Analyst, Debt

Job Description

Job Description

Dream is looking for an Analyst, Debt!

Join us, we have an exciting and rewarding opportunity for an Analyst of Debt to support underwriting, origination, and management of Dream’s debt portfolio. In this role, you will be responsible for a range of tasks, covering a portfolio of land and construction financing, conventional term mortgage financing, corporate credit facilities, affordable housing and sustainable finance initiatives, and other public and private capital vehicles within and outside of Canada.

You will be managing debt for a portfolio of first-class commercial properties across asset classes, including residential, office, industrial, commercial assets, and large-scale mixed-use developments within our multiple public entities such as TSX-listed Dream Unlimited Corp., Dream Office REIT, and Dream Impact Trust, as well as for various private equity vehicles managed by Dream. Your portfolio could include some of our most high-profile developments such as Zibi in Ottawa / Gatineau, Alpine Park in Calgary, Brightwater in Port Credit, Quayside in Toronto, Odenak in Ottawa, and the Brighton Community in Saskatoon.

This role may be based in either Calgary or Toronto and may require occasional travel. Please apply to the job posting with the location of your preference.

What will you do?

In this role, you will have the opportunity to drive the finance origination, underwriting and reporting processes for new developments, re-developments, and investments / acquisitions within your debt portfolio. The Analyst plays a central role, working cross-functionally with other departments (e.g. Development, Investment, Asset Management, Leasing, Accounting, etc) and industry professionals. You will continually be challenged with complex projects and eventually grow to lead the debt process from start to finish within your portfolio. You will have a direct impact on capital stack strategy and how we approach lenders and source competitive loan structures and terms. You will be a key contributor in maintaining the risk management process and looking at pipeline projects, debt maturities, as well as loan structures to ensure that Dream is protected. Your aptitude to learn and take on new projects will deepen your knowledge of the real estate industry and in different asset classes.

Every day is different, providing new experiences and learning opportunities. You will be surrounded with and supported by dynamic colleagues who work hard and enjoy the work we accomplish together. We build strong relationships within our team and across the organization through collaboration and fun social events, too.

Here are some of the responsibilities you will take on :

• Conducting project, property and portfolio level financial and risk analysis and providing recommendations to senior management.
• Preparing high-quality financing presentations and confidential information memorandums (CIM’s) and participating in delivering lender presentations.
• Preparing comparison and analysis of financing proposals received.
• Reviewing a wide variety of loan-related documentation initiated during the debt financing or renewal process, including commitment letters, credit agreements, financial reports, development plans / approvals, leases, purchase and sale agreements, appraisals, and third party consultant reports.
• Liaising with lenders, internal teams and other stakeholders to ensure that all supporting documents and pre-funding conditions have been satisfied prior to receiving funds.
• Instructing and interacting with third party partners during loan close process, including but not limited to; joint venture partners, property managers, external consultants, and legal representatives as well as internal asset managers and investment teams.
• Maintain debt database records, ensuring all key debt terms and conditions, as well as lender reporting requirements are tracked following loan execution.
• Collaborate with Accounting, Strategic Finance and Asset Management teams to perform risk monitoring of Dream’s debt portfolio to manage compliance and maturity rollover risks, including review of historical results, forecasts, refinancing underwriting, borrowing base and covenant calculations.
• Coordinate lender financial and compliance reporting.
• Consult with cross-functional teams to collect necessary information for formulation of lender consent requests and respond to lender inquiries.
• Coordinate debt portfolio operations, including interest rate management, loan draws and repayments from dispositions, and project / property / portfolio level financial and risk analyses to provide debt optimization recommendations and action plans to senior management.
• Preparing monthly debt management report for senior executive to support business decisions.
• Special projects, ad hoc reports and other activities, as assigned.

What type of experience do you have?

What skills and strengths do you have?

If you have experience and knowledge in the following, we consider this a great asset for being successful in this role.

Who are we?

Dream Unlimited is an award-winning Canadian real estate investment, development and management company with approximately $28 billion of assets under management in North America and Europe. Our scope of business includes asset management and management services for four publicly listed funds.

Dream has grown substantially since its formation in 1996, becoming one of Canada’s leading real estate companies with a diverse workforce in North America and Europe. We are one of Canada’s largest developers, building communities for people to live in; developing land, homes, condominiums, retail centers and renewable power projects. We also build communities to work in, bringing office, industrial and retail spaces to life. We invest in and manage properties, enriching them for the people who work here and the greater community.

Our entrepreneurial spirit drives us to seize unconventional opportunities and approach every project with passion and purpose. At Dream, we care about our employees, provide exciting work opportunities, open work environments, and fun events, fostering an atmosphere where continuous learning and innovation thrive. Join us and make a difference.

We look forward to hearing from you, but please note; due to the high volume of applications, only candidates who qualify will be contacted.

Dream Unlimited is committed to workplace diversity and provides accommodations to applicants with disabilities throughout our hiring process. If you require accommodation throughout any aspect of our process, please let us know and we will work with you to meet your needs.