The posting
Join a Challenger
At EQ, we're remaking banking so every Canadian gets ahead, every day. Serving nearly 4 million Canadians from coast to coast, we offer a wide variety of financial services from banking and lending, to trust and credit union solutions.
We've been at this since 1970, challenging the conventions of traditional banking with smarter, faster, and more connected financial experiences.
What's kept us moving? The people behind it all: challengers who ask better questions, push back on old assumptions, and look for a better way forward.
If you're driven to help reshape how banking works for Canadians and the businesses that power our economy, this could be your next big opportunity. We can’t wait to get to know you!
We can’t wait to get to know you!
The Manager, CMHC Annual Review will be a key member of the Commercial Credit team. Reporting to the Senior Manager, CMHC Portfolio Management, the incumbent will lead a team of credit professionals in the management of the CMHC Annual Reviews.
The work!
- Establish and oversee procedures to ensure CMHC annual reviews are thoroughly assessed and within the bank’s risk appetite, Commercial Credit Policy and the General Investment and Lending Policy.
- Reviewing and approving CMHC Annual Reviews within delegated limits and adjudicating the risk rating assessment for each file.
- Provide guidance and assistance to external partners in formulating and implementing processes and procedures to gather required Annual Review documents and information.
- Develop, implement, and maintain productive working relationship with external partners through prompt, professional and effective communication.
- Deliver excellent in customer service by effectively managing commitments to a variety of partners, senior management, and other internal departments.
- Managing the completion of all CMHC Annual Reviews on a yearly basis. This will include assignment of specific files to each staff member and follow-up on completion to ensure that all annual reviews are processed on a timely basis.
- Ensure appropriate strategies are in place to deal with problem loans in order to minimize the risk of loss for the Bank.
- Oversee ongoing, timely completion of reporting to support senior management and regulatory requirements.
- Assisting with the recruitment and hiring of new staff
- Training of new staff members on the RAISE system and the Annual Review process.
- Motivate and support the professional growth of the team, including creation and execution of development plans, where appropriate.
Let's talk about you!
- Minimum 7 years of experience in underwriting commercial real estate transactions including CMHC-insured multi-unit commercial mortgages
- Post-secondary education (diploma/degree), preferably in business or finance
- Bilingualism is an asset
- Strong leadership and coaching skills with the ability to set strong examples for colleagues
- Working knowledge of AML/ATF regulations and Corporate/Legal documentation (both direct and partner originated transactions) for commercial real estate in multiple jurisdictions across Canada
- Sound technical knowledge of commercial lending, financial statement analysis and factors affecting the Canadian commercial lending environment.
- Detail-oriented individual who possesses a high level of integrity
- Demonstrated service excellence with their field.
- Proven ability to thrive in a constantly changing environment and to perform well in a high volume, high intensity environment
- Proven ability to inspire a team to work toward a set of goals and objectives
- Sound technical knowledge of commercial real estate underwriting, financial statement analysis and factors affecting the commercial mortgage market
- Effective analytical and problem-solving skills
- Strong organizational and time management skills
- Ability to handle multiple competing priorities and make decisions under pressure
- Proficient in MS Office
Job Complexities / Thinking Challenges
Accountability
Key Internal and External Contacts
Physical Demands / Working Conditions
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
Equity, Diversity & Inclusion
EQ is committed to building an inclusive, accessible environment where every employee feels valued, respected, and supported. We believe our organization is stronger — and our people thrive — when we honour and celebrate diverse experiences, identities, and perspectives. We’re equally committed to supporting your growth, both professionally and personally.
We provide a barrier‑free recruitment process and work environment. If you require accommodations at any stage, we will work with you to ensure you can bring your best self to the process and beyond.
As part of our recruitment process, EQ uses AI to help screen, assess, and/or select applicants for this position. All AI-enabled outputs are reviewed and validated by our talent team. All candidates considered for hire must successfully complete a criminal background check and credit check. While we appreciate every application, an EQ recruiter will contact only those whose skills and experience most closely match the requirements of the role.
EQB Inc. (TSX: EQB) is the parent company of Equitable Bank, the country's seventh-largest Schedule I bank by assets, which operates EQ Bank, Canada's Challenger Bank™. EQB Inc. serves nearly 4 million Canadians and manages approximately $150 billion in combined assets under management and administration.
To learn more, visit eqb.investorroom.com and eqbank.ca.



