JLL empowers you to shape a brighter way.
Our people at JLL are shaping the future of real estate for a better world by combining world class services, advisory and technology for our clients. We are committed to hiring the best, most talented people and empowering them to thrive, grow meaningful careers and to find a place where they belong. Whether you’ve got deep experience in commercial real estate, skilled trades or technology, or you’re looking to apply your relevant experience to a new industry, join our team as we help shape a brighter way forward.
Senior Capital Markets Analyst – JLL
What this job involves:
As a Senior Capital Markets Analyst, you will take ownership of financial underwriting and analysis for investment opportunities, working independently while still collaborating closely with senior brokers. This role requires you to manage complete financial models, contribute to client-facing materials, and coordinate aspects of due diligence processes. You'll handle more complex assignments with less oversight, develop expertise across multiple asset classes, and begin mentoring support analysts.
What your day-to-day will look like:
- Conduct comprehensive financial underwriting for commercial real estate transactions, building complete financial models with multiple scenarios and sensitivity analyses while applying judgment to validate key assumptions
- Independently review and interpret property-related documents (budgets, rent rolls, CAM reconciliations, lease abstracts) to identify material issues, discrepancies, or value drivers that impact investment analysis
- Contribute meaningfully to client deliverables by drafting sections of offering memoranda, investment presentations, and pitch materials under senior review, with increasing autonomy over time
- Conduct in-depth market research and competitive analysis, synthesizing economic trends, demographic data, and submarket dynamics to support investment recommendations and positioning strategies
- Support due diligence coordination by managing specific workstreams (financial, lease audit, market), liaising with third-party consultants, and ensuring timely delivery of analysis
- Analyze zoning, entitlements, and planning frameworks to assess development potential, regulatory considerations, and timeline implications for transactions
- Review and provide feedback on support analysts' financial models and deliverables, helping to develop their technical skills and maintain quality standards
Required Qualifications:
- Bachelor's Degree in Finance, Real Estate, Economics, Engineering, Computer Science, or related quantitative fields with strong academic performance
- 3-4 years of experience in commercial real estate analysis, corporate finance, private equity, or related analytical roles with demonstrated progression in responsibility
- Solid commercial real estate financial modeling experience including development pro formas, cash flow analysis, and understanding of debt structures
- Strong understanding of CRE investment metrics (IRR, equity multiple, DSCR, cap rates, NOI) and ability to apply them appropriately across different transaction types
- Advanced Excel skills including complex formulas, financial modeling best practices, scenario analysis, and data organization; familiarity with ARGUS Enterprise is a plus
- Demonstrated ability to work independently on assigned transactions while knowing when to escalate questions or seek guidance from senior team members
- Strong written and verbal communication skills with ability to present financial analysis clearly to internal stakeholders and contribute to client-facing materials
Preferred Qualifications:
- Experience working on transactions across multiple commercial real estate asset classes (office, industrial, retail, multifamily, mixed-use)
- Exposure to construction and land development financing including understanding of project timelines, cost structures, and phasing considerations
- Proficiency with industry tools such as CoStar, Real Capital Analytics, Yardi, or similar commercial real estate data platforms
- Experience leveraging AI-powered tools to enhance research efficiency, automate repetitive analytical tasks, or generate preliminary market insights
- Capability with graphic design or data visualization tools (Adobe Creative Suite, Canva, Tableau, Power BI) to create professional client materials
- Pursuit of professional credentials: CFA Level I/II candidate, working toward CCIM designation, or similar industry certifications
- Previous exposure to institutional-grade transactions or work with sophisticated investor audiences
Location: Toronto, Onsite
Estimated compensation for this position:
This range represents the estimated base salary and actual compensation may differ. Final base salary is determined by various considerations including but not limited to candidate qualifications, location, market conditions, and internal considerations. Some roles and employees may be eligible for discretionary bonuses, benefits, or other compensation.
Location:
On-site –Toronto, ONOpening Type:
ReplacementIf this job description resonates with you, we encourage you to apply even if you don’t meet all of the requirements. We’re interested in getting to know you and what you bring to the table!
At JLL, we harness the power of artificial intelligence (AI) to efficiently accelerate meaningful connections between candidates and opportunities. Using AI capabilities, we analyze your application for relevant skills, experiences, and qualifications to generate valuable insights about how your unique profile aligns with the specific requirements of the role you're pursuing.
JLL Privacy Notice
Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously. Generally the personal information we collect from you are for the purposes of processing in connection with JLL’s recruitment process. We endeavour to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely.
For more information about how JLL processes your personal data, please view our Candidate Privacy Statement.
For additional details please see our career site pages for each country.
Jones Lang LaSalle (“JLL”) is an Equal Opportunity Employer and is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process – including the online application and/or overall selection process – you may email us at [email protected]. This email is only to request an accommodation. Please direct any other general recruiting inquiries to our Contact Us page > I want to work for JLL.
