Commercial Portfolio Analyst, Large Commercial
Top Benefits
About the role
Who we are:
Fairstone Bank and its family of brands are united in delivering innovative, accessible and reliable financial solutions that enable Canadians to reach their goals. Over the years, our brand family has grown. In 2024, Home Trust Company, Home Bank and Oaken Financial became part of the Fairstone Bank family of brands, alongside Fairstone, EdenPark and Fig.
Together, we are the leading alternative lending bank in Canada. We have the collective experience and expertise to better serve our customers and foster our partners’ growth. With a diverse suite of products like residential and commercial mortgages, consumer deposits and GICs, credit cards, retail and automobile financing, personal loans and digital lending. We offer financial solutions tailored to all Canadians, including newcomers, small-business owners, smart investors and savvy consumers.
Backed by nearly a century of lending experience through its legacy companies, Fairstone Bank and its brand family are proud to be Canada’s leading alternative lending bank.
Home Trust: Home Trust Company has developed a track record of success as Canada’s leading alternative lender, employing nearly 800 people in our Toronto headquarters and branches across the country. Building on the demonstrated strength of its core residential mortgage lending business, the Company also offers complementary lending services, as well as highly competitive deposit investment products, through Oaken Financial. Our culture has been shaped by the passion and integrity of our people.
Join Home Trust as a Commercial Portfolio Analyst, Large Commercial and be part of our talented and growing team!
About the role:
This is a specialized position within Commercial Underwriting that will assist in the oversight of the existing large commercial loans within the commercial mortgage portfolio. Majority of the large commercial loans are sourced through third party servicers. It includes conventional loans as well as CMHC insured loans. Loan sizes are typically large than $2,250,000. The Analyst, Large Commercial is primarily responsible for underwriting renewals and annual reviews for large commercial mortgages in accordance with on-going regulatory, risk and compliance requirements. Large commercial loans typically would require a more detailed analysis when compared to small commercial loans due to the loan size, variety of asset classes and locations, and the complexity of the sponsors loan structure. As such, the Analyst, Large Commercial will be required to complete a thorough review at each renewal / annual review. Additional credit related and administrative duties are also required to support management and regulatory requirements.
Underwriting:
- Analyse and underwrite renewals and annual reviews with a primary focus in large commercial loans, as part of the ongoing portfolio oversight
- Complete a detailed analysis of the borrower, guarantor, real estate security and loan terms as well as identifying any associated risk.
- Communicate on a regular basis, with direct clients, third party servicers or internal partners regarding mortgages that are maturing and/or coming up for annual review. Request due diligence materials and follow up for any outstanding conditions precedent to renewal/annual review
- Ensure all files and the SAP system of record are accurate and complete. The annual review/renewal document should provide sound risk assessments and be well documented following Home’s policies, guidelines and procedures and meeting post-funding ERM quality assurance requirements
- Complete assumption, partial discharge, or other ad-hoc requests in a timely manner.
- Maintain workflow and complete the underwriting of annual review and renewal files within the target amount of time
- Maintain a high level of industry knowledge, competition and market trends
Administration & Service
- Attain service standards for processing all mortgage transactions in accordance with Company policies and procedures.
- Communicate with internal and external partners to ensure that all transactions are processed efficiently and effectively.
- Escalate issues/obstacles/trends as appropriate with recommendations/solutions
Risk & Compliance
- Ensure all transactions adhere to and are appropriately risk rated with a sponsor, property and aggregate rating
- Maintain files in compliance with all aspects of Home Trust Company’s underwriting policies and guidelines per delegated authority matrices and applicable compliance obligations including Privacy, Anti-Money Laundering/ Anti-Terrorist Financing and internal Anti-Fraud Policy requirements
- Ensure Unusual Transaction Reports are filed as applicable to fulfil individual employee obligations to detect and deter financial crimes activity
Reporting
- Assist in the preparation of monthly, quarterly, and annual reports for senior management, as necessary.
What we’re looking for:
- Bachelor's degree required in related area with 2 years of experience in commercial underwriting
- Understanding of commercial mortgage products
- Strong organizational, time-management and analytical skills to work effectively with established guidelines
- Able to multi-task and flourish in a fast-paced, deadline-driven work environment
- Strong interpersonal relationship building and listening skills
- Proven ability to work both independently and collaboratively within a team environment
- Excellent written / verbal communication and professional maturity
- Understands Home Trust Company’s lending criteria and culture
- Remains current on latest market trends and any applicable legislations
- Strong knowledge of MS Office, especially Excel; loan adjudication software
What you’ll love about working here:
-**Award-Winning Culture:**We’re proud to be recognized as aGreat Place to Work Canada 2025and one ofMontreal’s Top Employers 2025by Canada’s Top 100 Employers. -**Work-Life Balance:**Enjoy flexibility with our hybrid work model designed to support your lifestyle. -**Time to Recharge:**Generous vacation based on your role, statutory holidays, plus 6 wellness days to prioritize your well-being. -**Compensation Package:**Competitive base salary plus an annual incentive bonus tied to performance. -**Comprehensive Benefits:**Robust health and dental coverage through Manulife, as well as virtual healthcare through Dialogue. -**Future-Ready Savings:**Group Retirement Savings Plan with up to 7% employer match. -**Exclusive Perks:**Discounts from top retailers via WorkPerks, plus location-based perks like gym memberships and Toronto Bike Share. -**On-Site Fitness:**Gym access at our London and Montreal offices. -**Continuous Growth:**Education Assistance Program and Fairstone Academy for training and skill development. -**Family Support:**Parental leave top-up program to help you during life’s big moments.
