Role: Senior Mortgage Administrator
Location: Sheppard Avenue
Contract Duration: Contract to Permanent
Description of Role:
To provide accurate and timely mortgage administration processing in a non-conforming lender operation that services $15-$20 million of assets in a multi lender, multi service environment.
The right candidate should enjoy working with a fast paced team in a small office. They may be required to document and test new system applications and the analysis of mortgage and lender activity.
The right candidate will have the ability to produce inventory post dated cheques for mortgage remittance for internal and external lender customers, follow up on missing orinaccurate cheques with mortgagor on Investor’s behalf and monitor Back End remittance obligations for paying and receiving lenders. They will also have the ability to apply mortgage payments accurately according to individual amortization statements by investor, produce board details of new and renewing mortgages, including property particulars, amortization reporting and syndicated lender particulars and review ,authorize and prepare discharge statements.
The candidate will also be responsible for posting discharges and provide Lender Reporting packages, as well as reconcile bank accounts, prepare cheques for all mortgage related expenses including items such as broker finder fees, commitment fees, property management companies, appraisers , etc. As well as prepare monthly investor remittance including relevant reporting on delinquency and assist with reconciliation and annual T5 preparation.
The candidate should posess a graduate degree from University or College with a finance, accounting or economics degree, posess an accounting desigation and have at least 3 plus years of working experience in mortgage or lender activity industry. Have strong working knowledge of Canadian GAAP and IFRS, strong computer skills and demonstrated proficiency in Excel and Word and excellent analytical and problem solving skills. this candidate will also have the ability to perform and prioritize multiple responsibilities and have excellent interpersonal and communication skills.
If you are interested in learning more about this position, please submit your resume for consideration.