Senior Credit Underwriter

Collabera; Toronto; On-site; CAD 61,992 - 64,747; Full time

Job summary

A financial services company in Toronto is seeking a Specialized Lending Account Manager to support underwriting and adjudication within established credit risk frameworks. The role demands a minimum of 5 years of experience in commercial banking, with responsibilities including reviewing lending applications and conducting credit analysis. Fluency in French and English is essential. This position offers a pay range of $45 – $47 per hour, along with potential bonuses and a comprehensive benefits package.

Qualifications

• 5+ years of experience in commercial banking or lending.
• Strong understanding of financial services and credit risk principles.
• Ability to work independently in a fast-paced environment.

Responsibilities

• Review, underwrite, and adjudicate lending applications.
• Perform independent credit analysis with clear recommendations.
• Ensure compliance with credit policies and guidelines.
• Provide rationale for credit decisions.
• Maintain portfolio quality in line with risk appetite.

Skills

Credit judgment

Underwriting experience

Fluent in French and English

Ability to manage multiple priorities

Job description

The Specialized Lending Account Manager supports underwriting and adjudication activities within an established credit risk framework. This role is responsible for reviewing and adjudicating lending applications secured by insurance and wealth assets, exercising delegated lending authority, and ensuring adherence to credit policies and risk appetite.

This is a hands‑on role requiring strong credit judgment, underwriting experience, and the ability to work independently in a fast‑paced environment.

Key Responsibilities

• Review, underwrite, and adjudicate lending applications within delegated lending authority
• Perform independent and thorough credit analysis with clear, well‑supported recommendations
• Ensure compliance with credit policies, guidelines, and regulatory requirements
• Provide clear rationale for credit decisions, including approvals and declines
• Escalate applications exceeding delegated authority to appropriate approval levels
• Maintain portfolio quality in line with risk appetite and regulatory standards
• Partner with internal stakeholders to strengthen risk practices and credit structures
• Support portfolio governance, including timely annual credit reviews
• Drive continuous improvement in underwriting quality and risk‑based decision making

Required Qualifications

• 5+ years of experience in commercial banking or lending
• Strong understanding of financial services and credit risk principles
• Fluent in French and English (spoken, written, and reading)
• Ability to work independently and manage multiple priorities

Preferred Qualifications

• Experience exercising delegated lending authority or working in credit risk
• Exposure to ultra‑high‑net‑worth or private banking clients

Pay Range Information

The expected base salary range for this position is $45 – $47 per hour, depending on experience, skills, and internal equity. In addition to base salary, this role may be eligible for other forms of compensation, including bonuses, commission (if applicable), and/or other incentives, as well as a comprehensive benefits package. Final compensation will be determined based on job‑related skills, experience, and market factors.

AI Disclosure

We may use AI‑enabled and/or automated tools to support parts of our recruitment process, including application screening, interview scheduling, and candidate communications. These tools are used to enhance consistency and efficiency. All hiring decisions involve human review and are not based solely on automated processing.