Founded inMontrealin 1846, Laurentian Bank is committed to serving its customers and fostering deep relationships with specialized groups. Laurentian Bank runs operations acrossCanada– primarily in Québec andOntario– as well as inthe United Statesand competes where it sees market opportunity and has an edge, while harnessing the power of partnerships and collaboration.
This role sits within Laurentian Bank.
Within Commercial Banking, the incumbent will acquire the knowledge required to understand, prepare, and draft commercial credit files. They will assist the Senior Director in managing the financing portfolio's risks.
Through their contribution to business model analysis, financial analysis, risk assessment, and collateral evaluation, they serve as a key resource for the Account Director, Business Development, and the Assistant Vice-President.
Responsibilities
The Senior Underwriter position consists of:
- Coordinating all internal and external stakeholders to ensure the efficient disbursement of new financing.
- Analyzing cost consultant reports and preparing advance requests for projects under their responsibility.
- Reviewing documents submitted by clients to confirm compliance with the conditions precedent for each financing transaction.
- Analyzing professional reports required for projects (e.g., appraisals, technical reports, construction progress monitoring reports).
- Following up diligently with clients regarding missing or non-compliant items.
- Acting as a point of contact for various internal departments and external partners.
- Maintaining ongoing oversight to ensure compliance with requirements, standards, and conditions throughout project progression.
- Identifying and analyzing risks associated with client activities and situations.
- Monitoring the implementation of security agreements in accordance with credit approval conditions.
- Participating in meetings and conference calls with clients and stakeholders.
- Contributing to integrity and compliance processes, including adherence to the Code of Conduct and internal policies.
- Performing all duties in accordance with established practices, policies, institutional objectives, applicable legislation, programs, and procedures.
Qualifications
- University degree in a relevant field, preferably Law (Real Estate Law is an asset; Master's degree is an asset).
- Strong analytical skills.
- Excellent organizational skills.
- Strong ability to manage multiple priorities.
- Strong written communication skills.
- Ability to work effectively in a team environment.
- Commitment to delivering exceptional customer service.
- Positive attitude.
- Demonstrated intellectual curiosity and critical thinking skills.
- Strong interest in Finance and excellent analytical capabilities.
- Proficiency with the Microsoft Office suite.
- Professional working proficiency in French and English languages required as position involves frequent written and oral communication on complex matters with internal and external parties in both languages.
What Laurentian Bank Has To Offer You
The total compensation offered by Laurentian Bank encompasses a comprehensive range of benefits, highlighting our commitment to the well-being and success of our employees.
Here are some of the key points of our offering:
- The actual annual base salary offered will take into account internal equity, skills, and experience among other factors.
- Total compensation: Earn a comprehensive compensation package that includes annual reviews and performance-based bonuses.
- Work model: We prioritize a hybrid work model based on business needs.
- Time off: In addition to paid vacation, we provide floating days and leave options to accommodate the diverse needs of our employees. Plus, as an extra perk, you also get a paid day off to celebrate your birthday.
- Health and wellness: Take care of your health and well-being with access to healthcare professionals, our Employee and Family Assistance Program (EFAP), and a Stress Management and Well-Being Program.
- Group insurance and pension: We offer a competitive insurance program based on your family’s needs and a defined contribution pension plan to help prepare for your future.
- Financial benefits: Enjoy exclusive deals and preferred rates on products and services including insurance, hotels, train tickets, spas and many more.
We are committed to creating a fulfilling professional environment where your skills are valued, and your well-being is a priority. Join us for a rewarding career at Laurentian Bank.
Inclusion and Accessibility
At Laurentian Bank, we believe everyone belongs. We are committed to fostering an inclusive work environment that reflects the diversity of our customers and our communities and where everyone feels like they belong and can thrive. To this end, we encourage applications from individuals from equity-deserving groups, including Indigenous persons, racialized and persons with disabilities, marginalized genders and the 2SLGBTQIA+ community.
We strive to offer a flexible and accessible work experience that is inclusive of everyone. If at any time you need an accommodation, please let us know.
PIPEDA
We may collect, use or disclose your personal information for the purpose of establishing an employment relationship with you.
We also use artificial intelligence (AI) tools during parts of our recruitment process to support fair and efficient hiring decisions.
