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Manager, Mortgage Operations

MarshallZehr Group Inc.

MarshallZehr Group Inc.

Operations
Waterloo, ON, Canada
CAD 100k-120k / year
Posted on Jan 7, 2026

Manager, Mortgage Operations

Who is MarshallZehr?
MarshallZehr Group Inc (“MZ”) provides customized construction and development financial solutions for high-performing real estate developers. Since 2008, MarshallZehr has grown to become one of Canada’s most trusted real estate capital partners. We add value beyond capital – our team’s decades of experience help deliver the strategic insight and vision necessary to craft tailored financial solutions, all backed by our industry recognized mortgage administration services.
The Opportunity
We are looking for a Manager, Mortgage Operations to support MZ’s Mortgage Operations group and the day to day management of MZ’s loan portfolio. The Manager will be responsible for updating MZ’s cashflow forecasting tools, assisting in the completion of project loan advances, review and tracking of mortgage discharges, lender correspondence, and supporting with compliance management. This position is a replacement vacancy.
The Role
Project Evaluation and Underwriting
  • Obtaining and evaluating Borrower project specific financing information (i.e. budget, anticipated cashflows, valuations, Borrower credit status, capital structure, security, sales, market, cost comparables, overall risk profile, etc.) with sophisticated financial models/databases for prospective project/financing opportunities. This also includes providing in-depth research materials to support market conditions and potential legislative/regulatory changes impacting potential or existing projects.
  • Evaluating and verifying project analysis provided by the analyst team for presentation and recommendation to Senior Management.
  • Communicate with the Borrower and Lender stakeholders/clients to outline project strengths and weakness and respond to questions as necessary.
  • Review loan documents.
  • Aid in the execution of the financing transaction closings as required.
Project Monitoring/Loan Compliance
  • Lead the progress funding function by working with the Borrower and Cost Consultants to complete progress advances of development/construction loans.
  • Assist team in ongoing monitoring of project performance against loan agreements, budget, timelines and key metrics.
  • Assist in the development and maintenance processes to identify or forecast potential issues, highlight and solve these concerns with the Business Development and Senior Management teams.
  • Continue to evaluate options which would create value for either the Borrower or Lender through reduced costs or improved risk mitigation.
Reporting
  • Provide regular project reporting re. anticipated transaction closings and fundings and repayments, stage of completion, loan compliance, and other analysis as required for the purpose of forecasting Treasury requirements.
  • Assemble due diligence materials and professional marketing materials for presentation to prospective Lender clients.
  • Assist with Accounting and Financial Reporting for the MarshallZehr related entities as required.
What Are We Looking For?
  • Excellent oral and written communication skills with the ability to effectively communicate across all levels within, as well as outside the organization
  • Strong analytical skills including proficiency in Excel modelling
  • Excellent time management skills
  • Post Secondary Degree in the following is an asset:
  • Commerce/Finance/Economics
  • Business Administration
  • Urban Planning & Development
  • Will be required to obtain mortgage agent license with FSRA (paid for by MarshallZehr)
  • Experience in Commercial Lending, Asset Management, Real Estate Development, Underwriting, or Cost Consulting/Project Monitoring an asset
  • Valid G2/G driver’s license
What MZ Offers
  • Opportunities for career development and advancement as the organization grows.
  • Employer paid benefits, including medical, dental, and a health care spending account.
  • RRSP matching program.
  • Paid vacation and company floater holidays.
  • Creative Social Committee that organizes regular team building events.
  • Free on-site parking.
Work Environment
  • MZ offices are open Monday to Friday and employees are expected to work on site a minimum of 4 days per week, with the option of working remotely 1 day per week, as agreed to by the direct supervisor.
  • Our Waterloo office has 16,000 square feet of modern and accessible space and has been specially updated and tailored to meet our business needs. The result is a world-class workspace that empowers deep collaboration, reinforces business operations with state-of-the-art technology infrastructure, and offers more space to enable our sustained team expansion. We also have a satellite office in downtown Toronto, available for business meetings.
Salary Range
$100,000-$120,000 annually, based on experience and education, with bonus incentive.
Interested individuals can apply directly by visiting www.marshallzehr.com/careers
AI may be used during MZ’s hiring process to screen, assess, or select applicants.
Accommodations are available during all stages of the recruitment process in accordance with the Human Rights Code and the Accessibility for Ontarians with Disabilities Act (AODA), to provide an inclusive, barrier free workplace. We will accommodate the accessibility needs of individuals with disabilities to support participation in all aspects of the recruitment process. Should you require this accommodation, please contact careers@marshallzehr.com.