Commercial Mortgage Underwriter

EQ Bank; Toronto; On-site; CAD 85,000 - 115,000; Full time

Benefits offered by this job

Discretionary bonus

RRSP match

Benefits package

Share purchase plan

Parental top-up

Generous vacation

Career development

Networking events

Job summary

EQ Bank's Commercial Mortgage team is seeking a Commercial Mortgage Underwriter in Toronto to underwrite loans ranging from $2.5 million to $150 million, applying established policies with precision and ensuring compliance while meeting service targets.

You will collaborate with external partners and internal teams, drive timely deal execution, and contribute to departmental reporting and growth through sharp analysis and strong communication.

Qualifications

• Underwrite commercial mortgages in line with policies and standards.
• Analyze credit quality and risks across a wide loan range.
• Coordinate with internal teams and external partners to support funding.

Responsibilities

• Underwrite loans from $2.5M to $150M with accuracy and compliance.
• Liaise with external partners and internal teams to streamline processes.
• Prioritize and manage multiple deals to meet deadlines.
• Prepare reports and provide insights to drive growth.

Skills

Underwriting

Credit analysis

MS Office

Communication

Time management

Industry knowledge

Problem solving

Education

Diploma/Degree in business or finance

Tools

MS Excel

MS Word

Job description

Join our vibrant and forward-thinking commercial team as a Commercial Mortgage Underwriter! In this dynamic role, you will underwrite commercial mortgages ranging from $2.5 million to $150 million. You will use established policies and underwriting standards creatively and precisely, ensuring compliance while meeting ambitious service goals and annual targets. In addition to underwriting, you will engage in credit‑related tasks, administrative responsibilities, and build strong networks with external business partners and internal teams.

The Core Responsibilities

• Innovative Underwriting and Analysis (60%): Dive into the exciting world of commercial credit facilities, underwriting loans ranging from $2.5 million to $150 million. Your keen eye for detail and innovative approach will ensure compliance with lending guidelines, while your recommendations will shape the future of our business. You will ensure all lending criteria are met, and documentation is handled swiftly and efficiently.
• Dynamic Communication and Coordination (20%): Be the linchpin in our communication network, liaising daily with external partners and internal teams. Your ability to streamline processes and deliver exceptional customer service will be key to meeting funding deadlines and exceeding expectations.
• Efficient Time Management (10%): Master the art of time management, juggling multiple deals and ensuring all tasks are completed within prescribed deadlines. Your organizational skills will keep the workflow smooth and efficient.
• Strategic Administrative and Reporting Duties (10%): Take on crucial administrative and reporting tasks that support the department and company. Your insights and reports will be invaluable to Senior Management, driving strategic decisions and growth.

Qualifications

• Bilingualism is a plus.
• Proven underwriting skills with 4–5 years of commercial mortgage experience.
• A track record of service excellence in the field.
• Post‑secondary education (diploma/degree) preferred, ideally in business or finance.
• Proficiency in MS Office (Word and Excel).
• Strong analytical and problem‑solving abilities.
• A sharp business sense and deep technical knowledge of secured lending and the commercial mortgage market.
• Exceptional organizational skills and the ability to manage multiple priorities.
• Excellent time management skills.
• Outstanding communication skills, both oral and written.
• Enthusiasm for attending industry‑related events and staying ahead of market trends.

What we offer

• 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.

EQ is an equal‑opportunity employer. We are committed to building an inclusive, accessible environment where every employee feels valued, respected, and supported. We provide a barrier‑free recruitment process and work environment.