Current jobs related to Bilingual Commercial Underwriting Manager, Business Enterprise Solutions - Toronto, Ontario - EQ Bank | Equitable Bank
-
Toronto, Ontario, Canada EQ Bank Full time $90,000 - $120,000 per yearJoin a Challenger Being a traditional bank just isn't our thing, so we challenge ourselves to get creative in providing innovative banking solutions for Canadians. How do we get there? With a talented team of inquisitive and agile challengers that break through the status quo. So, if you're passionate about redefining the future of banking—while having...
-
Toronto, Ontario, Canada EQ Bank | Equitable Bank Full time $60,000 - $120,000 per yearAs part of a growing and dynamic commercial team, the Commercial Mortgage Underwriter is responsible for underwriting CMHC-insured and conventional commercial mortgages. The Underwriter must adhere to established policies and underwriting standards, meeting compliance and control requirements, while finding creative solutions in a timely manner in order to...
-
Associate Graduate Underwriter
1 week ago
Toronto, Ontario, Canada Allianz Commercial Full time $60,000 - $120,000 per yearWe are looking for an Associate Graduate Underwriter to join our Property Team. This will be a hybrid role based in Toronto, Canada.Your TeamAllianz Commercial (AzC) specializes in corporate property insurance for the most complex and challenging risk exposures in more than 200 countries and territories. With a focus on larger international risk portfolios,...
-
Senior Commercial Mortgage Underwriter, CMHC
1 week ago
Toronto, Ontario, Canada EQ Bank Full time $120,000 - $240,000 per yearThe Work As part of a growing and dynamic commercial team, the Commercial Mortgage Underwriter is responsible for underwriting CMHC-insured and conventional commercial mortgages. The Underwriter must adhere to established policies and underwriting standards, meeting compliance and control requirements, while finding creative solutions in a timely manner in...
-
Commercial Mortgage Underwriter
2 days ago
Toronto, Ontario, Canada EQ Bank Full time $80,000 - $120,000 per yearJoin a Challenger Being a traditional bank just isn't our thing, so we challenge ourselves to get creative in providing innovative banking solutions for Canadians. How do we get there? With a talented team of inquisitive and agile challengers that break through the status quo. So, if you're passionate about redefining the future of banking—while having...
-
Commercial Underwriter
2 weeks ago
Toronto, Ontario, Canada BrokerLink Full time $60,000 - $100,000 per yearBeing a part of BrokerLink, means you live our values: to act with integrity, be respectful of others, have a customer-driven mindset, strive for excellence and always treat others with generosity. These values drive our diversity and inclusion efforts to ensure a respectful and inclusive work environment is present.We want like-minded individuals who want...
-
Commercial Underwriting Manager, Technology
2 days ago
Toronto, Ontario, Canada Chubb Full timeJob DescriptionChubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad...
-
Senior Commercial Underwriting Manager, CFG
7 days ago
Toronto, Ontario, Canada EQ Bank Full time $120,000 - $180,000 per yearJoin a Challenger Being a traditional bank just isn't our thing, so we challenge ourselves to get creative in providing innovative banking solutions for Canadians. How do we get there? With a talented team of inquisitive and agile challengers that break through the status quo. So, if you're passionate about redefining the future of banking—while having...
-
Toronto, Ontario, Canada EQ Bank | Equitable Bank Full time $80,000 - $120,000 per yearJoin a ChallengerBeing a traditional bank just isn't our thing, so we challenge ourselves to get creative in providing innovative banking solutions for Canadians. How do we get there? With a talented team of inquisitive and agile challengers that break through the status quo. So, if you're passionate about redefining the future of banking—while having...
-
Commercial Underwriter
1 day ago
Toronto, Ontario, Canada Arrowhead Programs Full time $65,000 - $95,000 per yearBuilt on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.At Special Risk Insurance Managers (SRIM), we are not just underwriting risk, we are building trust. As a high-performing MGA, we partner with brokers to deliver smart, fast, and reliable solutions in today's dynamic...
Bilingual Commercial Underwriting Manager, Business Enterprise Solutions
2 weeks ago
Join a Challenger
Being a traditional bank just isn't our thing, so we challenge ourselves to get creative in providing innovative banking solutions for Canadians.
How do we get there? With a talented team of inquisitive and agile challengers that break through the status quo. So, if you're passionate about redefining the future of banking—while having fun—this could be your next big opportunity.
