Sr Commercial Funding Administrator

Peoples Group; Toronto; Hybrid; CAD 65,000 - 75,000; Full time

Benefits offered by this job

Hybrid work environment

Profit sharing

RRSP matching

Benefits from day one

Generous paid time off

Job summary

Peoples Group in Toronto is seeking a Senior Funder to lead complex commercial mortgage funding and closing activities. The role covers CMHC-insured and multi-entity transactions, with a focus on compliance, accuracy, and timely funding.

You will mentor junior funders, support process improvements, and ensure adherence to credit and legal requirements in a hybrid work environment.

Qualifications

• 3+ years of experience in commercial mortgage funding.
• Bilingual (French/English) is an asset.
• Demonstrated experience with multifamily cost-to-complete construction draws and CMHC insured mortgage funding.
• Strong understanding of commercial loan documentation and security structures.
• Experience funding complex commercial transactions and syndicated deals is an asset.

Responsibilities

• Lead and execute the most complex or high-risk commercial mortgage transactions.
• Manage multifamily construction loan funding and cost-to-complete reviews.
• Administer CMHC-insured mortgage transactions and funding requirements.
• Support funding activities across all commercial loan types during peak periods.
• Perform in-depth reviews of loan setup and entity structures.
• Manage complex disbursements and system entries.
• Support AML awareness and PPSA renewals.
• Identify, assess and elevate risks for enforceability and audit readiness.
• Contribute to process improvements and controls.
• Provide day-to-day guidance and onboarding for junior funders.

Skills

Commercial mortgage funding

Bilingual (French/English)

Attention to detail

Communication skills

Ability to manage multiple trans.

Education

Post-secondary education in finance or business

Job description

We are hiring for this position out of our Toronto office. Successful candidates who apply outside of these areas will be expected to relocate and reside in a location that is within a commutable distance.

About The Role

The Senior Funder is responsible for leading complex commercial mortgage funding and closing activities across a diverse portfolio, including construction CMHC-insured, and multi-entity transactions. Acting as a senior subject matter expert, the role ensures accurate and timely funding execution, compliance with credit, legal, and operational requirements, and security monitoring, and risk mitigation activities. The Senior Funder also supports projects and report monitoring, contributes to process improvements and operational initiatives, and provides guidance and mentorship to junior team members.

About The Day-to-day

• Lead and execute the most complex or high-risk commercial mortgage transactions (e.g., multifamily construction financing, CMHC-insured mortgages, letters of credit, multi-entity structures, syndicated facilities, time-sensitive closings), ensuring accuracy, timeliness, and alignment with credit, legal, and operational requirements.
• Manage and oversee multifamily construction loan funding, including cost-to-complete reviews, construction raw administration, holdback management, and compliance with approved lending insurer requirements.
• Administer and support CMHC-insured mortgage transactions, ensuring all insurer conditions, funding requirements, and reporting obligations are satisfied throughout the funding lifecycle.
• Support funding activities across all commercial loan types, stepping in on escalated files or peak volume periods to ensure continuity of delivery and adherence to service standards.
• Perform in-depth reviews of loan setup, documentation, and understanding of entity structures, applying advanced judgement to ensure alignment with credit intent and identifying discrepancies or risks.
• Manage complex financial disbursements (cost-to-complete, tax holdbacks, interest adjustments) and system entries, ensuring accuracy and resolving system-related issues.
• Support ongoing compliance activities including AML Awareness, monthly monitoring of security follow-up items, and management of PPSA renewals.
• Identify, assess, and elevate risks ensuring continued enforceability and audit readiness.
• Contribute to or lead special initiatives, including process enhancements, workflow optimization to improve efficiency, and controls.
• Provide day-to-day guidance to junior funders, assist with onboarding and training, act as a subject matter resource to promote consistency in execution across the team.

About The Qualifications

• 3+ years of experience in commercial mortgage funding.
• Post-secondary education in finance, business, accounting, or a related field.
• Bilingual (French/English) is an asset .
• Demonstrated experience with multifamily cost-to-complete construction draws and CMHC insured mortgage funding is required.
• Strong understanding of commercial loan documentation and security structures.
• Experience funding complex commercial transactions and syndicated deals is considered an asset.
• Knowledge of lending regulations, PPSA registrations, and commercial credit processes.
• Excellent attention to detail and organization skills.
• Strong communication and problem-solving abilities.
• Ability to manage multiple transactions in a fast-paced environment.
• Experience working with legal documentation and external counsel, construction draws.

About Us

Peoples Group is a trusted financial services company for the innovators at the forefront of Canada’s economic future. With offices in Vancouver, Calgary, and Toronto, we are driving change by working alongside challenger banks, fintechs, brokers, and merchants to foster a dynamic and competitive financial ecosystem.

Our culture is built on four core behaviours: Grit to Grow, Connect to Collaborate, Putting Clients First, and Owning the Outcome. We believe people do not simply choose a company to work for—they choose a company that makes a positive impact in the lives of Canadians. Above all, we value people, build meaningful relationships, focus on individual strengths, and approach our work with passion.

About The Work Environment

Peoples Group offers a flexible and hybrid work environment. In this role you will work a combination of in-office and remotely from home. Typically, you'll be working regular business hours, Monday to Friday between 8:00am and 4:30pm with flexibility around start/end times.

We Offer

• A hybrid work environment, enabling you to balance your personal and professional life seamlessly.
• Competitive salaries, profit sharing, RRSP matching and benefits from day one.
• Generous paid time off to help achieve a healthy work-life balance.
• A strengths-based approach, ensuring we work together more effectively.
• A commitment to your well-being in five key areas: Financial, Physical, Social, Career, and Community.

Peoples Group is pleased to offer employees a competitive annual salary plus a discretionary profit share opportunity. Salary for this position will vary between $65,000 and $75,000 per year depending on the knowledge, skills, abilities and experience that the chosen candidate possesses.

NOTE: This job posting is for an existing vacancy. Peoples Group is an Equal Employment Opportunity employer. Please accept our utmost appreciation for your interest; however, only those applicants under consideration will be contacted.

We value and celebrate individuality while fostering an inclusive workplace for everyone. If there's any way we can support or accommodate you during the selection process, please don't hesitate to let us know.