Underwriting Associate

Peoples Group•Vancouver, BC

19d•CA$70,000 - CA$80,000•Hybrid

About The Position

This role involves analyzing and underwriting CMHC-insured, conventional, and commercial real estate loans. The ideal candidate will have a strong financial background, excellent communication skills, and the ability to thrive in a fast-paced, dynamic environment. The position requires evaluating and recommending mortgage loans, coordinating with account managers and regional VPs, and engaging with clients and brokers. Responsibilities also include reviewing third-party reports, ensuring documentation compliance, executing rate locks, and creating monthly results reports. The role emphasizes quantifying loan impact by focusing on key metrics, KPIs, and maximizing ROI.

Requirements

3+ years of experience in the commercial real estate finance industry with a strong understanding of Canadian commercial real estate markets.
Strong financial background and acumen.
Comprehensive understanding of CMHC policies, corporate lending guidelines, and regional market dynamics.
Proficient in analyzing financial statements to support informed decision-making.
Strong interpersonal, organizational, and time management abilities.
Skilled at prioritizing tasks effectively to meet business objectives.
Advanced proficiency in Microsoft Office applications, including data analysis, visualization, and automation.
Comfortable working both independently and collaboratively within teams.
Well-versed in Anti-Money Laundering (AML) and Know Your Customer (KYC) compliance requirements.
Exceptional written and verbal communication skills.
Thrives under pressure, consistently delivering results within tight deadlines.

Nice To Haves

Candidates who are fluent in both English and French will be given preference.
Bilingual (French/English) an asset.
CFA, CPA, MFin, or equivalent qualifications are preferred.

Responsibilities

Evaluate and recommend conventional and CMHC mortgage loans in the Region in accordance with procedures and policy guidelines.
Coordinate with Account Manager and regional VP on new loan applications for all types of real estate transactions from inquiry stage to formal commitment.
Engage directly with clients and brokers throughout the loan application process, ensuring high-quality underwriting standards and cultivating strong, professional relationships.
Review appraisals, environmental and building condition reports and any other third-party reports in accordance with policy.
Review and verify all required documentation from CMHC and the internal credit approval team to ensure completeness and compliance.
Ensure timely and accurate execution of rate locks and delivery of all related documentation to clients and brokers.
Create and monitor monthly results reports, including inputting data through CRM.
Be able to quantify the impact of loans by focusing on improving key metrics, KPIs, and maximizing ROI.