Commercial Mortgage Underwriting Expert

1 month ago


Toronto, Ontario, Canada EQ Bank | Equitable Bank Full time

**Job Overview**

We are seeking a skilled Commercial Mortgage Underwriter to join our dynamic team at EQ Bank | Equitable Bank. As a key member of our commercial lending group, you will be responsible for underwriting CMHC-insured and conventional commercial mortgages.

**About the Role**

The successful candidate will have a minimum 4 years' experience in commercial mortgage underwriting, with a strong understanding of secured lending and the factors affecting the commercial mortgage market. They will also possess excellent analytical and problem-solving skills, with the ability to think creatively and make sound recommendations.

**Key Responsibilities**

The Commercial Mortgage Underwriter will be responsible for analyzing and underwriting CMHC-insured commercial credit facilities ranging in size from $30MM-$150MM. They will also communicate effectively with external contacts, including origination partners, and internal contacts, such as funders, managers, administrators, and commercial mortgage sales staff.

**Requirements**

To succeed in this role, you will need:

  • A minimum of 4 years' experience in commercial mortgage underwriting
  • Strong knowledge of secured lending and the factors affecting the commercial mortgage market
  • Excellent analytical and problem-solving skills
  • Ability to work independently and as part of a team

**What We Offer**

We offer a competitive salary range of $80,000 - $120,000 per year, depending on experience, plus additional benefits and incentives. Bilingualism is an asset, and post-secondary education in business or finance is preferred.

**Why Join Us?**

At EQ Bank | Equitable Bank, we value our employees and strive to create a positive and supportive work environment. We offer opportunities for professional growth and development, and a comprehensive benefits package that includes health and dental insurance, retirement savings, and more.



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