Assistant Vice President, Commercial Asset Management

We are hiring an Assistant Vice President Commercial Asset Management!Reporting To:Vice President Commercial OperationsFull-Time/Part- Time:Full-timePosting Date:July 1 2026Closing Date:July 10 2026Salary Range:$140000-$175000Hours of Work:8:30 a.m. 5:00 :Office Location: 20.3Toronto ONGreat location! Steps away from the main public transit station What we offer:Highly competitive compensation package which includes benefits and career advancement opportunities! *Eligibility for benefits is dependent on the terms of employmentThe Opportunity:The Assistant Vice President Commercial Asset Management provides strategic leadership and end-to-end oversight of the commercial asset management function. This role is accountable for the performance efficiency and risk management of commercial asset management operations ensuring strong execution across the mortgage AVP leads the Commercial Asset Management teams drives team engagement and oversees key departmental initiatives ensuring alignment with organizational objectives and fostering a high-performing collaborative culture. The role is responsible for overseeing collections and annual financial reporting mitigating risk improving processes and driving efficiencies to support business growth and operational in close partnership with investors internal stakeholders and Finance the AVP ensures alignment of commercial asset management strategy reporting controls and performance outcomes. How you will contribute: Key responsibilities include:Lead and oversee the teams promoting strong team engagement development accountability and a high-performance operations including collections annual financial reporting portfolio monitoring borrower post funding requirements and service delivery standards. Provide strategic oversight of borrower reporting and annual financial reporting processes ensuring required deliverables are monitored escalated and completed in alignment with internal standards investor expectations regulatory requirements and portfolio risk management CMHC post-funding conditions ensuring requirements are tracked completed escalated and reported in accordance with CMHC expectations and internal as a subject matter expert on CMHC requirements providing guidance to the team and internal stakeholders on CMHC-related policies procedures reporting requirements and compliance assess and mitigate operational borrower investor and portfolio risks through effective controls proactive monitoring and timely departmental initiatives focused on process improvement scalability workflow optimization and operational with investors internal stakeholders and Finance to support commercial asset management strategy reporting alignment and performance as a key liaison across underwriting servicing capital markets Finance and other internal departments to ensure seamless coordination and monitor and drive accountability for departmental KPIs ensuring continuous performance improvement transparency and measurable oversight of reporting and analytics delivering insights into portfolio performance collection rates annual financial reporting and operational improve and ensure execution of policies and procedures for Commercial Asset and manage education and training initiatives for new and existing interdepartmental efficiencies to support high-quality commercial mortgage servicing reporting and asset and resolve escalations providing guidance and support on complex borrowers investors and operational ongoing feedback coaching and development support to team current with industry regulatory investor and market trends impacting commercial asset to policies and procedures to ensure AML requirements are met when experience you need: Industry Experience: 7-10 Years of progressive experience in commercial mortgages commercial lending or real estate finance Leadership (or Management) Experience : 7-10 Years experience in leadership of operational : Bachelors degree in finance economics commerce law accounting or a related Requirements: English :External Customers Senior management at other financial institutions Investors Auditors Regulators Brokers Canada Mortgage Housing Corporation Appraisers Solicitors and Commercial Customers/BorrowersInternal Customers: Interdepartmental team members including Finance and Capital Markets to ensure a fluid and transparent First National customer experienceWorking Environment and Physical Demands Analysis:Office environmentPeriods of high volume with tight timelinesLong periods of stationary position/sittingProlonged periods of repetitive movement (i.e. using a keyboard and mouse)Long periods of time in viewing a computer screenMulti-tasking may include speaking to customers on a telephone call while looking up information on a computer join First NationalCompetitive 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 collaborationSupportive 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 youll join: Founded in 1988 First National is one of Canadas largest non-bank lenders. We provide residential mortgages exclusively through the mortgage broker channel and we are Canadas 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. Artificial Intelligence is not used in our recruitment or hiring process for this role. 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 National supports requests for accommodation from applicants with disabilities; please contact Human Resources at should you need an accommodation at any point in the recruitment process.#FNLOON