Analyst, Construction Finance (ACLP)

CMLS Financial - Residential Mortgages; Toronto; On-site; CAD 55,000 - 65,000; Full time

Job summary

Join a leading commercial mortgage lender as an Analyst in Construction Finance. You will support CMHC’s Apartment Construction Loan Program, evaluating financing information, creating loan documents, and collaborating with teams to ensure project success. This role offers opportunities for career growth in a dynamic environment.

Qualifications

• Completed an undergraduate degree in business administration, accounting, finance, or real estate.
• Proven ability to work independently and collaboratively in a fast-paced environment.

Responsibilities

• Evaluate financing information for construction loans.
• Create and review loan documents and communicate with clients.
• Provide regular project reporting and coordinate with third-party consultants.

Skills

Organizational Skills

Attention to Detail

Communication

Analytical Skills

Education

Undergraduate Degree in Business Administration

Undergraduate Degree in Accounting

Undergraduate Degree in Finance

Undergraduate Degree in Real Estate

Job description

Job Details

Description

Analyst, Construction Finance (ACLP)

Toronto, ON

Salary Range: $55,000 - $65,000 /yr

CMLS Financial, one of Canada’s largest commercial mortgage lenders, is looking for an Analyst to join our growing Construction Finance group. The role includes direct support for CMHC’s Apartment Construction Loan Program (“ACLP”). Under this mandate, CMLS provides project specific underwriting, structuring, loan recommendations, and loan advance administration for a federally funded national purpose-built multi-residential affordable housing program. Specific activities include: loan structuring, obtaining investor approval, loan advance support and monitoring throughout the construction period.

Reporting to the Director of Construction Finance, you will be joining a hardworking and dynamic team of Analysts, Funders and Account Managers.

Key Responsibilities

• Obtain and evaluate construction project specific financing information (i.e. budget, anticipated cash flows, valuations, borrower credit status, capital structure, security, sales, market, cost comparables, overall risk profile, etc.) for construction loans from original underwriting through to funding;
• Communicate with ACLP team members, CMLS management and CMHC to outline project strengths and weakness and respond to questions as necessary;
• Create and review loan documents including mortgage presentation and commitment letters;
• Communicate with clients regarding all internal and external questions;
• Assist with and analyze on-going construction loan draws, cross-referencing budgets, and ensuring applicable undertakings are satisfied per the loan Commitment Letter;
• Liaise and coordinate with CMLS Funders and Servicing team as well as third-party consultants including Quantity Surveyors and Solicitors to ensure loan conditions are met;
• Provide regular project reporting, including anticipated funding dates, project stage of completion, and other analysis as required.
  
  

This Role Is For You If

• You have completed an undergraduate degree in one of the following concentrations: business administration, accounting, finance, or real estate;
• You are looking for career growth within a well-established commercial mortgage lender;
• You are very results-driven and possess strong organizational skills with a high attention to detail;
• You take ownership of your work and demonstrate a high degree of accountability and commitment at all times;
• You are resourceful and curious to interpret complex data and draw conclusions based on analysis.
• You have a proven ability to work both independently and collaboratively with a team within a fast paced, deadline driven environment;
• You have a passion for real estate and/or commercial lending. An understanding of construction development is also considered an asset.
• You have great written and verbal communication skills
  
  

Who are we?

Established in 1974, CMLS Financial is the leading provider of capital solutions for commercial property owners, developers and real estate investors. We have over 50 years of experience, 35,000 clients, $45 billion in assets under administration, and offices coast to coast. Some of Canada's most prominent banks, investment managers, insurance companies, and pension funds rely on CMLS Financial for a variety of critically important services. Building on our solid foundation of financial strength and experience, we continue to deliver unparalleled capital solutions for all our clients' needs.

You will love working here

Employees tell us that they love that we strike the balance in creating an incredibly professional, yet dynamic and enjoyable corporate culture. We work in a fluid and fast-paced environment that is supportive of energetic and motivated individuals who pride themselves on being flexible and results-driven. Business is booming and that means that our employees are able to gain valuable exposure, have lots of learning opportunities, and truly impact the business. We are committed to providing our people with a challenging and rewarding career because our employees are what set us apart and we know it.

Equal Opportunity Employer

CMLS Financial is an equal opportunity employer committed to diversity and inclusion. We are pleased to consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veterans status, Aboriginal/Native American status or any other legally-protected factors. Disability-related accommodations are available on request for candidates taking part in all aspects of the selection process.

We want to hear from you!

If you are confident that you would be a strong asset to our team, submit both a cover letter and resume today. Be sure to tell us why you believe yourself to be a perfect fit! We thank all applicants for their time in applying, however we will only contact those selected for an interview.