ABOUT SHAPE CAPITAL SHAPE Capital is a private commercial real estate lender, with a focus on providing first and second mortgage financing to real estate developers and investors in British Columbia and Alberta. As an affiliate of SHAPE, SHAPE Capital leverages the industry-leading expertise of the fully integrated SHAPE platform to provide future-focused real estate lending solutions customized for each specific property, project, and borrower. We are relationship driven and fully invested in our clients\xe2\x80\x99 success, managing every project as our own, raising the bar higher, every time. Our people are our most valued asset. We mind the details, take a proactive approach, and constantly seek opportunities to provide an unmatched level of service. SHAPE is where sharp minds and fierce ambition meets thoughtfulness, loyalty and respect. ABOUT SHAPE SHAPE is the real estate investment, development and management company leading some of the largest and most exciting projects in North America including The Amazing Brentwood, The City of Lougheed and RC at CF Richmond Centre. Through our fully integrated platform, SHAPE specializes in complete neighbourhoods with a top-calibre mix of shops, restaurants, residences, entertainment and a complete range of daily services on rapid transit. By executing on every stage of the real estate process, from land acquisition to property management, we are able to collaborate more efficiently, work seamlessly and perform at the highest level. Every SHAPE property reflects lasting vision, bold creativity and obsessive attention to detail. Our projects are complex, our vision is simple: deliver social and financial value for generations. With a proven ability to raise the bar across our diverse portfolio of assets, we build on where we\xe2\x80\x99ve been to push the edge of better: for industry standards, quality of life and return on investment. ABOUT THE ROLE This position will be with the SHAPE Capital team. The Associate, Loan Administration + Compliance role will oversee SHAPE Capital\xe2\x80\x99s loan closing and monitoring program. The ideal candidate will clearly and effectively manage multiple processes to ensure that the loans in the portfolio and in the pipeline are adequately managed and tracked. Primary Job Responsibilities

• Create and maintain internal reports detailing the status of loans in closing and help manage the loan closing and funding process, including the following:
  • Closing Agendas
  • Due Diligence Checklists
  • Assist originators in satisfying conditions precedent to funding
  • Order and review third-party reports (appraisal reports, environmental reports, building condition reports, cost consultant reports, etc.)
  • Perform site inspections and interviews
• Maintain and review security documents and closing files for each loan in the portfolio
• Assist with processing construction draws and disbursements
• Assist with processing monthly interest payments
• Prepare monthly loan statements and payout statements
• Maintain reports detailing the status of loans in the portfolio including maturity dates, payments, and annual reviews as required
• Manage the reporting requirements for each loan, including following up on financial reporting, property tax payments, and insurance renewals as required
• Assist with ad-hoc client requests as needed
• Identify gaps and propose solutions to improve current processes
• Be a team player and ready to work in a fast-paced and entrepreneurial environment

Qualifications Knowledge, Skills, and Abilities

• Detail-oriented, self-motivated, and ability to work independently
• Capable of handling multiple tasks with multiple projects and timelines
• Strong proficiency in Microsoft Office suite (PowerPoint, Excel, and Word)

Training and Experience

• The ideal candidate will have experience in the commercial real estate industry, loan administration, loan servicing, real estate debt underwriting, mortgage security and documentation
• Expertise in loan documentation for the following real estate loan types:
  • Land loans
  • Construction Loans
  • Bridge and Repositioning Loans
• Two (2) to five (5) years of loan underwriting, administration, or servicing in a real estate lending or commercial banking environment is required
• University degree and requisite work experience is required

Benefits

• Continuous growth and opportunity
• Personal and professional development within the company and the industry
• A competitive salary with performance bonuses
• A comprehensive benefits package
• A fun, collaborative, and autonomous work environment