Join a Challenger Being a traditional bank just isn’t our thing, so we challenge ourselves to get creative in providing innovative banking solutions for Canadians. With a talented team of inquisitive and agile challengers that break through the status quo, this could be your next big opportunity. Our company continues to grow – serving more than 800,000 customers across Canada through Equitable Bank, Canada's Challenger Bank® – and has been around for more than 50 years. Equitable Bank’s wholly‑owned subsidiary, Concentra Bank, supports credit unions across Canada that serve more than six million members. Together we have over $142 billion in combined assets under management and administration, with a clear mandate to drive change in Canadian banking to enrich people’s lives. Our customers have named our EQ Bank digital platform (eqbank.ca) one of the top banks in Canada on the Forbes World’s Best Banks list since 2021. The Work As part of a growing and dynamic commercial team, the Senior Commercial Mortgage Underwriter is responsible for the underwriting of construction and conventional commercial loans. The Senior Underwriter must adhere to established policies and underwriting standards, meeting compliance and control requirements, while finding creative solutions in a timely manner to achieve service goals and annual volume targets. Additional credit‑related and administrative duties are also required such as reporting and pipeline management, along with networking with external business partners and various staff within the Commercial department and other internal departments. The position will be located in Toronto. Responsibilities 60% of the day: Analyze and underwrite commercial credit facilities for all mortgage product types. Construction and conventional loans range from $2.5 million up to $50.0 million. Ensure compliance with the company’s lending guidelines and procedures, submit recommendations for approval to management, and ensure all lending criteria are satisfied on deals underwritten and that outstanding documentation or conditions are met in a timely manner. 20% of the day: 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, delivering superior customer service and meeting funding deadlines. 10% of the day: Manage deal flow time to meet prescribed deadlines. 10% of the month: Perform various administrative and reporting duties required for the department and company, relied upon by Senior Management. Qualifications / Ideal Candidate Proficient underwriting skills with a minimum of 5 years commercial mortgage experience. Demonstrated service excellence within the 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 oral and written communication skills. Ability and desire to attend industry‑related events as required. Job Complexities / Thinking Challenges The role requires the incumbent to be a self‑starter, making sound underwriting decisions as efficiently as possible. Commercial mortgage applications can be complex, requiring creative and innovative thinking and proactive problem‑solving. The incumbent must follow corporate policies, procedures, and regulatory requirements to work through files and rationalize recommendations or decisions made, sometimes assessing viability with limited access to information or documentation. Benefits Competitive discretionary bonus Market‑leading RRSP match program Medical, dental, vision, life, and disability benefits Employee Share Purchase Plan Maternity/Parental top‑up while you care for your little one Generous vacation policy and personal days Virtual events to connect with your fellow colleagues Professional development and comprehensive career development program A fulfilling opportunity to join one of the top FinTechs and help create a new kind of banking experience The incumbent will be working hybrid, with in‑office time spent at Equitable Bank’s office space located at Ontario Street, Toronto, ON . Equitable Bank is deeply committed to inclusion. Our organization is stronger and our employees thrive when we honour and celebrate everyone’s diverse experiences and perspectives. In tandem with that commitment, we support and encourage our staff to grow not just in their career path, but personally as well. We commit to providing a barrier‑free recruitment process and work environment for all applicants. Please let us know of any accommodations needed so that you can bring your best self to the application process and beyond. All candidates considered for hire must successfully pass a criminal background check and credit check to qualify for hire. While we appreciate your interest in applying, an Equitable recruiter will only contact leading candidates whose skills and qualifications closely match the requirements of the position. #J-18808-Ljbffr