Associate, Non-Core Lending Mortgage

Overview

Underwrite, execute, and monitor real‑estate construction loans while mentoring analysts.

Key Responsibilities

• financial modeling
• loan underwriting
• risk monitoring
• portfolio reporting
• due diligence
• client relations

Tasks

-Prepare periodic portfolio reports and presentations for senior management and stakeholders. -Contribute to building a collaborative and high-performing team culture and live up to the BGO Culture Code. -Monitor covenant compliance, conditions precedent, and undertakings throughout the loan term. -Oversee third-party due diligence: appraisals, cost consultant reports, environmental assessments, market studies. -Support business development by identifying opportunities with existing clients and referral networks. -Recommend enhancements to underwriting models, monitoring tools, and reporting processes. -Identify and mitigate risks related to cost overruns, schedule delays, absorption risk, or regulatory changes. -Assess borrower strength, guarantor financial capacity, project feasibility, and market conditions. -Coordinate with legal counsel, external consultants, and internal credit/risk teams to ensure efficient execution. -Contribute to strategic initiatives related to portfolio growth such as business plans and risk management. -When required prepare term sheets and commitment letters in case of approved loans. -Present recommendations to Credit Risk Management and senior management for approval. -Act as a contact for brokers, borrowers, developers, and guarantors, building strong professional relationships. -Flag emerging risks and recommend proactive measures. -Lead the underwriting of new loans including but not limited construction loans, development loans, bridge loans, and preparing detailed financial models, sensitivity analyses, and credit memoranda. -Review work prepared by junior team members for accuracy and completeness. -Draft and negotiate loan terms, ensuring alignment with internal credit risk appetite. -Provide guidance and training to Analysts and junior staff on underwriting techniques, financial modeling, and loan monitoring best practices. -Manage ongoing monitoring of construction projects: reviewing draw requests, analyzing quarterly reports, and ensuring adequacy of project contingency. -Prepare loan extensions or work on loan amendments for active loans.

Requirements

• excel
• argus
• underwriting
• bachelor's
• cfa
• 5+ years

What You Bring

-Comfortable mentoring junior team members and providing constructive feedback. -Bachelor’s degree in Finance, Economics, Real Estate, Accounting, Business, or a related field. -Loan underwriting and structuring skills, scenario testing, and risk sensitivity analyses. -Analytical, detail-oriented, and solution-focused. -Exposure to a broad range of asset classes (residential, mixed-use, commercial, industrial, etc.) is preferred. -Good credit judgment and ability to balance risk with business opportunity. -Proficiency in Microsoft Excel, PowerPoint, and Word; Argus or other real estate modeling tools is an asset. -Demonstrated experience structuring and underwriting complex real estate construction or development loans. -Knowledge of loan documentation, mortgage security structures, and Canadian -Ability to manage multiple complex transactions simultaneously under tight deadlines. -Demonstrated initiative, leadership, and sound business judgment. -5 years or more of relevant work experience in real estate construction lending, commercial real estate finance, or underwriting. -Client-oriented mindset with strong relationship management skills. -Strong communication skills: capable of drafting clear, persuasive credit recommendations and presenting to senior stakeholders. -Deep understanding of construction budgets, cost monitoring, and development timelines. -Advanced degree CFA designation, CPA, or similar is an asset.

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About Bgo

-Blends Canadian and American real estate legacies into a united powerhouse. -Operates a global lending platform offering real estate debt solutions alongside investment and property-management services. -Develops focused investment vehicles tailored to regional markets. -Maintains deep local expertise with offices in 13 countries, enabling nuanced market entry and execution in primary and secondary real estate markets. -Launched specialized units like BGO Cold Chain to unlock niche markets, such as modern cold-storage infrastructure for food-supply resilience. -Part of Sun Life’s alternative asset arm, it leverages SLC Management’s platform to scale co-investment and strategic-capital partnerships.

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