Join a Challenger
At EQ, we're remaking banking so every Canadian gets ahead, every day. Serving nearly 4 million Canadians from coast to coast, we offer a wide variety of financial services from banking and lending, to trust and credit union solutions. We've been at this since 1970, challenging the conventions of traditional banking with smarter, faster, and more connected financial experiences. What's kept us moving? The people behind it all: challengers who ask better questions, push back on old assumptions, and look for a better way forward. If you're driven to help reshape how banking works for Canadians and the businesses that power our economy, this could be your next big opportunity. We can’t wait to get to know you!

The Work
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.

The Core Responsibilities

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 productive 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%).

Let's Talk About You

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

What we offer [For full-time permanent roles]

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 and in office time will be spent working from EQ Bank’s additional office space located at 2200-25 Ontario Street, Toronto, ON .

Equity, Diversity & Inclusion
EQ is committed to building an inclusive, accessible environment where every employee feels valued, respected, and supported. We believe our organization is stronger — and our people thrive — when we honour and celebrate diverse experiences, identities, and perspectives. We’re equally committed to supporting your growth, both professionally and personally.

We provide a barrier‑free recruitment process and work environment. If you require accommodations at any stage, we will work with you to ensure you can bring your best self to the process and beyond.

As part of our recruitment process, EQ uses AI to help screen, assess, and/or select applicants for this position. All AI-enabled outputs are reviewed and validated by our talent team. All candidates considered for hire must successfully complete a criminal background check and credit check. While we appreciate every application, an EQ recruiter will contact only those whose skills and experience most closely match the requirements of the role.

To learn more, visit eqb.investorroom.com and eqbank.ca.

EQB Inc. (TSX: EQB) is the parent company of Equitable Bank, the country's seventh-largest Schedule I bank by assets, which operates EQ Bank, Canada's Challenger Bank™. EQB Inc. serves nearly 4 million Canadians and manages approximately $150 billion in combined assets under management and administration.

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📌 Commercial Underwriting Manager, CFG (Ontario)
🏢 Socket.dev
📍 Ontario