Associate, Credit Risk & Underwriting

at  Trez Capital

Why Join Trez Capital?
Founded in 1997, Trez Capital is a non-bank leading provider of private commercial real estate debt and equity financing solutions in Canada and the United States. For over 25 years, we have consistently provided developers and owners with flexible short-to-mid-term financing. Trez Capital also offers private and institutional investors strategies to invest in a variety of opportunistic, fully secured mortgage investment funds and investment assets. We have built our reputation on doing what we say, with a results-oriented approach to everything we do. We are building a better future as we proudly build better places for people to live, work and play. We are committed to our values – Trust, Respect, Excellence, and Zest - in all that we do.
We pride ourselves on our relationships and are passionate about providing exemplary client service, creating loyal and satisfied investors and borrowers and fostering a collaborative environment in which our employees can excel. We believe in hiring the best people who are as committed to creating incredible experiences for our clients and our team members. We set bold goals and deliver results.

PRIMARY ACCOUNTABILITIES:

• Conduct comprehensive credit risk assessments of loan opportunities.
• Collect and analyze due diligence materials and market data for commercial real estate loan opportunities.
• Coordinate and manage relationships with third-party professionals (borrowers, lawyers, appraisers, engineers, etc.) to facilitate the underwriting process.
• Identify key risks and propose appropriate mitigants.
• Evaluate borrower and sponsor financial position, highlighting strengths and areas requiring further investigation.
• Perform financial modelling based on property-level data (e.g. appraisals, project budgets and profitability) to calculate key risk metrics.
• Perform sensitivity analysis on key financial metrics.
• Analyze competitive market positioning of subject properties, including comparable rents, sales data, absorption, growth, market trends and demographic information.
• Conduct appropriate due diligence on financial sponsors and key management.
• Evaluates collateral strength using property condition assessments, environmental and other reports.
• Collaborate effectively with internal teams, including Origination, Credit Committee, Commercial Mortgage Funding, Asset Management and Loan Accounting.
• Determine appropriate market comparables for property valuation and conduct site inspections and reviews when required.
• Assist with loan renewals and modifications, performing additional underwriting as required.
• Makes recommendations for continuous improvement of the Credit Risk & Underwriting Team, to streamline workflows and enhance team productivity.
• Stay informed on best practices and industry developments in commercial mortgage lending.

Additional Accountabilities:Embraces the Trez core values:

• We build Trust through the integrity of our people and our actions. We have built our reputation on transparency and doing what we say, with a rigorous, results-oriented, risk-managed approach to everything we do.​
• ​We pride ourselves on the Respect we create inside and outside the firm. We are passionate about providing exemplary client experiences creating loyal and satisfied investors, partners and borrowers and fostering a collaborative environment in which our employees can excel.​
• ​We pursue Excellence for our employees, investors, partners and borrowers. Everyone who works with us is accountable for our clients’ success. ​
• ​Our bold goals and winning outcomes are the results of our ability to create unique offerings based on our unwavering Zest, discipline and innovative entrepreneurialism.​
• Complies with all Policies and Procedures, work rules, and standard operating procedures
• Safeguards the interests of the business, our people and our customers
• Updates job knowledge by participating in educational, training and networking opportunities
• Completes other related duties as required

QUALIFICATIONS AND EXPERIENCE:

• Bachelor’s degree in commerce or business administration, with a major in Urban Land Economics, Real Estate (with land law), or Finance preferred.
• Must obtain a Mortgage Broker License within nine (9) months of commencing the role

CORE COMPETENCIES (KNOWLEDGE, SKILLS & ABILITIES):

• Excellent organizational skills, with the ability to manage multiple projects and a high-volume workload, in a fast-paced environment.
• Demonstrated ability to achieve high performance standards.
• Exceptional written and verbal communication skills.
• Strong emotional intelligence and interpersonal skills, fostering positive relationships.
• Customer focused, with a results-driven mindset.
• Exceptional analytical and problem-solving skills, with acute attention to detail.
• Ability to work both independently and as part of a team.
• Proficiency in Microsoft Office, with an emphasis on Word and Excel.
• Strong knowledge of Real Estate and Finance.

The Associate, Credit Risk & Underwriting is responsible for evaluating and underwriting real estate loan opportunities. The role requires the Associate to develop a deep understanding of both real estate markets and credit risk. The Associate will handle assigned tasks with increasing autonomy, while seeking guidance from senior team members on more complex credit risk and underwriting issues.