General Bank of Canada (“GBC”) is a Schedule I Chartered Bank headquartered in Edmonton, Alberta, and part of the Wheaton Group. Since our entrepreneurial beginnings in the 1950s, we’ve grown into one of Canada’s fastest-growing small banks, delivering innovative financing solutions across the automotive, aviation, and commercial sectors.
At GBC, our values of Trust, Discipline, People First, and Innovation shape everything we do. Our agile, forward-thinking approach allows us to design smarter, more responsive banking solutions for a rapidly evolving digital world.
We’re proud to be certified as a Great Place to Work for seven consecutive years, reflecting our commitment to a culture where people feel supported, empowered, and inspired to do their best work.
Giving back is part of who we are. Since 1969, our long-standing partnership with United Way has supported meaningful volunteerism, fundraising, and community initiatives that make a lasting difference.
When you join General Bank of Canada, you become part of a team that’s not only shaping the future of banking but also strengthening the communities we serve. And yes, we genuinely love it here, and we think you will too.
We’re looking for a permanent, full-time Commercial Funding Coordinator, Canada Mortgage and Housing Corporation (CMHC) to join our Commercial Services Group team and play an important role in our continued growth. At GBC, you won’t just fill a role; you’ll help build what’s next. This is a great opportunity to make a real impact, develop your skills, and grow your career in a dynamic, people-first environment.
The Commercial Funding Coordinator, CMHC supports the post-approval funding process for insured multi-unit residential mortgage transactions under the Canada Mortgage and Housing Corporation (CMHC) Multi-Unit Residential (MUR) financing programs. Working closely with the Bank’s third-party loan servicing agent and the Director, Business Lending Support, this position coordinates the satisfaction of security documentation requirements, pre-disbursement funding conditions, and Know Your Customer (KYC) and Anti-Money Laundering (AML) requirements to ensure loans are funded accurately, efficiently, and in compliance with regulatory standards.
This role is critical to ensuring a seamless transition from underwriting to disbursement and supports the Bank’s ongoing compliance with regulatory requirements applicable to Canadian Schedule 1 banks.
- Workplace Model: In-Office
- Location: Edmonton, Alberta
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Working Conditions: Office environment with the ability to work remotely if required.
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Salary Range: The salary range for this position is $55,081.00 to $74,523.00. Compensation is commensurate with qualifications.
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Deadline to Apply: Posted until filled.
Position Responsibilities
- Working closely with the Director, Business Lending Services and our Servicing Agent, coordinate the post-approval funding process for CMHC MUR insured mortgage transactions, ensuring a seamless handoff from underwriting to disbursement.
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Verify that all required security documents (e.g., mortgage instruments, general security agreements, assignment of rents, guarantees) are accurately prepared, executed, and registered prior to funding.
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Confirm satisfaction of all pre-disbursement conditions set out in the credit approval and CMHC commitment, escalating outstanding items to the Director, Business Lending Support as needed. Liaise closely with the third-party servicing agent to track, confirm, and follow up on outstanding pre-disbursement conditions.
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Verify completion of KYC/AML documentation and due diligence in accordance with the bank's Anti-Money Laundering policies and FINTRAC obligations prior to fund release.
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Maintain accurate and complete records in the loan origination system (LOS) for all funded transactions, in accordance with the bank's data governance standards.
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Identify and flag discrepancies, missing documentation, or unresolved conditions that could delay or jeopardize funding.
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Support internal audits, regulatory examinations, and quality assurance reviews of funded files.
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Maintain current knowledge of CMHC MUR program funding requirements, security documentation standards, and internal lending policy changes.
What You Bring to the Table
- Post-secondary diploma or degree in business administration, finance, commerce, accounting, legal administration, or a related field; an equivalent combination of education and relevant work experience will be considered.
- Minimum three (3) years of experience in commercial mortgage administration, commercial lending operations, loan servicing, banking operations, legal conveyancing, or a related financial services environment.
- Working knowledge of Canadian banking regulatory requirements, including KYC, AML, and FINTRAC obligations.
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Ability to interpret policies, procedures, and regulatory requirements and apply them consistently in a highly regulated environment.
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Exceptional organizational and time-management skills, with the ability to manage multiple transactions and competing priorities while maintaining a high degree of accuracy and attention to details
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Proficiency in Microsoft Office Suite, particularly Excel and Word, and experience working with loan origination, loan servicing, or document management systems
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Ability to successfully fulfill the pre-employment screening requirements, including criminal and credit checks, as well as employment references from individuals who can provide direct insights into your performance and effectiveness in previous roles.
- Experience with CMHC insured MUR lending or NHA mortgage insurance programs.
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Familiarity with third-party mortgage servicing arrangements.
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Paralegal background or experience working with legal or security documentation.
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Experience with a bank loan origination system (e.g., nCino, Temenos, or similar).
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Strong understanding of loan funding processes, conditions precedent, disbursement controls, and documentation requirements within a commercial lending environment.
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Demonstrated experience reviewing and coordinating commercial mortgage security documentation, loan closing packages, and funding requirements
What GBC Brings to the Table
At General Bank of Canada, we offer more than just a paycheque. We offer the opportunity to build your career and elevate it to new heights. Our compensation package includes base salary, group benefits, and a matched retirement savings plan program.
Our group benefits ensure you and your dependents are covered for extended health, dental, and vision care. We also provide flexible spending accounts, replenished annually, to help cover additional medical and wellness expenses.
Recognized as one of the Best Workplaces for Mental Wellness in 2025 and 2026, we take mental health seriously. That's why we offer extra coverage for mental health practitioners and a dynamic employee assistance program.
As an employee, you can expect more than just our competitive compensation package, comprehensive group benefits, and matched retirement savings plan. We also offer the following:
- Generous paid time off to promote healthy work-life harmony.
- A collaborative work environment where your voice and opinions are valued.
- Exclusive employee perks, including discounts for various products and services.
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Beautiful downtown office location with an onsite gym and the best rooftop patio.
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Engaging social events, offering unique experiences and opportunities to connect with colleagues, meet new people and enjoy some fun.
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Professional development and tuition support to help you advance your career.
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Welcoming teams that celebrate diversity and prioritize inclusion.
- Give back to your community. As a proud partner of the United Way, we offer numerous initiatives throughout the year for you to get involved and make a meaningful impact.
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Make an impact. Join one of our employee-led committees to develop leadership skills, expand your network and contribute to our strong corporate culture.
We invite you to apply directly through our Careers portal at generalbank.ca/careers. If you need assistance, you can contact us at
[email protected]. While we appreciate all applications, only candidates selected for further consideration will be contacted directly.
Diversity, Equity and Inclusion
At General Bank of Canada, we believe that diversity drives innovation and fosters a culture of inclusion. We are proud to be an equal-opportunity employer, dedicated to creating a welcoming and supportive environment for all employees. We are committed to building a diverse and inclusive workforce that mirrors the rich diversity of our communities and customers.
We believe that accessibility is a fundamental aspect of our commitment to diversity, equity, and inclusion. Our goal is to ensure that every candidate has an equal opportunity to succeed during the interview process, and we will work with candidates requiring accommodations. If you require an accommodation, please reach out to our HR team directly (
[email protected]).
We welcome and encourage applications from individuals of all backgrounds and abilities, including those who are underrepresented in the financial services industry. We do not discriminate based on race, colour, religion, sex, sexual orientation, gender identity, national origin, disability, or any other legally protected status.
To learn how we collect, use, and protect your personal information during the recruitment process, please review our Applicant Privacy Notice at the following link: https://www.generalbank.ca/careers/.
