Commercial Mortgage Underwriter — Hybrid Role and Benefits

EQ Bank | Equitable Bank; Toronto; Hybrid; CAD 70,000 - 90,000; Full time

Job summary

A leading Canadian financial institution is seeking a Commercial Mortgage Underwriter in Toronto. The role involves underwriting CMHC-insured and conventional mortgages while adhering to compliance standards. Candidates should have strong underwriting skills, experience in commercial mortgage underwriting, and excellent communication abilities. This position offers a hybrid work model and competitive benefits including a discretionary bonus and comprehensive health coverage.

Benefits

Competitive discretionary bonus

Market leading RRSP match program

Medical, dental, vision, life, and disability benefits

Employee Share Purchase Plan

Generous vacation policy and personal days

Annual professional development allowance

Qualifications

• Minimum 2 years’ experience in commercial mortgage or SFR underwriting.
• Strong understanding of secured lending and the commercial mortgage market.
• Established organizational skills and ability to handle multiple priorities.

Responsibilities

• Analyze and underwrite commercial credit facilities daily.
• Communicate with external and internal contacts to ensure timely processing.
• Manage deal flow to meet deadlines.
• Perform various administrative and reporting duties monthly.

Skills

Bilingualism

Underwriting skills

Service excellence

Analytical and problem-solving skills

Time management skills

Communication skills

Education

Post-secondary education in business or finance

Tools

MS Office (Word and Excel)

Job description

A leading Canadian financial institution is seeking a Commercial Mortgage Underwriter in Toronto. The role involves underwriting CMHC-insured and conventional mortgages while adhering to compliance standards. Candidates should have strong underwriting skills, experience in commercial mortgage underwriting, and excellent communication abilities. This position offers a hybrid work model and competitive benefits including a discretionary bonus and comprehensive health coverage.