Underwriter, Commercial Real Estate Specialist

4 weeks ago


Old Toronto, Ontario, Canada Vertical Real Estate Services Full time
About the Role

As an Underwriter, Commercial Real Estate, you will play a critical role in growing and managing the portfolio of loans to values-aligned social purpose real estate projects. You will join a small, diverse team of entrepreneurial, purpose-driven individuals, and will contribute and develop your expertise in credit underwriting and portfolio management with a specialized lens on real estate finance.


Key Responsibilities

The Underwriter, Commercial Real Estate will provide expertise to support the growth and administration of VCIB's commercial mortgage business. You will be responsible for supporting the origination team on new transactions, renewals and annual reviews ensuring the adherence of commercial credit policy, standards and guidelines, and while fostering a culture of respect, trust and integrity.


  • Complete underwriting analysis of commercial mortgage transactions for term and construction facilities including detailed analysis of the real estate security, borrower and loan terms to ensure all files meet industry and company regulatory requirements.
  • On each transaction, assess suitability, review risks, complete due diligence requirements on commercial mortgage transactions in accordance with the company's risk appetite.
  • Prepare and issue commitment letters, amendments, renewals and other client-facing documents outlining all conditions that must be met to the company's satisfaction and according to negotiated and approved terms.
  • Maintain consistent, objective and sound risk assessments in a service-oriented environment.
  • Provide guidance and decision-making support to the origination teams to solve problems.
  • Work effectively with colleagues across teams to improve underwriting systems to maximize effectiveness and achieve excellence.
  • Complete loan renewals and annual reviews.

Requirements

To succeed in this role, you will need:


  • A Bachelor's degree and/or Master's degree in business, economics, finance or related field.
  • Minimum of 3 years real estate financing or related experience.
  • Knowledge of the Ontario commercial real estate market, and experience and/or strong interest in advancing social purpose and sustainable real estate.
  • Strong interpersonal and writing skills.
  • Experience in commercial credit underwriting and evidence of strong business and financial analytical skills.
  • Strong English communications skills (oral and written).
  • Business banking experience is an asset.

What We Offer

We offer a competitive salary and benefits package, as well as opportunities for professional growth and development. Our team is committed to creating a welcoming and inclusive workplace, and we are dedicated to advancing racial equity, inclusion and belonging across the organization.


Please note that all shortlisted candidates for this role will be required to complete a background check which includes resume verification, credit check, criminal record check.


Vancity is an inclusive and equitable employer and actively seeks to advance racial equity, inclusion and belonging across the organization. Vancity offers required accommodations in all stages of the recruitment process. If you require an accommodation, please advise us, and we will work with you to meet your needs.


Location

Toronto, ON


Language

English



  • Old Toronto, Ontario, Canada Vertical Real Estate Services Full time

    About the RoleAs an Underwriter, Commercial Real Estate, you will play a critical role in growing and managing the portfolio of loans to values-aligned social purpose real estate projects. You will join a small, diverse team of entrepreneurial, purpose-driven individuals, and will contribute and develop your expertise in credit underwriting and portfolio...


  • Old Toronto, Ontario, Canada Vertical Real Estate Services Full time

    About the RoleAs an Underwriter, Commercial Real Estate, you will play a critical role in growing and managing the portfolio of loans to values-aligned social purpose real estate projects. You will join a small, diverse team of entrepreneurial, purpose-driven individuals, and will contribute and develop your expertise in credit underwriting and portfolio...


  • Old Toronto, Ontario, Canada Vertical Real Estate Services Full time

    About the RoleThe Underwriter, Commercial Real Estate will play a critical role in growing and managing the portfolio of loans to values-aligned social purpose real estate projects. This includes term and construction financing of market rental housing, affordable housing, green buildings, and community spaces.Key ResponsibilitiesComplete underwriting...


  • Old Toronto, Ontario, Canada Vertical Real Estate Services Full time

    About the RoleThe Underwriter, Commercial Real Estate will play a critical role in growing and managing the portfolio of loans to values-aligned social purpose real estate projects. This includes term and construction financing of market rental housing, affordable housing, green buildings, and community spaces.Key ResponsibilitiesComplete underwriting...


  • Toronto, Ontario, Canada Vertical Real Estate Services Full time

    Job OverviewPosition Summary: Become an integral part of Vertical Real Estate Services as an Underwriter specializing in Commercial Real Estate. In this pivotal role, you will oversee a diverse portfolio of loans tailored to socially responsible real estate initiatives, encompassing both term and construction financing. Key Responsibilities: Conduct thorough...


  • Toronto, Ontario, Canada Vertical Real Estate Services Full time

    Job OverviewPosition Summary: Become an integral part of Vertical Real Estate Services as an Underwriter specializing in Commercial Real Estate. In this pivotal role, you will oversee a diverse portfolio of loans tailored to socially responsible real estate initiatives, encompassing both term and construction financing. Key Responsibilities: Conduct thorough...


  • Toronto, Ontario, Canada Crestpoint Real Estate Investments Full time

    Job Title: Intern Analyst, Real EstateCrestpoint Real Estate Investments Ltd. is seeking a highly motivated and detail-oriented Intern Analyst to join our team for a 4-month term. As an Intern Analyst, you will have the opportunity to work closely with our asset management and investment professionals, gaining hands-on experience in all aspects of the asset...


