- Underwrites new loan applications for the AM and SAM. Reviews new loan applications to establish their acceptability as investments for the Bank. Negotiates loan terms and conditions with the client that meets the Bank's policies and guidelines;
- Gathers relevant information in preparation for a comprehensive loan submission for presentation and approval:
- Upon approval of the loan facility by the Bank, prepares a commitment letter for acceptance by the client, ensuring that all funding conditions are met.
- Authorizes the advance of funds by the loan administrator to ensure conformity with the credit authorization;
- Reviews loans approaching maturity to evaluate whether or not they continue to represent acceptable investments for the Bank, prepares the renewal application and submits for approval. Negotiates repayment or revised terms and conditions for those loans deemed unacceptable;
- Prepares reviews of existing loans to ensure the continuing security and profitability of the portfolio and submit for authorization;
- Inspects the real estate securing the loans, both existing and under construction, to ascertain the quality of the security;
- Ensures that assigned loan accounts operate as authorized and takes whatever action is necessary to correct delinquencies, or in the case of non-performing loans to assist, when necessary, the Special Loans Team to enforce the security documentation ensuring the repayment of the loan;
- Deals with client inquiries, changes to loan terms and conditions, and other account management situations that are beyond the authority of operation;
- Assists with the legal, documentation and prefunding provisions;
- Reviews cost consultant reports and prepares funding requests;
- Reviews appraisals and environmental reports to ensure loan complies with all approval conditions;
- Completes lease review, including rent roll / estoppel.
- University degree preferably in Finance, Business Administration, B Commerce in Commercial Real Estate
- Five(5) years experience in a related commercial real estate financing or equivalent with an established financial institution
- Able to write clear and logical loan submissions;
- Perform market analysis and other relevant due diligence;
- Working knowledge of real estate appraisal techniques and financial statement analysis;
- Experienced in lease review;
- Working knowledge of loan closing documentation, experience & knowledge of construction loans and draw process are a must
- Strong communication skills required to follow and negotiate complex transactions;
- Good interpersonal skills and organizational skills;
- Working knowledge of Windows based PC word processing and Excel spreadsheet analysis.
-
commercial underwriter
14 hours ago
Sovereign Alberta, CanadaEmployment Type: Regular Full-Time · Language: English is required, French is an asset. · Sovereign Insurance believes your experience matters. we take care of the well-being of our people so that they are inspired to protect Canadian businesses and the lives, families and comm ...
-
Associate Underwriter
5 hours ago
North American Search Group Alberta, Canada· Collaborate with clients and brokers to assess potential and existing commercial business risks. · Analyze financial records, business operations, existing policy coverages, market trends, and other relevant factors. · Establish terms and conditions for commercial insurance ...
-
Commercial underwriter
2 days ago
DGA Careers Calgary, AB, CanadaAre you ready to drive change in the world of Specialty Insurance? Our client is a distinguished Managing General Agency in the specialty insurance market and they are seeking a Commercial Auto Underwriter to join their vibrant team in Calgary. · Dive deep into the intricacies o ...
-
Supervisor, Underwriting
4 days ago
Wawanesa Insurance Calgary, CanadaJob Overview · Working under minimal supervision, the Underwriting Supervisor – Commercial Lines is responsible for overseeing the daily operations of the underwriting team while ensuring profitable risk selection. · Job Responsibilities · Provide leadership and mentorship thro ...
-
Senior Underwriter
4 days ago
Northbridge Financial Corporation Calgary, Canada Full timeWhat it's like to be a Northbridge Insurance Underwriter: · Our Senior Underwriters provide complete solutions for our commercial mid-market businesses. They work closely with a wide range of broker partners to get a holistic picture of each risk and make underwriting decisions ...
-
Mortgage Underwriter
1 week ago
Knewin Calgary, Canada TEMPORARYThe Mortgage Underwriter will be responsible for lending activities in BVCU's broker channel in accordance with established guidelines and business objectives. The Mortgage Underwriter will have a keen eye for detail, strong organizational and time management skills, and outstand ...
-
Executive Underwriter
1 day ago
Northbridge Financial Corporation Calgary, Canada Full timeWhat it's like to be a Northbridge Insurance Executive Underwriter · Northbridge Insurance Executive Underwriters customize solutions for our commercial clients when they need insurance products to cover our large, commercial technical risks. They work closely with our extensive ...
-
Underwriting Associate
5 days ago
Zurich Insurance Company Calgary, CanadaThe Opportunity · Are you looking for a caring, collaborative, values-driven workplace with inspiring teammates and leaders? Do you have the ambition and desire to be the best and thrive at the most impactful global insurance provider in the world? Look no further than Zurich Ca ...
-
Commercial Underwriting Associate
4 days ago
Impact Recruitment Ltd Calgary, AB, CanadaAre you interested in starting your career in Commercial Underwriting? Join a startup Managing General Agency (MGA) and begin your journey in underwriting alongside experienced industry leaders · ABOUT OUR CLIENT · Our client is a start up Canadian insurance company, specializin ...
