Senior Mortgage Underwriter

We are looking for interesting, independent thinkers and doers who can help shape the culture of a forward-looking company that's proud of its legacy.

The Senior Mortgage Underwriter works in a team-based environment focusing on delivering high quality loan underwriting and financial reporting. This is an excellent opportunity for those looking to develop their leadership and strong analytical skills within the real estate finance industry.

This position is full-time in person in our Calgary, AB office.

This Position Offers

• Competitive annual salary plus bonus;
• Comprehensive benefits package, which includes extended health care (with paramedical coverage), dental, health spending account, Employee & Family Assistance Program as well as life & disability insurance;
• Growth opportunities within Canada ICI;
• Mentorship from some of the strongest Analysts and Originators within the commercial real estate industry.
• Matching RRSP Program.

Responsibilities

• Assist Mortgage Origination team in structuring mortgage opportunities based on the investment criteria of over 100 sources of mortgage capital available to Canada ICI.
• Finalize and perfect information in location specific mortgage investment brochures.
• Review commitment letters relative to executed Term Sheets/LOIs for the Mortgage Origination team, Lender and the Lender's solicitor.
• Work with the Mortgage Origination team to manage and coordinate the funding process including but not limited to; reviewing the fully executed commitment letter, preparation of the funding checklist, ongoing communication with the Borrower and any third parties required as well as proactively addressing potential issues in underwriting and conditions precedents.
• Engages critical thought to ensure proactive thinking to successfully fund the deal.
• Have a strong understanding of lending criteria for each lender and be able to suggest appropriate lenders when needed.
• Liaise between Borrowers and Lenders to process the closing of the deal.
• Establish relationships with third party report providers (appraisers, engineers, cost consultants).
• Assist in training and mentoring Analysts on the fundamentals of underwriting and funding.
• Acts with a sense of urgency in advancing the deals.
• Establish and reinforce underwriting standards and procedures.
• Provide underwriting on complex, non-typical files.

Qualifications

• Bachelor of Commerce Degree, B.Com; Major in Finance, is required.
• Minimum 3 years of direct Commercial Real Estate experience is required.
• Applicable provincial mortgage license is considered an asset, or you must be willing to obtain it within your first 12-months of employment.
• Excellent financial analysis research and underwriting skills.
• High attention to detail
• Clear understanding of cash flow statements, preparation and analysis.
• Sales focused individual with excellent interpersonal and communication skills.
• Knowledge of Real Estate or Finance Industry is required.
• Expert level of knowledge in excel required to include formulas, pivot tables etc.
• Past teamwork, and team player focus and experience required.
• Adobe InDesign software experience valuable.
• Experience with CMHC's MLI products

About Canada ICI

Canada ICI is the country's leading commercial real estate finance firm, annually arranging financing in excess of $9 Billion through its offices in Toronto, Vancouver, Victoria, Montreal, Calgary, Edmonton, St. Albert, Ottawa, Halifax, and Winnipeg. Our proven track record, extensive market knowledge, and ability to creatively bring quality deals together have made us a trusted advisor for some of Canada's most active real estate owners.

Want to Learn More?

Not ready to apply? We invite you to explore what it's like working with Canada ICI. Learn more about our culture, our values, and how we can help you build your career in commercial real estate. Visit

Canada ICI is committed to achieving a diverse and inclusive workforce and strongly encourages applications from diverse candidates.

While we thank all applicants for their interest, only those individuals selected for an interview will be contacted.