ABOUT KV CAPITAL
At KV Capital, we have established ourselves as industry leaders in real estate debt and investment, driven by our unwavering commitment to excellence, trusted partnerships, and innovative solutions. Since our founding in 2006, we have expanded our business across three connected areas of service: real estate private equity, real estate lending, and private equity investments in real estate supply chain businesses. Managing a robust portfolio of +$1 billion in funded investments, accompanied by +$500 million in assets under management, our dedicated team of finance experts is driven by a shared goal to cultivate prosperity for our clients, partners, and communities.
COMMERCIAL REAL ESTATE FINANCE (CREF) DIVISION
Launched in 2019, our commercial real estate finance division has collectively funded +$5B in commercial deals and our team has +100 years of combined experience. Together, we specialize in source financing solutions for various property types, such as land, subdivision financing, multi-family, retail, industrial, office, hospitality, mixed-use properties, and specialty financing.
POSITION Director, CMHC Mortgages
LOCATION Edmonton, Calgary, or Toronto
YOUR OPPORTUNITY
We are seeking an experienced and strategic professional within our CMHC Mortgages team within the Commercial Real Estate Finance division. The ideal candidate will bring extensive expertise in CMHC specific investor relations, mortgage underwriting, relationship management, and team leadership.
YOUR KEY RESPONSIBILITIES
Mortgage Underwriting
- Conduct comprehensive review and feasibility assessments of project-based mortgage loan requests
- Prepare formal loan presentations for third-party lenders
- Identify, assess, and evaluate moderate to complex risks on a project-by-project basis
- Perform real estate security valuation
- Research current market conditions and comparable transactions
- Develop and execute efficient due diligence procedures
Funding Process Coordination
- Collaborate with business development staff to meet security and funding conditions
- Coordinate mortgage loan funding with internal and external stakeholders
- Collection and verification of conditions precedent to funding
- Manage external investor reporting, pipelines, and capital management
- Liase with investors and loan funders to lock interest rates
Investor Relations & Capital Markets
- Work with external third party investors to manage pipelines, interest rate hedging risk and funding timelines.
- Collaborate with third party investors to train, educate and optimize funding and investor approval processes
- Manage third party investor funding pipelines and associated CMB/MBS allocation strategies
- Pricing of whole loan sales
- Pricing and execution of hedging long/short positions to ensure minimal interest rate risk to the firm
- Liase with internal finance teams to ensure timely and accurate flow of funds
Strategic and Operational Management
- Identify and implement continuous improvement opportunities in underwriting processes
- Develop and execute strategic initiatives to enhance company profitability
- Liaise with CMHC stakeholders across business development, underwriting, securitization, and compliance departments
- Participate in special projects focused on operational excellence and technology improvements
Team Leadership
- Champion the company’s vision, mission, and values
- Recruit, develop, and mentor team members
- Establish and communicate performance standards
- Foster a culture of continuous improvement
- Coach and empower staff to handle their roles confidently and professionally
QUALIFICATIONS
- Minimum of 10 years of experience in mortgage finance or related field
- Bachelor’s of Commerce preferred (focus in Finance, Economics, or Real Estate)
- Proven experience in commercial mortgage underwriting, investor relations, asset management and mortgage administration
- Strong negotiation and presentation skills
- Exceptional organizational and time management abilities
- Demonstrated leadership in change management
- Excellent verbal and written communication skills
- Proven ability to work effectively in diverse, fast-paced environments
KEY COMPETENCIES
- Strategic thinking and problem-solving
- Interpersonal and relationship-building skills
- Project management
- Coaching and mentoring
- Conflict resolution
- Decision-making under pressure
- Integrity and accountability
WORKING ENVIRONMENT
- Collaborative, dynamic commercial real estate finance team
- Opportunities for professional growth and development
- Emphasis on continuous learning and improvement
APPLY NOW!
We offer a challenging role with significant opportunities to make an impact in our organization and the broader commercial real estate finance sector.
For further insights into our company, please visit our website at www.kvcapital.ca.
To apply, please forward your resume and cover letter to: Careers@kvcapital.ca.
Please use the subject line “Director, CMHC Mortgages” in your email correspondence.