Associate, Loan Funding and Administration

💰 ₹18,000 - ₹28,800 (Est.) 📍 Toronto 🕐 3 days ago

Job Description

STATUS:
Full-Time, Replacement Role
LOCATION:
Toronto, ON & Vancouver, BC
SALARY:
$50,000 to $75,000
REPORTS TO:
Vice President, Loan Funding and Administration
POSITION SUMMARY:
Where we commit to hire the best and support our people to be their best.

Founded in 2004, Cameron Stephens is a leading Canadian real estate investment firm with just under $3.6 billion in assets under administration (AUA). Cameron Stephens offers institutional and private investors strategic opportunities to invest in commercial real estate with consistent returns. The firm specializes in mortgage solutions through Cameron Stephens Mortgage Capital (CSMC) for developers across Canada. Established in 2021, Cameron Stephens Equity Capital (CSEC) provides equity opportunities for high-quality and strategically positioned developments.

Leveraging deep market expertise and strong industry partnerships, Cameron Stephens is recognized as a key player in Canada’s real estate investment landscape, delivering sustainable growth and financial success.

We manage capital on behalf of various partners, including banks, insurance companies, pension funds, family offices, credit unions, and individual investors.

We are seeking an Associate, Loan Funding and Administration, who will be responsible for managing the administrative and operational side of commercial mortgage closings including construction loans and progress draw funding. Working closely with legal counsel, borrowers, internal teams, and 3rd party consultants, the incumbent will ensure loans are funded accurately, securely, and on time. This is an ideal role for someone with a sharp eye for detail and a passion for process excellence in commercial real estate finance.

Key Responsibilities

Funding Readiness Review:
Review incoming funding packages to confirm alignment with the Commitment Letter, legal requirements, and internal approvals. Manage and maintain all syndicated loans reports including manual calculations of interest, skims, and share percentages calculation on all syndicated loans reports.
Legal & Documentation Coordination:
Liaise with internal and external legal counsel, title companies, and Relationship Managers to collect, review various documentation for corporate entities, legal, and Anti-Money Laundering to ensure risk and compliancy is protected and organize all documents required for closing. Coordinate issued Letters of Credit for Commercial Portfolio.
Construction Lending Support:
Manage the draw process for construction loans, including reviewing consultant reports, tracking budgets, verifying lien waivers, and coordinating disbursements. Assist with syndicated construction draws, for led and non-led syndication loans. This includes coordinating with internal and externals parties to ensure correct documentation, searches are in place prior to funding
Conditions Precedent & Closing Checklist:
Maintain and track satisfaction of all funding conditions, including insurance, registration, corporate certificates, and third-party deliverables. Liaise and interact with borrowers, lenders, brokers, insurers, external vendors, and other departments to follow up for documentation and respond appropriately to any information requests
Funding Execution:
Coordinate wire requests and ensure all internal sign-offs are secured prior to disbursement. Collaborate with treasury and accounting to release funds.
Post-Closing Compliance:
File all closing documents, update loan systems, and ensure completeness of records. Assist with post-closing checklists and audit requirements. Review, audit and track final reports for funded deals.
Process Improvement:
Contribute to the development and refinement of checklists, templates, and procedures to improve efficiency and reduce risk in the funding process.
Are you aligned with our Mission, Vision and Values?

Our Mission is to advance our client-first philosophy by managing investor capital with the highest levels of professionalism and integrity. We are dedicated to capital preservation while simultaneously forging long-term relationships with our real estate developer partners. We are committed to excellence in everything we do and building trust with all our stakeholders.

Our Vision is to be a leading force in the Commercial Real Estate industry, in the markets we serve across North America, known for disrupting the status quo and setting new standards of service and excellence. We aspire to make a significant impact on everyone we engage with—clients, investors, employees, and the communities we support—by consistently delivering unparalleled value and fostering meaningful change.

Our Values:

Authenticity: We are genuine, transparent, and honest. We build trust through open communication and consistent actions.
Urgency: We move with purpose and pace. We respond quickly and act decisively, knowing that speed matters in our business.
Intellectual Curiosity: We ask questions, challenge assumptions, and never stop learning. We seek out better ways to solve problems.
Loyalty: We are committed to our clients, our colleagues, and our company. We support one another and stick with our commitments.
Entrepreneurial Mindset: We take initiative, embrace accountability, and push beyond the expected. We think and act like owners.
Respectfully Confident: We know our strengths, lead through actions, and stay grounded. We let results speak for themselves.
What we believe our ideal candidate will possess:

2+ years in commercial real estate finance, loan operations, or legal administration
Experience with construction loans and progress draw administration is required
Familiarity with commercial mortgage documentation, closing processes, and conditions precedent
Exceptional attention to detail and organizational skills
Ability to manage multiple deals under tight timelines
Proficiency in Microsoft Excel and Word; experience with loan servicing systems is an asset
Strong communication skills and a proactive, team-oriented attitude
What we offer our people:

Competitive salary and bonus structure
Comprehensive medical benefits and Health Care Spending Account
Annual fitness allowance
RRSP matching program
Tuition Reimbursement Program
Professional development opportunities
Company wide team building events

At Cameron Stephens, we value the unique skills and experiences of each of our candidates; recognizing that each prospective employee contributes to our efforts to build a diverse and inclusive place to work. We are committed to being an equal opportunity employer and are happy to provide accommodations upon request at all stages of the recruitment process. Should you require any disability-related accommodation to support your participation in our recruitment process, please notify Human Resources at [email protected] or at (416)591-8787 and we will work with you to meet your accessibility needs.

The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of employees so classified. All employees may be required to perform duties outside of their normal responsibilities from time to time, as needed.

We thank all applicants for their interest in working at Cameron Stephens. Please note that only those evaluated as meeting the requirements of the role will be contacted about next steps in the recruitment process.
 

💡 Quick Summary

Seeking a career-building opportunity? The Associate, Loan Funding and Administration position is now open for candidates interested in the Real Estate sector. This role in Toronto offers a professional environment and growth potential.

Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Real Estate is a plus.

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Frequently Asked Questions

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The expected salary for Associate, Loan Funding and Administration in Toronto is ₹18,000 - ₹28,800 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, Associate, Loan Funding and Administration is an on-site position based in Toronto. Candidates must be able to commute or relocate to this location.
Basic communication skills, a proactive attitude, and the ability to work in a team are required for Associate, Loan Funding and Administration. Previous experience in Real Estate is a plus. Freshers may also apply depending on the employer's requirements.
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