The Work !
- 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, 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 guidelines.
- Demonstrate 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 portfolio.
- Deliver 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 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 of 2-4 years 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 pressure.
- Proven ability to thrive in a constantly changing environment and to perform well in a high volume, high intensity environment.
- Excellent relationship building skills.
- Demonstrated ability to coach and mentor more junior employees.
- Autonomous decision making on files of greater complexity.
- Knowledge of fraud risk in the credit and insurance industries and the ability to address concerns relating to suspected misrepresentation is required.
- A desire and a willingness to join a growing team and evolving product.
- Proficiency in MS Office (mainly MS Word and Excel).
- CFA/CPA would an asset.
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What We Do
MakeBank on everyday banking: Earn high interest on every dollar Say no to fees No minimum balances Powered by Equitable Bank, a Schedule I Canadian Bank EQB Inc. (formerly Equitable Group Inc.) trades on the Toronto Stock Exchange (TSX: EQB and EQB.PR.C), directly serves over 607,000 Canadians through its wholly owned subsidiary Equitable Bank, Canada's Challenger Bank™, and serves over 200 Canadian credit unions that serve over 6 million of their members with products and services. Equitable Bank has grown to become Canada's 7th largest independent Schedule I bank with over a $119 billion in assets under management and assets under administration, and a clear mandate to drive real change in Canadian banking to enrich people's lives. At Equitable Bank, we are as invested in our employees as we are in our business. That’s why we are consistently recognized as one of Canada's Top Employers – a rating that comes from our 1,800 employees. Equitable Bank’s inclusive, welcoming, and pride-inducing workplace earned it the honour of being recognized as one of the top 50 organizations on the 2023 list of Canada’s Best Workplaces™. Founded over 50 years ago, Equitable Bank provides diversified personal and commercial banking, and through its EQ Bank platform (eqbank.ca), which has been named #1 Bank in Canada for three consecutive years on the Forbes World's Best Banks list for 2021, 2022, and 2023. Equitable Bank website: www.equitablebank.ca EQ Bank website: www.eqbank.ca Specialties Lending, Mortgages, Residential Lending, Commercial Lending, Reverse mortgages, Insurance lending, Equipment leasing , Credit Union, Trust, and Funds Management
