Our Story & Purpose: We’re Vancity, a member-owned credit union built on the principles of inclusion and social justice. Since 1946, our relentless commitment to these values has helped us challenge the status quo …
Our Story & Purpose: We’re Vancity, a member-owned credit union built on the principles of inclusion and social justice. Since 1946, our relentless commitment to these values has helped us challenge the status quo …
First Credit Union (FCU) - Financial Service Representative (Permanent, Full-time) - Powell River
Powell River, British Columbia, Canada · On-site
$24/hr–$27/hr
Mid level
Join Our Team Financial Services Representative Join a team where passion meets purpose! At FCU Community Financial, we take pride in being one of B.C.’s Top Employers—a reflection of our team members who val…
Assistant Branch Manager - Main Street (15-Month Contract)
Vancouver, British Columbia, Canada · On-site
$86k–$107k/yr
Mid level
Our Story & Purpose: We’re Vancity, a member-owned credit union built on the principles of inclusion and social justice. Since 1946, our relentless commitment to these values has helped us challenge the status quo …
Skills: Leadership, Business Acumen, Financial Planning, Relationship Management, Lobby Management
Our Story & Purpose: We’re Vancity, a member-owned credit union built on the principles of inclusion and social justice. Since 1946, our relentless commitment to these values has helped us challenge the status quo …
Mortgage Advisor (Permanent, Full-Time) - Powell River
Powell River, British Columbia, Canada · On-site
$31/hr–$36/hr
Mid level
Join Our Team Mortgage Advisor Join a team where passion meets purpose! At FCU Community Financial, we take pride in being one of B.C.’s Top Employers—a reflection of our team members who value meaningful wor…
Skills: Mortgage Lending, Retail Lending, Financial Analysis, Relationship Management, Business Development
Financial Service Representative (Permanent, Casual) - Bowen Island
Powell River, British Columbia, Canada · On-site
$24/hr–$27/hr
Entry level
Join Our Team Financial Services Representative Join a team where passion meets purpose! At FCU Community Financial, we take pride in being one of B.C.’s Top Employers—a reflection of our team members who val…
Skills: Customer Service, Financial Transactions, Interpersonal Skills, Multi-tasking, Relationship Building
Member Service Representative (Permanent, Part-Time) - Bowen Island
Powell River, British Columbia, Canada · On-site
$25/hr–$29/hr
Mid level
Join Our Team Member Service Representative Join a team where passion meets purpose! At First Credit Union, we take pride in being one of B.C.’s Top Employers—a reflection of our team members who value meanin…
Skills: Financial services, Relationship building, Cross-selling, Member onboarding, Account administration
Personal Account Manager (Permanent, Full-Time) - Powell River
Powell River, British Columbia, Canada · On-site
Join Our Team! Personal Account Manager Join a team where passion meets purpose! At FCU Community Financial, we take pride in being one of B.C.’s Top Employers—a reflection of our team members who value meani…
Our Story & Purpose: We’re Vancity, a member-owned credit union built on the principles of inclusion and social justice. Since 1946, our relentless commitment to these values has helped us challenge the status quo …
Our Story & Purpose: We’re Vancity, a member-owned credit union built on the principles of inclusion and social justice. Since 1946, our relentless commitment to these values has helped us challenge the status quo …
Skills: Wealth Management, Financial Planning, Team Leadership, Coaching and Mentorship, Virtual Team Management
Our Story & Purpose: We’re Vancity, a member-owned credit union built on the principles of inclusion and social justice. Since 1946, our relentless commitment to these values has helped us challenge the status quo …
Skills: Full Cycle Accounting, Financial Reporting, General Ledger Reconciliations, Financial Analysis, Investment Accounting
Our Story & Purpose: We’re Vancity, a member-owned credit union built on the principles of inclusion and social justice. Since 1946, our relentless commitment to these values has helped us challenge the status quo …
Our Story & Purpose: We’re Vancity, a member-owned credit union built on the principles of inclusion and social justice. Since 1946, our relentless commitment to these values has helped us challenge the status quo …
