Securitization Analyst

Join a ChallengerBeing a traditional bank just isn’t 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. If you’re passionate about redefining the future of banking—while having fun—this could be your next big opportunity.Our company continues to grow, serving more than 670,000 people across Canada through Equitable Bank, Canada's Challenger Bank, and has been around for over 50 years. Equitable Bank's wholly-owned subsidiary, Concentra Bank, supports credit unions across Canada that serve more than six million members. Together, we have over $125 billion in assets under management and administration, with a clear mandate to drive change in Canadian banking and enrich people's lives. Our customers have named our EQ Bank digital platform (eqbank.ca) one of the top banks in Canada on the Forbes World's Best Banks list since 2021.The WorkThe Securitization Analyst will assist with the administration and reporting of the Bank’s securitization programs. Responsibilities include executing new securitization issuances, ongoing administration, preparing monthly investor reports, accounting, and financial analysis. The role requires strong interpersonal and communication skills, with the ability to interpret and analyze financial data.The Securitization Analyst will collaborate with internal teams such as Accounting, Capital Markets, Treasury, and external stakeholders including CMHC, Computershare, external auditors, and service providers. Strong organization and multi-tasking skills are essential. The individual should work independently, take initiative, and pay close attention to detail.The core parts of your role would be to:Administer, account for, report on, and analyze the Bank’s securitization activities.Account for the issue and settlement of new NHA MBS pools.Prepare monthly investor reports like CMHC 2840s and payments to CPTA.Understand and adhere to policies related to CMHC’s NHA MBS and CMB guidelines.Develop understanding of securitization profit calculations and accounting, ensuring compliance with standards.Contribute to the financial statement close process via monthly schedules.Assist with variance analysis of financial results and program profitability.Respond to accounting inquiries with ad hoc analyses for management decisions.Support compliance with government agencies and external auditors.Assist in new securitization initiatives by collaborating with stakeholders.Engage with other departments and external partners.Identify and implement process improvements.Internal interactions may include but are not limited to:Accounting, Capital Markets, Treasury, Lending, Compliance, IT, Financial Reporting, OperationsExternal interactions may include but are not limited to:Strategic partners, CMHC, Computershare, external auditors, CDSLet’s Talk About YouEducation: University/College degree in Business Administration/Commerce; CPA pursuit preferred.Experience: 3-5 years in accounting or financial reporting at a financial institution; securitization experience is an asset; strong technical skills including cash flow modeling; mortgage and securitization experience preferred; data management skills; process development experience.Attributes: Analytical, detail-oriented, excellent communication and interpersonal skills, organized, independent, proactive, proficient in MS Office and accounting systems.Job ComplexityQuick learner of mortgage securitization processes, understanding complex transactions, clear communicator, insightful.What we offer [Full-time roles]Competitive bonus, RRSP match, benefits, Employee Share Purchase Plan, parental leave top-up, vacation and personal days, virtual events, professional development, career growth, hybrid work model at 2200-25 Ontario Street, Toronto.Equitable Bank values inclusion and diversity. We support accommodations for applicants and require background and credit checks for hire. Only shortlisted candidates will be contacted.We look forward to meeting you #J-18808-Ljbffr