Loan Administrator
1 week ago
**The Company**
Paragon is one of Winnipeg’s largest, privately-owned real estate companies, specializing in the development of sustainable, purpose-built multifamily rental properties. Backed by over 15 years of experience, Paragon offers end-to-end real estate services - from acquisition and development to construction management and long-term property management. With over $800 million in projects under development, we are expanding our team to support our continued growth.
At Paragon, we believe in fostering an environment where our employees can thrive professionally and personally. We offer a comprehensive benefits package, career development opportunities and a dynamic workplace culture that embodies The Paragon Way.
**The Opportunity**:
The Loan Administrator will play a key role in supporting the financial operations of the company by ensuring accurate, timely, and compliant administration of construction loans, mortgages, lines of credit, and other financing arrangements. This individual will be responsible for maintaining loan documentation, coordinating draw requests, managing lender communications, and assisting with reporting and compliance.
**Key Responsibilities**:
- Support the CFO and Controller in all aspects of loan administration
- Maintain detailed and organized records of loan agreements, schedules, covenants, and compliance requirements
- Prepare and submit loan draw requests in coordination with the finance department.
- Improving and implementing process improvements to ensure tasks are completed accurately and on schedule.
- Monitor loan covenants, deadlines, and reporting requirements; ensure compliance and timely submissions
- Reconcile loan accounts and ensure interest payments, fees, and principal repayments are accurate and timely
- Liaise with lenders, legal counsel, internal teams, and external consultants as needed
- Assist with financial reporting related to loan activity and project financing
- Support the finance team with ad hoc analyses and special projects as required
**What You Bring to the Team**:
- 3+ years of experience in loan administration, real estate finance, or a related role
- Experience working with real estate loans, including construction financing and commercial mortgages
- Strong attention to detail and organizational skills
- Proficiency with Microsoft Excel and accounting or loan tracking software
- Familiarity with legal and financial documentation related to loans and real estate transactions
- Excellent communication and interpersonal skills
- Ability to work independently and collaboratively in a fast-paced environment
- Basic working understanding of accounting principles with working knowledge of reconciling reporting documents to financial statements
**Why Join Paragon Living?**
- A supportive, collaborative team that celebrates growth and shared success
- Opportunities to contribute, learn, and lead in a growing company
- Competitive compensation and benefits
- A culture that values connection, creativity, and community
Ready to Build Something Great With Us?
**Benefits**:
- Company events
- Dental care
- Extended health care
- Life insurance
- Mileage reimbursement
- On-site gym
- On-site parking
- Paid time off
- RRSP match
- Vision care
Schedule:
- Monday to Friday
Application question(s):
- How many years of experience in loan administration or real estate finance do you have?
- Do you have experience with construction financing and commercial mortgages?
- Do you have familiarity with legal and financial documentation related to loans and real estate transactions?
Work Location: In person
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