Job Title

Join a ChallengerBeing a traditional bank just isnt 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 whats possible in banking. Our team is made up of inquisitive and agile minds that find smarter ways of doing things. If youre not afraid of taking on big challenges and redefining the future, you belong with us. Youll 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 Senior Underwriter is responsible for conducting expert 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 complex 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 Banks lending guidelines and policiesProvide recommendations and approvals within designated limits, including those of peers when necessary. 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. Mentor team members on credit adjudication and compliance practices. Actively engage in team efforts and support colleagues. Maintain a high level of professionalism in all interactions. Support other areas within the Growth Business unit as requiredLet's Talk About You!Post-secondary education in business or finance. In-depth knowledge of commercial underwriting and financial statements analysisProficient underwriting skills, with a minimum of 2-4 years of commercial lending experience. Insurance lending experience preferredExposure 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. What we offer (For full-time permanent roles) Competitive discretionary bonus Market leading RRSP match program