Commercial Mortgage Analyst in Toronto

Join a Challenger. At EQ, we're remaking banking so every Canadian gets ahead, every day. Serving nearly 4 million Canadians from coast to coast, we offer a wide variety of financial services from banking and lending to trust and credit union solutions. We've been at this since 1970, challenging the conventions of traditional banking with smarter, faster, and more connected financial experiences.

The Work

As part of a growing and dynamic commercial team, the Commercial Mortgage Analyst is responsible for underwriting annual reviews for CMHC-insured commercial mortgages. The Underwriter must adhere to established policies and underwriting standards, meeting compliance and control requirements, while finding creative solutions in a timely manner in order to achieve service goals as well as annual target volumes. Additional credit-related and administrative duties are also required such as reporting and pipeline management as well as networking with external business partners along with various staff within the Commercial department & other internal departments.

The Core Responsibilities

• 70% On a daily basis, the incumbent will analyze and underwrite annual reviews for mortgage loans within the CMHC-insured portfolio. Attention must be made to ensure compliance with the company’s established lending guidelines and procedures. The incumbent will prepare an annual review submission for approval by management.
• 20% On a daily basis, the incumbent will communicate with external contacts (origination partners) and internal contacts (managers, administrators, and other commercial mortgage staff) to ensure that annual reviews are processed in a timely and efficient manner.
• 10% On a daily basis, the incumbent is responsible for time management of their deal flow in order to meet prescribed deadlines.

Let's Talk About You

• Bilingualism is an asset
• Minimum 2 years commercial mortgage experience and/or SFR underwriting experience
• Demonstrated service excellence within their field
• Post-secondary education (diploma/degree) preferred, preferably in business or finance
• Good working knowledge of MS Office (primarily Word and Excel)
• Effective analytical and problem-solving skills
• Established organizational skills
• Ability to handle multiple competing priorities
• Good time management skills
• Excellent communication skills, both oral and written

What we offer [For full-time permanent roles]

• Competitive discretionary bonus
• Market leading RRSP match program
• Medical, dental, vision, life, and disability benefits
• Employee Share Purchase Plan
• Maternity/Parental top-up while you care for your little one
• Generous vacation policy and personal days
• Virtual events to connect with your fellow colleagues
• Professional development and comprehensive Career Development program
• A fulfilling opportunity to join one of the top FinTechs and help create a new kind of banking experience

The incumbent will be working hybrid and in office time will be spent working from EQ Bank’s additional office space located at 2200-25 Ontario Street, Toronto, ON.

Equity, Diversity & Inclusion

EQ is committed to building an inclusive, accessible environment where every employee feels valued, respected, and supported. We believe our organization is stronger — and our people thrive — when we honour and celebrate diverse experiences, identities, and perspectives. We’re equally committed to supporting your growth, both professionally and personally. We provide a barrier‑free recruitment process and work environment. If you require accommodations at any stage, we will work with you to ensure you can bring your best self to the process and beyond.

As part of our recruitment process, EQ uses AI to help screen, assess, and/or select applicants for this position. All AI-enabled outputs are reviewed and validated by our talent team. All candidates considered for hire must successfully complete a criminal background check and credit check. While we appreciate every application, an EQ recruiter will contact only those whose skills and experience most closely match the requirements of the role.