Credit Analyst, Commercial Mortgages
Description
Be Part of a Socially Responsible Organization
We are a unique asset management firm that stands out for value creation and its pursuit of sustainable wealth for our clients. Thanks to our people's expertise, we can achieve our purpose and participate in the responsible development of our communities.
We manage more than 40 billion dollars in assets and have more than 170 employees spread across our headquarter in Montreal and our offices in Toronto, Guelph, and Regina. We have adopted a hybrid work model that promotes work-life balance as well as a collegiality that sets us apart in the workplace.
The Commercial Mortgages Sector: A Unique Asset Class
Are you interested in joining a team of experts dedicated solely to commercial mortgages, creating long-term value through diversified mortgage portfolios? Addenda Capital is the ideal place to build relationships with key market players and collaborate with colleagues from other sectors.
Reporting to the Senior Manager, Commercial Mortgages, you will support the management of the commercial mortgage investment portfolio. This includes assisting with the review of maturing loans by gathering and analyzing information to support renewal, refinancing, or payout recommendations, as well as monitoring watchlist loans to identify potential risks and flag issues for senior review.
You will also provide analytical support to Portfolio Managers by reviewing new mortgage investment opportunities, preparing credit summaries, and contributing to analysis that supports portfolio management decisions. This role focuses on financial analysis and risk assessment, with opportunities to build credit expertise and contribute to informed investment decisions.
Your responsibilities
- Prepare credit packages for mortgage renewals, refinances, and annual reviews, ensuring completeness and accuracy for senior review;
- Support Portfolio Managers by preparing underwriting summaries, conducting financial analysis, and assembling credit packages for new mortgage investments;
- Assist in monitoring upcoming loan maturities by analyzing loans that no longer meet portfolio objectives and ensuring timely repayment or execution of short-term extensions;
- Contribute to the development and maintenance of portfolio analytics and reporting, including gathering data and preparing analysis;
- Provide support to team members on routine credit matters and escalate more complex issues to senior staff as appropriate;
- Analyze and monitor real estate market conditions and deliver quarterly presentations to the Portfolio Managers to inform portfolio management decisions;
- Assist with the review and input of operating statements into the loan management system, ensuring data integrity and highlighting discrepancies for senior review;
- Collaborate with funding and administration teams to support timely and accurate loan funding
What you bring
- University degree – Business, Finance, or related discipline;
- CFA designation, enrollment in the CFA program with commitment to obtain the designation;
- 2- 5 years experience in commercial mortgages or real estate, investment management, or banking;
- Completion of the UBC Sauder School of Business Mortgage Brokerage Course within 12 months;
- Analytical skills including the use of Excel and mortgage underwriting systems;
- Superior written and verbal skills;
- Fluency in the French Language is considered an asset.
What sets you apart
- Strong attention to detail and accuracy under tight deadlines;
- Solid analytical thinking to support credit assessments;
- Effective organization and time management skills;
- Adaptable in a fast-paced, changing environment;
- Collaborative team player with a knowledge-sharing mindset;
- Proactive and resourceful, with sound judgment to escalate issues appropriately;
Do you have a genuine interest in this position and meet most of the requirements? Apply now! We value differences and discussions by creating and maintaining an inclusive, equitable and accessible work environment that fosters collaboration. Let us know what makes you unique and how you will make a difference in the Addenda Capital team.