Analyst

The Role

This position will be responsible for underwriting and managing a portfolio of commercial and residential loans in . The loans will range from bridge, land, mezzanine, and construction financing for projects primarily located in Metro Vancouver.The ideal candidate will be a new or recent graduate with a business degree, ideally with a focus or interest in real estate. This is an excellent opportunity to build a career in commercial lending, working within a close-knit, high-performance team.

Underwriting Construction Loans

• Analyze project feasibility and market by examining profit margins, project costs, competitive price points for end units, commercial leases / income and expense analysis, debt service analysis, commercial take out feasibility, time frame for completion, competition, location, economic conditions and sales absorption
• Analyze personal and / or corporate financial statements of borrowers and / or guarantors to determine their financial strength and liquidity
• Prepare and submit credit applications which identify credit risk and how it is mitigated in the form of Term Sheets, Loan Summaries, Loan Amendments and / or Loan Renewals to the Senior Director for review and support
• Prepare Letters of Interest, Commitment Letters, Amendment Letters and Renewal Letters detailing the terms, conditions and pricing of the Investor’s support or approval

Account Management for Loans

What You Bring To The Team