Join our fast-growing, enthusiastic team of young go-getters in a highly successful finance business. Where our passion is driven by a common purpose--to disrupt and change the $76 billion-dollar asset-based lending industry.
For over 30 years, Econolease has led North America in restaurant equipment financing. Through leasing, renting, business loans, 0% financing and payment processing, we work with more than 3,000 restaurant owners each year, helping them achieve their goals throughout Canada, the U.S., and Australia.
With our new digital platforms, owners and operators can now apply online, confirm their pricing terms, sign their contracts, and view previous leases.
This role isn't about being one spoke in a big wheel. It's an opportunity to be a major part of a tight sales team. We're looking for drive, passion, motivation, and enthusiasm. Never satisfied with the status-quo, Econolease has made dynamic shifts in the lending space already with an ambitious and calculated path ahead to render the legacy parts of our business obsolete. This is a growth opportunity for our company and for the right candidate - will that be you?
Summary:
The Senior Funding Analyst works within the Funding team and is responsible for managing complex funding submissions, ensuring exceptional accuracy, and driving operational excellence across the fulfillment process. This role supports the Funding Team Lead and Funding Manager through advanced problem-solving, process improvement leadership, and cross-departmental collaboration. The Senior Funding Analyst acts as a resource and mentor for other Funding Analysts, contributes to strategic initiatives, and plays a critical role in ensuring efficient, compliant, and scalable funding operations as the business grows.
Key Responsibilities:
Data entry
Funding Operations
Documentation creation and review
Review lease and rental documentation packages to ensure compliance with company policies, legal requirements, and industry standards
Process funding requests accurately and in a timely manner
Verify critical details, such as customer information, payment terms, and supporting documents, to ensure proper execution of contracts
Documentation and Quality Assurance
Identify and escalate discrepancies or deficiencies in contract documentation to the Team Lead or Funding Manager
Collaborate with internal departments such as Credit/Risk, Sales, Operations, and Accounting to resolve issues and obtain missing documentation
Maintain accurate and organized records of funded contracts and supporting materials
Compliance and Risk Management
Ensure adherence to internal policies and external regulatory requirements during the audit and funding process
Flag potential risks or compliance issues to the Team Lead or Funding Manager for review and resolution
Participate in periodic audits or reviews to validate process integrity
Process Improvement
Contribute ideas and feedback to enhance funding workflows and reduce processing times
Participate in team discussions on improving accuracy, efficiency, and customer and stakeholder satisfaction
Stay informed of policy or regulatory changes and adapt processes accordingly
Team Collaboration and Communication
Communicate with the Credit/Risk team, Sales Team, and Operations Team about funding submissions
Identify deficiencies in contracts and provide solutions to the broker team
Qualifications/Experience:
Bachelor's degree in finance, accounting, business administration, or a related field
1-3 years of experience in funding, financial operations, or contract administration, preferably in leasing or financial services
Experience with funding systems is an asset
Other Requirements:
3+ years of funding, contract administration, financial services, or asset-based lending experience
Advanced understanding of lease, rental, and finance agreement structures
Demonstrated ability to independently manage complex or high-volume workloads
Strong communication skills (written and verbal) with ability to explain complex deficiencies clearly
Proficiency in creating documentation, reference materials, and training resources
Bilingual (English/French) considered an asset
Experience handling U.S. contract documentation or cross-border lending processes (if applicable for the role)
What we offer:
Casual dress
Corporate fitness program
Comprehensive benefits package
Competitive compensation package with a discretionary bonus
Social company gatherings
A fun and enriching work environment geared towards personal and professional growth
Compensation:
$54,00 base per annum
Comprehensive Benefits Package
Discretionary Annual Bonus
At Econolease, diversity is a cornerstone of innovation and success. We are committed to fostering an inclusive environment where individuals from all backgrounds, experiences, and perspectives are valued, supported and empowered. Embracing our differences enriches our workplace culture and enhances our ability to serve our diverse clients and communities. Together, we strive to create a space where everyone can thrive and contribute to their fullest potential.
If this sounds like a role that interests you, we would love to hear from you!
To learn more, please check out our website.
Job Types: Full-time, Permanent
Pay: $54,000.00-$59,000.00 per year
Work Location: Hybrid remote in Scarborough, ON M1R 4G2
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