Job Description

Company Profile

Home Capital Group Inc., together with its operating subsidiary Home Trust Company, has developed a track record of success as Canada\'s leading alternative lender. Building on the demonstrated strength of its core residential mortgage lending business, the Company also offers complementary lending services, including commercial mortgage lending, as well as highly competitive deposit investment products. Home Trust\'s core values are respect, trust, and integrity.

Commercial Lending incorporates a high level of expertise across all sectors of the commercial mortgage lending market. It is responsible for the origination and underwriting of new and existing loans and for ensuring the adherence of commercial credit policy, standards and guidelines.

Position Overview

The Senior Analyst, Commercial Lending is responsible for assessing, evaluating and analysing investment proposals to prepare recommendations on a wide variety of commercial mortgage transactions.

Position Responsibilities

Transaction Analysis, Review and Approvals (65%)

• Assist the Director to analyze and provide written recommendations in Term Sheet format (decision ready) on investment proposals requiring approval in accordance with HTC\'s Policy and Guidelines and general investment criteria.
• Transactions to include conventional mortgages, CMHC insured mortgages, construction / land development financing, syndicated transactions (participation) and structured mortgage receivable financings across multiple commercial real estate asset classes.
• Assist in the collection and review of necessary due diligence items and the presentation of investment proposals within required timelines.
• Collaborate with the Underwriting team to ensure service quality and timely funding is achieved to client expectations.
• Maintain and evaluate consistent, objective and sound risk assessments in a high volume, quality focused and service oriented environment.
• Assist the Director, Commercial Lending in achieving all business objectives including new business volume, spread, and profitability targets for Large Commercial.
• Maintain a high level of knowledge of the industry, competition and market trends.

Pipeline and Reporting (20%)

• Assist the Director to manage the development and maintenance of the Large Commercial pipeline to facilitate workflow and to ensure timely execution of loan approvals.
• Assist in the delivery of accurate and substantive reporting to the EVP, Commercial Lending on the commercial mortgage portfolio, pipeline, market trends, competition and cost of funds and provide ad-hoc reporting to senior management, as required.
• Assist in the management of CMHC / CMB allocation targets and limits with a goal to maximize capacity usage and revenues.
• Coordinate with internal business groups including ERM, Finance, Treasury, Compliance and Securitization to assist in facilitating Commercial related items in the organization.

Risk and Compliance (10%)

• Evaluate and analyse documentation supplied by clients and brokers to ensure its authenticity and compliance with all aspects of Home Trust Company\'s policies and guidelines per delegated authority matrices and applicable compliance obligations including Commercial Underwriting Policies and Commercial Lending Guidelines, Privacy, Anti-Money Laundering / Anti-Terrorist Financing and internal Anti-Fraud Policy requirements.
• File Unusual Transaction Reports as applicable to fulfil individual employee obligations to detect and deter financial crimes activity.
• Maintain clean OSFI and Internal Audit reports as required for Commercial Originations.

Projects (5%)

• Assist in special projects or other new initiatives as needed.

Formal Education

• Bachelor\'s degree required in related area
• Certification(s)/Designation(s) preferred

Related Experience

Related Experience:

• 3-5 years in commercial mortgage lending / underwriting
• Background in alternative lending an asset
• In depth understanding of commercial real estate and mortgages

Skills:

• Able to multi-task and flourish in a fast-paced, deadline-driven work environment
• Proven ability to work within a collaborative team environment
• Excellent written / verbal communication and professional maturity
• Strong organizational, time-management and analytical skills to work effectively within established guidelines
• Understands Home Trust Company\'s lending criteria and risk appetite
• Strong knowledge of MS Office, especially Excel

Skills

Position Complexities

Acknowledgement

All employees of Home Capital Group Inc. must comply with all applicable Home Capital Group Inc, Home Trust Company, and specific Line of Business policies, standards, guidelines and controls. Additionally, all employees are obligated to become familiar with Home\'s risk management framework and understand the operational risk management requirements within their specific business. Employees are also expected to understand and comply with the Company\'s Code of Business Conduct & Ethics Policy at all times and escalate any issues or concerns through various reporting channels (i.e. Ombudsman, Compliance Hotline, Whistleblower Policy, etc).

Home Trust