Senior Underwriter, Real Estate (Hybrid)

NATIONAL BANK OF CANADA; Surrey; On-site; CAD 70,000 - 90,000; Full time

Job summary

A leading financial institution is seeking a Senior Underwriter for its Real Estate - Commercial Banking team in Surrey, Canada. This role involves expertise in credit analysis, risk management, and portfolio management. Candidates should possess a diploma in Business Administration and have at least 2 years of experience in commercial lending. The position offers flexible work arrangements and a variety of employee benefits, including health programs and pension plans.

Benefits

Health and wellness programs

Flexible insurance options

Generous pension plan

Employee Share Ownership Plan

Employee and Family Assistance Program

Preferential banking services

Community involvement opportunities

Telemedicine and sleep clinics

Qualifications

• Diploma in Business Administration or related field; specialization in Urban Land Economics or real estate appraisal is a strong asset.
• Minimum 2 years of experience in commercial or real estate lending.
• Skills in financial statement analysis, real estate valuations, and credit underwriting.
• Highly organized and driven with a passion for financial services.
• Strong computer and modeling skills.

Responsibilities

• Underwrite new and existing credit opportunities.
• Support Relationship Managers in identifying full-service solutions.
• Prepare detailed credit submissions for loans and renewals.
• Manage a portfolio of construction loans and mortgages.
• Participate in client meetings to assess proposals.

Skills

Communication

Client-focus

Teamwork

Emotional Intelligence

Financial statement analysis

Real estate valuations

Credit underwriting

Organizational skills

Education

Diploma in Business Administration

Tools

Banking systems

Job description

Attendance Hybrid Job number 27071 Category: Senior Professional Status: Permanent State: British Columbia Type of Contract: Permanent Country: Canada Schedule: Full-Time Area(s) of interest: Advisory services, Commercial banking Location(s): Surrey

Job overview

A career as a Senior Underwriter in the Real Estate - Commercial Banking team at National Bank involves expertise in credit analysis, risk management, client engagement, and portfolio management. This role allows you to positively impact the organization through financial solutions, attention to detail, and proactive client service.

Your responsibilities

• Underwrite new and existing credit opportunities aligning with branch financial goals and NBC’s risk appetite.
• Support Relationship Managers by identifying full-service solutions and referring clients to appropriate partners.
• Prepare detailed credit submissions for loans, renewals, amendments, and reviews with strong risk analysis.
• Manage a portfolio of construction loans and mortgages, including monthly draw requests and oversight.
• Participate in client meetings to assess proposals, recommend pricing, and draft term sheets.
• Ensure compliance with credit, audit, and regulatory standards, collaborating with Business Coordinators for efficient loan management.

Team overview

You will be part of the Real Estate - Commercial Banking sector, reporting to the Manager, Financing Solutions – Real Estate. The team values collaboration, precision, and client success, offering flexible work arrangements and professional growth opportunities.

Basic requirements

• Diploma in Business Administration or related field; specialization in Urban Land Economics or real estate appraisal is a strong asset.
• Minimum 2 years of experience in commercial or real estate lending.
• Skills in financial statement analysis, real estate valuations, and credit underwriting.
• Highly organized, driven, eager to build a career in financial services.
• Strong computer and modeling skills; experience with banking systems is an asset.

Languages: English

Skills

Communication, Diversity & Inclusion, Driving Results, Emotional Intelligence, Teamwork, Accountability, Client-focus, Empathy, Initiative, Learning Agility, Resiliency, Humility

Benefits

In addition to competitive compensation, you’ll be eligible for various benefits:

• Health and wellness programs
• Flexible insurance options
• Generous pension plan
• Employee Share Ownership Plan
• Employee and Family Assistance Program
• Preferential banking services
• Community involvement opportunities
• Telemedicine and sleep clinics

Our work environment fosters positive employee experiences, feedback, and inclusivity. We are committed to accessibility and welcome all candidates.