Development Analyst

Nicola Wealth; Toronto; On-site; CAD 70,000 - 90,000; Full time

Job summary

Join a forward-thinking company as a Development Analyst, where your analytical skills will drive informed investment decisions. In this on-site role, you'll engage in financial modeling and project coordination within a dynamic team. With a focus on professional growth, you'll contribute to significant development projects while enjoying a comprehensive benefits package, including profit sharing and RRSP contributions. This is an exciting opportunity to make a real impact in the world of commercial real estate development, surrounded by dedicated colleagues in a supportive environment.

Benefits

Performance Bonus

RRSP Contributions

Profit Sharing

Share Ownership Opportunities

Qualifications

• 1-3 years of experience in commercial real estate development.
• Strong investment financial analysis skills and proficiency in financial modeling.

Responsibilities

• Conduct financial analysis to support investment decisions.
• Prepare reports, memos, and project-related documents.
• Support the Development team in coordinating projects.

Skills

Investment Financial Analysis

Financial Modeling

Analytical Thinking

Microsoft Excel

Problem-Solving

Communication

Education

Bachelor's Degree in Finance or Real Estate

College Diploma

Tools

Microsoft PowerPoint

Microsoft Word

Job description

Join to apply for the Development Analyst role at Nicola Wealth

About Nicola Wealth:

We have a lot to be proud of at Nicola Wealth. Our sophisticated financial planning, our diversified private investment funds and their exceptional performance, our 99% client retention rate, and our award-winning culture combine to position us as a national leader in wealth management. Recognized as a Best Managed Company and one of Canada’s Top Employers, we are dedicated to upholding our firm’s values through this phase of significant growth.

By bringing together smart, dedicated, and supportive colleagues from diverse backgrounds, we deliver extraordinary client service in a values-driven work environment. The collaboration, creativity, and entrepreneurial spirit we were founded on provide the opportunity for you to make a real impact and build a rewarding career. We are passionate about our business, our culture, and investing deeply in your growth and development to build for the future. If you have this same drive, then let’s talk!

About the Team:

Nicola Real Estate (NRE), a division of Nicola Wealth, has over 20 years of experience advising and executing real estate strategies on behalf of our private and institutional clients.

NRE comprises an experienced team of over 95 real estate professionals that source, develop, and manage a growing portfolio of properties in major markets across North America, spanning a diversified range of asset classes. The NRE portfolio exceeds 340 properties and $10.2 billion of gross asset value. With offices in Vancouver and Toronto, NRE operates a fully integrated national platform and maintains a strong reputation with a highly successful track record of driving superior risk-adjusted returns across multiple asset classes and strategies.

Purpose of the Role:

We are seeking a highly motivated Development Analyst to join our Development team in Toronto. The ideal candidate is analytical, detail-oriented, and thrives in a collaborative team environment. This role involves supporting development projects through financial modeling, coordination, reporting, and analysis to drive informed investment and development decisions.

This is an on-site role, located in our Toronto office.

Core Responsibilities:

1. Conduct financial analysis to support investment and development decisions.
2. Review and analyze detailed cash flow modelling and development pro-formas.
3. Prepare correspondence, reports, memos, presentations, and other project-related documents.
4. Prepare and update dashboards, trackers, and slide decks for portfolio reporting.
5. Support the Development team in the administration and coordination of current NRE projects.
6. Organize and coordinate project meetings, prepare agendas, record minutes, and distribute to stakeholders.
7. Support due diligence efforts related to acquisitions, dispositions, and financing activities.
8. Liaise with consultants, community members, and project stakeholders.
9. Assist in reviewing and summarizing project-specific contracts and agreements.
10. Maintain project documentation, including drawings, budgets, schedules, proposals, and contracts.
11. Engage in ongoing learning and professional development to enhance skills and industry knowledge.

Required Skills & Qualifications:

1. 1–3 years of experience in a related role, with a strong interest in commercial real estate development.
2. Background in finance, real estate, or a related field; Bachelor’s degree or College Diploma preferred.
3. Knowledge of development processes, construction financing, and municipal approvals is an asset.
4. Some travel is required. Must have a valid driver’s license and access to a vehicle.
5. Strong investment financial analysis skills, with the ability to calculate and interpret real estate returns (IRRs, levered/unlevered returns).
6. Proficiency in creating, updating, and managing financial models, with clear communication of findings.
7. Highly proficient in Microsoft Excel, PowerPoint, and Word.
8. Strong analytical thinking, keen attention to detail, and problem-solving abilities, even under pressure.
9. Excellent communicator who thrives in collaborative, fast-paced environments.
10. Skilled at managing multiple projects and meeting tight deadlines efficiently.

Compensation & Benefits:

This position offers a base salary range of $70,000 - $90,000 plus a performance bonus, RRSP contributions, and profit-sharing participation. Salary will be commensurate with experience, skills, and qualifications. Our comprehensive package includes profit sharing, benefit programs, and share ownership opportunities. For more details, visit: www.nicolawealth.com/total-rewards.

Please include a cover letter and resume. We are an inclusive, equal opportunity employer. For accommodations during recruitment, contact: [e-mail]. All shared information will be handled in accordance with applicable laws and policies.

Thank you for your interest in a career with Nicola Wealth!