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 efficient 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 perks 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

📌 Commercial Underwriting Manager, Cfg (Toronto)
🏢 EQ Bank | Canada's Challenger Bank
📍 Toronto