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Senior Underwriter

Job in Ottawa, Ontario, Canada
Listing for: Laurentian Bank
Full Time position
Listed on 2026-07-14
Job specializations:
  • Finance & Banking
    Financial Analyst, Risk Manager/Analyst, Underwriter, Credit Analyst
Salary/Wage Range or Industry Benchmark: 90000 - 130000 CAD Yearly CAD 90000.00 130000.00 YEAR
Job Description & How to Apply Below

The Senior Underwriter will assist the Senior Manager in the risk management of the financing portfolio. This role requires assimilation of knowledge necessary to understand, prepare and write commercial credit files within the Commercial Banking Group, and to provide input into business model analysis, financial analysis, risk analysis and collateral evaluation. The Senior Underwriter serves as a key resource to the Account Manager and the Assistant Vice President.

Responsibilities
  • Input client financial statements and financial projections into the risk rating tool.
  • Perform financial analysis from the financial statements and projections, perform sensitivity analysis and make comparisons with industry standards for the sector.
  • Identify and analyze risks associated with the client’s business.
  • Complete underwriting of new transactions, annual file reviews and amendments within prescribed time frames.
  • Follow up on client portfolio irregularities and collateralization in accordance with credit authorization requirements.
  • Participate in meetings or conference calls with clients.
  • Be involved in integrity and compliance processes (code of conduct, internal policies).
  • Perform work according to specific practices, policies and objectives while complying with applicable legislation, Bank policies, programs and procedures.
Qualifications
  • University education in Finance, Accounting or a related field.
  • Minimum of 3 to 5 years experience in a related field.
  • Intellectual curiosity and critical thinking skills.
  • Strong interest in Finance and good analytical skills.
  • Attention to detail and meticulousness.
  • Ability to produce quality written correspondence.
  • Sense of collaboration and proactive spirit.
  • Good resourcefulness and ability to manage priorities.
  • Ability to manage multiple files/projects simultaneously.
  • Good oral and written communication skills.
  • Professional working proficiency in French and English.
  • Knowledge of the Office suite.
Benefits

The total compensation offered by Laurentian Bank encompasses a comprehensive range of benefits, highlighting our commitment to the well‑being and success of our employees.

  • The actual annual base salary offered will take into account internal equity, skills, and experience among other factors.
  • Total compensation – Earn a comprehensive compensation package that includes annual reviews and performance‑based bonuses.
  • Work model – We prioritize a hybrid work model based on business needs.
  • Stock purchase plan – Become not just an employee, but a Laurentian Bank shareholder. Employer matching takes your investment even further.
  • Time off – In addition to paid vacation, we provide floating days and leave options to accommodate the diverse needs of our employees. Plus, you also get a paid day off to celebrate your birthday.
  • Health and wellness – Take care of your health and well‑being with access to healthcare professionals, our Employee and Family Assistance Program (EFAP), and a Stress Management and Well‑Being Program.
  • Group insurance and pension – We offer a competitive insurance program based on your family’s needs and a defined contribution pension plan to help prepare for your future.
  • Financial benefits – As a Laurentian Bank employee, you’re also the best ambassador for our products and services. Take advantage of employee‑only offers on a wide range of products. Enjoy exclusive deals and preferred rates on products and services including insurance, hotels, train tickets, spas and many more.
Inclusion and Accessibility

At Laurentian Bank, we believe everyone belongs. We are committed to fostering an inclusive work environment that reflects the diversity of our customers and our communities and where everyone feels like they belong and can thrive. To this end, we encourage applications from individuals from equity‑deserving groups, including Indigenous persons, racialized and persons with disabilities, marginalized genders and the 2

SLGBTQIA+ community.

We strive to offer a flexible and accessible work experience that is inclusive of everyone. If at any time you need an accommodation, please let us know.

PIPEDA

We may collect, use or disclose your personal information for the purpose of establishing an employment relationship with you.

We also use artificial intelligence (AI) tools during parts of our recruitment process to support fair and efficient hiring decisions.

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Position Requirements
10+ Years work experience
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