ABOUT KV CAPITAL
Established in 2006, KV Capital originates from the dynamic backdrop of Edmonton, Alberta. We have firmly positioned ourselves as a leading figure in the alternative investment landscape, with a specialization in multifaceted asset classes – spanning real estate debt, strategic real estate development, and the management of private enterprises.
Managing a robust portfolio of +$1 billion in funded investments, accompanied by +$350 million in assets under management, KV Capital has an unwavering commitment to support our client’s goals. We leverage unparalleled capital efficiency, inventive strategies, and timely execution, ensuring our clients have the financial agility they require precisely when the moment arises.
PRIVATE MORTGAGE BUSINESS UNIT
KV Capital’s Private Mortgages business unit manages approximately $300 million in assets under management, comprised of private loans secured by commercial real estate throughout Canada. Since its inception, the Private Mortgages business unit has underwritten, funded and serviced 424 loans to entrepreneurs, developers, and institutions. These loans collectively amounted to funds advanced of $1.2 billion. Investors in KV Mortgage Fund, a mortgage investment corporation managed by KV Capital, received an annual return of 8.23% since inception.
POSITION Junior Analyst, Underwriting | Private Mortgages
LOCATION Edmonton, Alberta
TERM Permanent Full-time
The successful candidate will play a pivotal role in supporting the Underwriting Team in analyzing and assessing various types of commercial mortgage loan applications, including land acquisition, construction, inventory loans, bridge financing and term financing. Your ability to identify critical issues and inconsistencies in the applications, along with assessing the feasibility of real estate projects, will be critical in this role. We seek a self-motivated, collaborative, and hard-working individual who shares our commitment to driving KV Capital’s growth initiative. Attention to detail and a desire for professional development in a dynamic work environment are expected.
YOUR KEY RESPONSIBILITIES
Your role will entail the following responsibilities:
- Assist in or complete, as applicable, the timely review and feasibility assessments of project-based mortgage loan applications under an asset secured model. Support the identification, assessment, and quantification of moderate to complex risks on a project-by-project basis through: Evaluating the valuation of real estate security; Conducting research on current market conditions and comparable transactions; Developing and executing efficient and comprehensive due diligence procedures; Preparing and maintaining working papers to support underwriting recommendations; and Structuring financing terms, pricing risk, and recommending deal improvements.
Initiate, coordinate and conduct continuous monitoring of projects over the financing term. Collaborate with in-house business development personnel, borrowers, and third-party brokers/clients to cultivate and sustain positive business relationships. Assist the Loan Administration team by providing ongoing mortgage administration services, which may include processing mortgage advances, renewals, payouts, and discharges. EDUCATION REQUIREMENTS
- Bachelor's degree majoring in accounting, finance or a related field (in progress or completed). Interest in pursuing a professional designation or certification in a related field is preferred. It is worth noting that this position offers qualified hours for candidates pursuing designations such as CBV, CFA and CPA.
- Exceptional financial acumen and an analytical skill set with the ability to problem solve effectively. Excellent verbal and written communication. Highly organized with an outstanding attention to detail. Demonstrated ability to work efficiently under pressure and meet tight deadlines. Capacity to manage multiple demands and prioritize workload effectively. Advanced skills in using the Microsoft Office Suite, with a demonstrated expertise in Excel A willingness to embrace learning in a dynamic environment that encourages new ideas and embraces change. Personal interest, working knowledge, and/or experience in the real estate or commercial mortgage industry. Familiarity with local (Albertan and Canadian) economic conditions and indicators is considered a valuable asset.
Interested candidates are invited to submit their application via email to Careers@kvcapital.ca. Please indicate “Junior Analyst, Underwriting” in the subject line. Applicants are required to include a cover letter and university transcripts (if available) in their application.
To learn more about our company, visit our website at www.kvcapital.ca.