Closed listing
Analyst II, Commercial Funding
- Toronto, ON, Canada
- East York, ON, Canada
$60,000-$75,000 · Full-time
This opening has closed.
The original listing is kept below for reference.
Job details
- Pay
- $60,000-$75,000
- Job type
- Full-time
- Closing date
- Experience
- Minimum 3 years of experience in Commercial Real Estate industry, with professional designation such as CCIM considered an asset
- Posting language
- English
- Posted
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Search current openingsOriginal job description
Archived listing. The details below describe a past opening.
We are hiring an Analyst II, Commercial Funding!
Reporting To
Associate Director and Team Lead, Commercial Funding
Full-Time/Part- Time
Full-time
Posting Date
September 24, 2026
Closing Date
Salary Range:
October 15, 2026
$60,000-$75,000
Hours Of Work
8:30 a.m. – 5:00 p.m.
Grade
Office Location:
12.3
Toronto
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!
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 detail‑oriented professional who thrives in a fast‑paced environment and enjoys taking ownership of files from commitment to completion.
How You Will Contribute
External Customers:
Founded in 1988, First National is one of Canada’s largest non-bank lenders. We provide residential mortgages exclusively through the mortgage broker channel and we are Canada’s 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.
Artificial Intelligence is not used in our recruitment or hiring process for this role.
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 law.
First National supports requests for accommodation from applicants with disabilities; please contact Human Resources at accessibility@firstnational.ca should you need an accommodation at any point in the recruitment process.
#FNLOON
Reporting To
Associate Director and Team Lead, Commercial Funding
Full-Time/Part- Time
Full-time
Posting Date
September 24, 2026
Closing Date
Salary Range:
October 15, 2026
$60,000-$75,000
Hours Of Work
8:30 a.m. – 5:00 p.m.
Grade
Office Location:
12.3
Toronto
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
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 detail‑oriented professional who thrives in a fast‑paced 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 terms
- Review each file to identify and address special conditions outlined in the commitment letter and, where applicable, CMHC Certificate of Insurance.
- Confirm that all supporting documents and conditions precedent have been received, reviewed, and satisfied prior to advancing funds.
- Coordinate 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 fulfilled.
- Establish and maintain the loan file within the paperless system throughout the funding process.
- Calculate interest adjustments, repair and tax holdbacks, and monthly tax components with precision
- Post monetary advances onto the internal system, ensuring all advances balance.
- Conduct 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 losses.
- Mitigate reputational, monetary, and legal risks in everyday tasks.
- Support special projects and departmental initiatives as assigned by senior leadership
- Bachelor’s degree in finance, economics, commerce, law, accounting, or a related field.
- Minimum 3 years of experience in Commercial Real Estate industry, with professional designation such as CCIM considered an asset
- Knowledge and understanding of CMHC policies and procedures
- Ability to demonstrate initiative, confidence, decisiveness, and resoluteness
- Up to date knowledge of commercial real estate trends and economic conditions
- Carries out duties with integrity and takes responsibility for actions
- Excellent 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 relationships
External Customers:
- Solicitors and external legal counsel
- External property insurance consultants
- Borrowers and their representatives
- Third‑party service providers (e.g., appraisers, consultants, tax authorities)
- Origination team
- Underwriting team
- Internal Funding team
- Commercial Asset Management Department
- Senior leadership within Commercial Mortgage Funding
- Office environment
- Periods of high volume with tight timelines
- Long periods of stationary position/sitting
- Prolonged periods of repetitive movement (i.e. using a keyboard and mouse)
- Long periods of time in viewing a computer screen
- Multi-tasking may include speaking to customers on a telephone call while looking up information on a computer program.
- Competitive 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 collaboration
- Supportive 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
Founded in 1988, First National is one of Canada’s largest non-bank lenders. We provide residential mortgages exclusively through the mortgage broker channel and we are Canada’s 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.
Artificial Intelligence is not used in our recruitment or hiring process for this role.
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 law.
First National supports requests for accommodation from applicants with disabilities; please contact Human Resources at accessibility@firstnational.ca should you need an accommodation at any point in the recruitment process.
#FNLOON
More about this job
Responsibilities
Manage commercial mortgage files from accepted financing offer through funding and final closing, ensuring loan details, documentation, conditions, and approvals are accurate and complete. Coordinate with solicitors, investors, origination and underwriting teams, process advances and calculations, monitor the funding pipeline, and prepare files for audit and transfer to asset management.
Requirements
A bachelor’s degree in finance, economics, commerce, law, accounting, or a related field and at least three years of commercial real estate experience are required; a CCIM designation is an asset. Candidates should understand CMHC policies and procedures and demonstrate strong communication, organization, analytical judgment, initiative, integrity, and the ability to manage multiple deadlines independently.
Skills
- Commercial Mortgage Funding
- Loan File Management
- Mortgage Closing
- Document Review
- CMHC Policies And Procedures
- Investor Coordination
- Interest And Holdback Calculations
- Financial Reconciliation
- Risk Mitigation
- Pipeline Monitoring
- Analytical Thinking
- Organization And Prioritization
- Written And Verbal Communication
- Relationship Management
- Attention To Detail
Benefits
- Bonus
- Health Spending Account
- Maternity And Parental Leave Top-Up
- Training Programs
- Career Advancement Opportunities
- Social Events
Visa sponsorship
Not detected in the job text
Categories
- Finance & Accounting
- Data & Analytics
- Sales
Keywords
- Commercial Real Estate
- Commercial Mortgages
- Commercial Mortgage Funding
- Mortgage Transactions
- Loan Fulfillment
- Loan Closing
- CMHC
- CMHC Certificate Of Insurance
- Commitment Letter
- Underwriting Binder
- Conditions Precedent
- Investor Requirements
- Construction Draws
- Progress Draw Advances
- Interest Adjustments
- Repair Holdbacks
- Tax Holdbacks
- Loan Advances
- Funding Pipeline
- Post-Funding Review
- Commercial Asset Management
- Risk Mitigation
- CCIM
- Legal Documentation