Mortgage Analyst

Company Name: Canada ICI Capital Corporation
Location: Canada
Posted by:

Cheryl Probert

Cheryl Probert

Top Recruiter Nominee - Canada 2019 * Top 50 Recruiter Award Winner(#30 - Canada)-2018 * Connector * Builder * Recruiter

About Canada ICI

Canada ICI was founded in Edmonton over 25 years ago, with the vision of becoming Canada’s leading commercial real estate financing firm. Bringing together legendary combinations of borrowers and lenders to finance many of Canada’s most iconic commercial developments, the team across Canada uses deep experience, analytics, creativity and perseverance to get deals done!

Why work with us?

Have you ever looked at a new or existing commercial building, like a condominium, an office tower or a shopping mall, and wondered where the funding comes from to make those projects happen?

We may work with large sums of money, but we aren’t a bank! We provide unlimited potential to develop your analytical skill set in the evaluation of every possible commercial real estate transaction that exists. You will collaborate directly with a wide variety of stakeholders to ensure you are helping the team provide the industries’ best financial services offering. 

Do you love a challenge? Do you want to be a part of something much bigger than yourself, with the opportunity to take your career wherever you’d like? Our company includes a dynamic team of talented financial analysts immersed in the transactions that drive our markets. Our environment is fast-paced, innovative and highly collaborative- but we also know we can always be improving; which is why we want to talk to you!

Our Culture

We provide best-in-class service. Period.

We perform our work with integrity, accuracy and push for excellence in everything that we do. Accountability has been a core value since our inception. We recognize the importance and the benefits of a great workplace where we are free to express ourselves, with the opportunity to be heard and contribute. We rely on our employees to innovate and contribute to refining all of our business processes.

While you will work in a fast-paced, innovative and collaborative environment, having fun is another core value at Canada ICI. We contribute to our communities and to our workplace environment through various charitable donations, social events and team excursions which enable us to achieve more together than we can individually.

If you work well on a team, can commit to working hard, and want a position in the center of market activity, Canada ICI would like to speak with you.  

We currently have a full-time, permanent position for a:

Mortgage Analyst

Located in the heart of downtown Winnipeg and reporting to the Managing Director, you will work side-by-side with the Mortgage Origination team to analyze and underwrite commercial mortgage investments and assist in facilitating the funding and ongoing management of the loan.

This is a position that works in a close-knit, team-based environment focusing on delivering high quality market analysis and financial reporting. This position will expose you to a wide variety of commercial real estate transactions and provide exposure to commercial real estate underwriting fundamentals, as well as the opportunity to alongside some of the best minds in the industry.

Responsibilities 

·        Work with our mortgage professionals to analyze and underwrite commercial mortgage investments. 

·        Evaluate the quality of each mortgage investment through analysis of operating statements, rent rolls, financial statements, market data, third party reports, and appraisals. 

·        Preparation of proformas, cash flow models, and project specific underwriting. 

·        Obtain and share market data to entire origination group (market reports from brokerages, CMHC Data, Cost Consultants reports etc.). 

·        Maintain database of market data (ie. comparables for lease rates, vacancy rates, construction costs, etc.) and share with origination group. 

·        Review and summarize all third-party reports (appraisals, BCA’s, Environmental, etc.). 

·        Organize and manage all project related documentation, information, and folders. 

·        Assist Mortgage Origination team in structuring mortgage opportunities based on the investment criteria of over 100 sources of mortgage capital available to Canada ICI. 

·        Completion of an institutional quality Mortgage Investment Brochure. 

·        Preparation of commitment letters for review by the Mortgage Origination team, Lender and the Lender’s solicitor. 

·        Working with the Mortgage Origination team, Borrowers, and Lenders to manage and coordinate the funding process. 

·        Ensure all written and electronic documentation meets compliance requirements, while maintaining highly organized and current data files for all client sales folders. 

·        Build and maintain highly collaborative, mutually respectful relationships internally and externally

·        Actively participate in the creation and maintenance of process and training documentation to support the onboarding and skills development of Analysts across Canada

Qualifications

·        Bachelor of Commerce Degree with a Major in Finance or Accounting is preferred; Bachelor degree in  Economics or Math considered a strong asset

·        Master of Business Administration (MBA) considered an asset but is not required

·        High attention to detail while be required to multi-task and work in a fast-paced environment

·        Strong interpersonal and communication skills

·        Expert level of knowledge in Excel required to include formulas, pivot tables, charting, etc. 

·        Past teamwork, and team player focus and experience required

·        Strong understanding of basic finance modeling, including rates of return, IRR, NPV, and cash flow modeling (existing underwriting skills would be an asset.)

·        Clear understanding of cash flow statements, preparation and analysis. 

·        2-3 years of experience in the Commercial Real Estate Industry is preferred; knowledge of     

      Real Estate or Finance Industry a definite asset

• Seniority level

  Entry level

• Employment type

  Full-time

• Job function

  FinanceAnalystGeneral Business

• Industries

  Commercial Real EstateFinancial ServicesResearch