Director, Underwriting and Portfolio Management

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Position Date:

2023-05-31

Title:

Director, Underwriting and Portfolio Management

Status:

Full-Time

Salary:

Commensurate with experience

Reports to:

Vice President, Underwriting and Portfolio Management

Position Summary

We are currently seeking a driven, detail oriented, and customer focused individual to fill our Director, Underwriting and Portfolio Management position. In addition to being a part of a team that operates in a fast-paced environment with a true entrepreneurial spirit, we offer a compensation package that includes:

  • Comprehensive extended health benefits
  • Educational assistance for professional development and accreditation
  • RRSP matching program

Company:

Cameron Stephens Mortgage Capital Ltd. (“CSMC”) is a leading non-bank lender with offices in Toronto and Western Canada. The company was founded in 2004 and at the end of 2022 had assets under management of $3.0 billion. Seventy percent of the loans are funded by institutional investors, and the remaining thirty percent of the loans are funded by private investors. CSMC specializes in commercial real estate loans, particularly land development loans, construction loans, and commercial mortgages, and employs 50+ people.

Key Accountabilities:

  • Manage and develop the Underwriting team, including training new underwriters
  • Uphold Cameron Stephens Underwriting quality throughout Loan Summary submission
  • Manage the underwriting process including:
    • Manage resource allocation on deals
    • Manage the prioritization of deals as determined by the VP Underwriting, and Sales Manager
    • Ensure timely submission of loan applications to institutional and private investors
    • Ensure quality control on all loan applications – you will be the second signature on loan applications
    • Ensure consistent and sound risk assessments
    • Act as the key contact for Underwriting with Investors as they adjudicate the loan application, ensuring that all questions regarding the loan application are answered in a timely manner and that the loan is adjudicated within the agreed upon service standards
  • Establish and maintain positive relationships with Institutional and Private Investors alike
  • Maintaining high level of customer service and effectively manage high volumes of files
  • Stays current with the latest industry knowledge, competition, and market trends
  • Collaborate with support staff and executive management
  • Perform other duties as assigned

 

Minimum Qualifications:

  • Post-secondary Degree in Commerce, Business Administration, Economics, or Finance with an educational focus on Real Estate or Land Development, or equivalent (required)
  • 3-5 years of related work experience in the real estate lending industry (required)
  • Superior communication skills (written and verbal) and acute attention to detail
  • Able to prepare clean and coherent Loan Summaries and other required documentation
  • Expertise in the use of Word, Excel, Office, and PowerPoint
  • Able to apply analytical and critical thinking skills while under pressure and prioritize work load
  • Keen sense of organization, planning, and prioritizing
  • Able to establish priorities, set deadlines, and manages time effectively
  • Must have a strong customer focus and helps develop and implement strategies according to evolving client needs
  • MBA, CFA, CSC considered an asset

If you are interested in joining a growing firm with a real entrepreneurial spirit, please apply online at https://cameronstephens.com/careers/

While we appreciate your interest in applying, only those candidates whose skills and qualifications closely match the requirements of the position will be contacted. All candidates considered for hire must successfully pass a criminal, education, and credit background checks to qualify for hire.

We are committed to providing equal opportunities for persons with disabilities. Accommodations are available at all stages of the recruitment process, at the candidate’s request.