Analyst - Real Estate Investment Team (TD Asset Management)

TD; Toronto; On-site; CAD 80,000 - 120,000; Full time

Job summary

TD is seeking a detail-oriented Real Estate Investment Specialist to join its team in Toronto. This role involves underwriting new investment opportunities, financial assessment, and supporting the Canadian Investment Team. Ideal candidates will have strong analytical and communication skills, as well as a relevant undergraduate degree.

Benefits

Growth opportunities

Comprehensive health benefits

Career development programs

Qualifications

• 1 to 4 years of analytical experience in the real estate sector.
• Candidates working towards brokerage or management designations welcome.
• Strong understanding of real estate fundamentals.

Responsibilities

• Assist in underwriting new investment and development opportunities.
• Review monthly development draws and manage development trackers.
• Prepare annual property budgets and analyze market trends.

Skills

Analytical skills

Communication skills

Attention to detail

Organizational skills

Problem-solving skills

Education

Undergraduate degree in real estate, business, math/statistics, urban planning, architecture or engineering

Tools

Excel

Argus

Job description

Work Location:

Toronto, Ontario, Canada

Hours:

37.5

Line Of Business:

TD Wealth

Pay Details:

$80,000 - $120,000 CAD

This role is eligible for a discretionary variable compensation award that considers business and individual performance.

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs.

As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Job Description:

TD Asset Management (TDAM), a member of TD Bank Financial Group, is a leading North American investment manager offering progressive investment solutions to both institutional and individual investors. For over two decades, the organization has established competitive market positions in active, quantitative, and passive portfolio management. As of December 31, 2024 TDAM and its affiliates manage over $459 billion in assets on behalf of pension, insurance, endowment/foundation, and corporate clients, as well as high-net worth clients and retail mutual funds.

In attaining this client commitment, TDAM has built one of Canada’s largest and most respected investment management and research teams with more than 220 Portfolio Managers, Associate Portfolio Managers, Traders and Analysts.

Job Description

We are looking for a person who is team-oriented, passionate and has strong attention to detail and curiosity to join the Real Estate Investment team. The individual should have a proven track record of completing tasks with high-quality results. Excellent communication (written and verbal), problem solving, financial modelling, organizational and multi-tasking skills are highly desired. This individual will work independently as well as in a team environment within a high-performing culture and under tight deadlines.

Key Responsibilities:

• Assist in the underwriting of new investment and development opportunities across all asset classes (office, industrial, retail and multi-family). Tasks include: market research, site visits, financial assessment and returns analysis, preparation of Investment Committee presentations;
• Review of monthly development draws;
• Ownership of the Development Tracker which is a tool used to manage development exposure and risk within the Real Estate Strategy;
• Assemble economic, market and industry research and conduct trend analysis for various Canadian cities and real estate sectors.
• Provide analytical support for major new and renewal tenant leases to support negotiations, contemplated develop and capital enhancement projects.
• Assume a key role in then completion of quarterly reporting, including property-level financial, operations, leasing market commentary, leasing performance, sustainability initiatives and other relevant information.
• Assume a key role in preparing the annual property budgets/business plans, working closely with third party property and leasing managers.
• Track market leasing, development, investment and other activities using and developing databases.
• Review and summarize leases and gain an understanding of the key legal clauses.
• Manage and track the quarterly appraisal processes including timely distribution of property information and review of draft appraisals, dealing directly with appraisers.
• Use Argus Enterprise as a tool to review appraisers' property valuation models, to underwrite lease deals, and to perform scenario analysis.
• Build relationship with brokers, lenders appraisers, property / development managers and other stakeholders.
• Provide analytical support for potential dispositions preparing data rooms and collecting and analyzing due diligence information.
• Conduct "special projects" to understand and present portfolio-level risks and opportunities. Examples included: sensitivity analyses; Argus modelling, management fee analysis, etc.
• Work with other Analysts to support all members the Canadian Investment Team including Portfolio Management, Asset Management, Transactions, and Development.
  
  

Minimum Qualifications:

• A minimum of 1 to 4 years of analytical experience in the real estate sector with an operator, investor, or service provider
• The successful candidate will hold an undergraduate university degree in real estate, business, math/statistics, urban planning, architecture or engineering.
• Candidates working towards their leasing brokerage, property management or appraisal designations would be welcome.
• CFA/MBA/CAIA is not required, but would be an asset.
• Highly proficient in Excel, Word, PowerPoint and experience with Argus is considered an asset;
• A strong understanding of commercial real estate fundamentals (market capitalization rates, development yields, lease structures) and other finance and investment fundamentals (key return metrics, debt structuring, valuation, and others);
• A working understanding of key principles in underwriting commercial real estate including property cash flows and discounted cash flow analysis;
• Strong verbal and written communication skills.
  
  

**4 days in the office required**

Who We Are:

TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we deliver legendary customer experiences to over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to the Bank, those we serve, and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues.

TD is deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you’ve got years of banking experience or are just starting your career in financial services, we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs, we’re here to support you towards your goals. As an organization, we keep growing – and so will you.

Our Total Rewards Package

Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical, and mental well-being goals. Total Rewards at TD includes a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. Learn more

Additional Information:

We’re delighted that you’re considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we’re committed to providing the support our colleagues need to thrive both at work and at home.

Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.

Colleague Development

If you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You’ll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD – and we’re committed to helping you identify opportunities that support your goals.

Training & Onboarding

We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.

Interview Process

We’ll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.

Accommodation

Your accessibility is important to us. Please let us know if you’d like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process.

We look forward to hearing from you!

Language Requirement (Quebec Only):

Sans Objet

Seniority level

• Seniority level

  Entry level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Sales and Management

• Industries

  Banking

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