Commercial Mortgage Administrator, Mortgage Operations
Commercial Mortgage Administrator, Mortgage Operations
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Job Description
Vancouver BC
Salary Range:$50000 - $70000/yr
CMLS Financial a leading commercial lender in Canada is dedicated to expanding our award-winning Operations team. If youre looking for an entry point into the financial services industry we have the flexibility to match your unique skills and strengths to the teams evolving needs. Join our high-performance group of specialists account managers and analysts specializing in borrower relations payments property tax insurance post-funding account management and securitizations. You will be supported in your training and development journey as we are committed to nurturing your career growth.
About the role:
As a Commercial Mortgage Operations Administrator you will play a pivotal role in managing the full life cycle of a mortgage portfolio. Your responsibilities encompass overseeing end-to-end Commercial Servicing post-funding administration responsibilities which can include a variation of the following:
- Work closely with borrower and other external clients to secure requisite documentation for compliance against their loan agreement including collecting verifying and tracking financial and property data property tax payments insurance renewals and loan security documents.
- Facilitate the funding of mortgages originated through our third-party clients and aiding in the administration of construction advances
- Accurately record post-funding transactions in the commercial loans management system ensuring security & borrower details payment terms holdbacks undertakings and other relevant information are properly documented and cross referenced with source materials
- Manage and execute follow-up tasks associated with the mortgage life-cycle process
- Calculate interest adjustments prepayment penalties monthly tax components or interest accruals
- Oversee monthly remittances reconcile trust accounts and manage both automated and manual reporting for internal and external clients
Your duties will also entail:
- Ensuring correspondence to borrowers and lenders adheres to company policies.
- Accurate processing of post-closing lending cycle transactions according to team function requirements.
- Developing a proficiency in other team functions to serve as a function floater such as Borrower Relations Collections & Investor Relations and Collateral Management.
- Implementing controls to safeguard the mortgage loan systems integrity and information accuracy.
- Conducting peer checks within the team.
- Attending team and department trainings and meetings providing recommendations for enhanced practices.
- Effective document management including physical and electronic file organization related to client files and databases.
- Managing client and customer relations both internal and external to facilitate information requests.
- Responding to routine data collection requests inputting data into spreadsheets standard reports and internal systems
This role is for you if you are:
- Results-driven with strong organizational skills and meticulous attention to detail.
- Proficient in analytical and numerical skills.
- Intermediate to advanced Microsoft Office user.
- Demonstrates professionalism judgment and integrity.
- Passion for real estate lending business.
- Self-motivated process-oriented and possesses strong administration and operation skills.
- Ownership and accountability for work ability to meet tight deadlines and handle sensitive or confidential information with discretion.
- Excellent written and verbal communication skills.
- Undergraduate degree or nearing completion in Real Estate Business Administration Math Accounting Insurance or Economics.
- Experience in the banking credit union or financial services industry is an asset
- Health and Wellness Spending Accounts
- Health Drug Vision and Dental benefits
- Paid vacation sick days and personal days (in addition to all civil and statutory holidays)
- RRSP Matching Program
- Maternity / Parental Leave Top Up Program
- Discounted gym memberships
- Travel assistance and EAP
- Company social events sport teams
- Hybrid work arrangements and telecommuting opportunities
- And more!
Who are we
Established in 1974 CMLS Financial is the leading provider of capital solutions for commercial property owners developers and real estate investors. We have over 50 years of experience 30000 clients $45 billion in assets under administration and offices coast to coast. Some of Canadas most prominent banks investment managers insurance companies and pension funds rely on CMLS Financial for a variety of critically important services. Building on our solid foundation of financial strength and experience we continue to deliver unparalleled capital solutions for all our clients needs.
You will love working here
Employees tell us that they love that we strike the balance in creating an incredibly professional yet dynamic and enjoyable corporate culture. We work in a fluid and fast-paced environment that is supportive of energetic and motivated individuals who pride themselves on being flexible and results-driven. Business is booming and that means that our employees are able to gain valuable exposure have lots of learning opportunities and truly impact the business. We are committed to providing our people with a challenging and rewarding career because our employees are what set us apart and we know it.
Equal Opportunity Employer
CMLS Financial is an equal opportunity employer committed to diversity and inclusion. We are pleased to consider all qualified applicants for employment without regard to race color religion sex sexual orientation gender identity national origin age disability protected veterans status Aboriginal/Native American status or any other legally-protected factors. Disability-related accommodations are available on request for candidates taking part in all aspects of the selection process.
We want to hear from you!
If you are confident that you would be a strong asset to our team submit both a cover letter and resume today! We thank all applicants for their time in applying however we will only contact those selected for an interview.
Required Experience:
Unclear Seniority
Employment Type
Full-Time
