Analyst, Construction Finance

Toronto, ON, Canada

Job Description


Description :Analyst, Construction FinanceToronto, ON; Vancouver, BC; or Calgary, ABSalary Range: $55,000 - $65,000 yr.CMLS Financial, one of Canada\xe2\x80\x99s largest commercial mortgage lenders, is looking for an Analyst to join our growing Construction Finance group. Specific activities include; loan structuring, obtaining investor approval, loan advance support and monitoring throughout the construction period.Reporting to the Vice President & Managing Director, CMHC Multifamily, you will be joining a hardworking and dynamic team of Analysts, Funders and Account Managers.About the Role:

  • Obtain and evaluate construction project specific financing information (i.e. budget, anticipated cash flows, valuations, borrower credit status, capital structure, security, sales, market, cost comparables, overall risk profile, etc.) for construction loans from original underwriting through to funding
  • Create and review loan documents including mortgage presentation and commitment letters
  • Communicate with clients regarding all internal and external questions
  • Assist with and analyze on-going construction loan draws, cross-referencing budgets, and ensuring applicable undertakings are satisfied per the loan Commitment Letter
  • Liaise and coordinate with CMLS Funders and Servicing team as well as third-party consultants including Quantity Surveyors and Solicitors to ensure loan conditions are met
  • Provide regular project reporting, including anticipated funding dates, project stage of completion, and other analysis as required
This role is for you if:
  • You have completed an undergraduate degree in one of the following concentrations: business administration, accounting, finance, or real estate
  • You are looking for career growth within a well-established commercial mortgage lender
  • You are very results-driven and possess strong organizational skills with a high attention to detail
  • You take ownership of your work and demonstrate a high degree of accountability and commitment at all times
  • You are able to source and interpret complex data and drive fact-based analysis
  • You have a proven ability to work both independently and collaboratively with a team within a fast paced, deadline driven environment
  • You have a passion for real estate and/or commercial lending. An understanding of construction development is also considered an asset
Benefits and PerksSome of the benefits we offer at CMLS are:
  • Health and Wellness Spending Accounts
  • Health, Drug, Vision, and Dental benefits
  • Paid vacation, sick days, and personal days (in addition to all civil and statutory holidays)
  • RRSP Matching Program
  • Maternity / Parental Leave Top Up Program
  • Discounted gym memberships
  • Travel assistance and EAP
  • Business Casual dress code
  • Company social events + sport teams
  • Hybrid work arrangements and telecommuting opportunities
  • And more!
Who are we?Established in 1974, CMLS Financial is the leading provider of capital solutions for commercial property owners, developers and real estate investors. We have over 50 years of experience, 30,000 clients, $35 billion in assets under administration, and offices coast to coast. Some of Canada\'s most prominent banks, investment managers, insurance companies, and pension funds rely on CMLS Financial for a variety of critically important mortgage services. What sets us apart is our customer forward approach. Building on our solid foundation of financial strength and experience, we continue to deliver unparalleled capital solutions for all our clients needs.You will love working hereEmployees tell us that they love that we strike the balance in creating an incredibly professional, yet dynamic and enjoyable corporate culture. We work in a fluid and fast-paced environment that is supportive of energetic and motivated individuals who pride themselves on being flexible and results-driven. Our employees can gain valuable industry exposure, lots of learning opportunities, and truly impact the business. We are committed to providing our people with a challenging and rewarding career because our employees are what set us apart and we know it.Equal Opportunity EmployerCMLS Financial is an equal opportunity employer committed to diversity and inclusion. We are pleased to consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veterans\xe2\x80\x99 status, Aboriginal/Native American status or any other legally protected factors. Disability-related accommodations are available on request for candidates taking part in all aspects of the selection process.We want to hear from you!If you are confident that you would be a strong asset to our team, submit both a cover letter and resume today! We thank all applicants for their time in applying, however we will only contact those selected for an interview. Consideration of applications will begin immediately and continue until the position is filled.

CMLS Financial

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Job Detail

  • Job Id
    JD2297703
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    $55000 - 65000 per year
  • Employment Status
    Permanent
  • Job Location
    Toronto, ON, Canada
  • Education
    Not mentioned