Analyst II, Commercial Financing
- Calgary, AB, Canada
$58,208 - $97,013 · Full-time
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Job details
- Pay
- $58,208 - $97,013
- Job type
- Full-time
- Apply by
- Experience
- Minimum 2 years’ experience in a relative commercial real estate role
- Posting language
- English
- Posted
Original job description
We are hiring an Analyst II in the Commercial Financing department!
The Role
The Analyst II contributes to the production and development of the commercial mortgage portfolio by analyzing financial and supporting documents on incoming applications and ensuring information is consistent with internal, insurer and investor policies. The role is specific to CMHC, construction and conventional commercial real estate financing requests.
Reporting To
Assistant Vice President, Commercial Financing
Full-Time/Part- Time
Full-time
Salary Range
$58,208 - $97,013
Posting Date
October 19, 2026
Closing Date
November 20, 2026
Hours Of Work
8:30 a.m. – 5:00 p.m.
Grade
Office Location:
12.2
Calgary
Great 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!
Founded in 1988, First National is one of Canada’s largest non-bank lenders. We provide residential mortgages exclusively through our mortgage broker channel and service commercial clients through our national origination team of empowered advisors.
The Commercial department at First National is Canada’s largest commercial real estate lender. Working with the best real estate owners in the country, we are active in every major market across Canada and offer a wide variety of mortgage products that are structured to meet our clients specific needs.
At First National, It’s in our Nature is our rallying cry. It underlies our values, beliefs, and how we show up for each other, our clients, our partners and the community. Our nature defines who we are and guides every decision we make.
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 or any other category protected by law.
First National supports requests for accommodation from applicants with disabilities; please contact Human Resources at accessibility@firstnational.ca.
We would like to thank all applications for their interest, but only candidates selected for an interview will be contacted.
#FNLOAB
The Role
The Analyst II contributes to the production and development of the commercial mortgage portfolio by analyzing financial and supporting documents on incoming applications and ensuring information is consistent with internal, insurer and investor policies. The role is specific to CMHC, construction and conventional commercial real estate financing requests.
Reporting To
Assistant Vice President, Commercial Financing
Full-Time/Part- Time
Full-time
Salary Range
$58,208 - $97,013
Posting Date
October 19, 2026
Closing Date
November 20, 2026
Hours Of Work
8:30 a.m. – 5:00 p.m.
Grade
Office Location:
12.2
Calgary
Great 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 employment
- Analyze financial information on commercial properties including rent rolls, operating statements and financial/net worth statements, to assist management in determining the appropriate loan size, terms, conditions and pricing
- Review third party reports including appraisal, phase I/II environmental reports and engineering reports, to determine compliance with investor requirements, product lending and guidelines and loan terms and conditions
- Prepare loan summary including financial analysis and credit documents to assist in the loan approval process
- Coordinate with Funder, Investor, Legal, and other third-party consultants to ensure loan conditions are met
- Develop and analyze construction/development pro-forma as of various multi-unit housing type projects
- Monitor on-going construction loan draws, cross-referencing budgets, and ensuring applicable undertakings are performed
- Monitor pending and approved loans and any corresponding fees which includes a review of any fees currently on deposit with First National
- Perform other duties as necessary to support the goals and objectives of the commercial mortgage division
- Undergraduate Degree and/or MBA with focus in a Finance/ Real Estate related discipline
- Minimum 2 years’ experience in a relative commercial real estate role
- Knowledge of applicable real estate lending regulations is a must
- Experience in financial analysis (i.e. balance sheet, income statement)
- Organizational skills to manage several ongoing and competing tasks simultaneously
- High degree of consistent accuracy and attention to detail
- Able to work with minimum supervision
- Results oriented and highly motivated
- Self-starter
- Preferred experience in CMHC and/or construction finance, development industry, private equity, cost consulting, or accounting with a real estate focus
- Familiarity with principles of property valuation and the construction process
- Advanced PC skills, with an emphasis on Word and Excel
- Supportive teamwork focused environment
- Collaborative entrepreneurial spirit
- Extensive training programs to set our employees up for success
- Bright open concept office environment
- Large kitchens with a coffee and latte maker to enjoy at no cost
- Opportunities to give back to the communities and work through events focused on a variety of charities
- Ongoing social events throughout the year
Founded in 1988, First National is one of Canada’s largest non-bank lenders. We provide residential mortgages exclusively through our mortgage broker channel and service commercial clients through our national origination team of empowered advisors.
The Commercial department at First National is Canada’s largest commercial real estate lender. Working with the best real estate owners in the country, we are active in every major market across Canada and offer a wide variety of mortgage products that are structured to meet our clients specific needs.
At First National, It’s in our Nature is our rallying cry. It underlies our values, beliefs, and how we show up for each other, our clients, our partners and the community. Our nature defines who we are and guides every decision we make.
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 or any other category protected by law.
First National supports requests for accommodation from applicants with disabilities; please contact Human Resources at accessibility@firstnational.ca.
We would like to thank all applications for their interest, but only candidates selected for an interview will be contacted.
#FNLOAB
More about this job
Responsibilities
Analyze commercial property financials and third-party reports to support loan sizing, pricing, terms, and credit approvals for CMHC, construction, and conventional real estate financing. Coordinate loan conditions with funders, investors, legal teams, and consultants, and monitor construction draws, pending loans, and fees.
Requirements
Requires an undergraduate degree and/or MBA in finance, real estate, or a related discipline, at least two years of relevant commercial real estate experience, and knowledge of real estate lending regulations. Candidates should have strong financial analysis, organizational, and accuracy skills; CMHC or construction finance experience and familiarity with valuation and construction are preferred.
Skills
- Financial Analysis
- Commercial Real Estate Financing
- Commercial Mortgage Underwriting
- Credit Analysis
- Loan Structuring
- Construction Finance
- Real Estate Development Pro Forma Analysis
- Construction Loan Draw Monitoring
- Property Valuation
- Financial Statement Analysis
- Risk Assessment
- Regulatory Compliance
- Attention To Detail
- Organization
- Microsoft Word
- Microsoft Excel
Benefits
- Bonus
- Benefits
- Career Advancement Opportunities
- Training Programs
- Social Events
- Community Volunteer Opportunities
Visa sponsorship
Not detected in the job text
Categories
- Finance & Accounting
- Data & Analytics
- Construction
Keywords
- Commercial Financing
- Commercial Real Estate
- Commercial Mortgages
- CMHC
- Construction Finance
- Conventional Financing
- Financial Analysis
- Balance Sheets
- Income Statements
- Rent Rolls
- Operating Statements
- Net Worth Statements
- Credit Documents
- Loan Approval
- Loan Conditions
- Loan Pricing
- Loan Sizing
- Appraisals
- Environmental Reports
- Engineering Reports
- Investor Requirements
- Construction Draws
- Development Pro Forma
- Property Valuation
- Microsoft Word
- Microsoft Excel
- Private Equity
- Cost Consulting
- Accounting