Daily, the incumbent will obtain, and review required documentation with a strong emphasis on anti-money laundering (AML) and anti-terrorist financing (ATF) requirements, including but not limited to, income, down payment verification and client interviews. The incumbent will ensure that documentation adheres to corporate guidelines and will mitigate any concerns surrounding suspected misrepresentation when required. (35%)
On a daily basis, the incumbent will strive to ensure that mortgage files are in compliance with the Company’s established lending policies and procedures as well as ensuring that legal, AML, and ATF requirements have been satisfied. (35%)
On a daily basis, the incumbent is responsible for time management of their deal flow in order to meet prescribed deadlines. Day-to-day the incumbent will make diligent use of reports to track and manage the flow of all deals funding for their team. (15%)
Daily, the incumbent will communicate with internal contacts (underwriters, managers, administrators and mortgage sales staff) and external contacts (mortgage brokers and clients) to ensure transactions are processed in a timely and efficient manner in order to meet tight deadlines. The incumbent will provide the highest level of internal and external customer service while fielding mortgage brokers and client inquiries. (10%)
On a daily basis, the incumbent will monitor changes to deals and update files as required. The incumbent must send correspondence to the appropriate parties apprising them of changes. The incumbent must also ensure that Quality Assurance requirements and Compliance review queries are dealt with in a timely and accurate manner. (5%)
Completion of a post-secondary degree preferably in the financial field.
1-2 years’ mortgage experience in the alternative mortgage market.
Sound thinker with the ability to multi-task; ability to handle multiple competing priorities.
Excellent attention to detail.
Ability to grasp AML & ATF practices.
Established and meticulous organizational skills.
Excellent time management, analytical, and problem-solving skills.
Ability to make complex decisions under pressure.
Proven ability to thrive in a constantly changing environment and to perform well in a high volume, high intensity environment.
Highly developed verbal and written communication skills with the ability to respond in a clear, concise, and professional manner.
Committed to providing superb customer service.
Proficiency in MS Office (mainly MS Word and Excel).
Detailed knowledge of mortgage funding and quality assurance processes.
Ability to comprehend and assess documentation relating to mortgage down payment and borrower income confirmation.
Mindful awareness of fraud risk in the mortgage industry and the ability to address concerns relating to suspected misrepresentation when required.
Based on 2,548 disclosed Finance salaries on RoleSuite, the role pays a median of $117K/year, with most offers between $89K and $159K (10th–90th percentile: $70K–$200K).
See the full Finance salary breakdown →