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Commercial Mortgage Underwriter

• Act as the first point of contact for investors seeking financing, while always maintaining superior customer service.
• Write financial and business plans related to real estate development and property investment opportunities.
• Prepare Mortgage Request Packages for projects and properties.
• Assist in writing Offering Memorandums and Term Sheets for equity in real estate investments.
• Provide timely and accurate analysis and information concerning, LTV, ROI, and ROE.
• Prepare, review, analyze and verify mortgage applications for completeness, accuracy, suitability and risk.
• Complete due diligence analysis on future opportunities.
• Ensure compliance with all aspects of underwriting policies, procedures and guidelines per delegated authority matrices.
• Maintain consistent, objective, and sound risk assessments in a high volume, service-oriented environment.
• Work effectively with all internal business partners to improve underwriting systems to maximize effectiveness and achieve excellence.
• Remain current on latest developments within the real estate industry and market trends to secure competitive advantage.
• Make prudent credit decisions on complex mortgage files.
• Prepare files and recommend mortgage deals for final approval.
• Maintain accurate information and detailed notes on applications, prepare and issue conditional mortgage commitments outlining all conditions that must be met to organization’s satisfaction.
• Issue mortgage commitment according to negotiated and approved terms.
• Ad hoc duties as per manager

• Minimum 5 years commercial mortgage underwriting experience, experience with commercial real estate is a big asset.
• Candidate has experience and understanding of commercial banking sector
• Experience generating individual borrower risk rating for commercial borrowers.
• Ideal candidate has completed a training program within a commercial banking institution.

Salary 
$70 000 - $80 000/year 

How to Apply 
Click the “Apply Now” button and follow the instructions to submit your resume. Please note that we only accept documents in MS Word or Rich Text formats. When referencing this job, quote #385278. 

You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client’s requirements for this role.