Tricon Residential is an owner and operator of a growing portfolio of more than 38,000 single-family rental homes in the U.S. Sun Belt and multi-family apartments in Canada. Our commitment to enriching the lives of our employees, residents and local communities underpins Tricon’s culture and business philosophy. We provide high-quality rental housing options for families across the United States and Canada through our technology-enabled operating platform and dedicated on-the-ground operating teams. Our development programs are also delivering thousands of new rental homes and apartments as part of our commitment to help solve the housing supply shortage. At Tricon, we imagine a world where housing unlocks life’s potential. For more information, visit Tricon Residential.
Job Description
The Associate Director, Debt Finance is accountable for the execution and administration of Tricon Residential’s debt portfolio which includes conventional term mortgage financing, corporate lines, construction financing, securitizations, and other public and private capital vehicles.
Essential Duties and Responsibilities include the following but are not limited to the job specifications contained herein. Additional duties or job functions that can be performed safely may be required as deemed necessary by supervisory personnel.
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Execute capital strategy planning for the acquisition of individual assets, property portfolios, and development projects
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Facilitate financing origination process by working closely with internal stakeholders to understand development/asset strategy, review financial analysis and provide recommendation on capital strategy
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Execute the due diligence & loan closing process, which includes the review of loan agreements, financial documents, leases/sales agreements/reports, third party reports and liaise with counsel
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Interpret, understand, review and author, where applicable, financial statements, due diligence materials and debt compliance documentation
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Develop and analyze financial models and property collateral pools
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Team with accounting and asset management functions to ensure loan reporting compliance and covenant performance
Qualifications:
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Advanced knowledge of Excel
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High proficiency in debt modelling
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Working knowledge of loan agreements and due diligence procedures
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Growth oriented, resilient, change agent, agile
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Relationship oriented
Minimum Requirements:
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Bachelor’s degree in Finance, Accounting, Business or related field
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At least 5 years of work experience in lending or commercial real estate
Preferred Attributes:
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Advanced accreditation (CA, CFA, AACI/MAI) is an asset
Physical Demands:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job, including:
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Frequently required to sit, talk, and hear.
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Frequently required to stand and move; use hands to grasp, squeeze, finger, handle, and feel; reach, push, and pull with hands and arms; occasionally required to twist; reach overhead; stoop, kneel, squat, bend, and crouch.
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Occasionally lift, carry, and move up to 10 pounds.
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Vision abilities required by this job include close vision, distance vision, and depth perception.
At Tricon, we are committed to creating a workplace where every individual is valued for their unique contributions, experiences, voices, and backgrounds. By embracing these principles, we aim to positively impact our business and the communities we serve, creating a lasting legacy where everyone can thrive.
What We Do
At Tricon Residential, we imagine a world where housing unlocks life’s potential.
Tricon Residential is an owner and operator and developer of a growing portfolio of more than 36,000 single-family rental homes in the U.S. Sun Belt and multi-family apartments in Canada. Our commitment to enriching the lives of our employees, residents and local communities underpins Tricon’s culture and business philosophy. We provide high-quality rental housing options for families across the United States and Canada through our technology-enabled operating platform and dedicated on-the-ground operating teams. Our development programs are also delivering thousands of new rental homes and apartments as part of our commitment to help solve the housing supply shortage.