-**Community Impact:**One paid volunteer day to give back to causes that matter to you. -For more information on who we are as an employer
click here.
What you can expect - pay & process:
- Expected base salary range is $55,200 - $65,000, plus the opportunity to earn an annual incentive bonus tied to performance.
- This posting is for an existing vacancy within our organization.
- Artificial intelligence may be used in parts of the recruitment process.
- All candidates considered for hire must successfully pass a criminal background check, credit check, and validation of their work experience to qualify for hire.
If what you read excites you, we’d like to hear from you! Please submit your application and we’ll contact you if you become selected for first stages of the interview process.
Learn more:
https://www.fairstone.ca/en/about/canadian-lender
Follow us on LinkedIn:
https://www.linkedin.com/company/fairstone/mycompany/
If you have a preferred language for communication, please kindly inform us whether you prefer French or English on your application.
Fairstone is an equal opportunity employer. Accordingly, we will make reasonable accommodations to respond to the needs of people with disabilities. Individuals who view themselves as Aboriginals, members of visible minorities, and disabled are encouraged to apply in confidence.
Time Type:
Full time
##Job Type:
Permanent
About Fairstone
Fairstone is a leading provider of responsible lending solutions, with a nearly one-hundred-year legacy in Canada. As an operating subsidiary of Fairstone Bank of Canada, Fairstone offers unsecured personal loans, secured personal loans and mortgages to near-prime customers online and in 250 branches coast to coast. Collectively , Fairstone Bank and its subsidiaries offer credit cards and rewards programs, point-of-sale financing through merchant partners and automobile financing via EdenPark. With a long-established Canadian history, Fairstone Bank and Fairstone are committed to improving the lives of Canadians with value-driven and accessible financial solutions. More at Fairstone.ca.
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Commercial Portfolio Analyst, Large Commercial
Top Benefits
About the role
Who we are:
Fairstone Bank and its family of brands are united in delivering innovative, accessible and reliable financial solutions that enable Canadians to reach their goals. Over the years, our brand family has grown. In 2024, Home Trust Company, Home Bank and Oaken Financial became part of the Fairstone Bank family of brands, alongside Fairstone, EdenPark and Fig.
Together, we are the leading alternative lending bank in Canada. We have the collective experience and expertise to better serve our customers and foster our partners’ growth. With a diverse suite of products like residential and commercial mortgages, consumer deposits and GICs, credit cards, retail and automobile financing, personal loans and digital lending. We offer financial solutions tailored to all Canadians, including newcomers, small-business owners, smart investors and savvy consumers.
Backed by nearly a century of lending experience through its legacy companies, Fairstone Bank and its brand family are proud to be Canada’s leading alternative lending bank.
Home Trust: Home Trust Company has developed a track record of success as Canada’s leading alternative lender, employing nearly 800 people in our Toronto headquarters and branches across the country. Building on the demonstrated strength of its core residential mortgage lending business, the Company also offers complementary lending services, as well as highly competitive deposit investment products, through Oaken Financial. Our culture has been shaped by the passion and integrity of our people.
Join Home Trust as a Commercial Portfolio Analyst, Large Commercial and be part of our talented and growing team!
About the role:
This is a specialized position within Commercial Underwriting that will assist in the oversight of the existing large commercial loans within the commercial mortgage portfolio. Majority of the large commercial loans are sourced through third party servicers. It includes conventional loans as well as CMHC insured loans. Loan sizes are typically large than $2,250,000. The Analyst, Large Commercial is primarily responsible for underwriting renewals and annual reviews for large commercial mortgages in accordance with on-going regulatory, risk and compliance requirements. Large commercial loans typically would require a more detailed analysis when compared to small commercial loans due to the loan size, variety of asset classes and locations, and the complexity of the sponsors loan structure. As such, the Analyst, Large Commercial will be required to complete a thorough review at each renewal / annual review. Additional credit related and administrative duties are also required to support management and regulatory requirements.
Underwriting:
- Analyse and underwrite renewals and annual reviews with a primary focus in large commercial loans, as part of the ongoing portfolio oversight
- Complete a detailed analysis of the borrower, guarantor, real estate security and loan terms as well as identifying any associated risk.
