Associate, Commercial Credit, Commercial Finance Group (CFG)

Join a Challenger

Being a traditional bank just isn’t our thing, so we challenge ourselves to get creative in providing innovative banking solutions for Canadians.

How do we get there? With a talented team of inquisitive and agile challengers that break through the status quo. So, if you’re passionate about redefining the future of banking—while having fun—this could be your next big opportunity.

Our company continues to grow, and today we serve more than 800,000 customers across Canada through Equitable Bank, Canada's Challenger Bank™, and have been around for more than 50 years. Equitable Bank's wholly-owned subsidiary, Concentra Bank, supports credit unions across Canada that serve more than six million members. Together we have over $142 billion in combined assets under management and administration, with a clear mandate to drive change in Canadian banking to enrich people's lives. Our customers have named our EQ Bank digital platform ( eqbank.ca ) one of the top banks in Canada on the Forbes World's Best Banks list since 2021. 

The Work

Seeking an Associate, Commercial Finance Group in Montreal or Toronto, preferably bilingual (French/English). The Associate, CFG Credit is responsible for supporting the underwriting team in document fulfillment from receipt of deal through to the funding stages by acting as a liaison between underwriting, origination, funding and partner/borrower. They will ensure compliance with the Company’s established lending guidelines and specific deal requirements. Additional duties are also required including assistance in due diligence prior to funding, reporting and special projects required by senior management. The incumbent will be working closely with the Commercial underwriting team, the Commercial Originations team, Commercial Funders and Administrators, Mortgage Services, Accounting/Finance and other internal departments.

The core parts of your role would be to:

• On a daily basis, the incumbent will assist with the timely and efficient collection of documents for transactions by communicating with internal contacts (i.e. underwriters, originators) and external contacts (i.e. partners, brokers, sponsors) to ensure a deal is ready for underwriting and subsequent funding. The incumbent will scrutinize the files to ensure accurate receipt. The incumbent will also assist underwriters in the preparation of supporting documentation required as part of a credit submission like industry segmentation, aggregate exposure and fintrac (when it does not include down payment verification) (40%).


• On a daily, weekly basis, the incumbent will assist the underwriter with due diligence items such as verifying personal net worth statements, agreements for purchase & sale, commercial leases etc. (20%)


• On a daily basis, the incumbent will attend deal discussion meetings and bi-weekly deal meetings and record accurate and detailed notes on discussions between originations, credit and risk. Notes will include a summary of the discussion, outlining identified risks and clear outcome for each deal discussed. The incumbent is responsible for posting notes onto SharePoint (15%)


• On a daily, weekly, monthly, and quarterly basis the incumbent will be responsible for the preparation of specific reports on assigned categories as well as contributing to special projects required for the department/Company which will be relied upon by Senior Management (15%).


• On a daily basis, the incumbent is responsible for time management of their work flow in order to meet prescribed deadlines (10%).

Let's Talk About You!

• Bachelors’ degree considered an asset


• Have a minimum of 5 years’ commercial mortgage administration experience


• Extensive working knowledge of MS Office (Word, Excel, Outlook, Power Point), Cyber Query and PPlus


• Ability to create ad hoc reports in excel with practical knowledge in importing data for the use in report software, spreadsheets and graphs


• Proven ability to capture and document information thoroughly


• Creatively solve problems and propose solutions with minimal direction.


• Excellent attention to detail.


• Strong problem solving and analytical skills


• Excellent time management and organizational skills


• Ability to handle multiple competing priorities


• Highly developed verbal and written communication skills with the ability to respond in a clear, concise and professional manner

Job Complexities/Thinking Challenges

The incumbent will be continuously challenged by the high level of information requirements and managing multiple activities, many of which will be time sensitive. The position requires the incumbent to be a self-starter and make sound decisions as efficiently as possible. Commercial mortgages can be complex in nature, requiring in-depth reviews of documentation. The incumbent will be required to support the entire underwriting team for the afore-mentioned activities, as such will need to be organized and manage their time/priorities well. In addition, the incumbent will support new Company initiatives and understand the impact process changes’ may have on other functional areas within the Company. Projects and Assignments may be diverse in nature, requiring creative and innovative thinking and proactive problem solving.

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

Equitable Bank is deeply committed to inclusion. Our organization is stronger and our employees thrive when we honour and celebrate everyone’s diverse experiences and perspectives. In tandem with that commitment, we support and encourage our staff to grow not just in their career path, but personally as well. 

We commit to providing a barrier-free recruitment process and work environment for all applicants. Please let us know of any accommodations needed so that you can bring your best self to the application process and beyond. All candidates considered for hire must successfully pass a criminal background check and credit check to qualify for hire. While we appreciate your interest in applying, an Equitable recruiter will only contact leading candidates whose skills and qualifications closely match the requirements of the position.

We can’t wait to get to know you!