Underwriter - En Jobs

Seeing beyond numbersTM

At Laurentian Bank, we believe we can change banking for the better. Founded in Montreal in 1846, Laurentian Bank helps families, businesses and communities thrive. Today, we have over 3,000 employees working together as One Team, to provide a broad range of financial services and advice-based solutions for customers across Canada and the United States. We drive results by placing our customers first, making the better choice, acting courageously, and believing everyone belongs.

This role sits within Laurentian Bank.

The Underwriter will assist the Senior Manager in the risk management of the financing portfolio. Within the Commercial Banking Group, the candidate will be required to assimilate the knowledge necessary to understand, prepare and write commercial credit files.

With input into business model analysis, financial analysis, risk analysis and collateral evaluation. The Underwriter will act as a key resource to the Account Manager, Business Development and the Assistant Vice President.

Responsibilities:

• Identify and analyze risks associated with the client's business.
• Complete underwriting of new transactions, annual file reviews and amendments within prescribed time frames.
• Input client financial statements and financial projections into the risk rating tool.
• Be involved in integrity and compliance processes (code of conduct, internal policies).
• Performs work according to specific practices, policies and objectives while complying with applicable legislation, Bank policies, programs and procedures.
• Participate in meetings or conference calls with clients.
• Perform financial analysis from the financial statements and projections, perform sensitivity analysis and make comparisons with industry standards for the sector.
• Follow up on client portfolio irregularities and collateralization in accordance with credit authorization requirements.

Qualifications:

• Attention to detail and meticulousness.
• Intellectual curiosity and critical thinking skills.
• Good resourcefulness and ability to manage priorities.
• University education in an appropriate field, Finance or Accounting and other related field.
• Strong interest in Finance and good analytical skills.
• Knowledge of the Office suite.
• Sense of collaboration and proactive spirit
• Good oral and written communication skills (English an asset)*.
• Ability to manage multiple files/projects simultaneously.
• “Qualifications
• Minimum of 3 to 5 years experience in a related field.
• Ability to produce quality written correspondence.

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.”

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.

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