Manager, Commercial Servicing

3 weeks ago


Toronto, Canada First National Financial Full time

Working together to be our best

First National is Canada’s largest non-bank lender, originating and servicing both commercial and residential mortgages since 1988. Over the past thirty years, we have been committed to hiring the best and brightest with over 1,000 proud team members. Through cooperation, ongoing coaching, development opportunities and a culture that celebrates both hard work and teamwork, First National team members are supported to lead, learn and grow.

We are hiring a Manager, Commercial Servicing

**Reporting To**: Senior Manager, Commercial Servicing

**Full-Time/Part
- Time**: Full-time

**Posting Date**: March 3, 2023

**Closing Date**: March 24, 2023

**Hours of Work**: 8:30 a.m. - 5:00 p.m.

**Grade**: 8

**Office Location**: Downtown, 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 Opportunity**:
The Manager of Commercial Servicing will be responsible to lead a Team of Commercial Analysts and Servicing Representatives. You will oversee the departments Key Performance Indicators as well as ensuring all service levels are adhered too and day to day operations are delivered at the highest quality and in accordance with company policies and procedures. The key stakeholders include Commercial borrowers, investors, mortgage insurers, property insurers as well as internal departments.

**The Requirements Needed**:

- Responsible to oversee the departmental targets representing collection of annual Financial Information and supporting documents from borrowers.
- Ensure all mortgage servicing transactions and activities are managed within the stated service levels both externally and internally
- Conduct Quality Reviews of day to day activities performed by staff
- Handle all escalations and determine root cause analysis.
- Demonstrate excellent leadership skills and qualities to build a high performing Team
- Manage all loan monitoring due diligence in a timely fashion as required by CMHC and investors.
- Ensure documents and reports are provided to Investors as required to satisfy the in-force Servicing Agreement between the investor and FN.
- Ensure all internal policies are acceptable for a prudent servicer and meet the requirements of numerous Investor Servicing Agreements as per Investor audits.
- Provide monthly investor statistical portfolio reports.
- Enable continuous improvement of processes and system utilization to enhance the output and reduce unit costs.
- Enable a positive culture for staff growth, performance and development.
- Coaching and development of staff, learn new skills and enhance their existing knowledge.
- Provide leadership and direction to ensure long term optimal operational results.
- Complete special projects as assigned by Senior Manager, Commercial Servicing
- Ensure initiatives are executed and delivered in a timely manner
- Performs other duties as necessary to support the goals and objectives of the department and business unit
- Facilitates and/or attends regular team meetings to provide updates on team performance, communicating change in policies and procedures, and linking company and department goals to individual performance.
- Encourages participation and feedback from team members on how to continuously improve processes.
- Identifies team and individual performance gaps with direct reports; communicates performance gaps; sets action plans and provides training to improve performance.
- Oversee the completion of quality assurance spot checks of completed work performed by Analysts and Servicing Representatives
- Coaches direct reports on performance and service expectations, providing specific training in key skill areas, as necessary.
- Participates in the recruitment process; screening resumes and conducting interviews.
- Responsible for conducting annual performance reviews and setting performance goals.
- Works closely with Senior Manager in development of department enhancements and efficiencies

**Skills and Competencies**:

- Proven organizational skills and a demonstrated ability to prioritize and multi-task
- Strong interpersonal and communication skills
- Manager/coaching skills are an asset

Education/Certification/Experience Requirements
- Post - secondary education and/or equivalent work experience required
- 3-5 years of experience in the financial industry, including commercial mortgage servicing experience preferred

Why join First National?
- Bright open concept office environment
- Large kitchens with a coffee and latte maker to enjoy at no cost
- Supportive teamwork focused environment
- Collaborative entrepreneurial spirit
- Opportunities to give back to the communities and work through events focused on a variety of charities
- Ongoing social events throughout the year
- Extensive



  • Toronto, Canada Arelli Commercial Cleaning Full time

    _Arelli Cleaning_ is a reputable cleaning and disinfecting service provider with over 15 years of experience. We are expanding our team and looking for an experienced commercial cleaner in **Toronto **who can work flexible hours, including night-time, after business hours and weekends. With Arelli, you'll be able to choose your favorite locations and manage...


  • Greater Toronto Area, Canada Advanced Commercial Food Equipment Full time

    G2 gas technicians looking to be challenged in a different environment, we are looking for a professional, licensed technician for a work in the commercial food industry. We provide service in a competitive market on all sorts of equipment. You will be responsible to diagnose issues. replace parts, preventative maintenance and customer service. While...


  • Toronto, Canada CARMA Corp Full time

    _**Our Company**_ Founded in 1977, CARMA is 100% Canadian owned and operated, with its head office and manufacturing facility located in Lindsay, Ontario. We were the first Measurement Canada approved supplier of electronic submetering systems and continue to be the market leader, with over 350,000 meters installed. Operating across Canada with offices in...


  • Old Toronto, Canada CARMA Corp Full time

    Our Company Founded in 1977, CARMA is 100% Canadian owned and operated, with its head office and manufacturing facility located in Lindsay, Ontario. We were the first Measurement Canada approved supplier of electronic submetering systems and continue to be the market leader, with over 350,000 meters installed. Operating across Canada with offices in Toronto,...