  • Toronto, Ontario, Canada Crestpoint Real Estate Investments Full time

    Job Title: Intern Analyst, Real EstateCrestpoint Real Estate Investments Ltd. is seeking a highly motivated and detail-oriented Intern Analyst to join our team for a 4-month term. As an Intern Analyst, you will have the opportunity to work closely with our asset management and investment professionals, gaining hands-on experience in all aspects of the asset...


  • Toronto, Ontario, Canada Crestpoint Real Estate Investments Full time

    Job Title: Intern Analyst, Real EstateCrestpoint Real Estate Investments Ltd. is seeking a highly motivated and detail-oriented Intern Analyst to join our team for a 4-month term. As an Intern Analyst, you will have the opportunity to work closely with our asset management and investment professionals, gaining hands-on experience in all aspects of the asset...


  • Toronto, Ontario, Canada Crestpoint Real Estate Investments Full time

    Job Title: Intern Analyst, Real EstateCrestpoint Real Estate Investments Ltd. is seeking a highly motivated and detail-oriented Intern Analyst to join our team for a 4-month term. As an Intern Analyst, you will have the opportunity to work closely with our asset management and investment professionals, gaining hands-on experience in all aspects of the asset...


  • Toronto, Ontario, Canada Crestpoint Real Estate Investments Full time

    Position: Intern Analyst, Real EstateLocation: Toronto, OntarioJob Id: 1572# of Openings: 0About the Role:The Crestpoint Real Estate Investments team is seeking a highly motivated and detail-oriented Intern Analyst, Real Estate to join our dynamic team for a 4-month term. As an Intern Analyst, Real Estate, you will have the opportunity to work closely with...


  • Toronto, Ontario, Canada Crestpoint Real Estate Investments Full time

    About the Role:Crestpoint Real Estate Investments Ltd. is seeking a highly motivated and detail-oriented Real Estate Investment Analyst to join their team in Toronto. As a key member of the Investments and Asset Management teams, you will be responsible for providing critical support in various aspects of real estate investment analysis.Key...


  • Toronto, Ontario, Canada Crestpoint Real Estate Investments Full time

    About the Role:Crestpoint Real Estate Investments Ltd. is seeking a highly motivated and detail-oriented Real Estate Investment Analyst to join their team in Toronto. As a key member of the Investments and Asset Management teams, you will be responsible for providing critical support in various aspects of real estate investment analysis.Key...


  • Toronto, Ontario, Canada Royal Bank of Canada Full time

    Job SummaryWe are seeking a highly skilled and experienced professional to join our team as a Director, Real Estate. As a key member of our Commercial Banking group, you will be responsible for leading the development and management of a portfolio of commercial real estate clients, with a primary focus on providing lending solutions for low-rise and...


  • Toronto, Ontario, Canada Royal Bank of Canada Full time

    Job SummaryWe are seeking a highly skilled and experienced professional to join our team as a Director, Real Estate. As a key member of our Commercial Banking group, you will be responsible for leading the development and management of a portfolio of commercial real estate clients, with a primary focus on providing lending solutions for low-rise and...


  • Toronto, Ontario, Canada Crestpoint Real Estate Investments Full time

    About the RoleCrestpoint Real Estate Investments is seeking a highly skilled and experienced Asset Management Specialist to join our team. As a key member of our asset management team, you will be responsible for analyzing and managing a portfolio of real estate assets, with a focus on maximizing returns and minimizing risk.Key ResponsibilitiesAnalyze and...


  • Toronto, Ontario, Canada Crestpoint Real Estate Investments Full time

    About the RoleCrestpoint Real Estate Investments is seeking a highly skilled and experienced Asset Management Specialist to join our team. As a key member of our asset management team, you will be responsible for analyzing and managing a portfolio of real estate assets, with a focus on maximizing returns and minimizing risk.Key ResponsibilitiesAnalyze and...


  • Toronto, Ontario, Canada Lee & Associates Full time

    Job Title: Commercial Real Estate AnalystWe are seeking a highly motivated and detail-oriented Commercial Real Estate Analyst to join our team in Toronto, ON. As a Commercial Real Estate Analyst, you will be responsible for assisting senior-level real estate agents in all aspects of real estate brokerage, including research, data analysis, and client...

  • Real Estate Manager

    4 weeks ago


    Toronto, Ontario, Canada CT Real Estate Full time

    About the RoleWe are seeking a highly skilled Real Estate Manager to join our team at CT Real Estate. As a key member of our organization, you will be responsible for managing the development of retail stores across Central Canada.Key ResponsibilitiesEvaluate and select suitable sites for new retail stores, negotiating real estate transactions to meet...

  • Real Estate Manager

    4 weeks ago


    Toronto, Ontario, Canada CT Real Estate Full time

    About the RoleWe are seeking a highly skilled Real Estate Manager to join our team at CT Real Estate. As a key member of our organization, you will be responsible for managing the development of retail stores across Central Canada.Key ResponsibilitiesEvaluate and select suitable sites for new retail stores, negotiating real estate transactions to meet...