About the role

Commercial Underwriting Manager underwriting construction, bridge, term, and conventional mortgages for EQ Bank. Managing credit compliance, deal flow, funding deadlines, reporting, and commercial banking partner relationships.

Responsibilities

Underwrite CMHC-insured construction and term loans
Underwrite conventional commercial mortgages, including construction, bridge, and term facilities
Adhere to established policies, underwriting standards, compliance requirements, and control requirements
Find creative solutions in a timely manner to achieve service goals and annual target volumes
Analyze and underwrite commercial credit facilities and perform additional credit-related and administrative duties for all mortgage product types
Submit recommendations for approval to management
Ensure all lending criteria are satisfied and outstanding documentation or conditions are met on time
Process advances of funds in line with credit authorizations
Communicate with origination partners, funders, managers, administrators, and commercial mortgage sales staff to process transactions efficiently and meet funding deadlines
Manage deal flow and meet prescribed deadlines
Perform monthly administrative and reporting duties relied upon by Senior Management
Manage reporting and pipeline activities and network with external business partners and internal departments

Bilingualism (French/English) is considered an asset
Proficient underwriting skills, preferably with a minimum 3 years’ commercial mortgage 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
Established organizational skills
Ability to handle multiple competing priorities
Good time management skills
Excellent oral and written communication skills
Ability and desire to attend industry-related events as required
All candidates considered for hire must successfully complete a criminal background check and credit check

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
Professional development and comprehensive Career Development program
Fulfilling opportunity to join one of the top FinTechs and help create a new kind of banking experience