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.

If you are ready to join First National’s dynamic team, while working hard and having fun doing it, we invite you to apply online and let us know how you can be part of our success story.

We are hiring a Bilingual Funding Specialist!
Reporting To: Senior Manager, Commercial Funding and Renewals
Full-Time/Part- Time: Full-time
Posting Date: January 31, 2023
Closing Date: February 13, 2023
Hours of Work: 8:30 a.m. – 5:00 p.m.
Grade: 6
Office Location: Downtown Toronto/Hybrid 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 Bilingual Funding Specialist is responsible for assisting with instructing, advancing and closing mortgage files in accordance with company policies and procedures. The Bilingual Funding Specialist handles each file from the time the loan is committed to the time the file closes.
• Instruct Solicitor and external property insurance consultant
• Review file to identify any special conditions as per the commitment letter and if applicable, per CMHC’s special conditions
• Ensure that all supporting documents and pre-funding conditions have been received and satisfied prior to advancing funds
• Co-ordinate closing process with applicable investor, ensures that all investor requirements have been met and obtains investor approval
• Follow up with the applicable underwriter for any outstanding conditions
• Set up all loan details onto mortgage system from various sources, including commitment letter, CMHC special conditions, underwriting binder, legal documents etc., set up of loan file in paperless system
• Calculate interest adjustments, repair holdbacks, tax holdbacks and monthly tax components
• Post all advances onto mortgage system, ensures all advances balance and the reconciliation of any discrepancies
• Complete final review of assigned files post funding to ensure file is ready to be transferred to servicing, prepare client welcome letter and tax office notification letter
• Advance construction/progress draws on a regular basis
• Complete special projects as assigned by Senior Manager, Commercial Mortgage Funding

The Requirements Needed:
• Post-secondary education and/or equivalent work experience preferred
• Working knowledge of Quebec commercial mortgage legal documentation is a definite asset
• 2 years of experience in the mortgage industry, commercial mortgage funding experience preferred
• Proficiency in Microsoft computer applications
• Proven organizational skills and demonstrated ability to prioritize and multi-task
• Enjoys working in a fast-paced environment
• Strong communication skills, verbal & written, with experience in providing excellent customer service
• Team player with ability to perform extra duties as assigned
• Ability to work independently and in a team environment
• Bilingualism (French, English) required- interactions with English-speaking customers or partners

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 training programs to set our employees up for success

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 or any other category protected by law.

First National supports requests for accommodation from applicants with disabilities; please contact Human Resources at accessibility@firstnational.ca.

We would like to thank all applications for their interest, but only candidates selected for an interview will be contacted.

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posted 30+ days ago