Commercial Mortgage Investment (Student Position)

Temporary Full Time

This is a student position that is 4 months in duration for the term: September-December. You must be a student registered in a Canadian College or University. 

This position is for students returning to school after their work term or requiring a placement as requirements for graduation. While not required, preference will be given to students enrolled in a registered Co-op program. 

Applicants are required to submit both their resume and their most recent unofficial transcript as part of the application process.

Canada Life offers a wide range of challenging career opportunities and a culture of professional development for students seeking valuable, hands‑on experience early in their careers.

We are currently hiring a Commercial Mortgage Investment Student to join our Commercial Mortgage team for a four‑month fall work term with the possibility of an extension.

In this role, you will support the team with annual loan reviews across the commercial mortgage portfolio, gaining exposure to financial analysis, property valuation, and real‑estate investment decision‑making. You will also have opportunities to support new mortgage investment activities.

What You’ll Do

• Complete annual loan reviews for the commercial mortgage portfolio, with a primary focus on CMHC apartment properties
• Review financial statements, rent rolls, and operating statements
• Input financial data into proprietary Excel‑based financial models
• Perform asset valuations using standard valuation techniques, including cash‑flow analysis and capitalization rates
• Support the underwriting team by researching and analyzing credit risk related to new mortgage proposals
• Assist the origination team with market research and borrower risk profiles
• Contribute to ad‑hoc projects that support the broader Mortgage business

What You'll Bring:

• Currently pursuing an MBA (or equivalent graduate‑level business program), with a focus in Finance, Accounting, Strategy, Real Estate, or a related discipline.
• Strong interest in real estate and mortgage investments
• Proficiency in Microsoft Excel, Word, PowerPoint, and Outlook
• Strong analytical, organizational, and mathematical skills
• Clear written and verbal communication skills
• Strong time‑management skills and ability to work independently with minimal supervision
• Collaborative mindset and demonstrated ability to work effectively in a team environment

Why Join Us

• Gain hands‑on experience in commercial mortgage investments and real‑estate finance
• Apply classroom learning to real portfolio analysis and valuation work
• Learn from experienced professionals in underwriting, origination, and mortgage investment management
• Build foundational skills in financial analysis, credit risk, and investment decision‑making
• Strengthen your resume with practical experience at a leading Canadian financial organization

The base salary for this position is between $41,100 - $61,600 annually. This represents base salary only and does not represent other variable compensation components of our total compensation ( i.e. annual bonus, commission etc). If you are selected to move forward in our recruitment process, your recruiter will be able to discuss additional details of our total rewards program with you.

For our student opportunities, the base salary will be dependent on the number of work terms you have completed along with other factors depending on your program.  

Career opportunities will be open a minimum of 5 business days from the date of posting, closing dates will vary depending on the search activity. All applications received will be reviewed on a rolling basis.

Grow with Great-West Lifeco

Great-West Lifeco Inc is a Canadian headquarter, international financial services holding company with interests in life insurance, health insurance, retirement and investment services, asset management, and reinsurance businesses. We operate in Canada, the United States, and Europe under the brands: Canada Life, Empower and Irish Life. At the end of 2024, our companies had over 32,250 employees, 106,000 advisor relationships, and thousands of distribution partners – serving approximately 40 million customer relationships.

Great-West Lifeco trades on the Toronto Stock Exchange (TSX) under the ticker symbol GWO and is a member of the Power Corporation group of companies.

What we offer:  

We’re committed to supporting our employees through every stage of their career. Here’s what you can expect as a full-time or part-time permanent team member: 

Career Development: Opportunities for career advancement, access to industry-leading learning programs and up to $2,000 annually towards education reimbursement. 

Health & Wellness: Flexible health and dental benefits, plus a $5,000 mental health benefit to support your well-being. 

Time Off: In addition to regular vacation and personal days, we support community involvement with a volunteer day.  

Financial Security: Company-matching pension plan, share ownership program and additional investment options. 

Rewards and Recognition: Employee recognition programs, service milestone celebrations, employee discounts and more!  

Emphasis on Community: We provide a workplace where employees feel connected and supported through Employee Resource Groups (ERGs), mentorship programs, social clubs and events.  

Learn more about Great-West Lifeco.  

We’re committed to removing barriers and ensuring equal access to employment. Applicants requiring reasonable accommodation during the application process may contact  talentacquisitioncanada@canadalife.com. All information provided will be handled in accordance with applicable laws and Great-West Lifeco policies.  

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