We are hiring an Assistant Vice President, Commercial Mortgage Funding!
Reporting To: Vice President, Commercial Operations
Full-Time/Part- Time: Full-time
Posting Date: July 1, 2026
Closing Date: July 10, 2026
Salary Range: $140,000-$175,000
Hours of Work: 8:30 a.m. – 5:00 p.m.
Grade: 20.3
Office Location: Toronto, ON Great 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 employment
The Opportunity:
The Assistant Vice President (AVP), Commercial Mortgage Funding provides strategic leadership and end-to-end oversight of the commercial mortgage funding function. This role is accountable for the performance, efficiency, and risk management of funding operations, ensuring seamless execution across the mortgage lifecycle.
The AVP leads the Funding department teams, drives team engagement, and oversees key departmental initiatives, ensuring alignment with organizational objectives and fostering a high-performing, collaborative culture. The role holds full accountability for funding execution, pipeline management, and reporting, ensuring accuracy, timeliness, and scalability to support business growth.
Working in close partnership with investors, internal stakeholders, and Finance, the AVP ensures alignment on funding strategy, capital deployment, reporting, and performance outcomes.
How you will contribute:
Key responsibilities include:
- Lead and oversee the Funding department teams, promoting strong team engagement, development, and a high-performance culture.
- Oversee all funding operations, including funding execution, pipeline management, and reporting, ensuring accuracy, efficiency, and risk mitigation.
- Manage and optimize the funding pipeline, ensuring effective prioritization, workflow management, and service delivery standards.
- Lead and execute departmental initiatives focused on process improvement, scalability, and operational efficiency.
- Partner with investors, stakeholders, and Finance to support funding strategy, capital execution, and reporting alignment.
- Act as a key liaison across underwriting, servicing, capital markets, and Finance to ensure seamless coordination and delivery.
- Establish, monitor, and drive accountability for departmental KPIs, ensuring continuous performance improvement and transparency.
- Provide oversight of reporting and analytics, delivering insights into pipeline performance, funding volumes, and operational metrics.
- Identify and implement opportunities to enhance processes, controls, and risk management within funding operations.
- Maintain, improve and ensure execution of Policies and Procedures for all departments.
- Build and manage education and training initiatives for new and existing employees
- Coordinate inter-department efficiencies are in place to ensure high quality loan underwriting and funding
- Manages and resolves escalations
- Provides ongoing feedback and coaching to team members
- Stays current with latest industry and market trends and competition
- Adhere to policies /procedures to ensure AML requirements are met, when applicable.
The 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 teams.
- Education: Bachelor's degree in finance, economics, commerce, law, accounting, or a related field.
- Language Requirements: English requirement. Bilingual in French is an asset in both verbal and written.
Relationships:
External Customers Senior management at other financial institutions, Investors, Auditors, Regulators, Brokers, Canada Mortgage Housing Corporation, Appraisers, Solicitors, and Commercial Customers/Borrowers
Internal Customers: Interdepartmental team members including Finance, and Capital Markets to ensure a fluid and transparent First National customer experience
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?
- Competitive 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 collaboration
- Supportive 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 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.
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 law.
First National supports requests for accommodation from applicants with disabilities; please contact Human Resources at
[email protected] should you need an accommodation at any point in the recruitment process.
#FNLOON
