Senior Analyst, Risk - Canada - Canadian Imperial Bank of Commerce

Description

Senior Analyst, Underwriting - Bilingual page is loaded Senior Analyst, Underwriting - Bilingual

Apply locations Montréal, QC time type Full time posted on Posted 3 Days Ago job requisition id We're building a relationship-oriented bank for the modern world.

The Senior Analyst, Underwriting is responsible for reviewing, processing, and negotiating the approval of residential mortgages, supporting higher approval inquiries from intermediate underwriters, manager requests, and escalation rotation.

The role applies comprehensive knowledge and skills in residential mortgage underwriting to act as a consultant for branches, mortgage advisors, and brokers seeking to appeal credit decisions, negotiating satisfactory resolution to applications within CIBC's business and credit risk objectives.

The Senior Analyst, Underwriting exercises independent judgement within defined procedures, providing specialized advice and guidance on company policy, procedures, and security value estimates.

The role works with limited direction, providing direction to junior underwriters and acting in a leadership capacity to assist in coaching, training, and quality assurance.

In addition, the role prepares and makes recommendations to the manager where residential mortgage applications are above the authorized limit.

You can effectively perform all work activities remotely, and will only be required to be on-site on an occasional basis.

Make Effective Decisions – Negotiate, approve/ decline and make recommendations for applications within established CIBC processes, guidelines within an authorized lending limit of up to $2,500,000, including residential mortgage, real estate secured and unsecured applications.

Facilitate Risk Assessment – Review, prepare and make considered recommendations to Manager or senior underwriter where residential mortgage application is above authority limit.

Exercise Analytical Mindset – Gather, review and assess information and complete documentation to support each credit application within CIBC risk parameters and Insurers guidelines as applicable.

Foster Relationship building – Effectively handle correspondence and telephone enquiries from internal business partners and external business partners such as insurers, appraisers and solicitors.

Be Agile – Manage high work volumes to meet short time lines with a high level of quality and due diligence.

Leadership – Provide direction to more junior underwriters, including acting in a leadership capacity to assist in coaching, training and quality assurance.

Prepare and make considered recommendations to Manager or Special Adjudication where residential mortgage application is above authority limit.
Your critical thinking skills help to inform your decision making.
You give meaning to data. You're fluent in French and English to support business operations outside of Quebec, Canada.
You need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit
Analytical Thinking, Credit Negotiations, Decision Making, Ensure Compliance, Real Estate Lending, Relationship Building, Residential Mortgages, Risk Assessments, Risk Management and Mitigation, Underwriting Similar Jobs (2)
Senior Analyst, Underwriting - Bilingual
locations Montréal, QC time type Full time posted on Posted 10 Days Ago Senior Associate, Mid-Market Investment Banking - Bilingual

locations Montréal, QC time type Full time posted on Posted 6 Days Ago At CIBC, we are in business to help our clients, employees and shareholders achieve what is important to them.

Working with CIBC makes you a part of a work environment committed to our clients, employees and communities - a place where you can excel.

Every day, our 44,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.

#