Analyst, Loan Monitoring

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Company: Altus Group

Location: Calgary, AB T1Y 7M8

Description:

Job Category:
Cost Management Consulting

Pay Grade Range:
$49,335.00 - $115,115.00
Disclaimer: The base salary range represents the low and high end of Altus Group's "Pay Grade Range" for this position in the primary work location. Actual hiring salaries will vary depending on factors including but not limited to work experience, and geographic market data for the role. The Pay Grade Range listed above does not reflect Altus Group's total compensation for employees. Other rewards may include an annual bonus, flexible work arrangements, and region-specific benefits.

Unlock your Altus Experience!

If you're looking to advance your career in data analytics, expertise, and technology for the rapidly growing global CRE market, there's no better place than Altus Group. At Altus, our work is purposeful. Every day, our employees drive impact, innovate, and shape the global commercial real estate (CRE) and PropTech industry.

Our people-centric culture empowers you to deliver in a high trust, high performance culture, surrounded by an inclusive team that's collaborating to modernize our industry. We invest in our people with training and growth opportunities designed to propel you further in your career while providing a flexible and progressive workplace that reflects our values and teams.

Job Summary:

We are seeking a detail-oriented Cost Analyst to support our Loan Monitoring Services team in Calgary. This role involves analyzing financial data, tracking project costs, and ensuring compliance with budgetary guidelines. The Cost Analyst will assess loan disbursements, monitor expenses, and generate reports to help mitigate financial risks.

Key Responsibilities:
  • Visit construction sites with the Consultant monthly to review the contractor and subcontractor progress claims
  • Assist in the delivery of pre-development services to establish feasibility of the project and identify any risks
  • Provide support in review of the development schedule, such as overall progress of the project and anticipated completion dates to the lender
  • Collaborate with senior staff to establish and track project budget, along with cost to date and cost to complete
  • Facilitate the preparation and submission of preliminary report to the lender before any loan advances are issued to the borrower
  • Review construction contracts and other forms of commitments to minimize any risks of completion of the project
  • Ensure the processing of payment certification under construction contracts in compliance with the Provincial Lien Act
  • Perform research as required to ensure adequate information to support decision making
  • Provide required support in reviewing of all material financial project documentation implications
  • Complete construction HSE training as required


Key Qualifications:

  • Bachelor's Degree in Construction Management, Quantity Surveying, Civil/Structural Engineering, Building Science, or a related field.
  • 0- 1 year of relevant industry experience.
  • Membership with CIQS is preferred.
  • Understanding of construction methodology, development, contracting, and consulting sectors.
  • Familiarity with the Provincial Lien Act and standard contract conditions (CCDC).
  • Ability to prepare, review, and summarize technical reports.
  • Willingness to learn and use tools such as EstateMaster, CostX, OnScreen Takeoff, AutoCAD, Timberline, Excel, Word, Digitizer, and PowerPoint.
  • Basic knowledge of site safety, including fall protection, and an understanding of construction schedules


#LI-Hybrid

What Altus Group offers:
  • Rewarding performance: We are pleased to be able to provide employees competitive compensation, incentive and bonus plans, and a total rewards package that prioritizes their mental, physical and overall financial health.
  • Growth and development: As a destination for top industry talent, we're investing in you to meet the evolving needs of our clients and deliver on your professional goals. Our Altus Intelligence Academy offers over 150,000 hours of learning materials catering to diverse stages of an employee's career journey.
  • Flexible work model: We're modernizing our employee programs to reflect the new world of work. Our Activity-Based Work model provides you with flexibility to align your work location to the work being performed - office for connecting and collaborating, and remote for focused work.


Altus Group is committed to fostering an inclusive work environment where all clients and employees feel welcomed, accepted and valued. We provide an atmosphere free from barriers to promote diversity, equity, and inclusion, and encourage equal opportunities for all employees. We're seeking candidates with diverse experiences and provide accessible candidate experiences throughout the selection process. If you need accommodation, please contact us at accessibility@altusgroup.com or +1 888 692 7487.

We appreciate all applicants who take the time to apply to Altus Group. Please note that only those who are selected to move forward in the process will be contacted. Thank you.

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