Commercial Mortgage Coordinator, Commercial Finance Group (CFG)

Toronto - Canada

Monthly Salary: Not Disclosed

Posted on: 2 days ago

Vacancies: 1 Vacancy

Job Summary

Join a Challenger

Being a traditional bank just isnt our thing so we challenge ourselves to get creative in providing innovative banking solutions for Canadians.

How do we get there With a talented team of inquisitive and agile challengers that break through the status quo. So if youre passionate about redefining the future of bankingwhile having funthis could be your next big opportunity.

Our company continues to grow and today we serve more than 800000 customers acrossCanadathrough Equitable BankCanadasChallenger Bank and have been around for more than 50 years. Equitable Banks wholly-owned subsidiary Concentra Bank supports credit unions acrossCanadathat serve more than six million members. Together we have over$142 billionin combined assets under management and administration with a clear mandate to drive change in Canadian banking to enrich peoples customers have named our EQ Bank digital platform () one of the top banks in Canada on the Forbes Worlds Best Banks list since 2021.

The Work

The Commercial Mortgage Co-ordinator is responsible for maintaining and updating commercial mortgage files/pipeline report from receipt of deal through to the acknowledgement and funding stages by acting as a liaison between underwriting and funding ensuring compliance with the Companys established lending guidelines and requirements. Additional duties are also required including loan set-up in SIT reporting and special projects required by senior management providing the VP and Director Commercial with advanced administrative and clerical support and networking with clients brokers Lending Partners and other external business partners as well as staff within the Credit & Risk Management group and other internal departments.

The core parts of your role would be to:

On a daily basis the incumbent will assist with the timely and efficient processing of transactions by communicating with internal contacts (i.e. underwriters funders QA treasury) to obtain and review required documentation while also acting as a liaison between various groups within the department. The incumbent will scrutinize the contents of the files to ensure accurate transfer of information to our internal incumbent must also ensure that AML/QA requirements are dealt within a timely and accurate manner (35%).

On a daily basis the incumbent will update/maintain the departments pipeline report along with the set-up/update of loans in SIT to track and manage deal incumbent will work closely with the underwriters to follow for outstanding conditions (35%).

On a daily weekly monthly and quarterly basis the incumbent will be responsible for the preparation of specific reports on assigned categories as well as contributing to special projects required for the department/Company which will be relied upon by Senior Management (15%).

Ona daily basis the incumbent is responsible for time management of their work flow in order to meet prescribed deadlines (15%).

Lets Talk About You!

OSSD diploma post-secondary education is considered an asset

Have a minimum of 2 yearscommercial mortgage/administration experience

Extensive working knowledge of MS Office (Word Excel Outlook Power Point)

Strong analytical skills

Strong Organizational skills

Ability to handle multiple competing priorities

Excellenttime 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 self-starter and make sound decisions as efficiently as possible. Commercial mortgages can be complex in nature requiring in-depth reviews of documentation.

What we offer For full-time permanent roles

Competitive discretionary bonus

Market leading RRSP match program

Medical dental vision life and disability benefits

Employee Share Purchase Plan

Maternity/Parental top-up while you care for your little one

Generous vacation policy and personal days

Virtual events to connect with your fellow colleagues

Professional development and 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 2200-25 Ontario Street 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 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 barrier-free 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 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:

Join a ChallengerBeing a traditional bank just isnt our thing so we challenge ourselves to get creative in providing innovative banking solutions for Canadians. How do we get there With a talented team of inquisitive and agile challengers that break through the status quo. So if youre passionate abo...