Commercial Mortgage Underwriter, Portfolio Manager
1 month ago
Are 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 Underwriter, you will be responsible for underwriting, renewals, assumptions, and ad-hoc requests related to CMHC-insured commercial mortgages. Your expertise will be essential in ensuring compliance with established policies and underwriting standards while finding creative solutions to achieve service goals and annual target volumes.
The core parts of your role include:
- Providing superior customer service to our partners and building strong relationships
- Ensuring that renewals, assumptions, and ad-hoc requests are completed quickly, efficiently, and accurately
- Ensuring that credit risk is within approved guidelines, assessing credit documentation in accordance with established policies and underwriting procedures, and submitting recommendations in compliance with the bank's delegated authority limits
- Managing time effectively to meet prescribed deadlines and prioritizing multiple competing tasks
- Preparing and managing various reports, such as Maturity Reporting, as required for the department or company, which will be relied upon by senior management
To be successful in this role, you should possess the following skills and qualifications:
- Post-secondary education in business or finance
- Bilingualism (French/English) is considered an asset
- Proficient underwriting skills with a minimum 2-4 years' commercial mortgage experience
- Sound technical knowledge of commercial real estate underwriting, financial statement analysis, and factors affecting the commercial mortgage market
- Good working knowledge of MS Office (primarily Word and Excel)
- Effective analytical and problem-solving skills
- Strong organizational and time management skills
- Able to handle multiple competing priorities
- Demonstrated ability to work independently to achieve goals
- Highly developed verbal and written communication skills with the ability to communicate clearly, concisely, and professionally with senior management and partners
We offer a competitive salary range of $80,000 - $110,000 per year, depending on experience, plus a market-leading RRSP match program and discretionary bonus opportunities.
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