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Commercial Mortgage Underwriting Internship Opportunity

2 months ago


Toronto, Ontario, Canada Equitable Bank Full time
About Equitable Bank

Equitable Bank is a leading financial institution that is committed to innovation and customer satisfaction. We are a big and growing family that serves over 670,000 people across Canada through our digital platform, EQ Bank, which has been recognized as one of the top banks in Canada on the Forbes World's Best Banks list since 2021.

Job Summary

We are seeking a highly motivated and detail-oriented individual to join our Portfolio team as a Commercial Mortgage Underwriting Intern. The successful candidate will assist with the processing of sub-advances and ad-hoc requests, and will be trained on reviewing Quantity Surveyor reports to complete sub-advance worksheets.

Main Responsibilities
  • Assist with the processing of sub-advances and analyze and underwrite CFG commercial mortgage loans, ensuring compliance with established lending guidelines and procedures.
  • Communicate with external and internal contacts to ensure mortgage loan transactions are processed in a timely and efficient manner.
  • Manage deal flow and meet prescribed deadlines.
  • Assist with various credit-related and administrative duties, such as reporting, pipeline management, and ad-hoc projects.
Requirements
  • Currently enrolled in a University or College program in Finance, Business, Accounting, or Economics.
  • Demonstrated ability using MS Office (Excel, PowerPoint, and Word).
  • Strong organizational skills and ability to work under pressure and adhere to tight deadlines.
  • Strong attention to detail and analytical skills.
  • Excellent oral and written communication skills.
  • Ability to handle multiple competing priorities and work in a fast-paced environment.
How to Apply

Please submit your application through our company website, searching for the Commercial Mortgage Underwriting Intern position. Ensure that your application includes your transcripts, resume, and cover letter in one document.

What We Offer
  • 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, personal days, and moving day.
  • Virtual events to connect with colleagues.
  • Annual professional development allowance and comprehensive Career Development program.
  • A fulfilling opportunity to join a top FinTech and help create a new kind of banking experience.