Manager, Mortgage Underwriting

1 month ago

Waterloo, Canada MarshallZehr Full time

412 ALBERT STREET, WATERLOO, ONTARIO, CANADA, N2L 3V3

FULL-TIME. FEBRUARY 16, 2023

Description

**Manager, Mortgage Underwriting & Funding**

**Who is MarshallZehr?**

**MarshallZehr Group Inc (“MZ”) **provides mortgage lending and customized financial solutions for high-performing real estate developers. With $3.8B of fundings over 370+ projects, MarshallZehr has become one of Canada’s most trusted capital partners for the growing construction and development industry. We add value beyond capital - our team’s decades of experience and deep expertise deliver the strategic insight and vision necessary to craft tailored financial solutions, all backed by our proprietary administration technology platform.

**The Opportunity**

We are looking for a Manager, Mortgage Underwriting & Funding to support MZ’s Project Management group and the day to day management of MZ’s loan portfolio. The manager will be responsible for updating MZ’s cashflow forecasting tools, assisting in the completion of project loan advances, review and tracking of mortgage discharges, lender correspondence, and supporting with compliance management.

**The Role**
- Project Evaluation and Underwriting
- o Obtaining and evaluating Borrower project specific financing information (i.e. budget, anticipated cashflows, valuations, Borrower credit status, capital structure, security, sales, market, cost comparables, overall risk profile, etc.) with sophisticated financial models/databases for prospective project/financing opportunities. This also includes providing in-depth research materials to support market conditions and potential legislative/regulatory changes impacting potential or existing projects.
- o Researching and evaluating project analysis provided by Business Development team or questions as required by Senior Management.
- o Communicate with the Borrower and Lender stakeholders/clients to outline project strengthens and weakness and respond to questions as necessary.
- o Review loan documents.
- o Aid in the execution of the financing transaction closings as required.
- Project Monitoring/Loan Compliance
- o Lead the progress funding function by working with the Borrower and Cost Consultants to complete progress advances of development/construction loans.
- o Assist team in ongoing monitoring of project performance against loan agreements, budget, timelines and key metrics.
- o Assist in the development and maintenance processes to identify or forecast potential issues, highlight and solve these concerns with the Business Development and Senior Management teams.
- o Continue to evaluate options which would create value for either the Borrower or Lender through reduced costs or improved risk mitigation.
- Reporting
- o Provide regular project reporting re. anticipated transaction closings and fundings and repayments, stage of completion, loan compliance, and other analysis as required for the purpose of forecasting Treasury requirements.
- o Assemble due diligence materials and professional marketing materials for presentation to prospective Lender clients.
- o Assist with Accounting and Financial Reporting for the MarshallZehr related entities as required.

**What Are We Looking For?**
- Excellent oral and written communication skills with the ability to effectively communicate across all levels within, as well as outside the organization
- Strong analytical skills including proficiency in Excel modelling
- Excellent time management skills
- Post Secondary Degree in the following is an asset:

- Commerce/Finance/Economics
- Business Administration
- Urban Planning & Development
- Will be required to obtain mortgage agent license with FSRA (paid for by MarshallZehr)
- Experience in Commercial Lending, Asset Management, Real Estate Development, Underwriting, or Cost Consulting/Project Monitoring an asset

**Work Environment**
- MZ offices are open Monday to Friday and employees are expected to work on site a minimum of 4 days per week, with the option of working remotely 1 day per week, as agreed to by the direct supervisor.
- Our Waterloo office has 16,000 square feet of modern and accessible space and has been specially updated and tailored to meet our business needs. The result is a world-class workspace that empowers deep collaboration, reinforces business operations with state-of-the-art technology infrastructure, and offers more space to enable our sustained team expansion.

  • Mortgage Underwriter

    3 days ago

    Waterloo, Canada Manulife Full time

    **_We are a _**_leading financial services provider committed to making decisions easier and lives better for our customers and _**_colleagues around the world. From our environmental initiatives to our community investments, we lead with values throughout our business. _**_To help us stand out, we help you step up, because when colleagues are healthy,...

