Analyst Ii, Commercial Funding

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**: August 11, 2025
**Closing Date**: August 25, 2025
**Hours of Work**: 8:30 a.m. - 5:00 p.m.
**Grade**: 12.3
**Office Location**: 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 Analyst II is responsible for assisting with instructing, advancing and closing mortgage files in accordance with company policies and procedures. The Analyst II handles each file from the time the financing offer is accepted by the Borrower to the closing.
**How you will contribute**:

- Instruct the solicitor and external property insurance consultant
- Review the file to identify any special conditions as per the commitment letter and, if applicable, CMHC’s special conditions
- Ensure that all supporting documents and pre-funding conditions have been received and satisfied before advancing funds
- Coordinate the closing process with the applicable investor, ensuring that all investor requirements have been met and obtaining investor approval
- Follow up with the applicable underwriter for any outstanding conditions
- Set up all loan details in the mortgage system from various sources, including the commitment letter, CMHC special conditions, underwriting binder, and legal documents
- Set up the loan file in the paperless system
- Calculate interest adjustments, repair holdbacks, tax holdbacks, and monthly tax components
- Post all advances onto the mortgage system, ensuring all advances balance and reconciling any discrepancies
- Complete a final review of assigned files post-funding to ensure the file is ready for audit and transfer to the Servicing Department
- Advance construction/progress draws regularly
- Complete special projects as assigned by the Director of Commercial Mortgage Funding

**The experience you need**:

- Post-secondary education and/or equivalent work experience preferred
- Working knowledge of Quebec commercial mortgage legal documentation is a definite asset
- Minimum of 2 years of experience in the mortgage industry, with a preference for commercial mortgage funding experience
- Proven organizational skills and demonstrated ability to prioritize and multi-task
- Ability to thrive in a fast-paced environment
- Strong verbal and written communication skills, with a track record of providing excellent customer service
- Team player with the ability to perform additional duties as assigned
- Capability to work independently and collaboratively within a team environment

**Working Environment and Physical Demands Analysis**:

- 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.

Why join First National?
- Competitive Compensation
- Comprehensive benefits program (i.e., Health Spending Account, Maternity and Parental Leave Top Up)
- Hybrid working environment
- 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

**The team you’ll join**:
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.
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.
FNLOON