We are hiring an Associate Analyst, Commercial Funding!
Toronto, ON, CanadaYesterday
Key details
- Salary
- $45K–$55K/yr
- Location
- Toronto, ON, Canada
- Work style
- Onsite
- Level
- Entry level
- Job type
- Full-time
- Experience
- 1–4 yrs
- Function
- Operations & Strategy
- Focus area
- other
- Posted
- Yesterday
Skills
customer serviceinvoice processing
About the role
We are hiring an Associate Analyst, Commercial Funding!
Reporting To:
Associate Director, Commercial Funding
Full-Time/Part- Posting Date:
Full-timeNovember 11, 2026
Closing Date:
December 2, 2026
Salary Range:
$45,000-$55,000
Hours of Work:
8:30 a.m. – 5:00 p.m.
Grade:
Office Location:
6.3
Toronto, ON
Great location! Steps away from the main public transit station
What we offer:
Highly competitive compensation package which includes, salary, bonus, benefits, and career advancement opportunities!
*Eligibility for benefits is dependent on the terms of employment
The Opportunity
The Associate Analyst plays a key support role within the Commercial Funding Department, contributing to the smooth and efficient execution of funding activities. This position is ideal for an early‑career professional who is highly organized, detail‑driven, and motivated to learn. The Associate Analyst supports departmental goals by assisting with file setup, data entry, documentation management, and coordination with internal and external partners. This role offers the opportunity to build foundational expertise in commercial mortgage funding while growing within a collaborative, fast‑paced team.
How you will contribute:
Set up of initial paper & paperless files for new loans
Completion of basic loan set up in Optimus, including peripheral security set up & client information set up
Deposit trust deposits and commitment fee in the appropriate file on Optimus, and document the paperless file for accounting and audit purposes
Coordinate with Accounting Department to ensure funds are received and posted to Optimus in real time basis accordingly
Process refunds from suspense accounts in relation to cancelled transactions and/or payment of invoices
Reconcile, track remittances and process invoice payments to multiple third-party service providers
Receive deposits for broker deals, collect the appropriate documentation, post on Optimus and advise management for reporting purposes
Prepare cheque and EFT requisitions for CMHC application fees, Dead Deals, and post approval fees
Arrange execution of various documents by the appropriate authorized signatories and distribute finalized documents to requesting parties
Maintain departmental files, and support the upkeep of the Commercial Filing Room
Conduct high-level review of pooling report to identify discrepancies that could result in securitization issues
Create matter numbers on Legal Tracker for legal invoice purposes
Contribute to special projects and operational initiatives as assigned by the Associate Director & Team Lead, Commercial Funding
The experience you need:
Bachelor degree in finance, economics, commerce, law, accounting, or a related field.
Minimum of 1 year of experience in Finance, Real Estate, Business or Accounting
Bring strong organizational skills and a growth‑oriented mindset to support the team and develop within the role
Mortgage experience or general commercial real estate knowledge preferred
Optimus experience preferred
Strong communication skills, verbal & written, with experience in providing excellent customer service
Team player with ability to perform extra duties as assigned
Strong attention to detail in all areas of work
Ability to foster and maintain relationships
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)
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.
We would like to thank all applications for their interest in this existing vacancy, but only candidates selected for an interview will be contacted.
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.
Artificial Intelligence is not used in our recruitment or hiring process for this role.
First National supports requests for accommodation from applicants with disabilities; please contact Human Resources at accessibility@firstnational.ca should you need an accommodation at any point in the recruitment process.
#FNLOON
Reporting To:
Associate Director, Commercial Funding
Full-Time/Part- Posting Date:
Full-timeNovember 11, 2026
Closing Date:
December 2, 2026
Salary Range:
$45,000-$55,000
Hours of Work:
8:30 a.m. – 5:00 p.m.
Grade:
Office Location:
6.3
Toronto, ON
Great location! Steps away from the main public transit station
What we offer:
Highly competitive compensation package which includes, salary, bonus, benefits, and career advancement opportunities!
*Eligibility for benefits is dependent on the terms of employment
The Opportunity
The Associate Analyst plays a key support role within the Commercial Funding Department, contributing to the smooth and efficient execution of funding activities. This position is ideal for an early‑career professional who is highly organized, detail‑driven, and motivated to learn. The Associate Analyst supports departmental goals by assisting with file setup, data entry, documentation management, and coordination with internal and external partners. This role offers the opportunity to build foundational expertise in commercial mortgage funding while growing within a collaborative, fast‑paced team.
How you will contribute:
Set up of initial paper & paperless files for new loans
Completion of basic loan set up in Optimus, including peripheral security set up & client information set up
Deposit trust deposits and commitment fee in the appropriate file on Optimus, and document the paperless file for accounting and audit purposes
Coordinate with Accounting Department to ensure funds are received and posted to Optimus in real time basis accordingly
Process refunds from suspense accounts in relation to cancelled transactions and/or payment of invoices
Reconcile, track remittances and process invoice payments to multiple third-party service providers
Receive deposits for broker deals, collect the appropriate documentation, post on Optimus and advise management for reporting purposes
Prepare cheque and EFT requisitions for CMHC application fees, Dead Deals, and post approval fees
Arrange execution of various documents by the appropriate authorized signatories and distribute finalized documents to requesting parties
Maintain departmental files, and support the upkeep of the Commercial Filing Room
Conduct high-level review of pooling report to identify discrepancies that could result in securitization issues
Create matter numbers on Legal Tracker for legal invoice purposes
Contribute to special projects and operational initiatives as assigned by the Associate Director & Team Lead, Commercial Funding
The experience you need:
Bachelor degree in finance, economics, commerce, law, accounting, or a related field.
Minimum of 1 year of experience in Finance, Real Estate, Business or Accounting
Bring strong organizational skills and a growth‑oriented mindset to support the team and develop within the role
Mortgage experience or general commercial real estate knowledge preferred
Optimus experience preferred
Strong communication skills, verbal & written, with experience in providing excellent customer service
Team player with ability to perform extra duties as assigned
Strong attention to detail in all areas of work
Ability to foster and maintain relationships
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)
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.
We would like to thank all applications for their interest in this existing vacancy, but only candidates selected for an interview will be contacted.
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.
Artificial Intelligence is not used in our recruitment or hiring process for this role.
First National supports requests for accommodation from applicants with disabilities; please contact Human Resources at accessibility@firstnational.ca should you need an accommodation at any point in the recruitment process.
#FNLOON
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