Equitable Bank

Commercial Mortgage Underwriter

Toronto, Ontario, Canada

Compensation: CAD 70000 - CAD 90000

Commercial Mortgage Underwriter 🏦 | Toronto | Full-Time | Hybrid

Join our innovative team at Equitable Bank, Canada's leading Challenger Bank! We're on a mission to reinvent the banking experience for Canadians, and we're looking for a Commercial Mortgage Underwriter like you to help us navigate the exciting world of commercial lending.

Your Role:
As a Commercial Mortgage Underwriter, you will play a crucial role in underwriting both CMHC-insured and conventional commercial mortgages. Your responsibilities will include ensuring compliance with established policies while driving towards ambitious service goals and annual targets.

Core Responsibilities:

  • Innovative Underwriting and Analysis (60%): Underwrite loans ranging from $2.5 million to $150 million. Your detail-oriented approach will ensure compliance with lending guidelines, shaping the future of our business.
  • Dynamic Communication and Coordination (20%): Serve as a key communicator, liaising with external partners and internal teams to streamline processes and provide exceptional customer service.
  • Efficient Time Management (10%): Master time management by juggling multiple deals to meet workflow deadlines.
  • Strategic Administrative and Reporting Duties (10%): Assist in administrative tasks and reporting to support departmental and company goals.

What We’re Looking For:

  • Bilingualism is a plus 🌍
  • 4-5 years of proven underwriting experience in commercial mortgages
  • Post-secondary education (diploma/degree) in business or finance is preferred
  • Proficiency in MS Office (Word and Excel) πŸ’»
  • Strong analytical, problem-solving, and communication skills
  • Excellent organizational abilities to manage multiple priorities
  • Enthusiasm for industry-related events and market trends πŸ“ˆ

What We Offer:

  • πŸ’° Competitive discretionary bonus
  • ✨ Market-leading RRSP match program
  • 🩺 Medical, dental, vision, life, and disability benefits
  • πŸ“ Employee Share Purchase Plan
  • πŸ‘ΆπŸ½ Maternity/Parental top-up for new parents
  • 🏝 Generous vacation policy and personal days
  • πŸŽ“ Annual professional development allowance
  • πŸ’› A chance to work with a top FinTech and transform the banking landscape

At Equitable Bank, we value diversity and inclusion, and we are committed to a barrier-free recruitment process. Let us know if you need any accommodations during the application process.

Excited to be part of our journey? APPLY FOR THIS JOB today and help us create a new kind of banking experience! 🌟