Job Description

Description :

Senior Analyst, Construction Finance (RCFi)
Toronto, ON

CMLS Financial, one of Canada\xe2\x80\x99s largest commercial mortgage lenders, is looking for a Senior Analyst to join our growing Construction Finance group. The role includes direct support for CMHC\xe2\x80\x99s Rental Construction Finance Initiative (\xe2\x80\x9cRCFi\xe2\x80\x9d). Under this mandate, CMLS provides project specific underwriting, structuring, loan recommendations, and loan advance administration for a federally funded national purpose-built multi-residential affordable housing program. Specific activities include; loan structuring, obtaining investor approval, loan advance support and monitoring throughout the construction period.

Reporting to the Director of Construction Finance, 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 payout;
• 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-reference budgets, and ensure applicable undertakings are satisfied per the loan Commitment Letter;
• Liaise with CMLS funders and servicing department as well as third parties including Quantity Surveyors and Solicitors to ensure loan conditions are met.
• Provide regular project reporting including anticipated/proposed financings and repayments, project stage of completion, and other analysis as required.

This role is for you if you have:

• You have completed an undergraduate degree in one of the following concentrations: business administration, accounting, finance, or real estate and/or have up to 2 years\xe2\x80\x99 experience as an analyst in a commercial or construction lending group.
• 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 possess strong interpersonal relationship building, negotiation, conflict management and listening skills.
• 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. An understanding of construction development is an asset.

Benefits and Perks

Some 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 45 years of experience, 20,000 clients, $25 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 here
Employees 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. Business is booming and that means that our employees are able to gain valuable exposure, have 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 Employer
CMLS 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 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. Be sure to tell us why you believe yourself to be a perfect fit! 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