- Communicate on a regular basis, with direct clients, third party servicers or internal partners regarding mortgages that are maturing and/or coming up for annual review. Request due diligence materials and follow up for any outstanding conditions precedent to renewal/annual review
- Ensure all files and the SAP system of record are accurate and complete. The annual review/renewal document should provide sound risk assessments and be well documented following Home’s policies, guidelines and procedures and meeting post-funding ERM quality assurance requirements
- Complete assumption, partial discharge, or other ad-hoc requests in a timely manner.
- Maintain workflow and complete the underwriting of annual review and renewal files within the target amount of time
- Maintain a high level of industry knowledge, competition and market trends
Administration & Service
- Attain service standards for processing all mortgage transactions in accordance with Company policies and procedures.
- Communicate with internal and external partners to ensure that all transactions are processed efficiently and effectively.
- Escalate issues/obstacles/trends as appropriate with recommendations/solutions
Risk & Compliance
- Ensure all transactions adhere to and are appropriately risk rated with a sponsor, property and aggregate rating
- Maintain files in compliance with all aspects of Home Trust Company’s underwriting policies and guidelines per delegated authority matrices and applicable compliance obligations including Privacy, Anti-Money Laundering/ Anti-Terrorist Financing and internal Anti-Fraud Policy requirements
- Ensure Unusual Transaction Reports are filed as applicable to fulfil individual employee obligations to detect and deter financial crimes activity
Reporting
- Assist in the preparation of monthly, quarterly, and annual reports for senior management, as necessary.
What we’re looking for:
- Bachelor's degree required in related area with 2 years of experience in commercial underwriting
- Understanding of commercial mortgage products
- Strong organizational, time-management and analytical skills to work effectively with established guidelines
- Able to multi-task and flourish in a fast-paced, deadline-driven work environment
- Strong interpersonal relationship building and listening skills
- Proven ability to work both independently and collaboratively within a team environment
- Excellent written / verbal communication and professional maturity
- Understands Home Trust Company’s lending criteria and culture
- Remains current on latest market trends and any applicable legislations
- Strong knowledge of MS Office, especially Excel; loan adjudication software
What you’ll love about working here:
-**Award-Winning Culture:**We’re proud to be recognized as aGreat Place to Work Canada 2025and one ofMontreal’s Top Employers 2025by Canada’s Top 100 Employers. -**Work-Life Balance:**Enjoy flexibility with our hybrid work model designed to support your lifestyle. -**Time to Recharge:**Generous vacation based on your role, statutory holidays, plus 6 wellness days to prioritize your well-being. -**Compensation Package:**Competitive base salary plus an annual incentive bonus tied to performance. -**Comprehensive Benefits:**Robust health and dental coverage through Manulife, as well as virtual healthcare through Dialogue. -**Future-Ready Savings:**Group Retirement Savings Plan with up to 7% employer match. -**Exclusive Perks:**Discounts from top retailers via WorkPerks, plus location-based perks like gym memberships and Toronto Bike Share. -**On-Site Fitness:**Gym access at our London and Montreal offices. -**Continuous Growth:**Education Assistance Program and Fairstone Academy for training and skill development. -**Family Support:**Parental leave top-up program to help you during life’s big moments.
-**Community Impact:**One paid volunteer day to give back to causes that matter to you. -For more information on who we are as an employer
click here.
What you can expect - pay & process:
- Expected base salary range is $55,200 - $65,000, plus the opportunity to earn an annual incentive bonus tied to performance.
- This posting is for an existing vacancy within our organization.
- Artificial intelligence may be used in parts of the recruitment process.
- All candidates considered for hire must successfully pass a criminal background check, credit check, and validation of their work experience to qualify for hire.
If what you read excites you, we’d like to hear from you! Please submit your application and we’ll contact you if you become selected for first stages of the interview process.
Learn more:
https://www.fairstone.ca/en/about/canadian-lender
Follow us on LinkedIn:
https://www.linkedin.com/company/fairstone/mycompany/
If you have a preferred language for communication, please kindly inform us whether you prefer French or English on your application.
Fairstone is an equal opportunity employer. Accordingly, we will make reasonable accommodations to respond to the needs of people with disabilities. Individuals who view themselves as Aboriginals, members of visible minorities, and disabled are encouraged to apply in confidence.
Time Type:
Full time
##Job Type:
Permanent
About Fairstone
Fairstone is a leading provider of responsible lending solutions, with a nearly one-hundred-year legacy in Canada. As an operating subsidiary of Fairstone Bank of Canada, Fairstone offers unsecured personal loans, secured personal loans and mortgages to near-prime customers online and in 250 branches coast to coast. Collectively , Fairstone Bank and its subsidiaries offer credit cards and rewards programs, point-of-sale financing through merchant partners and automobile financing via EdenPark. With a long-established Canadian history, Fairstone Bank and Fairstone are committed to improving the lives of Canadians with value-driven and accessible financial solutions. More at Fairstone.ca.