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Analyst, Mortgage Operations
Analyst, Mortgage OperationsMarshallZehr Careers • Waterloo, Quebec, Canada
Analyst, Mortgage Operations

Analyst, Mortgage Operations

MarshallZehr Careers • Waterloo, Quebec, Canada
30+ days ago
Job type
  • Full-time
Job description

Analyst Mortgage Operations

Who is MarshallZehr

MarshallZehr Group Inc (MZ) provides customized construction and development financial solutions for high-performing real estate developers. Since 2008 MarshallZehr has grown to become one of Canadas most trusted real estate capital partners. We add value beyond capital our teams decades of experience help deliver the strategic insight and vision necessary to craft tailored financial solutions all backed by our industry recognized mortgage administration services.

The Opportunity

We are seeking an Analyst Mortgage Operations (the Analyst) to support Mortgage Operations team. This role performs due diligence and credit analysis for new and existing clients supports lending recommendations and helps manage MZs loan portfolio through ongoing underwriting funding forecasting compliance and lender communications. The Analyst will screen investment opportunities evaluate and underwrite potential transactions coordinate and perform due diligence and advise Senior Management on lending decisions.

The Role

Loan Origination & Underwriting

  • Conduct comprehensive underwriting of new lending transactions through the review of project pro formas third-party reports borrower / guarantor financial statements and lease / purchase and sale documents.
  • Assist with the creation of sophisticated cash flow models used to assess the financial capacity and operational feasibility of construction projects (e.g. developing assumptions coverage calculations paydown waterfalls IRR calculations).
  • Assist with review of due diligence provided by Borrowers during loan origination to verify accuracy against transaction outlines and funding requirements.
  • Conduct industry and transaction-specific research to support presentations and meetings with institutional and corporate clients.
  • Assist with the preparation of offering memorandums and other presentation material for prospective lenders.
  • Assist the Business Development team with canvassing qualifying and onboarding potential lending and borrowing clients.

Loan Analysis

  • Assist with review of due diligence provided by Borrower during loan origination to verify accuracy against transaction outline and funding requirements.
  • Monitoring of projects on ongoing basis against underwriting to monitor loan coverage and repayment timelines
  • Manage MZ cashflow forecasting tools to monitor projects for schedule and budget variances as well as capital requirements
  • Mortgage Funding

  • Assist in completion of basic initial and progress advances / loan fundings
  • Support company wide communication and information sharing to facilitate mortgage advances
  • Assist in review of project quantity surveyor reporting
  • Treasury Management

  • Assist in maintenance of forecasting / cashflow tools to help the company manage Borrower cashflow needs lender cashflow availability and corporate revenue
  • Extract assess and develop relevant data from internal and external reporting
  • Mortgage Discharge Support

  • Assist in preparation of discharge statements and payment requisitions
  • Tracking of unit closing discharge amounts and closing adjustments
  • Lender Correspondence

  • Assist with drafting of updates to lenders participating in MZ mortgages
  • Ensure lender communication received in timely manner and direct lender questions where required
  • Compliance Monitoring

  • Assist compliance department with Borrower follow ups of loan deliverables
  • Ad hoc reports and other activities as assigned.
  • What Are We Looking For

  • Undergraduate degree or higher in finance economics accounting real estate business administration urban planning & development or a related field with a strong record of academic achievement.
  • 24 years of experience in commercial real estate investments investment banking commercial lending asset management real estate development underwriting or related analyst / capital markets roles.
  • Excellent knowledge of finance and financial modeling concepts as applied to real estate development and project financing.
  • Strong analytical skills and attention to detail including advanced proficiency in Microsoft Office (especially Excel).
  • Excellent written and verbal communication skills with ability to communicate across all levels and with external stakeholders.
  • Highly organized and able to manage multiple projects with competing deadlines while maintaining a high standard of work.
  • Proven ability to work well both independently and as part of a team in a fast-paced entrepreneurial environment.
  • Professional designation (CFA CPA) or progression towards one considered an asset.
  • Valid G2 / G drivers license
  • Will be required to obtain a mortgage agent license through FSRA (paid for by the company).
  • What MZ Offers

  • Opportunities for career development and advancement as the organization grows.
  • Employer paid benefits including medical dental and a health care spending account.
  • RRSP matching program.
  • Paid vacation and company floater holidays.
  • Creative Social Committee that organizes regular team building events.
  • Free on-site parking.
  • Work Environment

  • MZ offices are open Monday to Friday and employees are expected to work on site a minimum of 4 days per week with the option of working remotely 1 day per week as agreed to by the direct supervisor.
  • Our Waterloo office has 16000 square feet of modern and accessible space and has been specially updated and tailored to meet our business needs. The result is a world-class workspace that empowers deep collaboration reinforces business operations with state-of-the-art technology infrastructure and offers more space to enable our sustained team expansion. We also have a satellite office in downtown Toronto available for business meetings.
  • Interested individuals can apply directly by visiting

    Accommodations are available during all stages of the recruitment process in accordance with the Human Rights Code and the Accessibility for Ontarians with Disabilities Act (AODA) to provide an inclusive barrier free workplace. We will accommodate the accessibility needs of individuals with disabilities to support participation in all aspects of the recruitment process. Should you require this accommodation please contact

    Required Experience :

    IC

    Key Skills

    Loan Origination,Sales Experience,Microsoft Office,Financial Services,Customer Service,Organizational skills,Communication skills,Military Experience,Fair Housing Regulations,Inside Sales,Outside Sales,Word Processing

    Employment Type : Full-Time

    Experience : years

    Vacancy : 1

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    Mortgage Analyst • Waterloo, Quebec, Canada

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