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Loan Administrator (Fixed Term Contract)

Infrastructure Ontarioabout 19 hours ago
Toronto, ON
CA$66,400 - CA$89,800/annual
Mid Level
Full-Time
Contract

Top Benefits

Health, dental, vision, out-of-country care, paramedical services
Professional development support, covering up to two membership/ license fees
Virtual healthcare options for non-urgent medical needs

About the role

IO’s Loan Program is established to provide low-cost construction and long-term financing to certain eligible borrower sectors. Currently, the outstanding loan value of IO’s loan program is about $6.5 Billion, and supports billions in project value across the province of Ontario.

The bulk of IO’s loan portfolio consists of loans to municipalities across Ontario. The Loan Program also provides financing to other sectors, including not-for-profit affordable housing, not-for-profit long-term care providers, municipally owned local distribution and electricity generation providers, hospices etc. Our projects are evident in nearly every municipality across the province. Consider joining this team which plays an integral role in modernizing infrastructure in your community.

This position requires an individual who can manage the loan application process, short and long-term financing needs, banking transactions, internal/external requests for data, and operation of the loans systems.

For further information regarding IO’s loan program, please visit: https://www.infrastructureontario.ca/Infrastructure-Lending/

Job Purpose:
As part of the Infrastructure Ontario Lending team, this role will provide support and coordinate the loan administration responsibilities of the loan portfolio. Reporting to the Manager, the Loan Administrator, this position is a fantastic opportunity for a Loan Administrator to join IO’s Loan Program team.

What You Will Do:

  • Provide administrative support to the Loan Operations team, including: acting as backup for Loan Officers when they are temporarily away, lending document preparation and management, coordination of marketing events, client interaction and specific tasks and projects as assigned.
  • Respond to internal and external data requests, including audit summaries for loan information and produce reports for senior management/ministries regarding the status of the loan applications and cash flow activity.
  • Provide annual information statements, payment statements and interest accrual statements to clients as required.
  • Administer payments for IO’s loan portfolio.
  • Administer property tax payments as part of loan portfolio management duties.
  • Any other tasks and responsibilities as required.
  • This role is a key function in the Lending department and will provide a high level of administrative support to various teams based on the overall priorities and deliverables due at any given time.

What We Are Looking For:

  • Strong technical and analytical skills, including proficiency with Microsoft suites and other business tools.
  • The ability to learn new systems and processes quickly, with minimal supervision.
  • Strong organizational skills with the ability to work within tight deadlines.
  • Good communication skills and the ability to work collaboratively within a team.
  • Exceptional time management and prioritizations skills.
  • Good communication skills and the ability to work collaboratively within a team.
  • Previous experience in financial services and/or loan operations would be considered a strong asset.

What We Offer:

  • Commitment to creating a diverse, equitable and inclusive culture that promotes a sense of belonging and represents and reflects the needs of the communities we serve.
  • A comprehensive package that covers health, dental, vision, out-of-country care, paramedical services, and more.
  • Support for professional development opportunities for all colleagues through a broad range of learning programs that include in-person and online training, leadership development, and support for colleagues’ well-being. IO will also cover the costs associated with up to two membership and license fees per year for eligible colleagues if directly related to the employee’s role.
  • Access to a suite of virtual healthcare options to support non-urgent medical needs.
  • A convenient, central location at 1 Dundas St West, easily accessible by public transit.

This is a regular full time fixed term contract with an end date March 26, 2027.

We offer a competitive salary range of $66,400 to $89,800 (S3 level), pay will align with skills, knowledge and experience of the candidate.

This posting will close on Thursday June 4, 2026 at 11:59 pm.

Interviews will occur on a rolling basis until the role is filled.

Exact compensation may vary based on skills, knowledge and experience.

This posting is for a current active vacancy. We are actively recruiting to fill this position.

About Infrastructure Ontario

Construction