Associate Manager, Commercial Funding Operations
Associate Manager, Commercial Funding Operations
Posted on :
11-07-2025
Employer Active
1 Vacancy
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Job Description
Join a Challenger
Being a traditional bank just isnt our thing. We are big believers in innovating the banking experience because we believe Canadians deserve better options and we challenge ourselves and our teams to creatively transform whats possible in banking. Our team is made up of inquisitive and agile minds that find smarter ways of doing things. If youre not afraid of taking on big challenges and redefining the future you belong with us. Youll get to work with people who will encourage you to reach new heights. We like to keep things fun ask questions and learn together.
We are a big (and growing!) family. Overall we serve more than 670000 people acrossCanadathrough Equitable BankCanadasChallenger Bank and have been around for more than 50 years. Equitable Banks wholly-owned subsidiary Concentra Bank supports credit unions acrossCanadathat serve more than six million members. Together we have over$125 billionin combined assets under management and administration with a clear mandate to drive change in Canadian banking to enrich peoples lives. Our customers have named our EQ Bank digital platform () one of the top banks in Canada on the Forbes Worlds Best Banks list since 2021.
The Work
The Assistant Manager Commercial Mortgage Funding is responsible for assisting Funding management in coordinating and overseeing the activities and processes related to commercial mortgage funding to ensure that optimum timely service is provided. The role ensures that department processes are executed efficiently and that Policies and Procedures are adhered to.
The core parts of your role would be to:
- Assist Funding management in managing the commercial mortgage funding pipeline on a weekly basis. This includes ensuring all funding advances comply with Credit Risk Analysis Commercial policies and procedures and AML requirements prior to cheque issuance by the signing officer. Also responsible for coordinating closing dates and assigning transactions (30%)
- Collaborate with Funding Management to review and approve files during high volume periods. Proactively communicate with Commercial Funding management and staff to confirm accurate feasible funding timelines and contribute to the high-quality execution of funding tasks. Support adherence to internal policies processes and procedures in line with company standards.(30%)
- Assist with onboarding and training of new hires under the guidance of Funding management. Provide support on departmental policies funding procedures systems usage and best practices. Act as a subject matter resource to ensure new team members are well integrated and consistent in their approach (20%)
- Support Funding management with ad-hoc tasks as needed such as final check audits wire sign-off for additional fees broker fee reporting addressing internal audit findings and requests from portfolio management teams (20%)
Lets Talk About You!
- Minimum of 5 years of mortgage experience
- Post-secondary education (diploma/degree) preferably in business or finance
- Strong analytical and organizational skills
- Ability to manage multiple competing priorities effectively
- Excellent time management and communication skills both verbal and written
- Proficient in MS Office (especially Word and Excel)
- Knowledge of:
AML/ATF legislation (e.g. PCMLFA PIPEDA OBCA)
Real Estate and Contract Law including practices across Canada
Commercial property insurance requirements
Basic knowledge of Commercial Real Estate Underwriting
Experience communicating with senior management in a professional manner
Familiarity with SIT systems an asset
Bilingual in French is an asset
Job Complexities/Thinking Challenges
- The incumbent must navigate high volumes of transactions under tight timelines. Challenges may arise in meeting funding deadlines while ensuring compliance with company guidelines. Resolving these matters may require coordination with senior staff or management. The role also requires the ability to manage competing priorities from multiple teams within the funding group.
#LI-Hybrid
What we offer For full-time permanent roles
Competitive discretionary bonus
Market leading RRSP match program
Medical dental vision life and disability benefits
Employee Share Purchase Plan
Maternity/Parental top-up while you care for your little one
Generous vacation policy and personal days
Virtual events to connect with your fellow colleagues
Annual professional development allowance and a comprehensive Career Development program
A fulfilling opportunity to join one of the top FinTechs and help create a new kind of banking experience
The incumbent will be working hybrid and in office time will be spent working from Equitable Banks additional office space located at 2200-25 Ontario Street Toronto ON.
Equitable Bank is deeply committed to inclusion. Our organization is stronger and our employees thrive when we honour and celebrate everyones diverse experiences and perspectives. In tandem with that commitment we support and encourage our staff to grow not just in their career path but personally as well.
We commit to providing a barrier-free recruitment process and work environment for all applicants. Please let us know of any accommodations needed so that you can bring your best self to the application process and candidates considered for hire must successfully pass a criminal background check and credit check to qualify for hire. While we appreciate your interest in applying an Equitable recruiter will only contact leading candidates whose skills and qualifications closely match the requirements of the position.
We cant wait to get to know you!
Required Experience:
Manager
Employment Type
Full-Time
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