Director, Commercial Financing

4 weeks ago


Vancouver, Canada First National Full time

We are hiring a Director in our Commercial Financing department The Role : The Director 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 : 94,902 - $161,333 Posting Date : January 31, 2024 Closing Date : March 8, 2024 Hours of Work : 8:30 – 5:00 Location : Vancouver BC Great location Steps away from the main public transit station. What we offer : Highly competitive compensation package including base salary, bonus, benefits, and career advancement opportunities What you will do : Support the AVP in developing and expanding the client base, increasing income and company profit. Provide oversight and support to analysts, including reviewing underwriting, credit applications, and loan commitments. Manage transactions from start to finish and resolve complex issues. Work directly with clients and prospects to gather due diligence, build relationships, and recommend mortgage solutions. Make decisions on loan opportunities, structuring, and credit. Analyze financial info on commercial properties to determine loan parameters. Review third-party reports for compliance and guidelines. Review conditions and exceptions, prepare recommendations, and ensure underwriting procedures are followed. Prepare loan summaries and coordinate with stakeholders to meet loan conditions. Develop and analyze construction/development pro-forma. Monitor ongoing construction loan draws and fees. Assist in client meetings and training of team members. Perform other duties to support the division's goals. Share knowledge and act as a resource within the group. Make confident recommendations and understand market capital requirements. Ensure AML policies are followed. The Requirements Needed : Experience in commercial real estate lending. Undergraduate Degree and/or MBA in Finance or Real Estate. Knowledge of real estate lending regulations. Financial analysis skills. Strong organizational and communication skills. Experience with legal documentation, ownership structures, and AML. Preferred experience with CMHC, construction finance, or related fields. Familiarity with property valuation and construction processes. Advanced PC skills, especially Word and Excel. Attention to detail, self-motivation, results-oriented. Bilingual (French/English) is an asset. Why join First National? Supportive environment and collaborative culture. Extensive training programs. Modern office environment with amenities. Community involvement and social events. The team you will join : Founded in 1988, First National is among Canada’s largest non-bank lenders, serving residential and commercial clients nationwide. Our values are embodied in our motto: "It’s in our Nature." We are committed to diversity and inclusion and support accommodations for applicants with disabilities. We thank all applicants for their interest. Only those selected for an interview will be contacted. #J-18808-Ljbffr



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