Onsite Senior Director, Mortgage Origination

Posted 4 minutes ago

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About the role

  • Senior Director responsible for mortgage origination, underwriting, and commitment in real estate at Canada Life. Leading commercial mortgage transactions and ensuring compliance with investment policies.

Responsibilities

  • Reporting to the Senior Managing Director of Origination
  • Originate, negotiate, underwrite and recommend new ICI mortgage loans to align with Company investment policies, procedures
  • Direct the preliminary underwriting for new loans to obtain senior management agreement prior to proceeding with the transaction
  • Prepare and negotiate term sheets and prepare commitment letters confirming financial terms and conditions as approved by the Company
  • Ensure all terms and conditions of commitment letters have been satisfied working in association with the Mortgage Administration/Documentation team
  • Ensure yield requirements and risk management in compliance with investment policies.

Requirements

  • Bilingualism (fluent in French and English) required
  • Post secondary degree in business, finance or real estate or equivalent combination of education and experience.
  • Enrollment in or completion of an MBA, CFA program or A.A.C.I. real estate appraisal program would be an asset
  • 5 - 10 years experience in commercial real estate.
  • Direct commercial mortgage lending experience preferred
  • Good understanding of commercial valuation methodology, financial statement review, credit, and real estate market and real property analysis
  • Excellent interpersonal skills and strong oral and written communication skills
  • Strong computer skills (Excel) and Power Point.

Benefits

  • Health insurance
  • Retirement plans
  • Paid time off
  • Flexible work arrangements
  • Professional development opportunities

Job title

Senior Director, Mortgage Origination

Job type

Experience level

Senior

Salary

CA$119,300 - CA$169,300 per year

Degree requirement

Bachelor's Degree

Location requirements

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