Senior Financial Analyst

1 month ago


Burnaby, British Columbia, Canada BC Housing Full time

Job Summary

The Manager, Lending Services provides leadership in designing and developing financial and development risk analysis in the areas of financial modelling and analysis, development feasibility, capital sourcing, and business case and legal support for housing development and re-development projects.

Key Responsibilities

  • Provide direction in the review of mortgage documentation for Development and Asset Strategies, Building Envelope Repair projects, and Provincial Infrastructure Grant Projects.
  • Evaluate the feasibility and risk of housing projects and develop strategies for the mitigation of ownership, funding, and financial risks to the Commission.
  • Lead the negotiations with partners, housing providers, municipalities, developers, and others to ensure projects are structured properly and are financially viable with appropriate capital structure and sourcing.
  • Work closely with the Mortgage Administration and Development and Asset Strategies staff regarding the provision of construction lending, mortgage financing and legal administration services, and monitor any changes to the risk profile throughout the life cycle of the project and recommend strategies to reduce risk as required.
  • Lead and contribute to the development of risk management methodologies, processes, models, and systems to facilitate the ongoing identification, evaluation, monitoring, and mitigation of risk to the Commission.

Requirements

  • Bachelor's degree in Business Administration, Urban Land Economics, or other relevant discipline.
  • Extensive well-rounded experience in commercial/multi-unit construction underwriting.
  • Or an equivalent combination of education, training, and experience acceptable to the Employer.
  • Considerable knowledge and understanding of the structuring and financing of social housing and market rental developments involving multiple partners.
  • Considerable knowledge and understanding of risk modelling, and the ability to assess risk and develop a comprehensive risk profile for each project.
  • Ability to learn and understand departmental policies and procedures and of the Commission's mandate and programs.
  • Ability to work in a team environment and facilitate creative thinking with respect to the best use of development properties, forms of ownership, financing structures, and strategies for mitigation of risk.
  • Ability to establish a high level of rapport with DAS staff, housing development partners, and stakeholders.
  • Ability to analyze complex corporate financial statements and business operational information, quickly grasp the linkages and implications, and make quick but effective decisions.
  • Ability to lead, coach, and motivate staff in a team setting.
  • Excellent organizational, research, analytical, and problem-solving skills.
  • Excellent written and verbal communication skills.
  • Excellent consultative, facilitation, leadership, and interpersonal skills.

Indigenous candidates are welcome to connect with an Indigenous team member in our organization to discuss the recruitment process and our workplace, please contact to arrange a call.



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