Senior Mortgage Analyst

Posted 30 April 2024

Senior Mortgage Analyst at Manulife

Corporate Services: Finance Full-time Toronto

Experience: Mid-Level
Education Required: Bachelor’s Degree with concentration in business, finance, accounting or real estate required.
Salary Range: Not Specified

Close date: 20 May 2024

Apply now

We are a leading financial services provider committed to making decisions easier and lives better for our customers and colleagues around the world. From our environmental initiatives to our community investments, we lead with values throughout our business. To help us stand out, we help you step up, because when colleagues are healthy, respected and meaningfully challenged, we all thrive. Discover how you can grow your career, make impact and drive real change with our Winning Team today.

Position Description

The opportunity

Manulife is looking for a dynamic and collaborative individual to support the growth of our lending business. The Senior Analyst, Commercial Real Estate Finance Group is responsible for assessing, evaluating, and analyzing investment proposals to prepare recommendations on a wide variety of commercial mortgage transactions in the Greater Toronto Area and Southwestern Ontario Region, Canada.

Working Arrangement

Hybrid – In Office, 3-4 days per week (subject to change) – Location: 100 King Street West (First Canadian Place), Suite 2575, Toronto, ON

Position Responsibilities

  • Analyze and provide written recommendations on investment proposals requiring approval in accordance with Manulife’s Lending Guidelines and general investment criteria.
  • Assist in Portfolio Monitoring including site inspections, annual loan reviews, and the evaluation of any potential problem loans while collaborating with internal stakeholders.
  • Assist with the delivery of accurate and substantive reporting to VP & Senior Managing Director of the Canadian Real Estate Finance Group.
  • Transactions to include conventional mortgages across multiple asset classes, along with CMHC insured mortgages, and syndicated transaction (participation) structures.
  • Assist in the collection and review of necessary due diligence items and the presentation of investment proposals within required timelines.
  • Collaborate with all members of the Toronto Branch to ensure service quality and timely funding is achieved to client expectations.
  • Assist in achieving all business objectives including new business volume and profitability targets.
  • Maintain a high level of knowledge of the industry, competition, and market trends.
  • Assist in the maintenance of the Mortgage Loan pipeline to facilitate accurate reporting on deal flow.
  • Interact with commercial real estate brokers, institutional and high net worth borrowers, attorneys, and third-party vendors (appraisers and specialists) to gather underwriting information, compile due diligence package, and finalize contracts.

Required Skill / Experience

What we are looking for

  • Bachelor’s Degree with concentration in business, finance, accounting or real estate is required
  • 3-5years in commercial mortgage lending / underwriting /commercial real estate
  • In depth understanding of commercial real estate and mortgages
  • Ability to pro-actively work with a range of collaborators to achieve objectives and deadlines in a fast-paced environment. Ability to work as a great teammate and to develop strong working relationships across various groups and locations
  • Excellent influencing and communication skills. Sound analytical and problem-solving skills. Effective customer service and interpersonal skills. Strong organizational, time management and priority setting skills to meet tight deadlines
  • Strong analytical skills (both quantitative and qualitative). Strong risk assessment skills. Ability to compile, monitor, examine, and audit various financial, performance, and/or data reports for accuracy, integrity, and conformance to performance benchmarks
  • Ability to draw conclusions and prepare written findings and presentations. Ability to evaluate and determine property valuations under a variety of scenarios
  • Strong knowledge of MS Office, with advanced proficiency in Excel and PowerPoint
  • Ontario driver’s license is required to conduct site inspections.

What can we offer you?

  • A competitive salary and benefits packages.
  • A growth trajectory that extends upward and outward, encouraging you to follow your passions and learn new skills.
  • A focus on growing your career path with us.
  • Flexible work policies and strong work-life balance.
  • Professional development and leadership opportunities.

Our commitment to you

  • Values-first culture
    We lead with our Values every day and bring them to life together.
  • Boundless opportunity
    We create opportunities to learn and grow at every stage of your career.
  • Continuous innovation
    We invite you to help redefine the future of financial services.
  • Delivering the promise of Diversity, Equity and Inclusion
    We foster an inclusive workplace where everyone thrives.
  • Championing Corporate Citizenship
    We build a business that benefits all stakeholders and has a positive social and environmental impact.

About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services group that helps people make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we operate as Manulife across our offices in Asia, Canada, and Europe, and primarily as John Hancock in the United States. We provide financial advice, insurance, and wealth and asset management solutions for individuals, groups and institutions. At the end of 2022, we had more than 40,000 employees, over 116,000 agents, and thousands of distribution partners, serving over 34 million customers. At the end of 2022, we had $1.3 trillion (US$1.0 trillion) in assets under management and administration, including total invested assets of $0.4 trillion (US $0.3 trillion), and segregated funds net assets of $0.3 trillion (US$0.3 trillion). We trade as ‘MFC’ on the Toronto, New York, and the Philippine stock exchanges, and under ‘945’ in Hong Kong.

Manulife is an Equal Opportunity Employer

At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law.

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact [email protected].

Salary & Benefits
The annual base salary for this role is listed below.
Primary Location
CAN, Ontario, Toronto, 100 King Street West, Suite 2575

Salary range is expected to be between
$70,350.00 CAD - $117,250.00 CAD

If you are applying for this role outside of the primary location, please contact [email protected] for the salary range for your location. The actual salary will vary depending on local market conditions, geography and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training. Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance.

Manulife offers eligible employees a wide array of customizable benefits, including health, dental, mental health, vision, short- and long-term disability, life and AD&D insurance coverage, adoption/surrogacy and wellness benefits, and employee/family assistance plans. We also offer eligible employees various retirement savings plans (including pension and a global share ownership plan with employer matching contributions) and financial education and counseling resources. Our generous paid time off program in Canada includes holidays, vacation, personal, and sick days, and we offer the full range of statutory leaves of absence. If you are applying for this role in the U.S., please contact [email protected] for more information about U.S.-specific paid time off provisions.

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