Mortgage Investments Associate
3 days ago
Cameron Stephens is a leading commercial real estate investment manager, recognized for its commitment to excellence and innovative approach to debt and equity financing solutions. With a 20-year track record of success, the firm has established itself as a trusted partner in the industry.
Competitive Salary and BenefitsWe offer a competitive salary and bonus structure, comprehensive medical benefits, health care spending account, annual fitness allowance, RRSP matching program, tuition reimbursement program, professional development opportunities, and company-wide team building events.
Job Description: Mortgage Investments AssociateKey Responsibilities- Analyze and structure competitive transactions for mortgage product types, including land loans, cost-to-complete construction loans, revolving construction loans, servicing loans, inventory loans, and amortizing term loans.
- Work closely with the origination department to prepare high-quality term sheets and deal summaries for credit and investor approval.
- Assist the origination department in preparing and issuing letters of intent to clients.
- Build relationships with borrowers to understand their needs and work cohesively with the origination department to ensure timely and efficient transaction processing.
- Collaborate with the underwriting and portfolio management team to ensure accurate loan summaries and funding.
- Establish personal goals and action plans to support business objectives and demonstrate ongoing willingness to assume higher degrees of accountability and responsibility.
- Analyze various commercial real estate transactions, including office, retail, industrial, residential, hospitality, and land properties.
- Complete detailed term sheets and deal summaries for submission and approval to investors, incorporating creative and disciplined underwriting, thorough market research, and accurate transaction representations.
- Correspond with originators, borrowers, mortgage brokers, and other industry professionals to validate and further substantiate underwriting assumptions and gain a better understanding of particular markets and asset classes.
- Perform modeling and quantitative analysis related to real estate developments, income-producing properties, and other real estate assets to substantiate value and profitability of loan transactions.
- Review applicants' credit worthiness by analyzing personal net worth statements, financial statements, credit reports, and other relevant financial data.
- Identify risks and mitigants related to loan transactions and borrowers, making recommendations to the Director and Originator.
- Post-secondary degree in commerce, business administration, economics, or finance with an educational focus on real estate or land development.
- At least three years of related work experience in the real estate lending industry, with Western Canada experience preferred.
- Strong personal commitment to professional development.
- Good knowledge of finance and a keen interest in the Canadian real estate market/development industry.
- Excellent communication, presentation, interpersonal, and team skills.
- Excellent attention to detail.
- Ability to work independently with confidence and strong commitment to borrower/client service.
- Demonstrated capacity for increasingly complex workloads.
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