Mortgage Analyst
Canada ICI Capital Corporation is the country's leading commercial real estate finance firm, and they are seeking a Mortgage Analyst to join their team. The role involves delivering high-quality market analysis and financial reporting while working closely with mortgage professionals to evaluate commercial mortgage investments.
Responsibilities
- Work with our mortgage professionals to analyze commercial mortgage investments
- Evaluate the quality of the mortgage investment through analysis of operating statements, rent rolls, financial statements, market data, third party engineering reports, and appraisals
- Preparation of proformas, cash flow models, and project specific underwriting
- Obtain and share market data to entire origination group (market reports from brokerages, CMHC Data, Cost Consultants reports, data platforms etc.)
- Review and summarize all third-party reports (appraisals, BCA’s, Environmental, etc.)
- Organize and manage all project related documentation, information, and folders
- Assist Mortgage Origination team in structuring mortgage opportunities based on the investment criteria of over 100 sources of mortgage capital available to Canada ICI
- Complete institutional quality Mortgage Investment Brochures
- Work with the Mortgage Origination team to manage and coordinate the funding process
- Ensure all written and electronic documentation meets compliance requirements, while maintaining highly organized and current data files for all client sales folders
- Establish relationships with third party report providers (appraisers, engineers, cost consultants)
- Work with origination group to obtain documents from clients
- Communicate professionally and efficiently with origination group, clients, analyst team, and other industry contacts
Skills
- Bachelor of Commerce Degree (Major in Finance, Economics or Math); or MBA
- 1 year of experience in the Commercial Real Estate Industry is considered an asset
- Strong understanding of basic finance modeling, including rates of return, IRR, NPV, and cash flow modeling
- Excellent financial analysis research and underwriting skills
- Strong interpersonal and communication skills
- Clear understanding of cash flow statements, preparation and analysis
- High attention to detail
- Ability to multi-task and work in a fast-paced environment
- Expert level of knowledge in Excel required to include formulas, pivot tables, charting, etc
- Past teamwork, and team player focus, and experience required
- Applicable provincial mortgage license is considered an asset, or you must be willing to start working on it after your first 6 months of employment
- Knowledge of Real Estate or Finance Industry is an asset
Benefits
- Discretionary bonus.
- Comprehensive benefits package, which includes extended health care (with paramedical coverage), dental, health spending account, Employee & Family Assistance Program as well as life & disability insurance.
- Fast-track career growth within Canada ICI.
- Mentorship from some of the strongest Analysts and Originators within the commercial real estate industry.
- Matching RRSP Program.
- Opportunities for professional development and certifications.
Company Overview