Job Order Detail

Description

Are you interested in joining a team of experts dedicated solely to commercial mortgages, creating long-term value through diversified mortgage portfolios? Addenda Capital is the ideal place to build relationships with key market players and collaborate with colleagues from other sectors.

Reporting to the Senior Manager, Commercial Mortgages, you will play a key role in the management of the active commercial mortgage portfolio, including negotiating renewal, refinancing, or payout terms for maturing loans and by monitoring watchlist loans that have fallen below underwriting standards. You will also support the Portfolio Managers by evaluating new mortgage investment opportunities and by providing analysis to guide portfolio management decisions.

Your responsibilities
Prepare comprehensive credit packages for mortgage renewals, refinances, and annual reviews;
Manage the upcoming loan maturities to negotiate payout or short-term extensions for loans that no longer meet portfolio objectives.
Support the Portfolio Managers by preparing underwriting summaries and credit packages for new mortgage originations;
Provide oversight and assistance in the assessment and loading of operating statements into the loan management system;
Assess loan assumption requests, including reviews of loan underwriting, property purchase agreements, and credit quality of the purchaser;
Work directly with funding and administration personnel to achieve timely and accurate loan funding and processing;
Assist in the ongoing development and management of portfolio analytics projects;
Provide mentorship and support to the Analysts for complex issues;
Analyze and monitor real estate market conditions and deliver quarterly presentations to the Portfolio Managers to inform portfolio management decisions.

*Available to work a minimum of 4 days in the office
For more details on this description, please visit our career page!