Mortgage Analyst

5 months ago


Toronto, Canada Canada ICI Capital Corporation Full time

We are looking for interesting, independent thinkers and doers who can help shape the culture of a forward-looking company that's proud of its legacy.

The **Mortgage Analyst** works in a team-based environment focusing on delivering high quality market analysis and financial reporting. This position will expose the analyst to a wide variety of commercial real estate transactions and provide an industry leading exposure to commercial real estate underwriting fundaments.

This position will report to the National Director, Mortgage Underwriting in Toronto, Ontario.

**This Position Offers**
- Competitive annual salary plus 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;
- Growth opportunities within Canada ICI;
- Mentorship from some of the strongest Analysts and Brokers within the commercial real estate industry.

**Responsibilities**
- Work with mortgage professionals to underwrite and 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 etc.).
- Maintain database of market data (ie. comparables for lease rates, vacancy rates, construction costs, etc.) and share with origination group.
- Review and summarize all third-party reports (appraisals, 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.
- Completion of an institutional quality Mortgage Investment Brochure.
- Preparation of commitment letters for review by the Mortgage Origination team, Lender and the Lenders solicitor.
- Working with the Mortgage Origination team to manage and coordinate the funding process.
- Liaising between Borrowers and Lenders to process the closing of the deal.
- 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).

**Qualifications**
- Bachelor of Business Administration or Economics preferred (Finance, Accounting, or Economics).
- Commercial Real Estate experience is preferred, but not required.
- Knowledge of Real Estate and/or Finance Industry is an asset.
- Strong understanding of basic financial modeling, including NPV, IRR, and cashflow modeling.
- Expert level of knowledge required to include formulas, pivot tables, charting, etc.
- Excellent comprehension and analysis of financial statements.
- Strong interpersonal and communication skills.
- High attention to detail.
- Adobe InDesign software experience is valuable but not necessary.

**About Canada ICI**:
Canada ICI is the country's leading commercial real estate finance firm, annually arranging financing in excess of $6.9 Billion through its offices in Toronto, Vancouver, Montreal, Calgary, Edmonton, Ottawa, and Winnipeg. Our proven track record, extensive market knowledge, and ability to creatively bring quality deals together have made us a trusted advisor for some of Canada's most active real estate owners.

**Want to Learn More?**:
While we thank all applicants for their interest, only those individuals selected for an interview will be contacted.


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