Bilingual Commercial Loan Analyst

**Bilingual Commercial Loan Analyst**
**MCAP at a Glance**
Joining MCAP means you will be a part of our diverse workforce of highly talented individuals who are recognized for their expertise and success At MCAP, your professional expertise, commitment to teamwork and passion for service excellence are recognized and rewarded with competitive total rewards offering, a career with continuous learning and development (formal & informal training), and exciting opportunities in a dynamic, entrepreneurial environment.
**The Role**

This position is responsible for the underwriting of both conventional and CMHC loans that are generated by the Commercial Relationship Managers and approved by the Senior Director of Investment Management.

The Senior Commercial Loan Analyst will provide advanced level support to both the Senior Director of Investment Management and the Commercial Relationship Managers by structuring, underwriting and conducting in depth assessments of credit worthiness and loan quality on commercial loans.

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KEY RESPONSIBILITIES*
**_Preparation of Loan Submissions and Term Sheets for assigned deals_**
- **_ _**Obtain all relevant information, i.e. rent roll, financial statements, invoices, property management contract, leases, appraisal, environmental site assessment, building condition assessment, etc. required to complete in-depth loan analysis.
- Review appraisal, environmental site assessment and building condition assessment reports and opine on any issues.
- Summarize all property details, figures and analysis into a Loan Summary to be circulated to Investor Credit Committee for review and approval
- Complete in depth loan analysis/underwriting for both conventional and CMHC loans supported by appropriate due diligence and a well-reasoned recommendation.
- Take a solution focused approach to underwriting by offering alternative structures and/or funding conditions/solutions as appropriate.
- Review credit packages prior to submission for policy compliance, structural soundness and credit weakness
- Follow up and assist the loan funding and/or asset management teams as required.

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Prepare financial review and assessment on property value and property condition_*
- **_ _**Perform property inspections where required and complete MCAP’s Property Inspection form.
- Explain any discrepancies between outsourced inspection and own assessment
- Perform estimate of property value and confirmation of third party property value provided
- Prepare term sheet/letter of intent

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Prepare Commitment Letter_*
- **_ _**Prepare a Loan Commitment Letter for submission to the broker or borrower outlining the terms and conditions reflecting the loan approval

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Support Loan Funding and Sales_*
- **_ _**Coordinate rate sets with Borrower, MCAP Capital Markets and Investors
- Issue and negotiate mortgage term sheet and other documents required to effect a loan sale under the supervision of the Senior Director of Investment Management
- Maintain and update the business pipeline to ensure accurate funding dates
- Work with the Senior Director of Investment Management as assigned on project specific due diligence programs

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**_Provide market data support for borrower/broker, Investment Management and investor clients as directed_**
- **_ _**Research and maintain records relating to market conditions (e.g. vacancy rates, rental rates, cap rates, property values)
- Present market information to borrower and investor clients
- Significant contact with borrowers, CMHC, mortgage brokers, real estate brokers, appraisers and other professionals required. Ability to communicate effectively in order to maintain strong relationships, with a focus on the growth of MCAP’s commercial loan portfolio

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What You Bring To The Team*
- Must be bilingual in French, written and verbal skills required
- 3-5 years’ experience in a commercial underwriting capacity.
- 3-5 years of experience working with CMHC policies and procedures related to multi-unit residential property
- Knowledge of financial statement analysis
- Knowledge of conventional, commercial loan underwriting for office, retail, industrial, and other forms of commercial real estate
- In depth market knowledge of commercial real estate, as it relates to office, retail, industrial and multi-unit residential market trends, transactions, pricing and cap rates.
- Solid experience in analyzing AACI Appraisals, Environmental Reports (Phase I/II etc), Building Condition reports and other reports relating to commercial real estate finance
- Proficient with MS Word, MS Excel, MS PowerPoint
- A bachelor degree in business/commerce or related

If this sounds like you and you are looking to be a part of one of Canada’s largest independent mortgage finance companies in Canada, then we want to hear from you
**Be A Part Of Something Great**

MCAP is Canada’s largest independent Mortgage Finance company with over $140 billion in assets under management providing mortgage