Commercial Mortgage Underwriter

**Company Overview**

**Job Overview**

Commercial Mortgage Underwriter is responsible for administration of the Commercial Loan Portfolio within the framework of the approved credit management policies, to ensure the loan assets represent an acceptable risk and financial return.

**What You’ll Be Doing**

Working closely with the rest of your team, your responsibilities will include:

- Exercise sound and consistent underwriting practices.
- Escalate more complex issues on unresolved matters to Management.
- Complete final review and write up of files according to Audit & Regulatory requirements.
- Maintain ongoing weekly reporting and annual account reviews, as required.
- Assist Management with overall management and control of delinquency.
- Liaise and interact with internal and external stakeholders to ensure consistent, timely and proper workflow and funding procedures.
- Promote IC Savings’ full range of lending solutions with focus on commercial mortgages.
- Meet assigned targets.
- Keep up with the latest industry knowledge, competition and market trends.

**What We’re Looking For**
- At minimum 2-3 years of commercial credit underwriting and risk management experience in financial services industry, combined with relevant post-secondary education with an emphasis on Business or Finance; completion of relevant commercial credit education/courses preferred.
- Sound knowledge and understanding of business financial statements, business case and cash flow analysis, and accounting principles.
- Thorough knowledge of commercial account operating procedures and banking services.
- Sound understanding of commercial lending security documentation, including collection techniques and remedies.
- Strong understanding of commercial business structures.
- Familiarity with acceptable financing options and techniques.
- Strong analytical and negotiation skills.
- Self-motivated, creative with solid interpersonal skills and ability to work within a team environment.
- Strong English written and oral communication skills; excellent phone etiquette.
- Strong focus on customer service excellence, organization, attention to detail and sense of urgency; ability to prioritize and meet deadlines.
- Proficient in MS Office Suite (Word, Excel, Power Point, Outlook).

**Working Conditions/Physical Effort**
- Professional, team-oriented, office environment.
- Standard corporate business hours based on 37.5-hour work week: Monday to Wednesday from 9:00 am - 5:00 pm and Thursday to Friday from 9:00 am - 6:00 pm; with flexibility to work overtime, if needed.
- The physical demands are representative of those that must be met by being able to successfully perform the essential functions of the job; these include, but are not limited to: sitting, considerable use of computer and phone, seldom moving of items of up to 25 pounds in weight.

**How to Apply**

Qualified applicants are asked to forward their resumé.

We are committed to accommodating people with disabilities as part of our hiring process. If you have special requirements, please advise Human Resources during the recruitment process.
- We thank all applicants for their interest; however, only those selected for an interview will be contacted._

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

**Benefits**:

- Company events
- Dental care
- Disability insurance
- Employee assistance program
- Extended health care
- Life insurance
- On-site gym
- Paid time off
- RRSP match
- Store discount
- Vision care

Flexible language requirement:

- French not required

Schedule:

- 8 hour shift
- Day shift
- Monday to Friday
- Overtime

Ability to commute/relocate:

- Etobicoke, ON: reliably commute or plan to relocate before starting work (required)

**Experience**:

- commercial credit underwriting and risk management: 2 years (required)