Job Title

Our client is a real estate asset manager investing in debt, equity, and public securities on behalf of its account, LP, and institutional investors. They are a commercial real estate capital provider with mortgage investments across all real estate asset classes in Canada and an AUM of over 5 billion and growing! Their opportunistic equity platform focuses on investments in ground-up and value-added projects in Canada and the United States.Our client seeks an Associate Director of Credit Risk to support the credit risk and underwriting functions. Reporting to the Director, the ideal candidate would be well-versed in complex deal structuring, annual review oversight, financial auditing, and investor relations.ResponsibilitiesSupervise a team of 4-6 analyst underwriters, providing performance feedback, mentoring, and skill developmentContribute to the organizations strategic direction by developing and implementing Risk Management strategies, policies, and proceduresReview commitment letters, credit presentations, and funding checklists for accuracy and complianceParticipate in credit committee discussions to ensure effective risk identification and mitigationEnsure policies and procedures align with CMHC requirements and updates, including changes to the Lenders HandbookProvide feedback to Origination and Analyst teams on evolving credit requirements and common themesConduct due diligence on complex loan applications, analyzing borrower profiles, financial data, and asset valueInteract with clients and perform site visits to support thorough underwriting and funding processesAbility to manage a high volume of deal flow with a low error rateStay informed about market trends and commercial mortgage developmentsNetwork within the industry through meetings, events, and involvement in real estate organizationsQualificationsUniversity Degree in Business Administration or related field preferred4+ years of experience in mortgages, specifically in commercial underwritingCMHC-insured lending experience preferredGreat attention to detailAdvanced proficiency in Microsoft Office (Word, PowerPoint, Excel)Capable of working autonomously with minimal supervisionExcellent verbal and written communication abilities in EnglishUnderstanding policies ensures operations and procedures are aligned with internal investors and CMHC processes and policiesSelf-motivated with a strong work ethic and leadership skillsDemonstrated success in achieving results through innovation and critical thinkingWhy Join Their Team?Medical BenefitsDental CoverageLong-Term DisabilityTherapy/CounsellingHealth and Wellness Spending AccountRRSP Employee Matching