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Nesto Group(e)

Funds mortgages and builds lending software

Senior Account Manager - Construction Finance

Retail & Commercial BankingUpdated on Nov 15
ContractToronto, ON, CanadaCA$144k /yrIn-person

About the Job

Requirements

  • Post-secondary education in business administration, accounting, finance, real estate, or a related field.
  • Five years of experience in construction finance and/or commercial underwriting.
  • Client-facing experience.
  • Ability to build strong relationships with external borrowers and developers and internal partners, using negotiation, presentation, and conflict-management skills.
  • Ability to manage multiple high-priority tasks simultaneously with ownership, commitment, discipline, and organizational skills.
  • Attention to detail and a results-driven approach to ensure accuracy and efficiency in underwriting and finance activities.
  • Passion for commercial real estate and complex financing projects.

Responsibilities

  • Lead the active management and sophisticated underwriting of high-impact ACLP lending opportunities, positioning projects for successful execution and funding.
  • Serve as the primary liaison, managing communications and interactions between the CMHC team and external borrowers and developers.
  • Prepare comprehensive credit submissions for recommendation to the CMLS Credit Committee and manage the fulfillment of all conditions precedent for loan funding.
  • Review, prepare, and validate construction loan draws to ensure adherence to budgets and Loan Commitment Letter requirements.
  • Provide procedural guidance to new ACLP applicants, and assist with portfolio management and credit reviews.

About the Company

Nesto Group(e)

Funds mortgages and builds lending software

Nesto Group(e) is a Canadian mortgage finance and technology group serving homebuyers, commercial borrowers and financial institutions. Its nesto and CMLS businesses arrange, fund and administer loans, from home purchases and renewals to financing for property owners and developers. Nesto Cloud builds software that takes lenders through applications, loan assessment and ongoing loan servicing, using automation to reduce manual document processing. The group also runs Compare Mortgages, where Canadians compare products and rates from lenders and brokers before choosing financing. Its operating roots date to nesto's founding in 2018, and its businesses work across Canada.

Company size
Not listed
Company stage
Not listed
Total funding
Not listed
Headquarters
Montreal, Canada
Founded
2018

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