Job Board > VP Originations, Western Canada - Vancouver, BC - Cameron Stephens Mortgage Capital Ltd.

VP Originations, Western Canada - Vancouver, BC - Cameron Stephens Mortgage Capital Ltd.

This is a Permanent, Full-time position.

Category:
Province: Vancouver, British Columbia
Position: VP Originations, Western Canada - Vancouver, BC
Deadline: December 14, 2018
Posted: October 16, 2018

Job Description / Duties

This position will appeal to aggressive self-starters who thrive on being responsible for their own success. The successful candidate will generate new loan opportunities in Vancouver, BC that fit one of the company’s private or institutional Investors according to the specific requirements of each particular Investor.

In addition to being a part of a team with a true entrepreneurial spirit and limitless room for growth, we offer a compensation package that includes:

- Competitive salaries

- Attractive Sales Incentive Compensation Plan

- Comprehensive extended health benefits

- Educational assistance for professional development and accreditation

- RRSP matching program

- Employee wellness and work-life balance
programs

Qualifications / Required Skills

The VP Originations, Western Canada will be responsible for originating loans, completing an investment summary that outlines the merits of the proposed transaction, issuing letters of intent and commitment letters to allow the transaction to be completed. The company’s Underwriting and Investor Relations department will complete the loan underwriting and liaise with the Investor, so that the loan origination officer can spend the vast majority or his or her time in the market place originating new loan transactions.

Specifically, the VP Originations, Western Canada will:

- Develop a marketing plan and a call program to make calls and arrange face to face meetings with potential borrowers

- Independently structure new deals and assist in underwriting loan summaries

- Work with account management and servicing department to manage a portfolio of loans through the supervision of loan advances, site inspections, and annual loan reviews

- Work with funding group to ensure loans are funded

- Recognize and pursue potential business opportunities with new and existing clients

- Complete various project and loan analysis to identify the loan risk and establish loan amount

- Complete cash-flow, IRR and underwriting model analysis to establish loan pricing

- Summarize all project details, plans, figures and analysis into a Loan Summary to be circulated to the relevant Investor Credit Committee for review and approval

- Follow up and help resolve any funding issues

The candidate should be able to initially originate $ 75 to $ 100 million per annum in approved loan transactions and increase these numbers substantially after having 1 – 2 years’ experience.

Additional Information

Minimum Qualifications

- Undergraduate Degree in Commerce or Business Administration, with a Major in Urban Land Economics/Real Estate, Finance or equivalent

- Minimum 10 years of related work experience in the real estate lending industry with an established network of industry contacts

- Related work experience as an Underwriter of either commercial mortgages or business loans

- Knowledge of the commercial real estate marketplace in Western Canada

- Advanced knowledge of MS Excel and Word


Skills Required

- Demonstrates drive, persistence and independent initiative as would be expected in a sales role of this nature

- Excellent organization skills, with an ability to balance multiple projects and a high volume workload, in a fast paced entrepreneurial environment

- Strong marketing and cold calling skills
High ethical standards

- Natural inclination to be a team player

- Sound judgment and common sense

- Established contact base within the real estate industry

- Proven track record

- Detail oriented

- Strong work ethic

If you are interested in joining a growing firm with a real entrepreneurial spirit, please apply online at www.cameronstephens.com/careers.

We thank you for your interest in the available positions! Only those applicants who are selected for interviews will be contacted. We are committed to providing equal opportunities for persons with disabilities. Accommodations are available at all stages of the recruitment process, at the candidate’s request.

Contact Information

Daniel Stewart, RI
Executive Vice President – Western Canada

Cameron Stephens Mortgage Capital Ltd.
1122A Kensington Road | Calgary | Alberta | T2N 3P3

T - 403-455-4854 x 236
E - dstewart@cameronstephens.com
W - www.cameronstephens.com

Employer Profile

Cameron Stephens Mortgage Capital Ltd, (“CSMC”) is a leading non-bank lender with offices in Toronto, Calgary, and Vancouver. The company has a committed loan book of over $ 1 billion, with over $ 750 million currently funded. Eighty percent of the loans are funded by institutional investors at institutional interest rates and the remaining 20% of the loans are funded by private investors. We specialize in commercial real estate loans, particularly within the area of land development loans, construction loans, and commercial mortgages and employ 30+ people across the country.