Our company continues to grow, and today we serve more than 670,000 people across Canada through Equitable Bank, Canada's Challenger Bank, and have been around for more than 50 years. Equitable Bank's wholly-owned subsidiary, Concentra Bank, supports credit unions across Canada that serve more than six million members. Together we have over $125 billion in combined assets under management and administration, with a clear mandate to drive change in Canadian banking to enrich people's lives. Our customers have named our EQ Bank digital platform ) one of the top banks in Canada on the Forbes World's Best Banks list since 2021.
The Work
As part of a growing, dynamic & solution-focused commercial team, the Commercial Mortgage Underwriter is responsible for underwriting conventional commercial mortgages. The underwriter must adhere to established policies and underwriting standards, meeting compliance and control requirements, while finding creative and service-oriented solutions in a timely manner in order to achieve department goals as well as annual target volumes. Additional credit-related and administrative duties are also required such as reporting and pipeline management. As well, networking with mortgage brokers, partners and other external third parties along with various staff within the Credit & Risk group & other internal departments.
The core parts of your role would be to:
- 50% on a daily basis, the incumbent will analyze and underwrite commercial credit facilities together with additional credit related and administrative duties, for conventional commercial mortgage product types. Attention must be made to ensure that compliance with the company's established lending guidelines and procedures are followed with recommendations submitted for approval to management. The incumbent is responsible to ensure all lending criteria have been satisfied on deals underwritten and outstanding documentation/conditions, if any, are being met in a timely manner
- 30% on a daily basis, the incumbent will communicate with internal contacts (funders, managers, administrators, and commercial sales staff) as well as external contacts (lending partners, mortgage brokers, Clients, solicitors, appraisers and consultants) to ensure transactions are processed in a timely and efficient manner in order to deliver superior customer service and funding deadlines. Site inspections of properties or drive-by inspections may be required, on a deal-to-deal basis
- 15% on a daily basis, the incumbent is responsible for pipeline review and time management of their deal flow in order to meet prescribed deadlines
- 5% on a monthly basis, the incumbent will be responsible for various administration and reporting duties required for the department/Company, which will be relied upon by Senior Management
Let's Talk About You
- Bilingualism is required
- Proficient underwriting skills with a minimum 2 years commercial mortgage experience and/or SFR underwriting experience
- Demonstrated service excellence within their field
- Post-secondary education (diploma/degree) preferred , preferably in business or finance
- Good working knowledge of MS Office (primarily word and excel)
- Effective analytical and problem solving skills
- Strong business sense combined with sound technical knowledge of secured lending and factors affecting the commercial mortgage market
- Excellent organizational and time management skills
- Ability to handle multiple competing priorities while providing optimal customer service
- Excellent communication skills, both oral and written
- Ability and desire to attend broker related events as required (often, after hours)
- Access to a vehicle for site inspections
Job Complexities/Thinking Challenges
- The position requires the incumbent to be a self-starter and make sound underwriting decisions as efficiently as possible. Commercial mortgage applications can be complex in nature, requiring creative and innovative thinking and proactive problem solving. The incumbent is required to follow corporate policies, procedures and regulatory requirements in order to work through files and rationalize the recommendations or decisions made. In some cases, viability is assessed with limited access to information or documentation
What we offer [For full-time permanent roles]
Competitive discretionary bonus
Market leading RRSP match program
Medical, dental, vision, life, and disability benefits
Employee Share Purchase Plan
Maternity/Parental top-up while you care for your little one
Generous vacation policy and personal days
Virtual events to connect with your fellow colleagues
Annual professional development allowance and a comprehensive Career Development program
A fulfilling opportunity to join one of the top FinTechs and help create a new kind of banking experience
Equitable Bank is deeply committed to inclusion. Our organization is stronger and our employees thrive when we honour and celebrate everyone's diverse experiences and perspectives. In tandem with that commitment, we support and encourage our staff to grow not just in their career path, but personally as well.
We commit to providing a barrier-free recruitment process and work environment for all applicants. Please let us know of any accommodations needed so that you can bring your best self to the application process and beyond. All candidates considered for hire must successfully pass a criminal background check and credit check to qualify for hire. While we appreciate your interest in applying, an Equitable recruiter will only contact leading candidates whose skills and qualifications closely match the requirements of the position.
We can't wait to get to know you
