Senior Analyst Commercial Originations Commercial Finance Group CFG
Senior Analyst Commercial Originations Commercial Finance Group CFG
Posted on :
07-04-2025
Employer Active
1 Vacancy
The job posting is outdated and position may be filled
Job Alert
You will be updated with latest job alerts via emailValid email field required
Send jobs
Share
Send me jobs like this
Job Alert
You will be updated with latest job alerts via emailValid email field required
Send jobs
Job Description
Join a Challenger
Being a traditional bank just isnt our thing. We are big believers in innovating the banking experience because we believe Canadians deserve better options and we challenge ourselves and our teams to creatively transform whats possible in banking. Our team is made up of inquisitive and agile minds that find smarter ways of doing things. If youre not afraid of taking on big challenges and redefining the future you belong with us. Youll get to work with people who will encourage you to reach new heights. We like to keep things fun ask questions and learn together.
We are a big (and growing! family. Overall we serve more than 670000 people acrossCanadathrough Equitable BankCanadasChallenger Bank and have been around for more than 50 years. Equitable Banks whollyowned subsidiary Concentra Bank supports credit unions acrossCanadathat serve more than six million members. Together we have over$125 billionin combined assets under management and administration with a clear mandate to drive change in Canadian banking to enrich peoples lives. Our customers have named our EQ Bank digital platform eqbank one of the top banks in Canada on the Forbes Worlds Best Banks list since 2021.
The Work
The Senior Analyst CFG is responsible for supporting the Director Regional Director and Vice President & Managing Director Origination by analyzing commercial mortgage loan requests which shall include all mortgage loan types and assisting with the achievement of annual department target volumes. The incumbent is accountable for supporting the Origination team in the analysis preparation and fulfillment of commercial mortgages within specific markets and designated Canadian geographic areas. In this role the Senior Analyst must be knowledgeable about Equitable Banks mortgage products and processes while having a good understanding of the underwriting risk and compliance guidelines to ensure all files meet industry and company regulatory requirements.
The Incumbent will also be responsible for maintaining and updating commercial mortgage files/pipeline report from the acknowledgement/letter of intent stage to the funding stage by acting as a liaison between the underwriting funding and compliance departments. Additional duties will include weekly monthly and quarterly reporting networking with partners clients brokers and other external business partners as well as staff within the Commercial Lending group and other internal departments.
The core parts of your role would be to:
- 1. Analytical Support 40
On a daily basis the incumbent will analyze commercial mortgage requests to determine suitability based on company lending guidelines limits and parameters. Attention must be made to ensure that compliance with the Banks established lending guidelines and procedures are followed. The Incumbent is responsible to ensure a thorough review of pertinent documentation to assess credit worthiness of transactions by aligning Equitable Banks lending criteria with partner/customer needs. Communication with internal contacts (i.e. senior underwriters underwriters funders) and third party providers (i.e. Lending Partners Brokers Clients) will be required to obtain/review/analyze loan requests.
2. Process Support 30
Assist in the processing of transactions accurately and within specified timeframes working in tandem with the Credit and Funding teams to ensure all lending criteria has been satisfied and outstanding documentation or conditions if any are being met in a timely manner.
3. Origination Support 20
The incumbent will assist the Regional Directors and Vice President & Managing Director Origination in meetings and presentations with brokers clients partners and credit department to fully understand the nature of the loan requests the needs of the customers and lending criteria adherence. Participation in industry and company events (sales presentations networking events etc. will be required.
4. Workflow 5
On a daily basis the incumbent is responsible for time management of their workflow along with the team in order to meet prescribed deadlines.
5. Reporting 5
The incumbent will be responsible for the preparation and updating of pipeline reporting
Lets Talk About You!
- Postsecondary education (diploma/degree) preferably in business or finance is required. Specialization in Real Estate (eg. Urban Land Economics Real Property Valuation/Assessment) a definite asset
- Proficient underwriting skills with a minimum of 5 years commercial mortgage underwriting experience
- Experience with construction lending guidelines and requirements
- Sound technical knowledge of commercial real estate underwriting financial statement analysis and factors affective the commercial mortgage market
- Bilingualism is an asset
- Effective analytical and problem solving skills
- Working knowledge of AML/ATF regulations and Corporate/Legal documentation (both direct and partner originated transactions) for commercial real estate in multiple jurisdictions across Canada
- Excellent working knowledge of MS Office (primarily Word Excel and PowerPoint)
- E.A. or AACI designation an asset
- Strong organization and time management skills with the ability to handle multiple competing priorities
- Demonstrated ability to work independently to achieve goals
- Strong negotiation skills
- Highly developed verbal and written communication skills with the ability to respond in a clear concise and professional manner
Job Complexities / Thinking Challenges:
- The position requires an individual to be a selfstarter and make sound underwriting recommendations as efficiently as possible. The incumbent should be prepared to manage files of greater complexity at all times and shall possess strong cognitive skills professional judgement and the ability to work independently with minimal supervision to properly assess individual transactions and rely on past experiences to assist in mitigating risk. The incumbent is required to follow corporate policies procedures and regulatory requirements in order to work through files and rationalize the recommendations or decisions made. Transactions may be presented from multiple external partners each partner having unique complexities. As such the incumbent must be able to draw on specific product/document knowledge to assess suitability.
#LIHybrid
What we offer For fulltime permanent roles
Competitive discretionary bonus
Market leading RRSP match program
Medical dental vision life and disability benefits
Employee Share Purchase Plan
Maternity/Parental topup while you care for your little one
Generous vacation policy and personal days
Virtual events to connect with your fellow colleagues
Annual professional development allowance and a 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 and in office time will be spent working from Equitable Banks additional office space located at 351 King Street East Toronto ON.
Equitable Bank is deeply committed to inclusion. Our organization is stronger and our employees thrive when we honour and celebrate everyones 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 barrierfree 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.
We cant wait to get to know you!
Required Experience:
Senior IC
Employment Type
Full-Time
Key Skills
Report This Job
Disclaimer: Drjobpro.com is only a platform that connects job seekers and employers. Applicants are advised to conduct their own independent research into the credentials of the prospective employer.We always make certain that our clients do not endorse any request for money payments, thus we advise against sharing any personal or bank-related information with any third party. If you suspect fraud or malpractice, please contact us via contact us page.
