First Nations, Métis, Inuit Candidates- Senior Analyst, Underwriting

1 month ago


Vancouver, Canada CIBC Full time

At CIBC, we are in business to help our clients, employees and shareholders achieve what is important to them. Our ability to create value for all CIBC stakeholders is driven by a business culture based on common values: Trust, Teamwork and Accountability. Working with CIBC makes you a part of a work environment committed to our clients, employees and communities - a place where you can excel.


The following job posting and assessment questions were crafted by Kiinago Biinoogi Muskiiki (‘Our Children’s Medicine’ in English) in consultation with Indigenous Elders, Knowledge Keepers and other members of the community. Applications housed on this platform provide a unique opportunity for First Nations, Métis and Inuit job seekers to have the option of sharing their whole selves with potential employers, including their lived experience and transferable skills. For more information, visit ourchildrensmedicine.ca



What you'll be doing


The Senior Analyst, Underwriting is responsible for reviewing, processing, and negotiating the approval of residential mortgages, supporting higher approval inquiries from intermediate underwriters, manager requests, and escalation rotation. The role applies comprehensive knowledge and skills in residential mortgage underwriting to act as a consultant for branches, mortgage advisors, and brokers seeking to appeal credit decisions, negotiating satisfactory resolution to applications within CIBC’s business and credit risk objectives. The Senior Analyst, Underwriting exercises independent judgement within defined procedures, providing specialized advice and guidance on company policy, procedures, and security value estimates.


The role works with limited direction, providing direction to junior underwriters and acting in a leadership capacity to assist in coaching, training, and quality assurance. In addition, the role prepares and makes recommendations to the manager where residential mortgage applications are above the authorized limit.

 

At CIBC, we enable the work environment most optimal for you to thrive in your role. You can effectively perform all work activities remotely, and will only be required to be on-site on an occasional basis.

 

How you'll succeed


  • Make effective decisions – Negotiate, approve/ decline and make recommendations for applications within established CIBC processes, guidelines within an authorized lending limit of up to $3,000,000, including residential mortgage, real estate secured and unsecured applications.
  • Facilitate risk assessment – Review, prepare and make considered recommendations to Manager or senior underwriter where residential mortgage application is above authority limit.
  • Exercise analytical mindset – Gather, review and assess information and complete documentation to support each credit application within CIBC risk parameters and Insurers guidelines as applicable.
  • Foster relationship building – Effectively handle correspondence and telephone enquiries from internal business partners and external business partners such as insurers, appraisers and solicitors.
  • Be agile – Manage high work volumes to meet short timelines with a high level of quality and due diligence. You will also be expected to review a variety of lending products on a daily basis.
  • Leadership - Provide direction to more junior underwriters, including acting in a leadership capacity to assist in coaching, training and quality assurance. Prepare and make considered recommendations to Manager or Special Adjudication where residential mortgage application is above authority limit.


What CIBC Offers


At CIBC, your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential. We aspire to give you a career, rather than just a paycheck.


  • We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a benefits program*, defined benefit pension plan*, an employee share purchase plan, a vacation offering, wellbeing support, and MomentMakers, our social, points-based recognition program.
  • Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients.
  • We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development.


*Subject to plan and program terms and conditions


What you need to know


  • CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation, please contact Mailbox.careers-carrieres@cibc.com
  • You need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit.
You can demonstrate a minimum of 5 years in credit adjudication/underwriting. * You put our clients first. You engage with purpose to find the right solutions. You go the extra mile, because it's the right thing to do. * You're driven to succeed. You are motivated by accomplishing your goals and delivering your best to make an impact. * You understand that success is in the details. You notice things that others don't. Your critical thinking skills help to inform your decision making. * You give meaning to data. You enjoy investigating complex problems, and making sense of information. You're confident in your ability to communicate detailed information in an impactful way. * You're digitally savvy. You seek out innovative solutions and embrace evolving technologies. You can easily adapt to new tools and trends. * Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability.

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