Job Purpose

The Investments team is responsible for producing new investments in privately-placed commercial real estate debt and managing such investments through their life-cycle.  This position will support senior investment team members in sourcing, underwriting, and closing new investments and monitoring the performance of such investments including investment surveillance, processing borrower requests, and developing and executing appropriate resolution strategies for troubled assets.

Key Accountabilities

           Assist senior personnel in analysing, underwriting, and closing new loan opportunities and refinances of existing loans, including cash flow modelling and asset valuation.

           Maintain regular contact with loan servicer, borrowers, property level personnel, outside counsel, etc to monitor performance of assigned portfolio of existing investments including compliance with requirements of loan documents.

           Interface with Brokers/Borrowers and other market participants to keep up to date with current competitive lending parameters and overall market conditions.

           Review and understanding of underlying loan documentation; tenant leases, ground leases, easements and other documentation that impacts property cash flow and value; and borrower and guarantor financial statement review/analysis.

           Utilize available internal and external tools (e.g. market reports) to efficiently process transactions and make informed recommendations.

           Prepare and present recommendations for new investments.

           Conduct regular review of performance of existing investments including periodic re-underwriting, maintenance of watchlists and support of necessary investor reporting.

           Identify potential risks in assigned portfolio and support senior team members in developing and executing strategy to mitigate such risks.

           Coordinate with Brokers/Borrowers/Counsel/Closing Team to monitor loan closing status/closing checklist and update pipeline with status.

           Analyse and coordinate completion of various borrower requests including future loan draws, lease approvals, collateral releases, payoffs, etc..

           Monitor loan maturities and identify potential refinance opportunities or risks.

           Conduct physical inspections of loan collateral and prepare inspection reports.

           Prepare ad hoc analyses at the direction of the senior personnel.

Education/Qualifications

           Undergraduate degree with a concentration in real estate, finance, economics, business administration, accounting, urban planning or mathematics or real estate are preferred

           MBA or graduate of higher-level real estate program preferred, but not required

Experience

           2 to 4 years of related finance and real estate experience

Knowledge and Skills

           Strong written and oral communication skills

           Strong analytical/ financial modelling skills

           Computer skills necessary to perform the job include a detailed working knowledge of Microsoft Office, Excel, Word, PowerPoint and Argus Enterprise

           10%-20% travel may be required

Competencies

           Organized and detail oriented, ability to multi-task

           Rigorous, self-motivated, team player

           Strong interpersonal skills

           Reliable and Trustworthy

           Must be able to work independently

           Results oriented with the ability to adapt to a changing environment