Full-Time

Administrator

Commercial Mortgage Operations

Updated on 9/16/2026

CMLS

CMLS

201-500 employees

Technology-enabled mortgage lending and capital solutions

Compensation Overview

CA$50k - CA$70k/yr

Montreal, QC, Canada + 1 more

More locations: Vancouver, BC, Canada

In Person

Bachelor's

Category
Finance & Banking (1)
Required Skills
Microsoft Office
Financial analysis
Excel/Numbers/Sheets

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Requirements
  • Strong organizational skills and meticulous attention to detail.
  • Proficiency in analytical and numerical skills.
  • Intermediate to advanced Microsoft Office proficiency.
  • Professionalism, judgment, and integrity.
  • Strong administration and operations skills.
  • Ability to take ownership and accountability, meet tight deadlines, and handle sensitive or confidential information with discretion.
  • Excellent written and verbal communication skills in English and French.
  • An undergraduate degree or nearing completion in Real Estate, Business Administration, Mathematics, Accounting, Insurance, or Economics.
Responsibilities
  • Work closely with borrowers and external clients to secure documentation required for compliance with loan agreements, including collecting, verifying, and tracking financial and property data, property tax payments, insurance renewals, and loan security documents.
  • Facilitate the funding of mortgages originated through third-party clients and assist with administering construction advances.
  • Record post-funding transactions in the commercial loans management system, documenting and cross-referencing security and borrower details, payment terms, holdbacks, undertakings, and other relevant information.
  • Manage and execute follow-up tasks associated with the mortgage life-cycle process.
  • Calculate interest adjustments, prepayment penalties, monthly tax components, and interest accruals.
  • Oversee monthly remittances, reconcile trust accounts, and manage automated and manual reporting for internal and external clients.
  • Ensure correspondence to borrowers and lenders adheres to company policies.
  • Process post-closing lending-cycle transactions accurately according to team-function requirements.
  • Develop proficiency in other team functions to serve as a function floater, including Borrower Relations, Collections and Investor Relations, and Collateral Management.
  • Implement controls to safeguard the mortgage loan system's integrity and information accuracy.
  • Conduct peer checks within the team.
  • Attend team and department training sessions and meetings, and provide recommendations for enhanced practices.
  • Organize and manage physical and electronic client files and databases.
  • Manage internal and external client and customer relations to facilitate information requests.
  • Respond to routine data-collection requests and input data into spreadsheets, standard reports, and internal systems.
Desired Qualifications
  • Experience in the banking, credit union, or financial services industry.
  • Experience in construction loan operations.
  • Experience with loan funding.

CMLS provides capital solutions for property owners, developers, and real estate investors in Canada, offering mortgage financing and related services through a technology-enabled lending platform and managing over $38 billion in assets under administration. It underwrites, funds, and administers mortgage loans for banks, investment managers, insurers, and pension funds. It differentiates itself through scale, strong ties with major Canadian financial institutions, and a people-first, team-empowered culture within a technology-driven lending environment. Its goal is to build the Canadian mortgage ecosystem of the future by delivering practical, scalable mortgage solutions and supporting the success of its clients and its team.

Company Size

201-500

Company Stage

N/A

Total Funding

N/A

Headquarters

Vancouver, Canada

Founded

1974

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Simplify Jobs

Simplify's Take

What believers are saying

  • Nesto’s June 2026 CAD 302 million Series E funds AI-driven mortgage workflow upgrades.
  • Maple’s October 2025 investment through CMLS expands alternative lending distribution across Canada.
  • CMLS’s March 2026 portfolio report showed mortgage assets rising to $257 million.

What critics are saying

  • Integration into nesto makes CMLS’s standalone identity vanish if broker retention slips in 2026.
  • CMLS litigated a $10 million Ashcroft mortgage in 2026, exposing credit and enforcement risk.
  • Alternative lenders face tighter spreads and broker churn; Maple’s 2025 partnership intensifies competition.

What makes CMLS unique

  • CMLS built a nationwide broker network and commercial mortgage franchise before nesto’s 2024 acquisition.
  • CMLS still operates alongside nesto and Intellifi, preserving lender and broker relationships.
  • CMLS’s 2026 court victories show strong collateral enforcement discipline in stressed loans.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Health Savings Account/Flexible Spending Account

Mental Health Support

Paid Vacation

Paid Holidays

Parental Leave

Professional Development Budget

Training Programs

Company News

Canadian Business Journal
Oct 18th, 2025
Maple Financial Gains Investment from Nesto

Maple Financial, a leading alternative mortgage lender in Canada, announced a strategic equity investment from Nesto Group via its subsidiary CMLS. This partnership aims to enhance product development, expand distribution, and improve services for mortgage brokers across Canada. By leveraging Nesto's digital platform and CMLS's capabilities, Maple seeks to innovate in alternative lending and deliver superior Broker Relationship Management services.

BetaKit
Jun 21st, 2024
Nesto acquires mortgage-lending giant CMLS Group

Nesto acquires mortgage-lending giant CMLS Group.

BetaKit
Jun 21st, 2024
Nesto Acquires CMLS Group, $60B Mortgages

Montréal-based online mortgage lender Nesto has acquired Vancouver-based CMLS Group, the third-largest mortgage finance company in Canada, for an undisclosed amount. The combined entity will have over 1,000 employees across 10 offices and more than $60 billion in mortgages under administration. The deal was supported by investments from Diagram Ventures, Portage, NAventures, IGM Financial, BMO Capital Partners, Fonds de solidarité FTQ, and Fondaction. CMLS shareholders will have an equity stake in the combined entity.

Yahoo Finance
Jun 21st, 2024
nesto Acquires CMLS Group to Build Canada's Mortgage Ecosystem of the Future

nesto and CMLS Group join forces to build the Canadian Mortgage Ecosystem of the future

The Globe and Mail
Jun 21st, 2024
Nesto buys Canada's third-largest non-bank mortgage lender

CMLS first launched in 1974 with an office in Vancouver.