Job Description

Description :

Dream is looking for an Analyst, Debt

Dream has an exciting and rewarding opportunity just for you within the Real Estate industry. We are looking for a dynamic Analyst, Debt to support the underwriting, origination, management, and reporting of Dream\xe2\x80\x99s debt portfolio. In this role, you will be responsible for a range of tasks, covering a portfolio of land and construction financing, conventional term mortgage financing, corporate credit facilities, affordable housing and sustainable finance initiatives, and other public and private capital vehicles within and outside of Canada.

You will be managing debt for a portfolio of first-class commercial properties and large-scale mixed-use developments that range in value. Your portfolio could include some of our most high-profile developments such as Zibi in Ottawa/Gatineau, Brightwater in Port Credit, LeBreton Flats in Ottawa, Quayside in Toronto, and Alpine Park in Calgary. Each one of our projects are unique in their own way and no two projects are the same, their differentiating factors will certainly keep your role exciting and challenging.

A Day in the Life:

In this role, you will have the opportunity to drive the finance origination, underwriting and reporting processes for new developments, re-developments, and investments/acquisitions within your debt portfolio. The Analyst plays a central role, working cross-functionally with other departments (e.g. Development, Investment, Asset Management, Leasing, Accounting, etc) and industry professionals. You will continually be challenged with complex projects and eventually grow to lead the debt process from start to finish within your portfolio. You will have a direct impact on capital stack strategy and how we approach lenders and source competitive loan structures and terms. You will be a key contributor in maintaining the risk management process and looking at pipeline projects, debt maturities, as well as loan structures to ensure that Dream is protected. Your aptitude to learn and take on new projects will deepen your knowledge of the real estate industry and in different asset classes.

Every day is different, providing new experiences and learning opportunities. You will be surrounded with and supported by motivated and compassionate colleagues who work hard and enjoy all that we accomplish together. We build strong relationships within our team and across the organization through collaboration and fun social events, too.

Here are just some of the responsibilities you will take on:

• Conducting project, property and portfolio level financial and risk analysis and providing recommendations to senior management
• Preparing high-quality financing presentations and confidential information memorandums (CIM\xe2\x80\x99s) and participating in delivering lender presentations
• Preparing comparison and analysis of financing proposals received
• Coordinating and reviewing a wide variety of loan-related documentation initiated during the debt financing or renewal process, including commitment letters, credit agreements, financial reports, development plans/approvals, leases, purchase and sale agreements, appraisals, and third party consultant reports, etc
• Liaising with lenders, internal cross-functional teams and other stakeholders to ensure that all supporting documents and pre-funding conditions have been satisfied prior to receiving funds
• Instructing and interacting with third party partners during loan close process, including but not limited to; joint venture partners, property managers, external consultants, and legal representatives as well as internal asset managers and investment teams
• Coordinating construction loan draws for development projects
• Staying informed with current financing and real estate market conditions by surveying lenders, appraisers, cost consultants, and other industry professionals
• Monitoring the interest rate environment, economic drivers, risks, and preparing interest rate circulars
• Preparing monthly debt management report for senior executive
• Summarizing loan documents, updating, and maintaining accurate and complete debt records for financial reporting purposes
• Special projects, ad hoc reports and other activities, as assigned

Your Experience Includes:

• Bachelor\xe2\x80\x99s degree in finance, real estate, or accounting
• 2-4 years of relevant professional experience, with preference for candidate with experience in real estate finance, commercial real estate lending, or similar environments
• Familiarity of the real estate landscape, including understanding of acquisition/investment, development, asset management, and financing. Experience preparing or analyzing development budgets and pro-formas considered a plus
• Advanced Excel proficiency, including cash flow modeling, use of pivot tables and database management functions
• Experience in debt modeling or underwriting considered a plus
• Ability to decipher complex language in loan documents and other contracts
• Advanced PowerPoint proficiency for preparing high quality pitch decks

Areas that play to your strengths:

If you have experience and knowledge on the following, we consider this a great asset for being successful in this role.

• Ability to think analytically with strong attention to detail, and with drive to identify potential risks and solve problems creatively.
• Strong oral and written abilities demonstrated in reports, presentations, and meeting facilitation
• Strong people skills, you are a team player with a proven ability to build relationships at all levels of the organization and with external service providers
• Ability to multitask, prioritize and juggle several projects and work in a fast-paced, dynamic environment
• Strong time management skills with the ability to thoughtfully plan and manage multiple projects simultaneously from start to finish, setting clear objectives and delivering on goals.
• Proactive and innovative self-starter \xe2\x80\x93 able to identify, evaluate, and execute new ideas and support with results and have no issues with working independently under minimal supervision.
• Eagerness to learn, work hard, and have fun.

What do we do?

Founded in 1994 with a vision to revolutionize the way people live and work, Dream is one of Canada\xe2\x80\x99s leading real estate companies, with over $23 billion in assets across North America and Europe. Responsible for some of the country\xe2\x80\x99s most iconic and transformative projects, we always invest with purpose, embracing creativity, passion, and innovation, delivering strong returns, while positively impacting the communities and the world around us. We are a leading developer of exceptional office and residential assets in Toronto, owns stabilized income generating assets in both Canada and the U.S. We also develop land and residential assets in Western Canada. For more information, please visit our website at www.dream.ca.

Dream Unlimited is committed to workplace diversity and provides accommodations to applicants with disabilities throughout our hiring process. If you require accommodation through any aspect our process, please let us know and we will work with you to meet your needs.

Dream