Senior Analyst, Commercial Financing

Posted Monday, December 22, 2025 at 5:00 AM | Expires Tuesday, January 6, 2026 at 4:59 AM

Reporting To:

Full-Time/Part
- Time:

Full-time

Posting Date:

December 22, 2025

Closing Date:

January 5, 2026

Hours of Work:

8:30 a.m. – 5:00 p.m.

Grade:

14.2

Toronto

Great location! Steps away from the main public transit station

Highly competitive compensation package which includes, base salary, bonus, benefits, and career advancement opportunities!

* Eligibility for benefits is dependent on the terms of employment

The Senior Analyst contributes to the production and development of the commercial mortgage portfolio by analyzing financial and supporting documents on incoming applications and ensuring information is consistent with internal, insurer and investor policies. The role is specific to CMHC, construction and conventional commercial real estate financing requests.

• Analyze financial information on commercial properties including rent rolls, operating statements and financial/net worth statements, to assist management in determining the appropriate loan size, terms, conditions and pricing
• Review third party reports including appraisal, phase I/II environmental reports and engineering reports, to determine compliance with investor requirements, product lending and guidelines and loan terms and conditions
• Review conditions and exception requests and prepare recommendations to credit/investors. Ensures that underwriting procedures are in force at all times and senior management authorizes any exceptions
• Prepare loan summary including financial analysis and credit documents to assist in the loan approval process
• Coordinate with Funder, Investor, Legal, and other third-party consultants to ensure loan conditions are met
• Coordinate with clients and prepare Letters of Interest and Commitment Letters along with managing information flow to ensure smooth loan transactions
• Develop and analyze construction/development pro-forma as of various multi-unit housing type projects
• Monitor on-going construction loan draws, cross-referencing budgets, and ensuring applicable undertakings are performed
• Monitor pending and approved loans and any corresponding fees which includes a review of any fees currently on deposit with First National
• Assist from time to time in preparation for prospect and existing client meetings
• Assist in training and mentorship of other team members
• Perform other duties as necessary to support the goals and objectives of the commercial mortgage division
• Adhere to policies/procedures to ensure AML requirements are met, when applicable.

• Experience in commercial real estate lending is a must
• Undergraduate Degree and/or MBA with focus in a Finance/ Real Estate related discipline
• 2-3 years’ experience in CMHC and construction financing required
• Minimum 5 years’ experience in a relative commercial real estate role

• 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.
• Supportive teamwork focused environment
• Extensive training programs to set our employees up for success
• Bright open concept office environment
• Large kitchens with a coffee and latte maker to enjoy at no cost
• Opportunities to give back to the communities and work through events focused on a variety of charities
• Ongoing social events throughout the year

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.

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 ac should you need an accommodation at any point in the recruitment process.