As part of a growingand dynamicCommercial team theCommercial Mortgage Analystwill assistthe CommercialPortfolio Managementteamwith the managementand oversight of the Commercial Finance Group (CFG) Mortgage Analystwill assistSenior/Account Managerswith the day-to-day management oftheir respective commercial mortgage portfolios which are comprised of both conventional and construction mortgages.
TheCommercial Mortgage Analystis responsible forsuccessfullymanagingthe construction sub-advance pipeline while meeting compliance and control requirements to achieve service goals and department-level targets.
Additional credit-related and administrative duties are also required such asassisting Senior/Account Managers with the completion ofconstructionannual reviews ad hoc requests extension memorandumsreportingand pipeline managementas wellasnetworking with external business partnersalong with variousstaffwithin theCommercial departmentandother internal departments.
On a daily basis the incumbent will supportthe CommercialPortfolio Managementteamwith the ongoing management of active loans. Specifically time will be spent on the review and analysis of constructionsub-advance requests(60%).
On a daily basis the incumbent will supportAccount Managersand/ Managerswiththepreparationofannual reviews extension memorandumsand ad hoc requests quickly efficiently and accurately often with limited and/or incomplete information. The incumbent must be able to manage multiple competing priorities in order to achieve aggressive timelines. (30%).
On a daily basis the incumbent will be responsible for maintaining the currency of all renewal/annual review/sub-advancepipeline reports. The incumbent will be responsible for the preparation of specific departmental management reports that will be relied upon by Management (10%).
Post-secondary education (diploma/degree) preferred preferably in business or finance
3 years experience in the financial services industry preferably experience working in commercial banking or commercial mortgage lending
Demonstrated service excellence within their field
Strongworking knowledge of MS Office (primarilyWord andExcel)
Effective analytical andproblem-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
Required Experience:
IC
At Equitable Bank, we specialize in providing branchless financial services that meet the unique needs of all Canadians. Our range of mortgages, savings accounts and investment options are designed to offer the right solutions to match any unique circumstance.