Skills: People Management, Business Development, Financial Services Operations, Strategic Execution, Relationship Management
Please note that schedules may include weekends, as branch hours vary by location. Before applying, please ensure you are available to work the opening hours for this branch. You can find this information here: Find a Va…
Skills: Communication Skills, Customer Service, Sales Orientation, Digital Banking Tools, CRM Systems
Our Story & Purpose: We’re Vancity, a member-owned credit union built on the principles of inclusion and social justice. Since 1946, our relentless commitment to these values has helped us challenge the status quo …
Skills: Economic Analysis, Macroeconomic Modelling, Econometric Modelling, Data Analysis, Forecasting
Our Story & Purpose: Vancity is a member-owned credit union built on the principles of inclusion and social justice. A relentless commitment to their values has helped them challenge the status quo and break down barrier…
Skills: Customer Service, Communication, Interpersonal Skills, Financial Planning, Relationship Building
Our Story & Purpose: We’re Vancity, a member-owned credit union built on the principles of inclusion and social justice. Since 1946, our relentless commitment to these values has helped us challenge the status quo …
Skills: Customer Service, Communication, Interpersonal Skills, Financial Planning, Relationship Building
Our Story & Purpose: We’re Vancity, a member-owned credit union built on the principles of inclusion and social justice. Since 1946, our relentless commitment to these values has helped us challenge the status quo …
Skills: Cash Handling, Customer Service, Relationship Building, Digital Capability
Senior Financial Services Representative (BCGEU) - False Creek
Vancouver, British Columbia, Canada · On-site
Mid level
Please note that schedules may include weekends, as branch hours vary by location. Before applying, please ensure you are available to work the opening hours for this branch. You can find this information here: Find a Va…
Skills: Customer Service, Problem Solving, Communication, Technical Support, Analytical Skills
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$85k–$95k/yr
Full-time
bachelor degree, postgraduate degree
Flexible benefit packages, Vacation, Statutory holidays, Health and dental benefits, Defined benefit pension, Annual incentive program
Posted 14d ago
~40 hrs/week
Responsibilities
The Underwriter will manage a portfolio of commercial real estate loans, including term and construction financing for various housing and community projects. They are responsible for conducting underwriting analysis, assessing risks, and preparing commitment letters while ensuring adherence to credit policies.
Requirements
Candidates must hold a Bachelor's or Master's degree in a business-related field and possess at least 5 years of experience in real estate financing. Strong financial analytical skills and knowledge of commercial credit underwriting are essential for this role.
Full job description
Our Story & Purpose:
We’re Vancity, a member-owned credit union built on the principles of inclusion and social justice. Since 1946, our relentless commitment to these values has helped us challenge the status quo and break down barriers. We’ve made bold commitments to become net-zero by 2040 across all mortgages and loans, and we’re actively pursuing strategies in Indigenous banking and financial resilience for our members.
Vancity Community Investment Bank (VCIB) is an Ontario-based subsidiary of Vancouver City Savings Credit Union (Vancity). As Canada’s first values-driven bank, VCIB provides financing solutions to help purpose-driven businesses and organizations create, grow and foster change. At VCIB, we embrace your strengths and your ambitions, so you feel empowered at work. We need talented, passionate professionals who are dedicated to using finance as a force for good and doing what’s right for our clients.
Your Role in Supporting Our Members:
As an Underwriter, Commercial Real Estate, you will play a critical role supporting the growth and management of a portfolio of loans to values aligned businesses and social purpose real estate projects, including (but not limited to) term and construction financing for market rental housing, affordable housing, green buildings, and community spaces. You’ll join a small, diverse team of entrepreneurial, purpose-driven individuals and contribute your expertise in credit underwriting and portfolio management with a specialized lens on real estate finance.
