Analyst, Debt

Dream is looking for an Analyst Debt (Calgary or Toronto)!

Join us we have an exciting and rewarding opportunity for an Analyst of Debt to support underwriting origination and management of Dreams debt this role you will be responsible for a range of tasks covering a portfolio of land and construction financing conventional term mortgage financing corporate credit facilities affordable housing and sustainable finance initiatives and other public and private capital vehicles within and outside of Canada.

You will be managing debt for a portfolio of first-class commercial properties across asset classes including residential office industrial commercial assets and large-scale mixed-use developments within our multiple public entities such as TSX-listed Dream Unlimited Corp Dream Office REIT Dream Residential REIT and Dream Impact Trust as well as for various private equity vehicles managed by Dream. Your portfolio could include some of our most high-profile developments such as Zibi in Ottawa/Gatineau Alpine Park in Calgary Brightwater in Port Credit Quayside in Toronto Odenak in Ottawa and the Brighton Community in Saskatoon.

This role may be based in either Calgary or Toronto and may require occasional travel.

A Day in the Life:

In this role you will have the opportunity to drive the finance origination underwriting and reporting processes for new developments re-developments and investments/acquisitions within your debt portfolio. The Analyst plays a central role working cross-functionally with other departments (e.g. Development Investment Asset Management Leasing Accounting etc) and industry professionals. You will continually be challenged with complex projects and eventually grow to lead the debt process from start to finish within your portfolio. You will have a direct impact on capital stack strategy and how we approach lenders and source competitive loan structures and terms. You will be a key contributor in maintaining the risk management process and looking at pipeline projects debt maturities as well as loan structures to ensure that Dream is protected. Your aptitude to learn and take on new projects will deepen your knowledge of the real estate industry and in different asset classes.

Every day is different providing new experiences and learning opportunities. You will be surrounded with and supported by dynamic colleagues who work hard and enjoy the work we accomplish together. We build strong relationships within our team and across the organization through collaboration and fun social events too.

Here are some of the responsibilities you will take on:

• Conducting project property and portfolio level financial and risk analysis and providing recommendations to senior management.
• Preparing high-quality financing presentations and confidential information memorandums (CIMs) and participating in delivering lender presentations.
• Preparing comparison and analysis of financing proposals received.
• Reviewing a wide variety of loan-related documentation initiated during the debt financing or renewal process including commitment letters credit agreements financial reports development plans/approvals leases purchase and sale agreements appraisals and third party consultant reports.
• Liaising with lenders internal teams and other stakeholders to ensure that all supporting documents and pre-funding conditions have been satisfied prior to receiving funds.
• Instructing and interacting with third party partners during loan close process including but not limited to; joint venture partners property managers external consultants and legal representatives as well as internal asset managers and investment teams.
• Maintain debt database records ensuring all key debt terms and conditions as well as lender reporting requirements are tracked following loan execution.
• Collaborate with Accounting Strategic Finance and Asset Management teams to perform risk monitoring of Dreams debt portfolio to manage compliance and maturity rollover risks including review of historical results forecasts refinancing underwriting borrowing base and covenant calculations.
• Coordinate lender financial and compliance reporting.
• Consult with cross-functional teams to collect necessary information for formulation of lender consent requests and respond to lender inquiries.
• Coordinate debt portfolio operations including interest rate management loan draws and repayments from dispositions and project/property/portfolio level financial and risk analyses to provide debt optimization recommendations and action plans to senior management.
• Preparing monthly debt management report for senior executive to support business decisions.
• Special projects ad hoc reports and other activities as assigned.

Your Experience Includes:

• Bachelors degree in finance real estate or accounting.
• 2-4 years of relevant professional experience with preference for candidate with experience in real estate finance commercial real estate lending or similar environments.
• Familiarity of the real estate landscape including understanding of acquisition/investment development asset management and financing. Experience preparing or analyzing development budgets and pro-formas considered a plus.
• Experience in debt modeling or underwriting considered a plus.

Areas that play to your strengths:

If you have experience and knowledge in the following we consider this a great asset for being successful in this role.

• Ability to think analytically with strong attention to detail and with drive to identify potential risks and solve problems creatively.
• Advanced Excel proficiency including cash flow modeling use of pivot tables and database management functions
• Advanced PowerPoint proficiency for preparing high quality pitch decks
• Strong oral and written abilities demonstrated in reports presentations and meeting facilitation.
• Ability to decipher complex language in loan documents and other contracts.
• Strong people skills you are a hands-on team player with a proven ability to collaborate and build relationships at all levels of the organization and with external service providers and stakeholders.
• Curiosity thirst for knowledge and growth ability to reason and think outside the box to solve problems and desire to champion continuous process improvements.
• Strong time management skills with ability to multitask prioritize and juggle several projects and work in a fast-paced dynamic environment.
• Proven project management skills with the ability to thoughtfully plan and manage multiple projects simultaneously from start to finish setting clear objectives and delivering on goals.
• Proactive and innovative self-starter able to identify evaluate and execute new ideas and support with results and have no issues with working independently under minimal supervision.
• Dedicated to continual education and growth of their career.

What do we do

Dream Unlimited is an award-winning Canadian real estate investment development and management company with approximately $28 billion of assets under management in North America and Europe. Our scope of business includes asset management and management services for four publicly listed funds.

Dream has grown substantially since its formation in 1994 becoming one of Canadas leading real estate companies with a diverse workforce in North America and Europe. We are one of Canadas largest developers building communities for people to live in; developing land homes condominiums retail centers and renewable power projects. We also build communities to work in bringing office industrial and retail spaces to life. We invest in and manage properties enriching them for the people who work here and the greater community.

Our entrepreneurial spirit drives us to seize unconventional opportunities and approach every project with passion and purpose. At Dream we care about our employees provide exciting work opportunities open work environments and fun events fostering an atmosphere where continuous learning and innovation thrive. Join us and make a difference.

Dream Unlimited is committed to workplace diversity and provides accommodations to applicants with disabilities throughout our hiring process. If you require accommodation through any aspect our process please let us know and we will work with you to meet your needs.

Required Experience:

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