VCIB Intern, Social Purpose Real Estate (4-Month Contract)

Vancity • Toronto, ON

27d • CA$28 • Onsite

About The Position

This is a 4-month internship role for a VCIB Intern, Social Purpose Real Estate (SPRE). The intern will support the management and growth of Vancity Community Investment Bank’s commercial real estate portfolio. The role involves gaining hands-on experience in portfolio management, commercial lending, credit analysis, borrower monitoring, and climate reporting activities. It provides exposure to social purpose real estate financing while supporting annual reviews, loan renewals, property inspections, and business reporting. The ideal candidate is a curious, analytical, and results-oriented student with an interest in commercial real estate, finance, and social impact investing. This is a full-time, 4-month internship role starting in September, based at the Toronto office, reporting directly to the Senior Manager, Commercial Real Estate. The role is fully on-site, requiring 4-5 days per week in the office.

Requirements

• Current post-graduate or graduate program in Finance, Commerce, Business Administration, Economics, Real Estate, Engineering, Law, or a related discipline
• Eligibility to participate in a co-op or internship program
• Strong interest in commercial real estate, lending, social purpose investing, or financial services
• Strong analytical and problem-solving skills with the ability to review and interpret financial information
• Experience using Microsoft Excel and other business productivity tools
• Excellent communication, time management, and organizational skills
• Ability to work independently while contributing effectively as part of a collaborative team
• Strong attention to detail and commitment to producing high-quality work

Nice To Haves

• Previous experience in banking, lending, financial services, or customer-facing roles
• Foundational financial modelling skills including familiarity with DSCR, LTV, sensitivity analysis, and core credit metrics
• Exposure to commercial real estate finance, underwriting, development finance, or asset-level cash flow analysis

Responsibilities

• Supporting ongoing portfolio management by coordinating client requests for information related to annual loan reviews and loan renewals
• Tracking borrower reporting requirements and ensuring timely submission of required documentation
• Coordinating and performing annual property site visits across the Social Purpose Real Estate portfolio
• Assisting with annual loan review activities by reviewing client financial information and supporting credit risk assessment processes
• Reviewing covenant compliance, client risk assessments, and business sustainability information
• Supporting the collection, analysis, and reporting of climate data related to commercial real estate and business mortgage portfolios
• Assisting with updating loan pricing reports and affordable housing unit tracking reports
• Collaborating with team members on commercial real estate lending and portfolio management initiatives
• Supporting special projects and other duties as assigned

Benefits

• Competitive rewards and benefits
• Flexible benefit packages that can be tailored annually
• 3-4 weeks of vacation per year, with additional days earned over time
• 2 extra stat holidays, plus care days for personal or family illness
• Immediate Health Coverage: Health and dental benefits begin on your hire date, with three levels of coverage to choose from
• Defined Benefit Pension: Our retirement plan provides a guaranteed income for life

What This Job Offers

• Job Type: Full-time
• Career Level: Intern