  • Mortgage Underwriter

    1 week ago

    Waterloo, Canada Manulife Full time

    **_We are a _**_leading financial services provider committed to making decisions easier and lives better for our customers and _**_colleagues around the world. From our environmental initiatives to our community investments, we lead with values throughout our business. _**_To help us stand out, we help you step up, because when colleagues are healthy,...

  • Manager, Mortgage Underwriting

    4 days ago

    Waterloo, Canada MarshallZehr Full time

    **Manager, Mortgage Underwriting & Funding** **Who is MarshallZehr?** **MarshallZehr Group Inc (“MZ”)** provides mortgage lending and customized financial solutions for high-performing real estate developers. With $3.8B of fundings over 370+ projects, MarshallZehr has become one of Canada’s most trusted capital partners for the growing construction...

  • Manager, Mortgage Operations

    2 months ago

    Waterloo, Canada MarshallZehr Full time

    **Manager, Mortgage Operations** **Who is MarshallZehr?** **MarshallZehr Group Inc (“MZ”)** provides mortgage lending and customized financial solutions for high-performing real estate developers. With $3.8B of fundings over 370+ projects, MarshallZehr has become one of Canada’s most trusted capital partners for the growing construction and...

  • Manager, Mortgage Operations

    3 days ago

    Waterloo, Canada MarshallZehr Full time

    **Manager, Mortgage Operations** **Who is MarshallZehr?** **MarshallZehr Group Inc (“MZ”)** provides mortgage lending and customized financial solutions for high-performing real estate developers. With $3.8B of fundings over 370+ projects, MarshallZehr has become one of Canada’s most trusted capital partners for the growing construction and...

  • Manager, Mortgage Operations

    5 days ago

    Waterloo, Canada MarshallZehr Full time

    **Manager, Mortgage Operations** **Who is MarshallZehr?** **MarshallZehr Group Inc (“MZ”)** provides customized construction and development financial solutions for high-performing real estate developers. Since 2008, MarshallZehr has grown to become one of Canada’s most trusted real estate capital partners. We add value beyond capital - our team’s...

  • Manager, Mortgage Operations

    2 months ago

    Waterloo, Canada MarshallZehr Full time

    **Manager, Mortgage Operations** **Who is MarshallZehr?** **MarshallZehr Group Inc (“MZ”)** provides customized construction and development financial solutions for high-performing real estate developers. Since 2008, MarshallZehr has grown to become one of Canada’s most trusted real estate capital partners. We add value beyond capital - our team’s...

  • Manager, Mortgage Operations

    2 months ago

    Waterloo, Canada MarshallZehr Full time

    412 ALBERT STREET, WATERLOO, ONTARIO, CANADA, N2L 3V3 FULL-TIME. APRIL 24, 2023 Description **Manager, Mortgage Operations** **Who is MarshallZehr?** **MarshallZehr Group Inc (“MZ”) **provides mortgage lending and customized financial solutions for high-performing real estate developers. With $3.8B of fundings over 370+ projects, MarshallZehr has...

  • Manager, Mortgage Operations

    3 days ago

    Waterloo, Canada MarshallZehr Full time

    412 ALBERT STREET, WATERLOO, ONTARIO, CANADA, N2L 3V3 FULL-TIME. MARCH 17, 2023 Description **Manager, Mortgage Operations** **Who is MarshallZehr?** **MarshallZehr Group Inc (“MZ”) **provides mortgage lending and customized financial solutions for high-performing real estate developers. With $3.8B of fundings over 370+ projects, MarshallZehr has...

  • Manager, Mortgage Operations

    1 month ago

    Waterloo, Canada MarshallZehr Full time

    412 ALBERT STREET, WATERLOO, ONTARIO, CANADA, N2L 3V3 FULL-TIME. AUGUST 21, 2023 Description **Manager, Mortgage Operations** **Who is MarshallZehr?** **MarshallZehr Group Inc (“MZ”) **provides customized construction and development financial solutions for high-performing real estate developers. Since 2008, MarshallZehr has grown to become one of...

