Senior Commercial Mortgage Underwriter, CMHC

4 weeks ago


Toronto, Ontario, Canada Equitable Bank Full time

Job Summary

The Senior Commercial Mortgage Underwriter, CMHC will be responsible for analyzing and underwriting CMHC-insured commercial credit facilities. This role requires strong underwriting skills, attention to detail, and excellent communication skills.

Key Responsibilities

  • Analyze and underwrite CMHC-insured commercial credit facilities ranging in size from $30MM-$150MM.
  • Communicate with external contacts and internal contacts to ensure transactions are processed in a timely and efficient manner.
  • Manage time effectively to meet prescribed deadlines.
  • Perform various administrative and reporting duties required for the department/Company.

Requirements

  • Proficient underwriting skills with a minimum 4 years' commercial mortgage experience underwriting experience.
  • Demonstrated service excellence within their field.
  • Post-secondary education (diploma/degree) preferred, preferably 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.

Job Complexities / Thinking Challenges

The position requires the incumbent to be a self-starter and make sound underwriting decisions as efficiently as possible. Commercial mortgage applications can be complex in nature, requiring creative and innovative thinking and proactive problem-solving.



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