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Mortgage Administrator - Commercial Mortgages Portfolio (Closed)

Our client, a growing Bay Street firm with an incredible track record, is looking to add to it's Commercial Mortgage Administration team. This role will be highly visible to senior management and provide ample opportunity for growth.

About the Opportunity

• Routine servicing administration for Canadian commercial mortgage portfolios
• Accurate entry of loans in servicing software in accordance with parameters outlined in loan documents
• Reconciling anticipated monthly mortgage payments and ensuring deposits are made accurately and timely and communicating same to team in order to continually re-enforce the importance of risk management
• Monitor active trust accounts and reconcile to the servicing system on a weekly and monthly basis
• Corresponding with borrowers, investors and Master Servicers regarding commercial mortgage portfolio
• Analyzing supporting documentation and processing reserve disbursements
• Receiving paid tax statements from borrowers in accordance with set timelines
• Analyzing realty tax obligations and processing tax payments for applicable loans
• Monitoring insurance policies for properties to ensuring adequate coverage is in place
• Analyzing financials, rent rolls and operating statements and entering into servicing system
• Reviewing documents for loan covenants, reporting requirements, etc. for all loans in portfolio and entering into servicing system
• Assisting with annual site inspections for all loans in portfolio

About You

• 2+ years of related experience (commercial or residential mortgage servicing or loan closing)
• An energetic, self-starter who is disciplined, quality conscious, with rigorous attention to detail
• Committed to learning and taking ownership of assigned responsibilities
• Works well in a team environment
• Strong knowledge of and ability to work in Microsoft Office
• Intermediate Excel skills (Vlookup, formulas, etc) are desirable
• Good communication skills; both written and verbal
• Strong analytical and problem-solving skills
• Ability to work in a fast paced, deadline-oriented environment
• Basic accounting knowledge

Salary

$70,000/year

How to Apply

Click the “Apply Now” button and follow the instructions to submit your resume. Please note that we only accept documents in MS Word or Rich Text formats. When referencing this job, quote #30361.

You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client’s requirements for this role.