Senior Commercial Underwriter

Kassen Recruitment; Toronto; On-site; CAD 80,000 - 100,000; Full time

Job summary

A financial recruitment firm is seeking a Senior Commercial Underwriter in Toronto. This role involves managing the underwriting process and analyzing credit risk, requiring a Bachelor’s degree and 3–5 years of commercial underwriting experience. Strong analytical and communication skills are essential for success in this fast-paced environment.

Qualifications

• Minimum 3–5 years of commercial underwriting experience required.
• Proven ability to manage multiple priorities and meet deadlines.
• Experience in commercial banking, private lending, or real estate firms preferred.

Responsibilities

• Lead the end-to-end underwriting process.
• Identify and escalate red flags in diligence reports.
• Conduct analytical reviews of loan applications.
• Draft documentation including letters of interest.
• Collaborate with teams for deal execution.
• Support legal teams with diligence preparation.
• Collaborate with teams for accurate deal execution.

Skills

Analytical skills

Organizational skills

Written communication skills

Attention to detail

Education

Bachelor’s degree in Finance, Accounting, Business, or a related field

Job description

About the Role

We are seeking a Senior Commercial Underwriter to join our team. This position is critical in supporting our lending operations through thorough loan analysis, diligence review, and transaction management.

As a Senior Commercial Underwriter, you will play a key role in evaluating credit risk, coordinating with internal and external stakeholders, and ensuring smooth execution of financing transactions. The role is well-suited for individuals with a strong commercial underwriting background who thrive in a fast-paced, cyclical environment.

Key Responsibilities

• Lead the end-to-end underwriting process, from diligence collection and review to coordination with legal and funding.
• Identify and escalate red flags in diligence reports.
• Manage multiple active files and shifting workloads with efficiency and precision.
• Conduct analytical reviews of loan applications.
• Draft documentation including letters of interest and commitment letters.
• Support legal teams with diligence preparation and review.
• Collaborate with internal teams and external stakeholders to ensure timely and accurate deal execution.
• Adapt to cyclical business volumes, balancing high-activity and slower periods effectively.
• Leverage technology tools and workflows to streamline underwriting tasks.

Qualifications

• Bachelor’s degree in Finance, Accounting, Business, or a related field.
• Minimum 3–5 years of commercial underwriting experience with exposure to full diligence processes.
• Proven ability to manage multiple priorities and meet deadlines in a dynamic environment.
• Strong analytical, organizational, and written communication skills.
• Experience in commercial banking, private lending, or real estate firms strongly preferred.