Peoples Group is a trusted financial services company that works alongside challenger banks, fintechs, and brokers to foster a competitive financial ecosystem. The Commercial Funding Administrator will manage closing processes for complex multi-family mortgage transactions, ensuring data integrity, funding accuracy, and compliance with regulatory requirements.
Responsibilities
- 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
- 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
Skills
- 1+ year in financial industry, mortgage administration, commercial real estate, or high-volume transaction environments
- Bilingual in French (written and spoken) is a strong asset
- Experience with loan fundings, advances, disbursements, and construction draws; strong accuracy under deadlines
- Knowledge of mortgage documentation, loan closing processes, and security perfection; CMHC-insured multi-family experience is a strong asset
- 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
Benefits
- 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.
Company Overview
- Peoples Group is a trusted financial institution for the innovators at the forefront of Canada’s economic future. It was founded in 1985, and is headquartered in Vancouver, British Columbia, CAN, with a workforce of 501-1000 employees. Its website is https://www.peoplestrust.com.