High-Level Commercial Mortgage Risk Analyst

1 week ago


Old Toronto, Canada Equitable Group Full time
About Equitable Bank

Equitable Bank is a leading financial institution that challenges traditional banking practices to provide innovative solutions for Canadians. With over 50 years of experience, we serve more than 370,000 customers across Canada through our subsidiary, Concentra Bank, and have combined assets under management and administration worth over $100 billion.

We were named the top Schedule I Bank in Canada on the Forbes World's Best Banks list in 2021, 2022, and 2023. Our commitment to inclusion and diversity drives us to create a workplace where everyone feels valued and empowered.

The Role

The Senior Commercial Mortgage Analyst will be part of our CMHC Portfolio Management team, reporting to the Manager, CMHC Annual Review. As a key member, you will be responsible for underwriting complex annual reviews, training team members, and finding creative solutions to achieve targets. Your duties will include assessing credit risk thoroughly, adhering to established policies, and meeting compliance requirements.

  • You will communicate daily with external contacts (servicing partners) and internal contacts (managers, administrators, and commercial mortgage staff) to ensure timely processing of annual reviews.
  • You are responsible for managing your deal flow and SharePoint Pipeline Report to meet deadlines.
  • You will prepare reports on assigned categories for senior management on a weekly, monthly, or quarterly basis.
Key Responsibilities

Your primary responsibilities will be:

  • To analyze and assess complex annual reviews, ensuring accurate and thorough credit risk assessment.
  • To train and guide team members in underwriting and credit analysis.
  • To develop and implement effective solutions to achieve annual review targets.
Requirements

To succeed in this role, you will need:

  • A minimum of 3 years of commercial mortgage experience.
  • Post-secondary education (diploma/degree) in business or finance preferred.
  • Solid technical knowledge of commercial real estate underwriting, financial statement analysis, and factors affecting the commercial mortgage market.
  • Proficiency in MS Office (primarily Word and Excel).
Benefits

We offer a competitive discretionary bonus, market-leading RRSP match program, medical, dental, vision, life, and disability benefits, Employee Share Purchase Plan, maternity/parental top-up, generous vacation policy, personal days, moving day, virtual events, annual professional development allowance, and a comprehensive Career Development program.

This is an excellent opportunity to join one of Canada's top FinTechs and contribute to creating a new kind of banking experience. You will work in a hybrid environment with regular in-office time at our Toronto office. To qualify for hire, you must successfully pass a criminal background check and credit check.



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