Construction Loan Underwriter
2 weeks ago
Our client is a leading residential real estate developer based in Markham, Ontario. They specialize in offering high-quality low and mid-rise residential products to clients across the GTA, Southwestern Ontario, and Western Canada.
The company prides itself on providing exceptional lifestyle solutions, offering competitive compensation packages, and fostering a strong company culture that encourages career growth.
In light of their current growth and upcoming real estate development project phases, they are seeking an experienced Construction Loan Underwriter to join their head office team.
Job DescriptionThe successful candidate will be responsible for:
- Working closely with the President and CEO to prepare loan documentation packages for submission to third-party lending institutions for project financing approval
- Providing expert advice to internal leadership on the best course of action to maximize the potential for desired loans and project financing awards
- Liaising with third-party lenders and underwriters to ensure smooth loan application submissions and approvals
- Collaborating with the finance, accounting, real estate development, and construction teams to ensure accurate and timely collection and provision of required information and materials to third-party lenders
This role requires a strong leader who can work well in a fast-paced environment, multitasking effectively while maintaining attention to detail and exceptional problem-solving skills.
RequirementsThe ideal candidate will possess:
- 5-10 years of experience working in commercial brokerage or lending institutions in a dedicated loan underwriting position, with direct experience underwriting construction loans for residential building developers
- Direct experience in residential construction underwriting and draw financing
- Strong leadership skills and initiative
- Ability to work independently to prioritize conflicting deadlines
- High-level proficiency in Microsoft Office Suite products, such as Word, Excel, and Outlook
- Exceptional verbal and written business communication skills
A competitive compensation package including:
- Health and dental benefits
- Competitive vacation allotment
- Career progression and excellent company culture
Salary: $80,000 - $120,000 per annum (commensurate with experience)
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