  • Manager, Mortgage Operations

    1 month ago

    Waterloo, Canada MarshallZehr Full time

    412 ALBERT STREET, WATERLOO, ONTARIO, CANADA, N2L 3V3 FULL-TIME. MAY 29, 2023 Description **Manager, Mortgage Operations** **Who is MarshallZehr?** **MarshallZehr Group Inc (“MZ”) **provides customized construction and development financial solutions for high-performing real estate developers. Since 2008, MarshallZehr has grown to become one of...

  • Manager, Mortgage Operations

    1 month ago

    Waterloo, Canada MarshallZehr Full time

    412 ALBERT STREET, WATERLOO, ONTARIO, CANADA, N2L 3V3 FULL-TIME. JULY 28, 2023 Description **Manager, Mortgage Operations** **Who is MarshallZehr?** **MarshallZehr Group Inc (“MZ”) **provides customized construction and development financial solutions for high-performing real estate developers. Since 2008, MarshallZehr has grown to become one of...

  • Manager, Mortgage Operations

    1 month ago

    Waterloo, Canada MarshallZehr Full time

    412 ALBERT STREET, WATERLOO, ONTARIO, CANADA, N2L 3V3 FULL-TIME. APRIL 5, 2024 Description **Manager, Mortgage Operations** **Who is MarshallZehr?** **MarshallZehr Group Inc (“MZ”) **provides customized construction and development financial solutions for high-performing real estate developers. Since 2008, MarshallZehr has grown to become one of...

  • Manager, Mortgage Operations

    1 month ago

    Waterloo, Canada MarshallZehr Full time

    412 ALBERT STREET, WATERLOO, ONTARIO, CANADA, N2L 3V3 FULL-TIME. JUNE 29, 2023 Description **Manager, Mortgage Operations** **Who is MarshallZehr?** **MarshallZehr Group Inc (“MZ”) **provides customized construction and development financial solutions for high-performing real estate developers. Since 2008, MarshallZehr has grown to become one of...

  • Manager, Mortgage Operations

    1 month ago

    Waterloo, Canada MarshallZehr Full time

    412 ALBERT STREET, WATERLOO, ONTARIO, CANADA, N2L 3V3 FULL-TIME. JUNE 5, 2023 Description **Manager, Mortgage Operations** **Who is MarshallZehr?** **MarshallZehr Group Inc (“MZ”) **provides customized construction and development financial solutions for high-performing real estate developers. Since 2008, MarshallZehr has grown to become one of...

  • Manager Underwriting

    3 days ago

    Waterloo, Canada Manulife Full time

    We are a leading financial services provider committed to making decisions easier and lives better for our customers and colleagues around the world. From our environmental initiatives to our community investments, we lead with values throughout our business. To help us stand out, we help you step up, because when colleagues are healthy, respected and...

  • Mortgage Agent/broker

    3 days ago

    Kitchener-Waterloo, Canada Breezeful Full time

    **Who are we?** **Nationwide**: Breezeful is Canada's tech-enabled mortgage brokerage operating in Ontario, British Columbia, Alberta, New Brunswick, Saskatchewan and Nova Scotia. Our aim is to provide a convenient and efficient way for mortgage agents to build their business both in person and online. **Training**: Breezeful Academy, Canada’s #1...

  • Mortgage Administrator

    1 week ago

    Waterloo, Canada Manulife Full time

    **_Are you looking for a supportive, collaborative workplace with great teams and inspiring leaders? You’ve come to the right place. We’re looking for ambitious people who share our values and want to make every day better for people around the world. If this sounds like you, and the career below sounds exciting, we’d like to hear from you....

  • Manager Underwriting

    5 days ago

    Waterloo, Canada Manulife Insurance Malaysia Full time

    time type Full time posted on Posted Yesterday job requisition id JR24030933 We are a leading financial services provider committed to making decisions easier and lives better for our customers and colleagues around the world. From our environmental initiatives to our community investments, we lead with values throughout our business. To help us...

  • Manager Underwriting

    5 days ago

    Waterloo, Canada Manulife Insurance Malaysia Full time

    time type Full time posted on Posted Yesterday job requisition id JR24030933 We are a leading financial services provider committed to making decisions easier and lives better for our customers and colleagues around the world. From our environmental initiatives to our community investments, we lead with values throughout our business. To help us...