Medical Office Rent jobs in Toronto, ON

Status:
Full-Time

Location:
Toronto, ON

Salary:
$90,000 – 110,000 + bonus

Reports to:
Vice President, Special Loans

Position Summary:
Where we commit to hire the best and support our people to be their best.

Founded in 2004, Cameron Stephens is a leading Canadian real estate investment firm with just under $3.6 billion in assets under administration (AUA). Cameron Stephens offers institutional and private investors strategic opportunities to invest in commercial real estate with consistent returns. The firm specializes in mortgage solutions through Cameron Stephens Mortgage Capital (CSMC) for developers across Canada. Established in 2021, Cameron Stephens Equity Capital (CSEC) provides equity opportunities for high-quality and strategically positioned developments.

Leveraging deep market expertise and strong industry partnerships, Cameron Stephens is recognized as a key player in Canada’s real estate investment landscape, delivering sustainable growth and financial success.

We manage capital on behalf of various partners, including banks, insurance companies, pension funds, family offices, credit unions, and individual investors.

We are seeking a Senior Associate – Special Loans who will be responsible for supporting the management, resolution, and reporting of underperforming, impaired, high-risk, or complex loans across the portfolio. The role sits within the Special Loans group and works directly with the VP, Special Loans to execute workout strategies, monitor borrower performance, coordinate stakeholder communication, and manage investor reporting obligations.

The role is execution-heavy and requires strong financial analysis, organizational discipline, communication skills, and attention to detail. The Associate acts as the operational and analytical backbone of the Special Loans function, ensuring that strategies developed by the VP are implemented accurately and efficiently.

This role is not a passive monitoring function. The Associate is expected to actively manage files, drive follow-ups, coordinate with internal and external stakeholders, and maintain tight control over timelines, reporting, documentation, and action items.

Key Responsibilities

Portfolio Monitoring & File Management

Monitor a portfolio of watchlist, distressed, defaulted, and high-risk loans.

Maintain detailed file-level tracking for arrears, maturity status, covenant breaches, legal proceedings, borrower reporting obligations, recovery actions, property performance and enforcement milestones

Maintain accurate and current internal reporting trackers and dashboards.

Ensure all file notes, borrower communications, investor updates, and action items are documented and organized.

Coordinate and track conditions, deadlines, and deliverables across active files.

Identify emerging risks and escalate material issues promptly.

Execution of Workout & Recovery Strategies

Execute strategies developed by the VP, Special Loans.

Coordinate implementation of extensions, restructurings, forbearance arrangements, paydown strategies, enforcement actions, sales processes, refinancing strategies, and receivership and legal processes

Prepare file summaries, strategy memorandums, extension requests, and recovery analysis.

Coordinate with legal counsel, receivers, brokers, consultants, appraisers, and other third-party professionals.

Monitor borrower compliance with negotiated agreements and reporting requirements.

Track legal and enforcement costs, timelines, and recovery expectations.

Investor Management & Reporting

Serve as a day-to-day contact for investors on Special Loans files.

Coordinate investor communications, updates, approvals, and information requests.

Prepare investor reporting materials, including status updates, recovery summaries, cash flow reporting, strategy recommendations, extension requests and impairment commentary

Ensure investor communications are timely, accurate, and professionally presented.

Coordinate investor consent processes and maintain records of approvals and responses.

Support the VP, Special Loans in maintaining strong investor relationships during complex or stressed situations.

Financial & Credit Analysis

Analyze borrower financial statements, rent rolls, appraisals, quantity surveyor reports, legal documentation, construction budgets, cash flow performance and recovery scenarios,

Build and maintain financial models related to recovery analysis, payoff strategies, refinancing scenarios, liquidation outcomes, interest reserve analysis and sensitivity analysis

Assess collateral performance and debt recovery prospects.

Assist in impairment and provisioning analysis where required.

Internal Coordination

Work closely with Origination, Syndication, Funding & Servicing, Accounting and Executive Management

Coordinate internal approvals and ensure information flow across departments.

Assist in preparation of management reporting and portfolio review materials.

Support process improvement initiatives, reporting automation, and workflow standardization within the Special Loans group.

Are you aligned with our Mission, Vision and Values?

Our Mission is to advance our client-first philosophy by managing investor capital with the highest levels of professionalism and integrity. We are dedicated to capital preservation while simultaneously forging long-term relationships with our real estate developer partners. We are committed to excellence in everything we do and building trust with all our stakeholders.

Our Vision is to be a leading force in the Commercial Real Estate industry, in the markets we serve across North America, known for disrupting the status quo and setting new standards of service and excellence. We aspire to make a significant impact on everyone we engage with—clients, investors, employees, and the communities we support—by consistently delivering unparalleled value and fostering meaningful change.

Our Values:
Authenticity: We are genuine, transparent, and honest. We build trust through open communication and consistent actions.

Urgency : We move with purpose and pace. We respond quickly and act decisively, knowing that speed matters in our business.

Intellectual Curiosity: We ask questions, challenge assumptions, and never stop learning. We seek out better ways to solve problems.

Loyalty: We are committed to our clients, our colleagues, and our company. We support one another and stick with our commitments.

Entrepreneurial Mindset: We take initiative, embrace accountability, and push beyond the expected. We think and act like owners.

Respectfully Confident: We know our strengths, lead through actions, and stay grounded. We let results speak for themselves.

What we believe our ideal candidate will possess:
Qualifications & Experience

Undergraduate degree in, Finance, Commerce, Real Estate, Economics, Accounting or related field

CPA designation would be a plus!

2–5 years of experience in commercial real estate lending, restructuring, special loans, underwriting, asset management, commercial banking or workout environments

Strong understanding of commercial real estate lending structures and security.

Familiarity with enforcement processes, receiverships, insolvency, proceedings, restructuring strategies, construction lending, and income-producing assets is considered an asset.

Technical Skills and Interpersonal Characteristics

Strong financial modeling and Excel capabilities.

Ability to analyze complex credit situations and real estate assets.

Strong written communication and reporting skills.

High attention to detail and organizational discipline.

Ability to manage multiple complex files simultaneously.

Comfortable operating in high-pressure and time-sensitive situations.

Strong judgment and ability to escalate issues appropriately.

Highly accountable and execution-oriented.

Calm under pressure.

Intellectually rigorous and detail-focused.

Strong follow-through and responsiveness.

Able to manage difficult conversations professionally.

Comfortable working in ambiguous or evolving situations.

Operates with urgency while maintaining accuracy.

What we offer our people:
Competitive salary and bonus structure

Comprehensive medical benefits and Health Care Spending Account

Parental top up Program

Annual fitness allowance

RRSP matching program

Tuition Reimbursement Program

Professional development opportunities

Company wide team building events

At Cameron Stephens, we value the unique skills and experiences of each of our candidates; recognizing that each prospective employee contributes to our efforts to build a diverse and inclusive place to work. We are committed to being an equal opportunity employer and are happy to provide accommodations upon request at all stages of the recruitment process. Should you require any disability-related accommodation to support your participation in our recruitment process, please notify Human Resources at careers@cameronstephens.com or at (416)591-8787 and we will work with you to meet your accessibility needs.

The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of employees so classified. All employees may be required to perform duties outside of their normal responsibilities from time to time, as needed.

We thank all applicants for their interest in working at Cameron Stephens. Please note that only those evaluated as meeting the requirements of the role will be contacted about next steps in the recruitment process.