Underwriter, Commercial Lending

7 days ago

North York, Canada Hana Bank Canada Full time

**About us**

Hana Bank Canada is a federally regulated Schedule II bank and the Canadian subsidiary of Hana Financial Group, a leading global financial institution headquartered in Korea. With seven branches across the country and a strong global network in 24 countries, we provide trusted, personalized financial services tailored to the diverse needs of our local communities. As part of a dynamic and growing international banking group, we are committed to innovation, integrity, and customer-focused excellence.

**Overview**

**Responsibilities and Duties**

**[Credit Assessment]**
- Conduct detailed financial evaluations of applicants by analyzing documents such as rent rolls, financial statements, and tax returns
- Assess loan security by reviewing third-party reports, including property appraisals, environmental assessments (Phase 1 & 2), and building condition reports
- Prepare comprehensive credit reports, including financial and collateral assessments, to support loan approval decisions
- Participate in internal credit review meetings, assisting in the determination of appropriate loan terms, conditions, and covenants
- Communicate approved loan conditions to internal stakeholders and issue formal commitments outlining terms and requirements
- Coordinate with relevant internal departments to ensure timely completion of all pre-funding steps
- Track and follow up on post-funding conditions to ensure compliance within specified timelines

**[Portfolio Management]**
- Conduct annual reviews of assigned loan accounts within set timeframes
- Ensure timely collection of required documentation such as financial statements, rent rolls, property tax records, and insurance certificates
- Monitor ongoing adherence to loan terms and covenants, providing regular status updates to internal committees
- Update credit risk ratings based on current financial performance and documentation
- Contribute to internal loan review processes and collaborate with stakeholders to establish action plans for underperforming or delinquent accounts

**[Other]**
- Research and analyze market data and trends relevant to the industry (e.g., vacancy rates, capitalization rates, asset values)
- Perform on-site inspection at the credit committee’s direction
- Support departmental functions through administrative and reporting tasks as needed

**Requirements**:

- Bachelor's degree in Finance, Accounting, Economics, or a related field
- 2 to 5 years of experience in commercial credit or lending
- Experience with syndicated and corporate loans is an asset
- Strong credit analysis skills, including the ability to interpret third-party assessments
- Familiarity with credit structuring, financial analysis, and underwriting processes
- Excellent analytical thinking and problem-solving skills
- Effective verbal and written communication abilities
- Detail-oriented with the ability to manage deadlines efficiently

Why Join Us?
- Exposure to Canadian syndicated loan market practices
- Supportive, team-oriented environment
- Competitive compensation and benefits package
- Career growth in corporate banking and credit structuring within a stable, reputable institution

Hana Bank Canada is an equal opportunity employer.

**Job Types**: Full-time, Permanent

**Benefits**:

- Dental care
- Extended health care
- Paid time off

**Language**:

- Korean (preferred)

Work Location: In person

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