Director, CMHC Origination (Central Canada) (Toronto)

Director, CMHC Origination (Central Canada) (Toronto)

13 Aug
|
Timbercreek
|
Toronto

13 Aug

Timbercreek

Toronto

About the Company

Founded in 2000, Timbercreek is one of Canada’s leading alternative asset investment managers, focused on providing structured financing solutions to experienced real estate owners and investors across select urban centres in Canada, Ireland, and the United States. Through active, direct investment, we take a thematic approach to delivering compelling risk-adjusted returns for our investors and partners, leveraging the deep expertise and relationships of our team to deploy capital across a diverse range of asset classes. Timbercreek’s team of 50 investment professionals has extensive domain expertise across these markets and combines an entrepreneurial growth mindset with strong institutional risk management. Since inception, the firm has sourced, underwritten, funded, and managed real estate debt and equity transactions representing over $30 billion of deployed capital, supported by both public and private Timbercreek investment vehicles, as well as institutional partners.

While

Timbercreek primarily focuses on shorter-term loans secured by income-producing real estate, including multi-residential, office, and retail properties, Timbercreek has more recently expanded its platform as an approved CMHC lender in Canada, now offering CMHC-insured financing solutions.

About the Position

Timbercreek Capital is seeking a Director, CMHC Origination who will thrive in a fast-paced, entrepreneurial environment. The successful candidate will be a member of Timbercreek Capital’s Origination team, will be focused on the sourcing and execution of CMHC-insured loans. The individual must be a self-starter and be experienced managing transactions towards successful execution.

They should bring an existing roster of direct borrowers and broker relationships, and while primarily require CMHC expertise, ideally would also have experience across different security positions and commercial real estate asset classes.



This position is an excellent opportunity for a candidate to participate in building a substantial CMHC lending platform in addition to growing and developing in all areas of Private Debt and non-bank structured financing.

Key Responsibilities

- Facilitating the process of Loan Origination (primarily focused on CMHC-insured product) which includes: sourcing, preliminary sizing, structuring, pricing, issuance of LOIs and Commitments and preparation of Loan Credit Submissions for CMHC and internally with Timbercreek Capital throughout Ontario.

1. Review new CMHC loan opportunities/applications with the CMHC investment team on both term and construction projects across all CMHC products.
2. Prepare the completion of detailed preliminary underwriting of loan investments presentations which includes the compiling of market information to support all assumptions for the investment.
3. Frequently liaise and correspond with the investment team, mortgage brokerage community as well as potential borrower contacts across Ontario to facilitate the origination of new CMHC loans for Timbercreek Capital.

- Assist with and contribute to the process of making investment decisions and recommendations along-side the Investment team.
- Provide support to the Timbercreek Capital portfolio management team for on-going management of the loan portfolio.
- Proactively work in collaboration with the investment team to ensure expected closing timelines for new loans are achieved.
- Contribute positively to the working and branding culture of Timbercreek Capital.
- Day-to-day management of Associates.
- Special Projects as assigned.





Job Requirements

Education and Experience

- Minimum of 5 years of experience in the commercial mortgage industry with a focus on mortgage origination, property valuation, financial analysis, excel modeling and management of due diligence.
- An undergraduate degree Business, Real Estate or a related discipline would be an asset.
- Mortgage Agent or Broker License would be an asset.

Qualifications

- CMHC Originations / Execution Track Record.
- Well-developed analytical and excellent problem-solving skills.
- Strategic thinking and decision-making skills.
- Superior organizational and time management skills in order to manage work volumes to meet multiple deadlines under tight timelines while always ensuring a high level of accuracy and quality.
- Professional demeanor coupled with excellent communication (both written and verbal) and presentation skills.
- Advanced computer skills (Excel, Power Point, Word).
- Driven, self-motivated individual who is proactive, takes initiative and has the ability to work independently without a lot of direction.
- Team player who works well with individuals at all levels.
- Willingness to learn, take on recent challenges and grow in the role.

Timbercreek Capital is an inclusive and equal opportunity employer. If you require a disability–related accommodation to participate in the recruitment process, please let us know. We will accommodate your needs as required under applicable legislation. Information related to accommodation requirements will be addressed confidentially. While we appreciate all applications, only those candidates selected for an interview will be contacted. All selected candidates will be asked to complete pre-employment criminal and background checks. Any offer of employment is conditional upon satisfactory results of all applicable checks. We thank all applicants for their submissions.

📌 Director, CMHC Origination (Central Canada) (Toronto)
🏢 Timbercreek
📍 Toronto

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