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Senior Commercial Mortgage Underwriter, Portfolio Risk Manager

2 months ago


Toronto, Ontario, Canada Equitable Bank Full time

We are seeking a highly skilled Senior Commercial Mortgage Underwriter, to join our team at Equitable Bank.

About the Role

This is a full-time permanent position, with a competitive salary of $85,000 - $110,000 per year, based on experience and qualifications. The successful candidate will be responsible for managing a high volume of commercial mortgage applications, ensuring timely and accurate processing, and maintaining strong relationships with clients and stakeholders.

Key Responsibilities
  • To provide superior customer service and build strong relationships with partners and clients;
  • To manage deal flow efficiently, meeting prescribed deadlines and ensuring compliance with established policies and procedures;
  • To assess credit risk and make recommendations in accordance with delegated authority limits;
  • To prepare and manage various reports, such as Maturity Reporting, for Senior Management;
  • To contribute to special projects as assigned from time to time.
Requirements
  • A post-secondary education in business or finance;
  • Bilingualism (French/English) is considered an asset;
  • A minimum of 2-4 years' experience in commercial mortgage underwriting;
  • Sound technical knowledge of commercial real estate underwriting, financial statement analysis, and factors affecting the commercial mortgage market;
  • Good working knowledge of MS Office (primarily Word and Excel);
  • Effective analytical and problem-solving skills;
  • Strong organizational and time management skills;
  • Ability to handle multiple competing priorities;
  • Demonstrated ability to work independently to achieve goals;
  • Highly developed verbal and written communication skills.
What We Offer
  • Competitive discretionary bonus;
  • Market leading RRSP match program;
  • Medical, dental, vision, life, and disability benefits;
  • Employee Share Purchase Plan;
  • Maternity/Parental top-up while you care for your little one;
  • Generous vacation policy, personal days, and moving day;
  • Virtual events to connect with your fellow colleagues;
  • Annual professional development allowance and comprehensive Career Development program;
  • Fulfilling opportunity to join one of the top FinTechs and help create a new kind of banking experience.