Associate, Development Finance

The Position

WestUrban Developments Ltd. is a vibrant, fast-growing real estate development company based on Vancouver Island. Our team has over 30 years expertise in construction management, customized development and development planning in Western Canada. We believe that positive relationships are the cornerstone for success, and we strive to build strong teams built on respect, integrity, and safety. Our entrepreneurial culture encourages and empowers our teams to create innovative solutions to overcome challenges. We have made significant investments into our business over the last few years setting the stage for a major expansion in 2022 and beyond. Come join us at this exciting time and be part of something incredible!

If this sounds like the place where you would like to grow your career, we are currently seeking an Associate, Development Finance to join our team. The position will be based out of either our Campbell River, BC, or Victoria, BC, office with flexible work from home arrangements. The role will report to the Director, Development Finance.

Responsibilities

Works closely with the Director, Development Finance to arrange and facilitate all of WestUrban’s financing requirements from land acquisition through construction, stabilization and takeout;

Supports the Director, Development Finance to analyze and evaluate new loan proposals;

Supports the lender due diligence and underwriting process;

Acts as the key administrator throughout the loan funding process;

Manages the credit dashboard and constantly analyzes the existing loan portfolio;

Prepares periodic and ad-hoc reports for the executive team and cross-functional business areas;

Conducts property/site inspections as needed for existing and potential properties (some travel required);

Monitors monthly project reporting and dashboards prepared by the project accounting team;

Maintains a solid understanding of market fundamentals and monitors key trends;

Performs other duties as required.

Qualifications

Undergraduate degree in real estate, finance, economics, accounting, technology or a related field;

Minimum of 3 years of professional experience, preferably in real estate, construction, banking, finance or a related field;

Excellent communication skills and proficiency in Microsoft Office suite;

Ability to create concise professional reports with thorough attention to detail;

Advanced analytical and quantitative skills with ability to manipulate large amounts of data and perform complex analysis;

Strong organizational and document management skills;

Ability to demonstrate initiative and confidence with decision making;

Excellent time management skills and ability to prioritize workloads to adhere to strict deadlines in a fast-paced entrepreneurial environment;

Self motivated with the ability to work both independently and collaboratively in a team environment;

Naturally inquisitive and enjoys solving complex problems;

Advanced education or a professional designation (completed or in process) is considered an asset;

Knowledge of the purpose-built apartment rental asset class and construction lifecycle is considered an asset.

We provide a competitive salary and benefits package for the right candidate. If you are interested in this exciting opportunity please submit your application below or email your resume and cover letter to careers@westurban.ca.

We are committed to the principles of employment equity and encourage applications from all qualified candidates. We thank all applicants for their interest however only those selected for further consideration will be contacted. This job posting will remain open until the role has been filled.

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