Senior Associate, Underwriting and Portfolio Management
Located Downtown Toronto – possibility for hybrid
Competitive salary plus bonus and great bene
Our client, a non-bank lender specializing in real estate loans, is looking for a Senior Associate to join their Underwriting and Portfolio Management team. There is almost no lender offering the type of growth that this company is offering. With a great downtown Toronto office and excellent culture, you should apply now.
Responsibilities:
- Analyze a variety of commercial real estate transactions including, but not limited to, land, construction, office, retail, industrial, residential and hospitality
- Under the guidance of the Director, complete detailed Loan Summaries for submission and approval to Investors, which includes disciplined underwriting, thorough market research and accurate transaction representations
- Ensure all required due diligence material is obtained and reviewed, and is consistent with preliminary underwriting, deal structure, and Investor approval and/or, where applicable, advise Director of any material discrepancies
- Correspond with the borrower, mortgage and real estate brokers, and other industry professionals to validate and further substantiate the 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 in order to substantiate value and profitability of loan transactions
- Review financial statements, credit reports and other financial data relevant to the borrower and transaction
- Identify risks and mitigants related to the loan transactions and the borrower, and make recommendations to Director
- Prepare commitment letters consistent with underwriting and approved deal structure, and, when required, prepare memos and amendments related to changes from the approved deal structure
- Provide potential investment partners with underwriting and transaction materials to support syndication activities;
- Review & make recommendations on Cost Consultant’s progress draw reports;
- Send out Call for Funds to Investors once approved
Qualifications:
- Post-secondary Degree in Commerce, Business Administration, Economics, or Finance with an educational focus on Real Estate or Land Development, or equivalent (required)
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- 2-4 years of related work experience in the real estate lending industry (required)
- Superior communication skills (written and verbal) and acute attention to detail
- Expertise in the use of Word, Excel, Office, and PowerPoint
- MBA, CFA, CSC considered an asset
If you are interested in applying for this opportunity, please email your resume to laikyn@winchesters.ca. Unfortunately, due to the high volume of applicants, only those individuals chosen for interview will be contacted.