Associate, Commercial Credit, Commercial Finance Group (CFG)

Equitable Group; Toronto; Hybrid; CAD 85,000 - 110,000; Full time

Benefits offered by this job

Discretionary bonus

RRSP match

Medical, dental, vision benefits

Employee Share Purchase Plan

Parental top-up while caring for child

Generous vacation & personal days

Virtual events

Career development program

Challenger Bank - EQ equity culture

Job summary

Equitable Group in Canada seeks an Associate, Commercial Finance Group (CFG) to support underwriting, funding, and collaboration across underwriting, originations, funding and partners. This role requires strong document control, due diligence, and reporting capabilities with bilingual advantage preferred.

The successful candidate will work closely with commercial underwriting teams, funders, and internal departments to ensure adherence to lending guidelines and deal requirements.

Qualifications

• Bachelors’ degree considered an asset.
• Minimum 5 years’ commercial mortgage administration experience.
• Extensive MS Office, Cyber Query and PPlus knowledge.
• Ability to create ad hoc Excel reports with data imports.
• Excellent attention to detail and analytical skills.
• Strong time management and ability to handle multiple priorities.
• Excellent verbal and written communication.

Responsibilities

• Assist with timely collection of documents to ensure underwriting readiness.
• Support due diligence items such as net worth statements and leases.
• Attend deal meetings and record accurate notes; post to SharePoint.
• Prepare reports and contribute to department projects for Senior Management.
• Time-manage workflow to meet deadlines.

Skills

MS Office

Cyber Query

PPlus

Excel reporting

Attention to detail

Analytical skills

Time management

Prioritization

Verbal communication

Written communication

Education

Bachelor's degree

Tools

MS Office

Cyber Query

PPlus

Job description

Join a Challenger

At EQ, we're remaking banking so every Canadian gets ahead, every day. Serving nearly 4 million Canadians from coast to coast, we offer a wide variety of financial services from banking and lending, to trust and credit union solutions. We've been at this since 1970, challenging the conventions of traditional banking with smarter, faster, and more connected financial experiences.

What's kept us moving?

The people behind it all: challengers who ask better questions, push back on old assumptions, and look for a better way forward. If you're driven to help reshape how banking works for Canadians and the businesses that power our economy, this could be your next big opportunity. We can't wait to get to know you!

The Work

Seeking an Associate, Commercial Finance Group in Montreal or Toronto, preferably bilingual (French/English). The Associate, CFG Credit is responsible for supporting the underwriting team in document fulfillment from receipt of deal through to the funding stages by acting as a liaison between underwriting, origination, funding and partner/borrower. They will ensure compliance with the Company's established lending guidelines and specific deal requirements. Additional duties are also required including assistance in due diligence prior to funding, reporting and special projects required by senior management. The incumbent will be working closely with the Commercial underwriting team, the Commercial Originations team, Commercial Funders and Administrators, Mortgage Services, Accounting/Finance and other internal departments.

The core parts of your role would be to:

• On a daily basis, the incumbent will assist with the timely and efficient collection of documents for transactions by communicating with internal contacts (i.e. underwriters, originators) and external contacts (i.e. partners, brokers, sponsors) to ensure a deal is ready for underwriting and subsequent funding. The incumbent will scrutinize the files to ensure accurate receipt. The incumbent will also assist underwriters in the preparation of supporting documentation required as part of a credit submission like industry segmentation, aggregate exposure and fintrac (when it does not include down payment verification) (40%).
• On a daily, weekly basis, the incumbent will assist the underwriter with due diligence items such as verifying personal net worth statements, agreements for purchase & sale, commercial leases etc. (20%)
• On a daily basis, the incumbent will attend deal discussion meetings and bi-weekly deal meetings and record accurate and detailed notes on discussions between originations, credit and risk. Notes will include a summary of the discussion, outlining identified risks and clear outcome for each deal discussed. The incumbent is responsible for posting notes onto SharePoint (15%)
• On a daily, weekly, monthly, and quarterly basis the incumbent will be responsible for the preparation of specific reports on assigned categories as well as contributing to special projects required for the department/Company which will be relied upon by Senior Management (15%).
• On a daily basis, the incumbent is responsible for time management of their work flow in order to meet prescribed deadlines (10%).

Let's Talk About You!

• Bachelors’ degree considered an asset
• Have a minimum of 5 years’ commercial mortgage administration experience
• Extensive working knowledge of MS Office (Word, Excel, Outlook, Power Point), Cyber Query and PPlus
• Ability to create ad hoc reports in excel with practical knowledge in importing data for the use in report software, spreadsheets and graphs
• Proven ability to capture and document information thoroughly
• Creatively solve problems and propose solutions with minimal direction.
• Excellent attention to detail.
• Strong problem solving and analytical skills
• Excellent time management and organizational skills
• Ability to handle multiple competing priorities
• Highly developed verbal and written communication skills with the ability to respond in a clear, concise and professional manner

Job Complexities/Thinking Challenges

The incumbent will be continuously challenged by the high level of information requirements and managing multiple activities, many of which will be time sensitive. The position requires the incumbent to be a self-starter and make sound decisions as efficiently as possible. Commercial mortgages can be complex in nature, requiring in-depth reviews of documentation. The incumbent will be required to support the entire underwriting team for the afore-mentioned activities, as such will need to be organized and manage their time/priorities well. In addition, the incumbent will support new Company initiatives and understand the impact process changes may have on other functional areas within the Company. Projects and Assignments may be diverse in nature, requiring creative and innovative thinking and proactive problem solving.

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

Equity, Diversity & Inclusion

EQ is committed to building an inclusive, accessible environment where every employee feels valued, respected, and supported. We believe our organization is stronger - and our people thrive - when we honour and celebrate diverse experiences, identities, and perspectives. We’re equally committed to supporting your growth, both professionally and personally.

We provide a barrier-free recruitment process and work environment. If you require accommodations at any stage, we will work with you to ensure you can bring your best self to the process and beyond.

As part of our recruitment process, EQ uses AI to help screen, assess, and/or select applicants for this position. All AI-enabled outputs are reviewed and validated by our talent team. All candidates considered for hire must successfully complete a criminal background check and credit check. While we appreciate every application, an EQ recruiter will contact only those whose skills and experience most closely match the requirements of the role.

EQB Inc. (TSX: EQB) is the parent company of Equitable Bank, the country's seventh-largest Schedule I bank by assets, which operates EQ Bank, Canada's Challenger Bank. EQB Inc. serves nearly 4 million Canadians and manages approximately $150 billion in combined assets under management and administration.

To learn more, visit eqb.investorroom.com and eqbank.ca.