Commercial Mortgage Coordinator CMHC Portfolio Management
Commercial Mortgage Coordinator CMHC Portfolio Management
Posted on :
15-03-2025
Employer Active
1 Vacancy
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Job Description
Join a Challenger
Being a traditional bank just isnt our thing. We are big believers in innovating the banking experience because we believe Canadians deserve better options and we challenge ourselves and our teams to creatively transform whats possible in banking. Our team is made up of inquisitive and agile minds that find smarter ways of doing things. If youre not afraid of taking on big challenges and redefining the future you belong with us. Youll get to work with people who will encourage you to reach new heights. We like to keep things fun ask questions and learn together.
We are a big (and growing! family. Overall we serve more than 670000 people acrossCanadathrough Equitable BankCanadasChallenger Bank and have been around for more than 50 years. Equitable Banks whollyowned subsidiary Concentra Bank supports credit unions acrossCanadathat serve more than six million members. Together we have over$125 billionin combined assets under management and administration with a clear mandate to drive change in Canadian banking to enrich peoples lives. Our customers have named our EQ Bank digital platform eqbank one of the top banks in Canada on the Forbes Worlds Best Banks list since 2021.
The Work
The Commercial Mortgage Coordinator is responsible for the daytoday maintenance of a variety of commercial mortgage pipelines and reports which are designed to track loan request loan securitization pools and loan maturities. Duties include preparing daily weekly and monthly management reports contacting Lending Partners to follow up on and administering renewals and loan extensions on SIT. Additional duties include loan setup in SIT renewal and extension processing in SIT and special projects required by management. These duties will involve liaising with Lending Partners as well as staff within the Credit & Risk Management group and other internal departments.
The core parts of your role would be to:
- 30 On a daily basis the incumbent will be responsible for maintaining the currency of all departmental pipeline reports. The incumbent will be responsible for the preparation of specific departmental pipeline reports that will be relied upon by Management. This entails regular communication and followup with Lending Partners and various internal colleagues to ensure that timely status updates on securitization pools and loan maturities are recorded.
- 30 On a daily basis the incumbent is responsible for processing loan maturities extensions and renewals as well on SIT on a timely basis to meet the requirements of securitization and origination timelines. The incumbent will ensure that all conditions precedent to renewal are met which entails followup with Lending Partners to ensure that all required documentation is received and that all renewing mortgages meet EQBs AML guidelines and standards.
- 20 On an ongoing basis the incumbent is responsible for review and recommendation for updates and enhancements to all pipelines and other reporting tools. This includes designing and formatting Cyberquery and Excelbased reports.
- 10 On a daily basis the incumbent will assist other members of the underwriting team with input and setup of new credit risk analyses.
- 10 On a daily basis the incumbent is responsible for time management of their work flow in order to meet prescribed deadlines.
Lets Talk About You!
- Postsecondary education and/or equivalent working experience preferably in business or finance is required
- Minimum 12 years experience in financial services
- Experience in management reporting is considered an asset
- Strong working knowledge of MS Office (Word Outlook PowerPoint)
- Extensive working knowledge of Excel and Cyberquery. Proficiency with Excel macros is considered an asset
- Strong analytical skills
- Strong organizational skills
- Ability to handle multiple competing priorities
- Excellent time management skills
- Highly developed verbal and written communication skills with the ability to respond in a clear concise and professional manner
Job Complexities / Thinking Challenges
- The position requires the incumbent to be a selfstarter and make sound decisions as efficiently as possible. Commercial mortgages can be complex in nature requiring indepth reviews of documentation.
#LIHybrid
What we offer For fulltime permanent roles
Competitive discretionary bonus
Market leading RRSP match program
Medical dental vision life and disability benefits
Employee Share Purchase Plan
Maternity/Parental topup while you care for your little one
Generous vacation policy and personal days
Virtual events to connect with your fellow colleagues
Annual professional development allowance and a comprehensive Career Development program
A fulfilling opportunity to join one of the top FinTechs and help create a new kind of banking experience
The incumbent will be working hybrid and in office time will be spent working from Equitable Banks additional office space located at 351 King Street East Toronto ON.
Equitable Bank is deeply committed to inclusion. Our organization is stronger and our employees thrive when we honour and celebrate everyones diverse experiences and perspectives. In tandem with that commitment we support and encourage our staff to grow not just in their career path but personally as well.
We commit to providing a barrierfree recruitment process and work environment for all applicants. Please let us know of any accommodations needed so that you can bring your best self to the application process and beyond.All candidates considered for hire must successfully pass a criminal background check and credit check to qualify for hire. While we appreciate your interest in applying an Equitable recruiter will only contact leading candidates whose skills and qualifications closely match the requirements of the position.
We cant wait to get to know you!
Required Experience:
IC
Employment Type
Full-Time
Key Skills
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