Student Analyst, Development (Summer 2027, 4 Months)

OMERS / Oxford Properties Group; Toronto; On-site; CAD 66,000 - 88,000; Full time

Job summary

Oxford's Real Estate Development team in Toronto is seeking an exceptional undergraduate for a 4‑month internship beginning May 2027. You will be embedded in one of Canada's most ambitious development platforms, with a pipeline exceeding $10B across multi-family residential, office, life sciences, and retail.

You will build and own financial models, run scenario analyses, and prepare underwriting materials for Investment Committee.

Qualifications

• Progress toward an undergraduate degree in Real Estate, Urban Planning/Development, Finance, Economics, or Commerce.
• Strong understanding of real estate and financial concepts, development, debt underwriting, and equity investments.
• Exceptional written and verbal communication, interpersonal, problem solving, and time management skills.
• Proficiency in Microsoft Excel (financial modeling).
• Self-motivated with strong work ethic and high attention to detail.
• Ability to manage competing priorities and deadlines.
• Growth-oriented with genuine long-term interest in real estate development.

Responsibilities

• Build and own financial models developing proforma underwriting for active and prospective development projects across multiple asset classes.
• Run sensitivity and scenario analyses on lease economics and project costs with clear narratives for senior decision-makers.
• Prepare materials for Investment Committee and co-owners, including underwriting packages and milestone updates.
• Drive the pre-development process by sourcing, organizing, and interpreting market, zoning, and financial data.
• Provide analytical support across quarterly and annual reporting cycles for Development and Construction leads.
• Identify risks, flag inconsistencies, and raise substantive questions.
• Contribute to the capstone project aligned with the team’s daily processes.

Skills

Financial modeling

Communication

Time management

Problem solving

Excel

Education

Undergraduate degree in Real Estate/Urban Planning/Finance/Economics/Commerce

Tools

Microsoft Excel

Job description

Choose a workplace that empowers your impact. Join a global workplace where employees thrive. One that embraces diversity of thought, expertise and passion. A place where you can personalize your employee journey to be - and deliver - your best. We are a leading global real estate investor, developer and manager. We combine our capital with our capabilities to create real estate that strengthens economies and communities. By prioritizing people, partnerships and places, we generate meaningful returns for OMERS members, enhance value for our capital partners and create a brighter world for our customers.

Join us to accelerate your growth & development, prioritize wellness, build connections, and support the communities where we live and work. Don’t just work anywhere - come build tomorrow together with us. Know someone at OMERS or Oxford Properties? Great! If you're referred, have them submit your name through Workday first. Then, watch for a unique link in your email to apply.

Why join us? Are you looking to join an innovative, global real estate company that builds communities and connects people to exceptional places? If so, we would love to tell you our story. At Oxford, our culture is truly one of a kind. Across business lines worldwide, we embrace the complex and tackle opportunities with speed and agility. We are ambitious and humble, forward-looking, and service-focused. We get stuff done and have fun doing it! We take great pride in contributing to the communities where we live, work and play. We believe that what is good for the environment is good for business. Together we deliver exceptional experiences to our over 2 million daily customers.

We are looking for an exceptional candidate to join Oxford's Real Estate Development team in Toronto for a 4-month internship, starting in May, 2027. This is a role for someone who embraces complexity, operates with urgency, and brings an ownership mindset from day one. You will be embedded in one of Canada's most ambitious development platforms, with over $1B in active projects and a pipeline exceeding $10B across multi-family residential, office, life sciences, and retail.

As a member of this team, you will:

• Build and own financial models developing proforma underwriting for active and prospective development projects across multiple asset classes, with a level of rigor that can withstand Investment Committee scrutiny.
• Run sensitivity and scenario analyses on lease economics and project costs, translating outputs into clear, defensible narratives for senior decision-makers.
• Prepare materials for Oxford's Investment Committee and co-owners, including project underwriting packages, milestone updates, and strategic recommendations.
• Drive the pre-development process by proactively sourcing, organizing, and interpreting market, zoning, and financial data to assess new opportunities.
• Provide high-quality analytical support across quarterly and annual reporting cycles for Development and Construction leads, including accruals and variance analysis.
• Proactively identify risks, flag inconsistencies, and raise substantive questions.
• Contribute long-term functional value to Oxford’s development team by completing a capstone project aligned with the team’s everyday processes.
• Raise the analytical floor of the team by sharing knowledge, modeling best practices, and fostering a culture of intellectual curiosity and continuous improvement.

To succeed in this role, you bring:

• Progress towards an undergraduate degree in Real Estate, Urban Planning/Development, Finance, Economics, or Commerce.
• Strong understanding across real estate and financial concepts, development, debt underwriting, and equity investments.
• Exceptional written and verbal communication, interpersonal, problem solving, and time management skills.
• Relative proficiency in Microsoft Excel (financial modeling).
• Self-motivated individual with a strong work ethic and high level of attention to detail.
• The ability to manage competing priorities and deadlines.
• Self-motivated and growth-oriented, with a genuine long-term interest in a career in real estate development.

This posting is for an existing vacancy.

The expected salary range for this position is $66,300.00 - $87,750.00 per year, prorated based on the term of the contract.

• You may also be eligible to receive an annual Incentive Award pursuant to our Short-term Incentive plan and our Long-Term Incentive plan (if applicable), and to participate in our group benefits and retirement plans – details on these elements of compensation are included within OMERS & Oxford offer letters.

Oxford's purpose is to strengthen economies and communities through real estate. Our people-first culture is at its best when our workforce reflects the communities where we live and work - and the customers we proudly serve.

From hire to retire, we are an equal opportunity employer committed to an inclusive, barrier-free recruitment and selection process that extends all the way through your employee experience.

This sense of belonging and connection is cultivated up, down and across our global organization thanks to our vast network of Employee Resource Groups with executive leader sponsorship, our Purpose@Work committee and employee recognition programs.

We're committed to:

• We are passionate about inclusion and advocate for I&D across our network of employees, members and partners.
• We are proud of our commitment to developing a best in class approach to complete wellness for our employees and members.
• We invest in our people, providing them with opportunities so they can develop and grow.