Underwriter, Insurance Lending Solutions 1 Year Contract

EQ Bank Equitable Bank
CA - Ontario
January 12, 2025

Join a ChallengerBeing a traditional bank just isn't our thing.
We are big believers in innovating the banking experience because we believe Canadians deserve better options, and we challenge ourselves and our teams to creatively transform what's possible in banking.
Our team is made up of inquisitive and agile minds that find smarter ways of doing things.
If you're not afraid of taking on big challenges and redefining the future, you belong with us.
You'll get to work with people who will encourage you to reach new heights.
We like to keep things fun, ask questions and learn together.We are a big (and growing!) family.
Overall we serve more than 670,000 people across Canada through Equitable Bank, Canada's Challenger Bank™, and have been around for more than 50 years.
Equitable Bank's wholly-owned subsidiary, Concentra Bank, supports credit unions across Canada that serve more than six million members.
Together we have over $125 billion in combined assets under management and administration, with a clear mandate to drive change in Canadian banking to enrich people's lives.
Our customers have named our EQ Bank digital platform (eqbank.ca) one of the top banks in Canada on the Forbes World's Best Banks list since 2021.The WorkThe Underwriter is responsible for conducting credit reviews across the entire suite of Insurance Lending products which includes Immediate Financing Arrangements (IFA), CSV Max, and CSV Flex applications.
The incumbent will be responsible for adjudicating corporate and personal credit applications, while maintaining excellent service levels.The Core Responsibilities!Assess the credit worthiness of both commercial (corporate) and individual borrowers, while adhering to the Bank's lending guidelines and policies.
Provide recommendations and approvals within designated limits.
Ensure that approved deals close as scheduled and as efficiently as possible, by following up on outstanding conditions/documents and ensuring compliance with established guidelinesDemonstrate a comprehensive understanding of the nuances of Whole Life Insurance policies, including their structure, functionality, as well as the impact of future policy changes on the credit portfolioDeliver exceptional, customer-centric service to both internal and external stakeholders; participate in sales meetings, as required.
Actively engage in team efforts and support colleaguesMaintain a high level of professionalism in all interactions.
Support other areas within the Growth Business unit as required.
Let's Talk About You!Post-secondary education in business or finance.
In-depth knowledge of commercial underwriting and financial statements analysis.
Proficient underwriting skills, with a minimum of1 year of commercial lending experience.
Insurance lending experience preferred Exposure to and knowledge of whole life insurance products is highly preferred.
Strong analytical and problem-solving skills, with the ability to assess credit applications holistically.
Sound knowledge of AML & ATF practices.
Excellent time management, analytical and problem-solving skills, able to handle multiple competing priorities.
Ability to make decisions under pressureWhat we offer (For full-time permanent roles) Competitive discretionary bonus✨ Market leading RRSP match program

Read the full job description and apply online on the recuiter's web-site

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