Manager, Underwriting – RBC Equipment Finance

RBC; Burlington; Hybrid; CAD 80,000 - 100,000; Full time

Job summary

A major financial institution in Burlington is seeking a Manager, Underwriting to identify risks associated with equipment financing transactions. Responsibilities include delivering innovative lease solutions and collaborating with various specialists to ensure compliance and best practices. The role requires strong communication skills and experience in commercial lease financing. This position supports a hybrid work arrangement with 3 days in the office.

Benefits

Dynamic and collaborative team

Opportunity for challenging work

Impactful client interactions

Qualifications

• Experience in commercial lease financing, including lease documentation knowledge.
• Broad knowledge of equipment values, depreciation rates, and life application.
• Knowledge of security registration in Canada and credit terminology.
• Ability to work in a hybrid setting (3 days in office).

Responsibilities

• Identify and manage risks associated with equipment financing transactions.
• Collaborate with specialists to deliver effective lease solutions.
• Resolve client concerns and requests at first contact.

Skills

Commercial lease financing

Strong communication skills

Microsoft Excel

Team-oriented collaboration

Ability to work independently

Education

Undergraduate Degree

Tools

Microsoft Word

Job description

Job Description

Overview

As a Manager, Underwriting, you work to effectively identify and manage risks associated with equipment financing transactions. You support the completion of lease transactions by collaborating with Equipment Financing Specialists (EFS), Credit Advisory Group (CAG)/Group Risk Management (GRM), Equipment Financing Service Centre members, and RBC Enterprise Groups to realize RBC Equipment Finance growth priorities.

Opportunity

• As part of the leasing “centre of expertise”, deliver innovative and effective lease solutions to clients. This will include investigation, formulation and completion of lease structures and in the valuation of equipment.
• Present comprehensive and well-written Equipment Financing solutions, working collaboratively with partners (EFS, CAG, GRM) to ensure any risks associated with equipment financing transactions are identified and mitigated in accordance to RBC equipment financing product policies and guidelines.
• Collaborate with your partners to make the most of every interaction, documenting key points in the system, meeting immediate needs in a timely fashion and taking action to solve and prevent problems.
• Take ownership and resolve client impact concerns and requests at first point of contact, escalate to your manager in a timely manner to ensure minimal impact to their experience and ensure all activities are accurately completed within service level agreements.
• Leverage the expertise of key contacts in Tax, Legal, GRM, Commercial Markets and Capital Markets to enhance lease-structuring capabilities.
• Build capabilities across RBC Equipment Finance by sharing best practices, coaching and assisting colleagues for individual and team success.

What do you need to succeed?

Must to have:

• Experience in commercial lease financing, including knowledge of lease and conditional sale documentation required to properly secure a finance transaction.
• Broad knowledge of equipment, as to values, rates of depreciations, useful life and application, ability to read and understand equipment appraisals.
• Knowledge of security registration in Canada and credit terminology.
• Strong communication skills.
• Ability to work independently and in a team-oriented environment.
• Working knowledge of Microsoft Excel and Word.
• Ability to work in a hybrid work arrangement – 3 days in office.

Nice to have:

• Undergraduate Degree
• Bilingual communication skills (English/French)

What’s in it for you?

We thrive on the challenge to be our best, demonstrate diverse thinking to keep growing, and working together to deliver trusted advice to help clients thrive and communities prosper. We care about each other, reaching our potential and making a difference to our communities.

• Ability to make a transformative difference and lasting impact for clients and advisors
• Be part of a dynamic, collaborative and innovative team
• Opportunity to do challenging work

Job Skills

Equipment Financing, Lease Transactions, Leasing, Underwriting

Additional Job Details

Address: 5575 NORTH SERVICE RD, BURLINGTON

City: Burlington

Country: Canada

Work hours/week: 37.5

Employment Type: Full time

Platform: PERSONAL & COMMERCIAL BANKING

Job Type: Regular

Pay Type: Salaried

Posted Date: 2025-05-29

Application Deadline: 2025-10-07

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Inclusion and Equal Opportunity Employment

At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.

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