Commercial Real Estate Lending Specialist

4 hours ago


Old Toronto, Canada Vertical Real Estate Services Full time

About Vertical Real Estate Services

We're a leading provider of commercial real estate services, dedicated to helping purpose-driven businesses and organizations create, grow and foster change.

As a Commercial Real Estate Lending Specialist, you will play a critical role in growing and managing our portfolio of loans to values-aligned social purpose real estate projects, including term and construction financing of market rental housing, affordable housing, green buildings, and community spaces.

You will join a small, diverse team of entrepreneurial, purpose-driven individuals, and contribute your expertise in credit underwriting and portfolio management with a specialized lens on real estate finance.

The Commercial Real Estate Lending Specialist will provide expertise to support the growth and administration of our commercial mortgage business. You will be responsible for supporting the origination team on new transactions, renewals, and annual reviews ensuring adherence to commercial credit policy, standards, and guidelines while fostering a culture of respect, trust, and integrity.

Maintaining consistent, objective, and sound risk assessments is essential in a service-oriented environment. Resourcefulness is key - you understand and utilize the network of resources available to you and can independently formulate appropriate solutions.

Key Responsibilities:

  • Complete underwriting analysis of commercial mortgage transactions for term and construction facilities, including detailed analysis of the real estate security, borrower, and loan terms to ensure all files meet industry and company regulatory requirements.
  • Assess suitability, review risks, complete due diligence requirements on commercial mortgage transactions in accordance with our risk appetite.

Requirements:

  • Bachelor's degree and/or Master's degree in business, economics, finance, or related field.
  • Minimum 3 years of real estate financing or related experience.
  • Knowledge of the Ontario commercial real estate market, and experience and/or strong interest in advancing social purpose and sustainable real estate.
  • Strong interpersonal and writing skills.
  • Experience in commercial credit underwriting and evidence of strong business and financial analytical skills.
  • Strong English communication skills (oral and written).
  • Business banking experience is an asset.

Salary: $80,000 - $110,000 per annum, depending on experience and qualifications. We offer a competitive benefits package, including 13 statutory holidays, care days for short-term personal illness or emergency family illness, and opportunities to take unpaid leave for various reasons.

At Vertical Real Estate Services, we're committed to creating a welcoming and inclusive workplace that helps our people and communities thrive and prosper. Diversity in our workforce is integral to representing, understanding, and responding to our community needs and delivering on our member experience.



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