Commercial Mortgage Expert

4 days ago


Toronto, Ontario, Canada EQ Bank | Equitable Bank Full time

Company Overview

At EQ Bank | Equitable Bank, we are redefining the banking experience for Canadians. We believe in innovation and challenging traditional ways of doing things. Our team is made up of agile minds that find smarter ways to deliver exceptional service.

We serve over 670,000 people across Canada through our bank and subsidiaries. Our combined assets under management and administration exceed $125 billion. We have been around for over 50 years and have a clear mandate to drive change in Canadian banking.

The Work

The Commercial Mortgage Analyst will be part of a dynamic Commercial team, assisting with the management and oversight of the Commercial Finance Group (CFG) portfolio. This role will involve working closely with Senior/Account Managers to manage commercial mortgage portfolios, comprised of conventional and construction mortgages.

The incumbent will be responsible for successfully managing the construction sub-advance pipeline while meeting compliance and control requirements. Additional duties include assisting with annual reviews, extension memorandums, ad hoc requests, reporting, and pipeline management.

Responsibilities

  • Review and analyze construction sub-advance requests (60%)
  • Support Account Managers/Senior Account Managers with annual reviews, extension memorandums, and ad hoc requests (30%)
  • Maintain currency of renewal/annual review/sub-advance pipeline reports (10%)

About You

  • Post-secondary education in business or finance
  • 3+ years' experience in financial services, preferably commercial banking or commercial mortgage lending
  • Demonstrated service excellence
  • Strong working knowledge of MS Office (Word, Excel)
  • Effective analytical and problem-solving skills
  • Strong business sense and 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

  • This role requires the ability to work independently with minimal supervision. Commercial mortgage applications can be complex, requiring creative thinking and proactive problem-solving. The incumbent must balance client needs with corporate policies, procedures, and regulatory requirements.

What We Offer

  • Competitive discretionary bonus
  • Market leading RRSP match program


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