Analyst II
Posted on:
14 hours ago
Vacancies:
1 Vacancy
Job Summary
We are hiring an Analyst II Commercial Funding!Reporting To:Associate Director and Team Lead Commercial FundingFull-Time/Part- Time:Full-timePosting Date:July 3 2026 Closing Date:Salary Range:July 17 2026 $60000-$75000Hours of Work:8:30 a.m. 5:00 :Office Location: 12.3TorontoGreat location! Steps away from the main public transit station What we offer:Highly competitive compensation package which includes base salary bonus benefits and career advancement opportunities! *Eligibility for benefits is dependent on the terms of employmentThe Opportunity The Analyst II plays a critical role in the successful fulfillment and closing of commercial mortgage transactions. This position is responsible for instructing advancing and managing mortgage files from the moment a financing offer is accepted through to final closing. Working within established company policies and procedures the Analyst II ensures all documentation conditions and approvals are completed accurately and on time. This role is ideal for a detailoriented professional who thrives in a fastpaced environment and enjoys taking ownership of files from commitment to completion. How you will contribute: Enter complete and accurate loan details in the internal system using information from the from commitment letter CMHC conditions underwriting binder and legal documentation. Instruct solicitors and external property insurance consultants in accordance with approved loan termsReview each file to identify and address special conditions outlined in the commitment letter and where applicable CMHC Certificate of that all supporting documents and conditions precedent have been received reviewed and satisfied prior to advancing the closing process with the applicable investor ensuring that all investor requirements are met and securing final approval Collaborate with the Origination teams to resolve outstanding conditions credit items and ensure all underwriting conditions are and maintain the loan file within the paperless system throughout the funding interest adjustments repair and tax holdbacks and monthly tax components with precisionPost monetary advances onto the internal system ensuring all advances a thorough post-funding review of assigned files to prepare them for audit and seamless transfer to the Commercial Asset Management Department. Process construction and progress draw advances on an ongoing basis Closely monitor the pipeline to ensure all data is kept accurate preventing pooling issues or financial reputational monetary and legal risks in everyday special projects and departmental initiatives as assigned by senior leadership The experience you need: Bachelors degree in finance economics commerce law accounting or a related 3 years of experience in Commercial Real Estate industry with professional designation such as CCIM considered an assetKnowledge and understanding of CMHC policies and proceduresAbility to demonstrate initiative confidence decisiveness and resoluteness Up to date knowledge of commercial real estate trends and economic conditionsCarries out duties with integrity and takes responsibility for actionsExcellent written and verbal communication skills Demonstrated organizational ability with a proven track record of prioritizing and managing multiple tasks Analytical mindset with a focus on identifying and mitigating risk Comfortable working in a fast-paced deadline-driven environment Collaborative team player who is willing to take on additional responsibilities when needed Able to work independently exercise sound judgment and take ownership of an assigned portfolio with minimal supervision Proven ability to foster and maintain relationshipsRelationships:External Customers: Solicitors and external legal counselExternal property insurance consultantsBorrowers and their representativesThirdparty service providers (e.g. appraisers consultants tax authorities)Internal Customers: Origination teamUnderwriting teamInternal Funding teamCommercial Asset Management DepartmentSenior leadership within Commercial Mortgage FundingWorking Environment and Physical Demands Analysis:Office environmentPeriods of high volume with tight timelinesLong periods of stationary position/sittingProlonged periods of repetitive movement (i.e. using a keyboard and mouse)Long periods of time in viewing a computer screenMulti-tasking may include speaking to customers on a telephone call while looking up information on a computer join First NationalCompetitive Compensation Comprehensive benefits program (i.e. Health Spending Account Maternity and Parental Leave Top Up)Extensive training programs to set our employees up for success Modern office environment conducive to collaborationSupportive teamwork culture Opportunities to give back to the communities and work through events focused on a variety of charities Ongoing social events throughout the year The team youll join: Founded in 1988 First National is one of Canadas largest non-bank lenders. We provide residential mortgages exclusively through the mortgage broker channel and we are Canadas largest commercial mortgage lender. First National has been consistently recognized as a great place to work and we are proud that our employee engagement feedback is higher than our industry partners. We would like to thank all applications for their interest in this existing vacancy but only candidates selected for an interview will be contacted. First National is proud to be an equal opportunity employer and is committed to diversity and inclusion regardless of race color religion national origin age gender identity physical or mental disability sexual orientation and any other category protected by Intelligence is not used in our recruitment or hiring process for this National supports requests for accommodation from applicants with disabilities; please contact Human Resources at should you need an accommodation at any point in the recruitment process.#FNLOON
Required Experience:
IC