-
Senior and Junior Underwriters
5 days ago
DGA Careers Calgary, AB, CanadaLife Underwriter (Senior or Intermediate) · Opportunity to Work from Home for a reputable Insurer · Scope Statement for the Underwriter is to maintains Company profitability through favourable mortality by reviewing and assessing the financial risk of individual life insurance a ...
-
Senior Underwriting Assistant
4 days ago
Tsw Management Calgary, AB, CanadaWe support our employees to shape their career by encouraging continuing education and investing in training and development. · We put our employees at the center of what we do to allow them to grow personally and professionally, with projects and challenges that are motivating ...
-
Underwriter, Commercial Lines
4 days ago
CAA Club Group Alberta, CanadaPosition Details · What You Will Do · Underwrite and price new business applications, endorsements and renewals of complex nature on Commercial Lines policies within set binding authority to grow and maintain a profitable portfolio · Maintain in-force policies and ensure all po ...
-
Legal Counsel, Underwriting
4 days ago
Chicago Title Canada Alberta, CanadaFor over 70 years, Chicago Title has proudly provided security for Canada's real estate transactions. When it comes to peace of mind, no detail is too small to overlook. From offering better value than anywhere else, and unmatched customer care, we will safeguard the real estate ...
-
Associate Mortgage Underwriter
5 days ago
First National Calgary, Canada Full timeWorking together to be our best · We are hiring an Associate Mortgage Underwriter, Residential Underwriting · The Associate Mortgage Underwriter is responsible for ensuring that all broker conditions are met prior to closing and for all interactions with the Broker to cooperat ...
-
Underwriting Co-Op
7 hours ago
Liberty Mutual Canada Calgary, Canada ContractDepartment: Underwriting · Location: Calgary · ReportsTo : Vice President, Senior Underwriting Manager · Company Overview: · Liberty Mutual Canada is the Canadian operation of Liberty Mutual Insurance Company. We offer a broad suite of commercial insurance products and solutions ...
-
Underwriter - Commercial Automobile Fleet
2 days ago
DGA Careers Calgary, AB, CanadaOur client is in need of a Commercial Auto Underwriter with a strong understanding of Fleet and Garage policies. Re-underwriting and negotiating renewals and policy endorsements · Ordering of inspections, financial reports, or other underwriting information for use in your analy ...
-
Underwriter - Commercial Automobile Fleet
5 days ago
DGA Careers Calgary, AB, CanadaCommercial Automobile Underwriter (Intermediate or Senior IW-9381 · Commercial Automobile Underwriter (Intermediate or Senior · Our client is in need of a Commercial Auto Underwriter with a strong understanding of Fleet and Garage policies. Re-underwriting and negotiating renewa ...
-
Underwriter, National Resource Practice
1 hour ago
Sovereign Alberta, CanadaCompany: Sovereign · Department: Underwriting · Employment Type: Regular Full-Time · Work Model: Hybrid · Language: English is required, French is an asset. · The Opportunity: · Sovereign Insurance believes your experience matters. This is our promise to not only our client ...
-
Senior Auto Underwriter, Calgary
4 days ago
Zurich Insurance Company Calgary, CanadaThe Opportunity · Are you looking for a caring, collaborative, values-driven workplace with inspiring teammates and leaders? Do you have the ambition and desire to be the best and thrive at the most impactful global insurance provider in the world? Look no further than Zurich Ca ...
-
Underwriter, National Resource Practice
4 days ago
Co-operators Alberta, Canada Full timeCompany: Sovereign · Department: Underwriting · Employment Type: Regular Full-Time · Work Model: Hybrid · Language: English is required, French is an asset. · The Opportunity: · believes your experience matters. This is our promise to not only our clients but to our employee ...
Underwriter - Calgary, Canada - Banque Laurentienne
Description
Seeing beyond numbersTM
At Laurentian Bank, we believe we can change banking for the better. Founded in Montreal in 1846, Laurentian Bank helps families, businesses and communities thrive. Today, we have over 3,000 employees working together as One Team, to provide a broad range of financial services and advice-based solutions for customers across Canada and the United States. We drive results by placing our customers first, making the better choice, acting courageously, and believing everyone belongs.
This role sits within Laurentian Bank.
Assist the Senior Account Managers (SAM) and the Assistant Vice President (AVP) to develop and maintain a profitable commercial real estate loan portfolio through service to developers, investors, and users of commercial real estate.
Sector: Real Estate#LI-Hybrid#LI-KAB
Responsibilities:
Qualifications:
Experience:
Inclusion and Accessibility
At Laurentian Bank, we believe everyone belongs. We are committed to fostering an inclusive work environment that reflects the diversity of our customers and our communities and where everyone feels like they belong and can thrive. To this end, we encourage applications from individuals from equity-deserving groups, including Indigenous persons, racialized and persons with disabilities, marginalized genders and the 2SLGBTQIA+ community.
We strive to offer a flexible and accessible work experience that is inclusive of everyone. If at any time you need an accommodation, please let us know.
PIPEDA
We may collect, use or disclose your personal information for the purpose of establishing an employment relationship with you.