Mortgage Associate

This role entails working directly with a single high-performing Director of Mortgage Origination, to support them with execution of commercial mortgage financing on numerous deals. This role will be based in Calgary and will have a compensation structure comprised of a base salary and commission.


Evaluate new loan opportunities

  • Work closely with the Mortgage Originator in structuring and analysing mortgage opportunities based on the investment criteria of over 100 sources of mortgage capital available to Canada ICI.
  • Evaluate the quality of the mortgage investment through analysis of operating statements, rent rolls, financial statements, market data, third party engineering reports, and appraisals.
  • Prepare proformas, cash flow models, and project specific underwriting.
  • Create letter of engagement for financing based on analysis above.


  • Liaise with the borrower to gather all the documents required for the loan submission
  • Review of the Mortgage Investment Brochure completed by the analyst team to ensure accuracy and reinforce underwriting standards and procedures


  • Assist Mortgage Originator with marketing efforts by identifying capital sources which fit best for the loan requirements and keeping salient business terms documented and organized

Loan Approval Process

  • Liaise with borrower, lender and third parties to obtain commitment letters
  • Liaise with CMHC to obtain CMHC approval
  • Review all third-party reports to ensure consistency in mortgage application (appraisals, BCA’s, Environmental, etc.)
  • Review commitment letters relative to executed Term Sheets/Letters of Intent for the Mortgage Originator

Funding & Loan Draws

  • Work with the analyst team to oversee the funding process
  • Liaise between Borrowers and Lenders to help close the deal.
  • Work with cost consultants for budget review and loan draws.



  • Bachelor of Commerce Degree (Major in Finance, Economics or Math);
  • Minimum 2+ years full-time professional experience in a finance or accounting role
  • Experience in the Commercial Real Estate Industry is required
  • Experience in Commercial Real Estate Finance is an asset
  • Licensed as a mortgage associate under the Real Estate Council of Alberta (RECA) or willing to get licensed
  • Strong understanding of basic finance modeling, including rates of return, IRR, NPV, and cash flow modeling.
  • Expert level of knowledge in Excel required to include formulas, pivot tables, charting, etc.
  • Excellent financial analysis research and underwriting skills.
  • Clear understanding of cash flow statements, preparation and analysis.

Qualitative Requirements

  • Customer and solutions-focused, driven and self-motivated to succeed
  • Strong interpersonal and communication skills.
  • Proven ability to explain complex information to non-expert audiences
  • Interest and aptitude to communicate effectively with both external and internal stakeholders
  • High attention to detail.
  • Ability to multi-task and work in a fast-paced environment
  • Demonstrated success working both individually and as part of a team

Please note that this is a position that will provide competitive base salary and commission based on experience and qualifications of the candidate.

Additional pay:

  • Commission pay
Edmonton, ABBachelor’s Degree (Preferred)Financial Analysis : 1 year (Preferred)
Business Intelligence tools (eg. Power BI, Tableau) : 2 years (Preferred)
Commercial Real Estate Industry: 1 year (Preferred)
Microsoft Excel: 2 years (Preferred)

Please submit your application, including a cover letter and your resume, to or on

While we thank all applicants for their interest, only those individuals selected for an interview will be contacted.