Commercial Underwriting Manager, CFG

As part of a growing and dynamic commercial team, the Commercial Underwriting Manager is responsible for underwriting CMHC-insured construction and term loans, as well as   conventional commercial mortgages, including construction, bridge and term facilities.  The Underwriting Manager must adhere to established policies and underwriting standards, meeting compliance and control requirements, while finding creative solutions in a timely manner in order to achieve service goals as well as annual target volumes. Additional credit-related and administrative duties are also required, such as reporting and pipeline management, as well as networking with external business partners along with various staff within the Commercial department & other internal departments.

On a daily basis, the incumbent will analyze and underwrite commercial credit facilities together with additional credit related and administrative duties for all mortgage product types.  Attention must be made to ensure that compliance with the company’s established lending guidelines and procedures are followed with recommendations submitted for approval to management.  The incumbent is responsible to ensure all lending criteria have been satisfied on deals underwritten and outstanding documentation/conditions, if any, are being met in a timely manner, along with processing advance of funds in line with credit authorizations (60%).

On a daily basis, the incumbent will communicate with external contacts (origination partners) and internal contacts (funders, managers, administrators and commercial mortgage sales staff) to ensure transactions are processed in a timely and efficient manner in order to deliver superior customer service and funding deadlines (20%).

On a daily basis, the incumbent is responsible for time management of their deal flow in order to meet prescribed deadlines (10%).

On a monthly basis, the incumbent will be responsible for various administrative and reporting duties required for the department/company which will be relied upon by Senior Management (10%).

Bilingualism (French/English) is considered an asset

Proficient underwriting skills preferably with a minimum 3 years’ commercial mortgage experience

Demonstrated service excellence within their field

Post-secondary education (diploma/degree) preferred, preferably in business or finance

Good working knowledge of MS Office (primarily Word and Excel)

Effective analytical and problem-solving skills

Strong business sense combined with sound technical knowledge of secured lending and factors affecting the commercial mortgage market

Established organizational skills

Ability to handle multiple competing priorities

Good time management skills

Excellent communication skills, both oral and written

Ability and desire to attend industry-related events as required