Position Description

Commercial Lending Analyst (Account Manager, Post-Funding)
Location Vancouver
Job Code 218
# of openings 1
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Founded in 1974, CMLS Financial is a leading provider of real estate capital and mortgage solutions in Canada.  We service more than $21 billion in commercial and residential mortgages and have earned a “Superior” servicer rating (DBRS); our Mortgage Analytics team has a $35 billion footprint, valuing mortgages for a variety of Canada’s largest institutional owners, institutional fund managers, and mortgage investors.  Recent growth means our employees get valuable exposure to new learning opportunities and can truly have an impact on our business through a variety of initiatives. CMLS is also a certified Great Place to Work. 
We are looking for a motivated, customer-focused, resourceful problem-solver with commercial mortgage experience to join our Vancouver team as an Account Manager. The Account Manager will be responsible for assisting the Director, Credit and Commercial Servicing in the post-funding management of a sizeable commercial mortgage portfolio. The successful candidate will perform diverse account management functions, ensuring compliance with all contractual and regulatory requirements and mortgage underwriting best practices. Preferably, the successful candidate will have proven success in Commercial Real Estate (“CRE”) credit, however, we will give serious consideration to candidates who are CPA or have experience in at least one of the following business areas:  commercial portfolio management, and account management.  Experience in mortgage funding and mortgage servicing would be considered an asset.  The ability to review and analyze corporate financial statements is a must have.  This role is a non-sales position and accordingly has no sales goals. This role is ideal for a commercial mortgage analyst looking to supplement their underwriting background with a combination of legal, loan structuring, loan surveillance, default, portfolio management, and compliance experience. 
As an organization committed to continuous improvement, we expect all employees to build cross-department relationships and open strong channels of communication with internal groups, providing constructive comments on loan process and procedures. Our premises is located in Downtown Vancouver, located within two blocks of the Burrard Street Skytrain Station. Our building has best-in-class secured bicycle storage; gym and shower facilities; an indoor climbing/bouldering room, and spacious and active outdoor plazas along with outdoor recreation facilities.
Your core responsibilities and accountabilities are:
  • Interface with Investor(s) and Borrower(s) relative to negotiation/management of various loan issues (i.e. insurance claims settlements, expropriations, building stratifications, satisfying loan undertakings, processing escrow releases, and mortgage assumptions);
  • Loan documentation review/interpretation;
  • Timely satisfaction of tasks and application writing while remaining in compliance with servicing contract requirements;
  • Coordination/management of numerous parties (lawyers, borrowers, investors, originators, etc.) relative to specific account management tasks;
  • Watch list monitoring and early arrears administration;
  • Business case preparation and credit recommendation;
  • Doing your best work and being proud of it;
  • Other duties as required
This role is for you if:
  • You have experience in commercial mortgage funding, servicing/administration, account management, and/or commercial real estate credit analysis; 
  • Excellent knowledge of commercial real-estate with emphasis on income producing real estate in the four main sectors (multi-family, industrial, office and retail);
  • You have experience in underwriting, administering, or servicing CMHC-insured loans (multi-family real estate assets);
  • In lieu of direct real estate/real estate lending experience, you have completed an undergraduate degree in one of the following programs: finance, economics, urban land development, accounting, or business administration or a specific diploma program from a public university or college;
  • You have strong customer focus with the ability to foster positive relationships with internal and external stakeholders;
  • Be familiar with mortgage law, loan agreements, and security agreements; and you will be able to articulate problems, challenges, or solutions in real estate loan terms and conditions;
  • Demonstrate resourcefulness and creativity in developing action and realization plans that, whenever possible, satisfy are a ‘win’ for both CMLS and the Borrower;
  • Thrive in in an environment with minimal day-to-day management but be accountable to report into a Manager;
  • You have excellent communication skills, both written and verbal, and understand that email is a tool to facilitate communication and not a replacement for talking to or meeting with Stakeholders;
  • You have a passion for real estate combined with an understanding of financial statement analysis;
  • You possess strong analytical and problem-solving skills with high attention to detail;
  • You have strong verbal and written communication skills;
  • You have proven ability to work on and prioritize work tasks in order to manage multiple deadlines;
  • You are an intermediate to advanced level user of Microsoft Office (Excel and Word);
  • You are flexible and are able to quickly develop strategies to overcome obstacles; and
  • You have a passion to learn and you have a passion to share learning with others

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! The successful candidate will benefit from a high-growth entrepreneurial business culture, competitive compensation, and a combination of autonomy and coaching/mentoring. We thank all applicants for their time in applying, however we will only contact those selected for an interview. Consideration of applications will begin immediately and continue until the position is filled.

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