Analyst or Associate, Real Estate Finance - Toronto, Canada - Otéra Capital

Otéra Capital

Verified Company

Toronto, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Otéra Capital Inc.

is a major institutional commercial real estate debt player across North America and a leader in Canada, known for its expertise, professionalism and reliability.

Otera's success is largely based on the talent, expertise and complementarity of its employees.

The group offers an environment that is both stimulating and dynamic, where we pursue excellence, we care, we innovate, we take ownership and we collaborate.

Otera employees benefit from a competitive global compensation package, as well as professional development and wellness programs.

Your role

This involves:

Completing property underwriting analysis (including market, project budget, cash flow analyses, valuation).
Preparing monthly and semi-annual reporting submissions.
Assisting with the drafting of credit submissions.

All under the guidance of senior team members.

Responsibilities:

Underwrite new opportunities and assist in the preparation of comprehensive narrative and analytical credit submissions;
Complete due diligence including market reviews, condominium sales reviews, project budget reviews, lease reviews, borrower and guarantor financial statement analysis and review of property reports (appraisal, environmental and geotechnical);
Asset management and completion of semiannual reviews for the existing mortgage portfolio, due diligence for loan closings and update mortgage administration system;
Processing and obtaining the necessary internal approvals for various borrower requests (amendments to loan structure (i.e. sources and uses, loan term extensions, partial discharges, etc.);
Preparation/validation of various internal reports;
Assist in drafting term sheets and commitment letters.
Your profile
Bachelor's degree in Finance, Business Administration or Real Estate is an asset;
13 years of experience in a similar job position;
Working knowledge of the commercial real estate sector (across Canada);
An understanding of real estate, its development and valuation;
Excellent interpersonal skills and commitment to learning and willingness to contribute to the team;
Selfstarter and independent learner;
Excellent Excel skills;
Proficiency in Outlook, Word;
Strong analytical, research and quantitative skills;
An understanding of underwriting from the lender's perspective;
Excellent verbal and written communication skills and the ability to interact professionally with a diverse group of executives, relationship managers and credit managers;
General understanding of loan documentation;
Ability to work both independently and as part of a team;
Ability to work on several concurrent projects with strict deadlines;
Outstanding organizational and time management skills.
Selfmotivated with a high degree of integrity, honesty and ethics