Jr. Business Analyst - Co-op - CSI

The position will report to the Director, Portfolio Management but will have functions assigned by both the Portfolio Management, Origination and Servicing groups during the work term. This is a development role in the Commercial Mortgage Group providing an opportunity to learn the products, processes, networks and functions to enable and equip the candidate with a good overview of the commercial mortgage business. The role would be ideally suited for candidates with a strong interest in commercial real estate finance seeking a co-op term. The focus of the role will be to learn the skills, rationale and underlying mathematical aptitude required to develop and manage a commercial mortgage book of business. The individual will be provided with the opportunity to learn and be responsible for performing annual reviews, renewal loan summary, various analysis, correlating and presenting results of the business for the Origination group and for supporting the Servicing group in the ongoing management, monitoring, reporting and surveillance of a portfolio of commercial mortgage accounts, post funding. Origination Analytic and Reporting Projects · Gain knowledge to perform various analytical research tasks relating to key historical origination data utilizing Salesforce and interpreting the correlated metrics. · Assist with the Reporting Project by inputting data and interpreting outputs. Annual Reviews · Learn how to obtain relevant information i.e. borrower financial statements, personal net worth statements, property operating statements, rent rolls, leases, cash flows, forecasts and other pertinent information required to perform annual account reviews for a portfolio of conventional, CMHC insured and CMBS loans. · Learn to summarize all current information in a prescribed annual review format (to be submitted for approval to management, investor or master servicer as required). · Understand and identify loan accounts where adverse trending has occurred or is imminent. · Learn the Precision LM mortgage system, then utilize to input necessary information towards the report. Exit Analysis · Learn to understand various exit analysis and perform such analysis as assigned – refinance, sale and stress underwriting. · Learn to determine which upcoming maturities would be recommended for renewal and why. · Develop a loan summary for mortgage renewing clients using relevant information to assess the overall state of the property, borrower, and other personnel. Other · Assist in developing a quarterly market outlook report by using relevant information from high-level research reports i.e CBRE, JLL, Conference Board of Canada, and other reputable sources. · Perform various other functions and/or projects as assigned by the VP Origination or the Director Loan Servicing or Director, Portfolio Management. · Participate in weekly meetings with the Portfolio Management team to gain understanding on specific loans and learn about the necessary steps needed to mitigate risk. · Weekly meeting with Director to ask questions, problem-solve, and to create a mentor relationship throughout the co-op term.