Mortgage Analyst

CANADA ICI CAPITAL CORPORATION; Calgary; On-site; CAD 70,000 - 90,000; Full time

Benefits offered by this job

Competitive salary

Benefits package

RRSP matching

Growth opportunities

Mentorship

Job summary

Canada ICI Capital Corporation in Calgary is seeking a Mortgage Analyst to contribute to commercial mortgage underwriting. You will analyze investments, prepare proformas, and model cash flows while leveraging market data.

You’ll work with mortgage professionals to structure opportunities and share data with the origination group. This full-time in-person role offers mentorship from experienced analysts, a robust benefits package, and growth opportunities within Canada ICI.

Qualifications

• Bachelor degree in finance-related field or MBA preferred.
• Strong financial analysis and underwriting skills.
• Excel proficiency with formulas and data manipulation.

Responsibilities

• Analyze commercial mortgage investments with mortgage pros.
• Evaluate investment quality via operating statements and market data.
• Prepare proformas, cash flow models, and underwriting.
• Gather market data from sources and maintain data databases.
• Review third-party reports (appraisals, environmental, etc.).
• Organize project documentation and manage folders.
• Support origination team in structuring opportunities.
• Prepare institutional investment brochures and commitment letters.
• Coordinate funding process with the origination team.
• Ensure compliance in written and electronic documents.

Skills

Excel

Cash flow modeling

Finance modeling

IRR/NPV analysis

Communication skills

Attention to detail

Teamwork

Education

Bachelor of Commerce (Finance/Economics/Math)

MBA

Tools

Adobe InDesign

Job description

We are looking for interesting, independent thinkers and doers who can help shape the culture of a forward-looking company that's proud of its legacy.

The Mortgage Analyst works in a team-based environment focusing on delivering high-quality market analysis and financial reporting. This position will expose the analyst to a wide variety of commercial real estate transactions and provide an industry leading exposure to commercial real estate underwriting fundaments.

This position is full-time in person in our Calgary, AB office.

This Position Offers

• Competitive annual salary plus bonus;
• Comprehensive benefits package, which includes extended health care (with paramedical coverage), dental, health spending account, Employee & Family Assistance Program as well as life & disability insurance;
• Growth opportunities within Canada ICI;
• Mentorship from some of the strongest Analysts and Originators within the commercial real estate industry.
• Matching RRSP Program.

Responsibilities

• Work with our mortgage professionals to analyze commercial mortgage investments.
• Evaluate the quality of the mortgage investment through analysis of operating statements, rent rolls, financial statements, market data, third party engineering reports, and appraisals.
• Preparation of proformas, cash flow models, and project specific underwriting.
• Obtain and share market data to entire origination group (market reports from brokerages, CMHC Data, Cost Consultants reports etc.).
• Maintain database of market data (i.e. comparables for lease rates, vacancy rates, construction costs, etc.) and share with origination group.
• Review and summarize all third-party reports (appraisals, BCA’s, Environmental, etc.).
• Organize and manage all project related documentation, information, and folders.
• Assist Mortgage Origination team in structuring mortgage opportunities based on the investment criteria of over 100 sources of mortgage capital available to Canada ICI.
• Completion of an institutional quality Mortgage Investment Brochure.
• Preparation of commitment letters for review by the Mortgage Origination team, Lender and the Lender’s solicitor.
• Working with the Mortgage Origination team to manage and coordinate the funding process.
• Ensure all written and electronic documentation meets compliance requirements, while maintaining highly organized and current data files for all client sales folders.
• Establish relationships with third party report providers (appraisers, engineers, cost consultants).

Qualifications

• Bachelor of Commerce Degree (Major in Finance, Economics or Math); or MBA.
• 1 year of experience in the Commercial Real Estate Industry is considered an asset.
• Strong understanding of basic finance modeling, including rates of return, IRR, NPV, and cash flow modeling.
• Applicable provincial mortgage license is considered an asset, or you must be willing to obtain it within your first 6-months of employment.
• Excellent financial analysis research and underwriting skills.
• Strong interpersonal and communication skills.
• Clear understanding of cash flow statements, preparation and analysis.
• High attention to detail.
• Ability to multi-task and work in a fast-paced environment.
• Expert level of knowledge in Excel required to include formulas, pivot tables, charting, etc.
• Past teamwork, and team player focus and experience required.
• Knowledge of Real Estate or Finance Industry an asset.
• Adobe InDesign software experience valuable but not necessary.

About Canada ICI

Canada ICI Capital Corporation is an industry leader in the distribution and management of compelling mortgage products, specializing in commercial mortgage origination, direct lending, and mortgage asset management. Through its national platform, the firm combines entrepreneurial agility with institutional discipline to help borrowers access capital and enable mortgage investors to fund confidently in high-quality opportunities.

As one of the country’s most active CMHC lenders, Canada ICI offers a comprehensive suite of CMHC construction and term financing products for top-tier borrowers across Canada. Its CMHC program is widely regarded as one of the most reliable and competitive sources of capital in the market.

Canada ICI is committed to building a diverse, equitable, and inclusive workforce and welcomes applications from all qualified candidates, including individuals with disabilities. Accommodations are available upon request for candidates participating in all aspects of the recruitment and selection process. We strongly encourage applications from candidates of diverse backgrounds and experiences.

AI-enabled tools may be used during the recruitment process to support applicant screening and assessment. Hiring decisions are made by qualified team members.

While we thank all applicants for their interest, only those individuals selected for an interview will be contacted.