Commercial Lending Specialist
5 days ago
At Disability Solutions, we believe in empowering Canadians to achieve their financial goals through innovative banking solutions. Our commitment to inclusion and diversity drives us to create a workplace where everyone thrives. Join our dynamic team as a Commercial Lending Specialist and contribute to shaping the future of Canadian banking.
Job DescriptionThis role involves working closely with our Commercial Portfolio Management team to manage renewals, assumptions, and annual reviews for commercial mortgage products. You will leverage your expertise in lending guidelines, risk appetite, and procedures to drive business growth and ensure compliance. In this role, you will have the opportunity to work independently, manage competing priorities, and communicate effectively with both internal and external stakeholders.
Responsibilities:- Lending Criteria: Ensure all lending criteria, including maintaining acceptable ROE thresholds, have been satisfied on deals underwritten.
- Risk Assessment: Apply your knowledge of risk appetite and procedures to assess individual transactions and make informed recommendations.
- Communication: Develop and maintain strong relationships with external contacts (partners, brokers, counsel) and internal stakeholders (management, funders, coordinators).
- Special Projects: Participate in special projects as assigned, showcasing your adaptability and ability to excel in a fast-paced environment.
- Underwriting Expertise: Proven proficiency in underwriting commercial mortgages with 3-5 years' experience and/or SFR underwriting experience.
- AML/ATF Regulations: Working knowledge of AML/ATF regulations and corporate/legal documentation for commercial real estate in multiple jurisdictions across Canada.
- Education: Post-secondary education in business or finance preferred.
- Bilingualism: Bilingualism (French/English) is considered an asset.
- Technical Skills: Proficiency in MS Office (Word, Excel) and strong analytical, problem-solving skills.
- Competitive Salary: $85,000 - $115,000 per annum, depending on experience.
- Discretionary Bonus: Eligible for a competitive discretionary bonus based on performance.
- Benefits Package: Comprehensive medical, dental, vision, life, and disability benefits.
- Employee Share Purchase Plan: Opportunity to participate in our Employee Share Purchase Plan.
- Professional Development: Annual professional development allowance and comprehensive Career Development program.
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