Residential Mortgage Funder Bilingual
Residential Mortgage Funder Bilingual
Posted on :
05-04-2025
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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 Residential Mortgage Funder is responsible for reviewing legal documents and taking loans through to funding. This includes following up for outstanding documents advising the Closing Service Provider of any amendments or changes required to complete the file and preparing mortgage advance cheques.
The Work !
- On a daily basis the incumbent will review legal documents in a timely and accurate manner. The incumbent must ensure that documents coincide with the underwriting documentation and the deals fund as per the approval. In addition the incumbent will conduct a light audit of each deal to ensure policy and guidelines are met. If a gap or inaccuracy (i.e. ratios out of line) is identified the incumbent will be required to work with the Single Family Residential Credit department to seek clarification and request additional information/documentation as required.
- On a daily basis the incumbent will complete all Funding activates (i.e. cut cheques) and all supporting steps (i.e. set up property tax accounts) including tasks unique to different deal types (i.e. Conventional and Collateral mortgages) in a timely manner 35.
- On a daily basis the incumbent will work directly with EQBs Closing Servicer Provider. Through efficiency the incumbent will be responsible for time management of their individual as well as overall team deal flow on order to meet prescribed deadlines all while maintaining positive attitude and strong working relationships. As part of the funding lifecycle the incumbent will communicate changes status updates and unique details to the Closing Servicer provider using their portal(35.
- AML Compliance and KYC are important in every financial organization. Therefore the incumbent daily will ensure every deal as well as their actions adhere to all applicable guidelines. In addition the incumbent is required to meet a 100 Quality Assurance and Compliance metrics each month 20.
- On a daily basis the incumbent will liaise with a variety of internal departments (i.e. Compliance Mortgage Servicing) to address any unique adhoc issues that may arise. In addition when required the incumbent will complete memos with supporting details for other departments (i.e. Accounting) to leverage for their tasks. In addition frequent communication with the Single Family Residential Credit department will be required to address credit related issues in a timely manner. Providing status updates (i.e. closing date changes) are also a key communication item in which the incumbent will be responsible for to ensure all parties with a vested interest in the deal are aware of where deals stand(10.
Lets Talk About You !
- Minimum of 1 2 years mortgage experience exposure to Prime and Alternative a benefit.
- Bilingual.
- Excellent attention to detail.
- Ability to thrive under pressure.
- Excellent time management skills.
- Familiarity with AML and Compliance practice.
- Strong written and communication skills.
- Demonstrated ability to use Microsoft Office (Word).
- Logical thinker with ability to multitask.
- Postsecondary education (diploma).
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
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!
Employment Type
Full-Time
Key Skills
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