Senior Underwriter

Seeing beyond numbers™

At Laurentian Bank, we believe we can change banking for the better. Founded in Montreal in 1846, Laurentian Bank helps families, businesses and communities thrive. Today, we have over 2,800 employees working together as One Team, to provide a broad range of financial services and advice-based solutions for customers across Canada and the United States. We drive results by placing our customers first, making the better choice, acting courageously, and believing everyone belongs.

This role sits within Laurentian Bank.

The senior underwriter will assist the Senior Manager in the risk management of the financing portfolio. Within the Commercial Banking Group, the candidate will be required to assimilate the knowledge necessary to understand, prepare and write commercial credit files.

With input into business model analysis, financial analysis, risk analysis and collateral evaluation. The senior underwriter will act as a key resource to the Account Manager, Business Development and the Assistant Vice President. Sector : SME

#LI-Hybrid

#LI-KAB Responsibilities

• Input client financial statements and financial projections into the risk rating tool.
• Perform financial analysis from the financial statements and projections, perform sensitivity analysis and make comparisons with industry standards for the sector.
• Identify and analyze risks associated with the client's business.
• Complete underwriting of new transactions, annual file reviews and amendments within prescribed time frames.
• Follow up on client portfolio irregularities and collateralization in accordance with credit authorization requirements.
• Participate in meetings or conference calls with clients.
• Be involved in integrity and compliance processes (code of conduct, internal policies).
• Performs work according to specific practices, policies and objectives while complying with applicable legislation, Bank policies, programs and procedures.

Qualifications

What Laurentian Bank has to offer you

The total compensation offered by Laurentian Bank encompasses a comprehensive range of benefits, highlighting our commitment to the well-being and success of our employees.

Here are some of the key points of our offering :

We are committed to creating a fulfilling professional environment where your skills are valued, and your well-being is a priority. Join us for a rewarding career at Laurentian Bank.

Inclusion and Accessibility

At Laurentian Bank, we believe everyone belongs. We are committed to fostering an inclusive work environment that reflects the diversity of our customers and our communities and where everyone feels like they belong and can thrive. To this end, we encourage applications from individuals from equity-deserving groups, including Indigenous persons, racialized and persons with disabilities, marginalized genders and the 2SLGBTQIA+ community.