Senior Commercial Underwriter

Kassen Recruitment; Toronto; On-site; CAD 70,000 - 100,000; Full time

Job summary

A growing financial services firm is seeking a Commercial Loan Underwriter in Toronto. This role involves evaluating commercial and construction lending opportunities and requires analytical skills, particularly in risk assessment and financial analysis. Join a dynamic team where your impact is valued and contribute to strategic lending decisions.

Qualifications

• Degree in finance or related field is required.
• Experience with commercial or construction loans is mandatory.
• Strong analytical skills and attention to detail are crucial.

Responsibilities

• Analyze commercial and construction loan applications.
• Conduct detailed reviews of financial statements and borrower profiles.
• Collaborate with internal partners on loan terms.

Skills

Financial analysis

Risk assessment

Attention to detail

Communication

Education

Degree in Finance, Accounting, Economics, or related discipline

Tools

AI-driven underwriting tools

Job description

A growing financial services firm is seeking a Commercial Loan Underwriter to join their collaborative team. This role focuses on evaluating construction and commercial lending opportunities and offers the chance to make a direct impact within a mid-sized, fast-paced environment.

About the Role
Reporting to a senior member of the credit or finance team, the Underwriter will assess complex lending opportunities across commercial and construction portfolios. You’ll work closely with internal teams to ensure thoughtful risk evaluation and play a key role in supporting strategic lending decisions.

What You’ll Do

• Analyze commercial and construction loan applications, assessing credit worthiness and risk exposure
• Conduct detailed reviews of financial statements, project budgets, and borrower profiles
• Identify and address potential risks, inconsistencies, or red flags in underwriting packages
• Collaborate with internal partners to structure loan terms in alignment with policy and market conditions
• Prepare credit memos and presentations to support lending decisions
• Stay informed on market trends, regulations, and best practices to inform underwriting strategy
• Contribute to ongoing process improvements and system enhancements

What You Bring

• A degree in Finance, Accounting, Economics, or a related discipline
• Experience underwriting commercial or construction loans
• Strong financial analysis skills with the ability to interpret risk across diverse lending scenarios
• Excellent attention to detail and a methodical approach to solving problems
• Comfortable working with evolving technologies, including AI-driven underwriting tools
• Strong verbal and written communication skills
• Preference for working in mid-sized, agile financial environments rather than large institutions
• Prior experience in financial services, commercial lending, or credit analysis is a strong asset

Why Join
This is a unique opportunity to join a mid-sized firm where your contributions are visible and valued. You’ll be part of a close-knit, professional team that embraces new ideas, encourages growth, and empowers underwriters to take ownership of their work. The role offers competitive compensation, exposure to diverse lending scenarios, and a chance to work in an environment that blends innovation with expertise.