  • Old Toronto, Canada CARMA Corp Full time

    Our Company Founded in 1977, CARMA is 100% Canadian owned and operated, with its head office and manufacturing facility located in Lindsay, Ontario. We were the first Measurement Canada approved supplier of electronic submetering systems and continue to be the market leader, with over 350,000 meters installed. Operating across Canada with offices in Toronto,...


  • Old Toronto, Canada CARMA Corp Full time

    Our Company Founded in 1977, CARMA is 100% Canadian owned and operated, with its head office and manufacturing facility located in Lindsay, Ontario. We were the first Measurement Canada approved supplier of electronic submetering systems and continue to be the market leader, with over 350,000 meters installed. Operating across Canada with offices in Toronto,...


  • Toronto, ON, Canada CARMA Corp Full time

    Our Company Founded in 1977, CARMA is 100% Canadian owned and operated, with its head office and manufacturing facility located in Lindsay, Ontario. We were the first Measurement Canada approved supplier of electronic submetering systems and continue to be the market leader, with over 350,000 meters installed. Operating across Canada with offices in...


  • Toronto, Canada Equitable Bank Full time

    The Core Responsibilities of the Job:40% - The Commercial Servicing Administrator will be responsible for supporting the Commercial Servicing Specialist by handling the daily operations of loans including but not limited to monthly payment reconciliations, subsequent advances and repayments while ensuring as much automation on PPLUS as possible and properly...

  • Commercial Manager

    3 weeks ago


    Toronto, Canada Graham Full time

    Graham is an employee-owned construction solutions partner that services the buildings, industrial, infrastructure, water and project finance sectors. We deliver lasting value for our clients through meticulous planning and scheduling, while upholding rigorous safety and quality standards. With offices throughout North America, our passionate and...


  • Toronto, Canada University of Toronto Full time

    **Date Posted**:10/31/2023 **Req ID**: 34666 **Faculty/Division**: Asst VP - Operations & Services **Department**: F.&S. Utilities -05 **Campus**: St. George (Downtown Toronto) **Position Number**: 00055636 **Description**: **About us**: The University of Toronto is home to some of the world’s most talented academics, inventors, innovators, and educators,...


  • Toronto, ON, Canada Home Trust Company Full time

    Company Profile Home Trust Company has developed a track record of success as Canada’s leading alternative lender, employing nearly 850 people in our Toronto headquarters and branches across the country. Building on the demonstrated strength of our core residential and commercial mortgage lending business, the Company and its affiliates also offer...


  • Toronto, ON, Canada Home Trust Company Full time

    Company Profile Home Trust Company has developed a track record of success as Canada’s leading alternative lender, employing nearly 850 people in our Toronto headquarters and branches across the country. Building on the demonstrated strength of our core residential and commercial mortgage lending business, the Company and its affiliates also offer...


  • Toronto, ON, Canada EightSix Network Inc Full time

    Part Time / Full Time Home Trust Company has developed a track record of success as Canada’s leading alternative lender, employing nearly 850 people in our Toronto headquarters and branches across the country. Building on the demonstrated strength of our core residential and commercial mortgage lending business, the Company and its affiliates also offer...

  • Commercial Manager

    3 weeks ago


    Toronto, Canada SYSTRA Full time

    About SYSTRA Canada SYSTRA Canada is part of the SYSTRA group, an international consulting and engineering group, a world leader in the design of transport infrastructures. SYSTRA Canada is an engineering and consulting firm who is dedicated to transportation solutions, whether for passengers or goods. Imagining and implementing the safest, most efficient,...


  • Toronto, Canada First National Financial Full time

    Working together to be our best! First National is Canada’s largest non-bank lender, originating and servicing both commercial and residential mortgages since 1988. Over the past thirty years, we have been committed to hiring the best and brightest with over 1,000 proud team members. Through cooperation, ongoing coaching, development opportunities and a...


  • Toronto, Canada Dean Group Full time

    COMMERCIAL PROPERTY MANAGER required full time for a successful real estate investment firm to oversee and manage the day-to-day operations of a commercial and retail portfolio of properties. Candidates must have five or more years of commercial property management experience in budget preparation, financial reporting, accounts receivable, tendering and...


  • Toronto, Canada Dean Group Full time

    COMMERCIAL PROPERTY MANAGER required full time for a successful real estate investment firm to oversee and manage the day-to-day operations of a commercial and retail portfolio of properties. Candidates must have five or more years of commercial property management experience in budget preparation, financial reporting, accounts receivable, tendering and...


  • Toronto, Canada Dean Group Full time

    COMMERCIAL PROPERTY MANAGER required full time for a successful real estate investment firm to oversee and manage the day-to-day operations of a commercial and retail portfolio of properties. Candidates must have five or more years of commercial property management experience in budget preparation, financial reporting, accounts receivable, tendering and...


  • Toronto, Canada Four Seasons Hotels and Resorts Full time

    About Four Seasons: Four Seasons is powered by our people. We are a collective of individuals who crave to become better, to push ourselves to new heights and to treat each other as we wish to be treated in return. Our team members around the world create amazing experiences for our guests, residents, and partners through a commitment to luxury with...

  • Senior Manager

    6 days ago


    Toronto, ON, Canada EQ Bank | Equitable Bank Full time

    Senior Commercial Underwriting Manager, CFG As part of a growing and dynamic commercial team, the Senior Commercial Mortgage Underwriter is responsible for the underwriting of construction and conventional commercial loans. The Senior Underwriter must adhere to established policies and underwriting standards, meeting compliance and control requirements,...