Commercial Funding Administrator

Peoples Group • Toronto, ON

2d • CA$55,000 - CA$65,000 • Hybrid

About The Position

Manage closing processes for complex multi-family mortgage transactions, including fundings, renewals, assumptions, takeout conversions, and construction advances. Ensure data integrity, funding accuracy, audit readiness, and compliance with internal controls and regulatory requirements. Service as a key liaison to solicitors, insurance consultants, and other third-party service providers, resolving discrepancies and facilitating seamless transactions. Contribute to continuous process improvements and risk mitigation initiatives.

Requirements

• 1+ year in financial industry, mortgage administration, commercial real estate, or high-volume transaction environments.
• Experience with loan fundings, advances, disbursements, and construction draws; strong accuracy under deadlines.
• Knowledge of mortgage documentation, loan closing processes, and security perfection.
• Proven ability to coordinate with external stakeholders and manage high-volume system-based loan administration.
• Highly organized, adaptable, and collaborative, with prioritization skills, and compliance awareness.
• Proficient in Microsoft Office, Teams, and Adobe Acrobat.

Nice To Haves

• Bilingual in French (written and spoken) is a strong asset.
• CMHC-insured multi-family experience is a strong asset.

Responsibilities

• Manage closing processes for complex multi-family mortgage transactions, ensuring accurate, timely funding and adherence to internal controls.
• Conduct Quality Assurance reviews of loan data, prepare funding calculations, and system produced documentation to maintain precision and compliance.
• Calculate, process, and authorize mortgage advances, disbursements, construction draws and submit postings, cheque requisitions and PAC setups.
• Maintain organized digital loan files with standard naming conventions and ensure audit-readiness documentation.
• Liaise with solicitors, insurance consultants, and other third-party service providers and internal parties and confirm legal, insurance, and security perfection.
• Collaborate cross-functionally with underwriting, treasury, servicing teams to facilitate transactions or resolve discrepancies.

Benefits

• Competitive salaries
• Profit sharing
• RRSP matching
• Benefits from day one
• Generous paid time off
• A commitment to your well-being in five key areas: Financial, Physical, Social, Career, and Community.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed