Commercial Mortgage Underwriter

Join a Challenger

Who We Are

We are a forward-thinking bank committed to innovating the banking experience for Canadians. Our team is made up of inquisitive and agile minds dedicated to transforming banking through creativity and smart solutions. We value challenges, encourage learning, and strive to keep our work environment fun and engaging.

We serve over 670,000 people across Canada through Equitable Bank, Canada's Challenger Bank, and support credit unions via Concentra Bank. With over $125 billion in assets, we are driven to drive change in Canadian banking to improve people's lives. Our digital platform, EQ Bank, has been recognized as one of the top banks in Canada by Forbes since 2021.

The Role

We are seeking a Commercial Mortgage Underwriter to join our vibrant commercial team. In this role, you will underwrite both CMHC-insured and conventional commercial mortgages, ensuring compliance with policies while meeting service and performance targets. You will also handle credit tasks, administrative duties, and develop relationships with external and internal partners.

Core Responsibilities

Innovative Underwriting and Analysis (60%) : Underwrite loans from $2.5 million to $150 million, ensuring adherence to lending guidelines and preparing recommendations that influence our business future.

Communication and Coordination (20%) : Liaise with external and internal stakeholders to streamline processes and enhance customer service, ensuring timely funding.

Time Management (10%) : Manage multiple deals efficiently, meeting all deadlines.

Administrative and Reporting (10%) : Support the department with reports and administrative tasks that inform strategic decisions.

Candidate Profile

Bilingualism is a plus

4-5 years of commercial mortgage underwriting experience

Proven service excellence

Post-secondary education in business or finance preferred

Proficiency in MS Office

Strong analytical and problem-solving skills

Deep knowledge of secured lending and commercial mortgage market

Excellent organizational and communication skills

Enthusiasm for industry trends and networking

What We Offer

Competitive bonus

Market-leading RRSP match

Comprehensive benefits including medical, dental, vision, life, and disability

Employee Share Purchase Plan

Maternity / Parental leave top-up

Generous vacation and personal days

Virtual events and professional development opportunities

Opportunity to join a top FinTech and innovate banking

Equitable Bank is committed to inclusion and providing a barrier-free recruitment process. We support and encourage diversity and are dedicated to accommodating all applicants. Candidates must pass criminal and credit background checks. We look forward to reviewing your application!

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