

The Senior Commercial Underwriting Manager will play a critical role in analyzing and underwriting commercial credit facilities, ensuring compliance with established lending guidelines and procedures. This position requires a self-starter with sound underwriting skills and the ability to make efficient decisions in complex situations.

Key Responsibilities
  • 60% of the time, the incumbent will analyze and underwrite commercial credit facilities, including construction and conventional loans, ensuring compliance with company policies and procedures.
  • 20% of the time, the incumbent will communicate with external and internal contacts to ensure timely and efficient transaction processing, delivering superior customer service and meeting funding deadlines.
  • 10% of the time, the incumbent will manage their deal flow to meet prescribed deadlines.
  • 10% of the time, the incumbent will perform administrative and reporting duties, providing valuable insights to Senior Management.
Requirements
  • Proficient underwriting skills with a minimum 5 years of commercial mortgage experience.
  • Demonstrated service excellence within the field.
  • Post-secondary education (diploma/degree) preferred, preferably in business or finance.
  • Good working knowledge of MS Office (primarily Word and Excel).
  • Effective analytical and problem-solving skills.
  • Strong business sense combined with sound technical knowledge of secured lending and factors affecting the commercial mortgage market.
  • Established organizational skills.
  • Ability to handle multiple competing priorities.
  • Good time management skills.
  • Excellent communication skills, both oral and written.
  • Ability and desire to attend industry-related events as required.
Job Complexities/Thinking Challenges
  • The position requires the incumbent to be a self-starter, making sound underwriting decisions efficiently. Commercial mortgage applications can be complex, requiring creative and innovative thinking and proactive problem-solving.
About Equitable Bank

Equitable Bank is a leading FinTech and one of the top banks in Canada. We offer a fulfilling opportunity to join our team and contribute to creating a new kind of banking experience. As a hybrid employee, you will work from our office space located at 351 King Street East, Toronto, ON.