This is a Full-time, Permanent role based at the Vancity Community Investment Bank head office location and your Ontario based home office and will report directly to the Senior Manager, Commercial Real Estate. While this position provides a hybrid work arrangement, you will be expected to be on-site for events and business demands
How You'll Make an Impact:
Completing underwriting analysis of commercial mortgage transactions for term and construction facilities, for both conventional and CMHC insured loans
Assessing suitability, reviewing risks, and completing due diligence requirements on transactions in accordance with risk appetite and CMHC guidelines where required
Preparing and issuing commitment letters, amendments, renewals, and other client-facing documents
Completing loan renewals and annual reviews
Completing and submitting CMHC Loan Applications
Supporting adherence to commercial credit policy, standards, and guidelines
Maintaining consistent, objective, and sound risk assessments in a service-oriented environment
Providing guidance and decision-making support to origination teams to solve problems
Collaborating with colleagues across teams to improve underwriting systems and maximize effectiveness
What You’ll Bring to the Team:
Bachelor’s degree and/or Master’s degree in business, economics, finance, or related field
Minimum of 5 years of real estate financing or related experience
Knowledge of the commercial real estate market and interest in advancing social purpose and sustainable real estate
Experience in commercial credit underwriting with strong business and financial analytical skills
Strong written communication skills
Business banking, CMHC financing and project finance experience an asset
You’ll Thrive Here If You Are:
Analytical – You enjoy solving complex problems and making sound decisions
Collaborative – You work effectively with colleagues and build strong relationships
Adaptable – You thrive in a fast-paced, changing environment
Resourceful – You leverage available resources to develop solutions independently
Purpose-driven – You are passionate about advancing social and sustainable real estate
We value lived experience, so if you are interested in this role, we encourage you to apply even if you feel your skills don't perfectly align with those listed.
What You’ll Earn:
This role offers a salary range of $85,000 to $95,000 per annum. The base pay offered may vary depending on factors such as relevant qualifications, skills, previous experience, and internal equity. As part of our total rewards package, employees may also be eligible for our annual incentive program, subject to program eligibility requirements.
Why You’ll Love Working Here:
A career at Vancity is more than just a job, you’re joining a tradition of change-makers who are creating lasting change for our communities. Beyond base pay, we offer a comprehensive total rewards package to ensure our employees are empowered to thrive:
Living Wage Employer: We’re the largest private-sector Living Wage Employer in Canada and consistently ranked among Canada’s Top Employers.
Customizable Benefits: Permanent employees receive flexible benefit packages that can be tailored annually to meet evolving needs.
Generous Vacation: New employees start with 3-4 weeks of vacation per year, with additional days earned over time.
Extra Stat Holidays: In addition to BC’s 11 statutory holidays, we offer 2 extra days, plus care days for personal or family illness.
Immediate Health Coverage: Health and dental benefits begin on your hire date, with three levels of coverage to choose from.
Defined Benefit Pension: Our retirement plan provides a guaranteed income for life, recognizing that retirement looks different for everyone.
Vancity Talent Programs:
Vancity supports an inclusive hiring process for candidates who self-identify as Indigenous, Black, or Trans. With special permission from the BC Human Rights Commissioner, this initiative provides access to career development opportunities, prioritized job screening, and feedback. Any information you choose to share will be stored securely and used only for recruitment and career development connected to this initiative, in line with the BC Personal Information Protection Act (PIPA). For details, please see our dedicated Talent Programs job posting.
At Vancity we’re committed to creating a welcoming and inclusive workplace to help our people and communities thrive and prosper. Diversity in our workforce is integral so that we can truly represent, understand and respond to our community needs and deliver on our member experience.
We are also committed to an inclusive, barrier-free and accessible recruitment experience for all candidates. If you require any accommodations or support at any stage of the recruitment process (including the application stage), we encourage you to let us know by contacting our Talent Acquisition team at [email protected]. We’re here to work with you to ensure your needs are met promptly and effectively. All requests will be handled with the utmost respect and confidentiality, so you can participate fully in the process.
If you would like this job posting in a large print (18 pt) format or other accessible format, please contact us at [email protected].
Related keywords
Commercial Real EstateUnderwritingCredit UnionCMHCMortgageConstruction FinancingTerm FinancingRisk ManagementFinancial AnalysisPortfolio ManagementSustainable Real EstateSocial PurposeDue DiligenceBusiness BankingProject FinanceCredit Policy
Everyone needs a place to bank. We're the place that offers resources and guidance for a future where everyone thrives. With 54 branches in Metro Vancouver, the Fraser Valley, Victoria, Squamish and Alert Bay, we serve more than 550,000 members and their communities in the Coast Salish and Kwakwaka'wakw territories.
Offices: 183 Terminal Avenue, Vancouver, BC V6A 4G2, CA
Everyone needs a place to bank. We're the place that offers resources and guidance for a future where everyone thrives. With 54 branches in Metro Vancouver, the Fraser Valley, Victoria, Squamish and Alert Bay, we serve more than 550,000 members and their communities in the Coast Salish and Kwakwaka'wakw territories.
Offices: 183 Terminal Avenue, Vancouver, BC V6A 4G2, CA