Funding Specialist

Position: Funding Specialist

Reports to: Manager, Fulfillment & Funding

Company: Magenta Capital Corporation

Supervises: 0

Location: Toronto, Perth, or Kanata ON

Travels: 0%

About Magenta

Since 1994, Magenta has been one of Canada’s leading residential private Mortgage Investment Companies (MIC). Our purpose is to connect people with opportunities to build a better tomorrow. We manage a portfolio of primarily residential first mortgages secured by properties located in Ontario. As a leader in the alternative mortgage lending space, Magenta provides easy and reliable financing solutions for broker servicing the need of alternative borrowers. Magenta also provides personalized service and reliable income for investors who are looking for an investment that delivers attractive returns and generates wealth.​​

Magenta is a Great Place to Work certified company with a culture of innovation, inclusivity, empowerment. We offer a rewarding career opportunity that includes a competitive compensation package and remote-first work environment.

Magenta is positioned to leverage its track record, core competencies, and market position to seize opportunities in the alternative mortgage market. We are looking for curious and industrious professionals who want to make meaningful contributions and value personal growth and professional development.

A Message from our founder and CEO:

“If you believe that tomorrow matters,

If you and only you can define your tomorrows and write your own unique, epic life story,

If you want to be part of a dynamic team with that shared conviction,

If you want to be part of a great Canadian business success story,

If you want to be an owner and not just an employee,

Then we want to meet you”

~Gavin Marshall~

About your Role

As a member of the Funding Team, the Funding Specialist reviews legal documentation to ensure accuracy within the established guidelines, allowing mortgage loans to be funded on scheduled closing dates. The ideal candidate for this role is enthusiastic and has remarkable attention to detail and is someone who thrives in a fast-paced, entrepreneurial environment. This role is constantly evolving and we're always looking for great people! This is a great opportunity for someone looking to learn more about the mortgage industry.

What you’ll work on:

· Prepare and send solicitor instruction packages.

· Review legal mortgage documentation to ensure alignment with committed terms, regulatory requirements, and company policies.

· Escalate documentation issues or exceptions for review and approval.

· Build and maintain positive relationships with solicitors.

· Liaise with solicitors to collect all required closing documentation.

· Coordinate with team members to ensure timely release of mortgage funds.

· Create and maintain clear, complete, and accurate notes within the mortgage underwriting system.

· Prepare and send post-closing documents to the accounting team.

· Send Welcome Letters to borrowers once funding is complete.

· Assist with audits as required.

· Ensure the funding pipeline remains current and up to date.

· Respond to inquiries within established turnaround times.

· Deliver exceptional customer service consistently.

· Collaborate with the team and department to support continuous improvement of processes, workflows, and procedures.

· Assist with mortgage administration duties.

· Support management with ad-hoc requests, special projects, and new initiatives.

What you should have:

· Experience in the Financial Services sector, Mortgage Industry, or Legal field is preferred.

· Strong ability to build and maintain positive relationships both internally and externally.

· Commitment to delivering exceptional service.

· High attention to detail and accuracy.

· Strong conflict resolution skills.

· Excellent organizational and time-management skills, with a keen eye for detail.

· Ability to thrive under pressure in a high-volume, fast-paced environment with tight deadlines.

· Practical and thoughtful decision-making approach.

· Willingness to take risks, embrace mistakes, and learn from them.

· Proven ability to work independently and collaboratively within a team.

· Exceptional verbal and written communication skills in English.

· Strong critical thinking and problem-solving abilities.

What we offer you:

· The opportunity to be a key contributor to our unfolding success story.

· The opportunity to think outside the box – every day.

· Magenta’s Employee Share Purchase Plan (“ESPP”).

· Employer-paid benefits.

· Flexible Work Arrangements.

· Compensation commensurate with experience and qualifications.

· An entrepreneurial environment with the opportunity to collaborate across business functions.

If you are committed to tomorrow, please send your resume to hr@magentacapital.ca.

While we thank all candidates who apply, only those who best match the above criteria will be contacted.

We are committed to an inclusive, barrier free recruitment and selection process, and work environment in accordance with the Accessibility for Ontarians with Disabilities Act (AODA). We will be happy to assist applicants requesting accommodation at any stage of the hiring process.