Senior Analyst, Commercial Financing

First National Financial LP; Calgary; Hybrid; CAD 70,000 - 116,000; Full time

Benefits offered by this job

Base salary and bonus

Benefits package

Career advancement opportunities

Transit-accessible office location

Kitchens with coffee/latte maker

Job summary

First National Financial LP, a leading Canadian lender, seeks a Senior Analyst in Commercial Financing. The role focuses on CMHC, construction and conventional CRE financing, analyzing financials and third-party reports to support loan decisions.

You will coordinate with investors, legal, and clients, and contribute to loan approvals while ensuring AML compliance and accurate documentation. Calgary-based, full-time role with growth opportunities.

Qualifications

• Experience in commercial real estate lending is required.
• Undergraduate degree and/or MBA in Finance/Real Estate.
• 2-3 years CMHC and construction financing experience.
• Minimum 5 years in a related CRE role.
• Knowledge of applicable real estate lending regulations.
• Experience in financial analysis (balance sheet, income statement).
• Advanced PC skills, with Word and Excel.
• Bilingualism (French and English) an asset.

Responsibilities

• Analyze financial information on commercial properties to determine loan size, terms, and pricing.
• Review third party reports to ensure compliance with investor requirements.
• Prepare loan summaries and credit documents for loan approvals.
• Coordinate with funders, investors, and consultants to meet conditions.
• Prepare Letters of Interest and Commitment Letters with smooth information flow.
• Develop and analyze construction/development pro-forma for multi-unit housing projects
• Monitor construction loan draws and related budgets.
• Assist in client meetings and mentor team members.
• Adhere to AML policies and procedures.

Skills

Commercial real estate lending

Financial analysis

AML compliance

Excel

Organizational skills

Bilingual (French, English)

Education

Undergraduate degree and/or MBA in Finance/Real Estate

Tools

Excel

Word

Job description

We are hiring a Senior Analyst, Commercial Financing!

Reporting To: Director and Team Lead, Commercial Financing

Full-Time/Part- Time: Full-time

Salary Range : $69,849 - $116,415

Hours of Work: 8:30 a.m. – 5:00 p.m.

Grade: 14.2

Office Location: Calgary 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 Senior Analyst 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.

How you will contribute:

• Analyze financial information on commercial properties including rent rolls, operating statements and financial/net worth statements, to assist management in determining the appropriate loan size, terms, conditions and pricing
• Review third party reports including appraisal, phase I/II environmental reports and engineering reports, to determine compliance with investor requirements, product lending and guidelines and loan terms and conditions
• Review conditions and exception requests and prepare recommendations to credit/investors. Ensures that underwriting procedures are in force at all times and senior management authorizes any exceptions
• Prepare loan summary including financial analysis and credit documents to assist in the loan approval process
• Coordinate with Funder, Investor, Legal, and other third-party consultants to ensure loan conditions are met
• Coordinate with clients and prepare Letters of Interest and Commitment Letters along with managing information flow to ensure smooth loan transactions
• Develop and analyze construction/development pro-forma as of various multi-unit housing type projects
• Monitor on-going construction loan draws, cross-referencing budgets, and ensuring applicable undertakings are performed
• Monitor pending and approved loans and any corresponding fees which includes a review of any fees currently on deposit with First National
• Assist from time to time in preparation for prospect and existing client meetings
• Assist in training and mentorship of other team members
• Perform other duties as necessary to support the goals and objectives of the commercial mortgage division
• Adhere to policies/procedures to ensure AML requirements are met, when applicable.

The experience you need:

• Experience in commercial real estate lending is a must
• Undergraduate Degree and/or MBA with focus in a Finance/ Real Estate related discipline
• 2-3 years’ experience in CMHC and construction financing required
• Minimum 5 years’ experience in a relative commercial real estate role
• Development industry, private equity, cost consulting, or accounting with a real estate focus experience an asset
• Knowledge of applicable real estate lending regulations is a must
• Experience in financial analysis (i.e. balance sheet, income statement)
• Organizational skills to manage several ongoing and competing tasks simultaneously
• Strong understanding of legal documentation, ownership structures and AML requirements
• Familiarity with principles of property valuation and the construction process
• Advanced PC skills, with an emphasis on Word and Excel
• High degree of consistent accuracy and attention to detail
• Able to work with minimum supervision
• Results oriented and highly motivated self-starter
• Bilingualism (French, English) an asset

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?

• Supportive teamwork focused environment
• Collaborative entrepreneurial spirit
• Extensive training programs to set our employees up for success
• Bright open concept office environment
• Large kitchens with a coffee and latte maker to enjoy at no cost
• 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.

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.

First National supports requests for accommodation from applicants with disabilities; please contact Human Resources at [e-mail] should you need an accommodation at any point in the recruitment process.

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