Senior Mortgage Underwriting Director
2 days ago
As a Senior Commercial Mortgage Underwriter at EQ Bank | Equitable Bank, you will be responsible for the underwriting of construction and conventional commercial loans.
Key Responsibilities- Underwrite commercial credit facilities and perform additional credit-related and administrative duties for mortgage product types, including construction and conventional loans ranging from $2.5 million to $50 million.
- Ensure compliance with established lending guidelines and procedures, making recommendations for approval to management.
- Communicate with external contacts (origination partners) and internal contacts (funders, managers, administrators, and commercial mortgage sales staff) to process transactions efficiently and deliver superior customer service.
- Manage deal flow effectively to meet prescribed deadlines.
- Proficient underwriting skills with a minimum 5 years of commercial mortgage experience.
- Demonstrated service excellence within their field.
- Post-secondary education (diploma/degree) preferred in business or finance.
- Good working knowledge of MS Office (primarily Word and Excel).
- Effective analytical and problem-solving skills.
- Strong business sense combined with sound technical knowledge of secured lending and factors affecting the commercial mortgage market.
- Established organizational skills.
- Ability to handle multiple competing priorities.
- Good time management skills.
- Excellent communication skills, both oral and written.
- Competitive discretionary bonus.
- Market-leading RRSP match program.
- Medical, dental, vision, life, and disability benefits.
- Employee Share Purchase Plan.
- Maternity/Parental top-up while caring for your little one.
- Generous vacation policy and personal days.
- Virtual events to connect with fellow colleagues.
- Annual professional development allowance and comprehensive Career Development program.
The position will be located in Toronto, and you will work hybrid with in-office time spent at EQ Bank's office space at 351 King Street East, Toronto, ON.
SalaryEstimated salary range: $120,000 - $180,000 per year, depending on experience.
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