At KV Capital, we have established ourselves as industry leaders in real estate debt and investment, driven by our unwavering commitment to excellent, trusted partnerships, and innovating solutions. Since our founding in 2006, we have expanded our business across three connected areas of service: real estate private equity, real estate lending, and private equity investments in real estate supply chain businesses. Managing a robust portfolio of +$1.8 billion in funded investments, accompanied by +$1 billion in assets under management, our dedicated team of finance experts is driven by a shared goal to cultivate prosperity for our clients, investment partners, and communities. We have office locations in Edmonton, Calgary, and Toronto, and continue to expand our reach nationally.

Since its inception, our Real Estate Debt division has funded and/or advised on $2.5B+ of commercial deals. We provide financing solutions for land, subdivision financing, multi-family, retail, industrial, office, hospitality, mixed-use properties, and specialty financing, such as equity and structured finance deals.

Role Summary

Reporting to the Vice President, Investment Management, the Associate Director, Funding is responsible for the oversight and execution of the Funding function within the Real Estate Debt division. This includes reviewing and approving conditions precedent, reviewing initial loan fundings and construction progress advances, and coordinating the loan funding process with internal and external stakeholders. The Associate Director, Funding has primary responsibility for credit and transactional oversight of the advances that KV Capital funds towards approved investments. The Associate Director,



Funding ensures all funding activity is accurately reflected in KV Capital’s systems and investor reporting, and leads continuous improvement in funding controls, processes, and technology.

Responsibilities

Loan Funding & Coordination

- Oversee and perform the final review of conditions precedent prior to initial advances for new mortgage loan investments. This includes title, security documents, insurance, appraisals, environmental and geotechnical reports, cost consultant reports, and equity verification.
- Review and approve construction progress advance requests within delegated authority. This includes quantity surveyor and cost consultant reports, cost-to-complete recalculations, holdback review, lien searches, and title sub-searches. Loan program "exception" requests and higher-risk advance requests are escalated to the Vice President, Investment Management, where necessary.
- Oversee team members responsible for instructing external solicitors, reviewing solicitor reports, and coordinating funding with borrowers, brokers, legal counsel, consultants, and syndicate and institutional partners.
- Ensure fundings are executed in accordance with participation, syndication, servicing, and interlender agreements, including timely partner approvals, funding notices, and pro rata advances.
- Review funding packages issued to investors, including KV Mortgage Fund, for accuracy and completeness.




- Ensure all loan advances are accurately recorded in the system, enabling proper calculation of LTV, LTC, interest reserves, and remaining commitments.
- Work with the Capital Markets and Corporate teams to forecast funding requirements and committed undrawn balances for liquidity planning.
- Monitor commitment letter conditions and ongoing covenants throughout the funding period, and flag defaults, budget overruns, or adverse changes in project status.

Builder Lines of Credit (BLOC)

- Oversee the credit and transactional administration of the BLOC portfolio from approval through renewal and repayment.
- Review underwrites prepared by Origination and Investment Management for current BLOC facilities and renewals. Reviews cover:
- Builder track record, experience, and capacity;
- Corporate financial statements, tax filings, and work-in-progress schedules;
- Guarantor net worth, liquidity, and contingent liabilities;
- Inventory levels, absorption, and sales history; and
- Market conditions in the builder's target geographies and product types.
- Review and approve requests to add projects, lots, or units to existing facilities. Each request is assessed against facility terms, including eligible product types and geographies, per-unit and aggregate sub-limits, spec-to-presale ratios, LTV/LTC, budget reasonability, permits, and title.
- Review BLOC draw requests against unit-level budgets, cost-to-complete, and margin or borrowing base requirements.
- Monitor ongoing facility compliance, including aggregate limits, speculative unit limits, unit aging and maximum hold periods, concentration limits, and reporting covenants. Recommend curtailments, paydown

📌 Associate Director, Funding (Edmonton)
🏢 KV Capital
📍 Edmonton