Mortgage Analyst
$70,000 base plus 40% bonus, great benefits
Downtown, Toronto (5 days in office)
Our client is one of Canada's best institutional mortgage brokerage and advisory firms. The company originates and structures unique financing solutions for real estate companies in the form of CMHC, mezzanine, construction, bridge and term loans. They are actively looking to find a new analyst for the mortgage underwriting team. If you have some experience in real estate deal underwriting and commercial mortgage underwriting, apply now!
Key Responsibilities:
- Collaborate with mortgage professionals to assess commercial mortgage investment opportunities.
- Analyze financial documents, including operating statements, rent rolls, and market data, alongside third-party reports such as appraisals and engineering assessments.
- Develop proformas, cash flow models, and detailed project underwriting documents.
- Research and share market insights, including brokerage reports, and cost consultancy findings, with the team.
- Maintain an up-to-date database of market trends and comparable, including lease rates, vacancy rates, and construction costs.
- Review and summarize external reports such as appraisals, environmental studies, and building condition assessments.
- Organize and manage documentation, ensuring accurate and efficient record-keeping.
- Assist in structuring mortgage opportunities that align with diverse investment criteria.
- Prepare polished Mortgage Investment Brochures and commitment letters for team and client review.
- Build and maintain relationships with third-party providers, including appraisers, engineers, and consultants.
Required Qualifications:
- Bachelor’s degree in Commerce, Finance, Economics, or Math (MBA is a strong asset).
- 1-3 years of experience in commercial real estate (preferred).
- Strong knowledge of financial modeling, including IRR, NPV, and cash flow analysis.
- Willingness to obtain a provincial mortgage license within six months if not already licensed.
- Strong understanding of cash flow statements and financial analysis.
- Advanced proficiency in Excel, including functions, pivot tables, and charting.
- Familiarity with the real estate or finance sectors is an advantage.
If you are interested in learning more about this opportunity, please apply now or email your resume in confidence to laikyn@winchesters.ca. Unfortunately, due to the high volume of applicants, only those selected for an interview will be contacted.
