Highly Experienced Commercial Mortgage Portfolio Manager
2 months ago
We are seeking an accomplished Commercial Mortgage Portfolio Manager to join our Disability Solutions team in Toronto, Ontario. As a key member of our Commercial Credit department, you will be responsible for leading a team of credit professionals in the management of commercial mortgage portfolios.
Responsibilities
- Provide day-to-day leadership, mentoring, and guidance to team members while ensuring efficient operations.
- Evaluate and oversee procedures for assessing CMHC portfolio management, including renewals, assumptions, and ad-hoc requests within risk appetite and policy frameworks.
- Review and approve submissions from commercial mortgage underwriters, adjudicating risk ratings and making sound credit decisions.
- Collaborate with external partners to develop processes and gather required documents and information.
- Foster productive working relationships through prompt, professional communication.
- Deliver exceptional customer service by effectively managing commitments to various partners, senior management, and internal departments.
- Maintain strategies to address problem loans, minimizing risk of loss for the Bank.
- Proactively manage upcoming maturities, ensuring timely completion of reporting and regulatory requirements.
- Contribute to staff recruitment, training, and development, promoting growth and motivating the team.
Requirements
- Minimum 7 years of experience in underwriting commercial real estate transactions, including CMHC-insured multi-unit mortgages.
- Post-secondary education (diploma/degree) in business or finance, preferably.
- Bilingualism is an asset.
- Strong leadership and coaching skills, with ability to set examples for colleagues.
- Working knowledge of AML/ATF regulations and corporate/legal documentation for commercial real estate transactions.
- Sound technical knowledge of commercial lending, financial statement analysis, and factors affecting Canadian commercial lending environment.
- Detail-oriented individual with high integrity and demonstrated service excellence.
- Ability to thrive in changing environments and handle multiple priorities.
- Proficient in MS Office.
What We Offer
- A competitive salary range of $120,000 - $180,000 per annum, based on experience.
- Market-leading RRSP match program.
- Comprehensive benefits package, including medical, dental, vision, life, and disability coverage.
- Employee Share Purchase Plan.
- Generous vacation policy and personal days.
- Virtual events and opportunities for professional development.
- A fulfilling opportunity to join a top FinTech and contribute to creating a new banking experience.
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Toronto, Ontario, Canada EQ Bank | Equitable Bank Full timeAre you a skilled underwriter looking for a new challenge? We are seeking an experienced Commercial Mortgage Underwriter to join our dynamic CMHC Portfolio Management team at EQ Bank | Equitable Bank.About the RoleWe are looking for a talented individual who can provide exceptional customer service and support our partners. As a Commercial Mortgage...
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