Securitization Officer

1 week ago


Toronto, Canada Home Trust Company Full time

Company Profile

Home Capital Group Inc., together with its operating subsidiary Home Trust Company, has developed a track record of success as Canada’s leading alternative lender, employing nearly 900 people in our Toronto headquarters and branches across the country. Building on the demonstrated strength of our core residential and commercial mortgage lending business, the Company and its affiliates also offer complementary lending services and competitive deposit investment products. Our culture has been shaped by the passion and integrity of our people. Home Trust is a wholly-owned subsidiary of Home Capital Group, trading on the TSX under the symbol HCG

Position Responsibilities

Risk Management and Compliance, in adhering to applicable compliance obligations, including Privacy, Anti-Money Laundering/Anti-Terrorist Financing and internal Anti-Fraud Policy requirements, must remain the over-arching focus in carrying out one’s responsibilities as outlined below:
Mortgage Backed Securities Issuance (60%)

Select eligible mortgages to issue MBS in accordance with the NHA MBS Guideline via Cognos report, SAP, Image System, HV and mortgage insurer’s portal
Prepare MBS issuance documents 2812, 2814, 2816, 2820, 2830, 2832, 2834 within the National Housing Act program and deliver them to the Computershare and CMHC punctually
Build and maintain MBS pool through SAP and Mortgage hub
Conduct mortgage data analysis for various purpose
Complete MBS month-end accounting report 2840 on time

Insurance Premium and Tax invoice Reconciliation and Bulk insurance (20%)

Reconcile mortgage insurers’ invoices for premium and tax payment
Review mortgage data for the bulk insurance submission and the data update in the mortgage servicing system

Treasury Reports (10%)

Collect market data and complete the monitoring reports on daily basis

Compliance with HTC and CMHC policies (10%)

Act in accordance with Home Trust’s core values, Code of Conduct and all internal policies and standards,
engages in the highest standard of business conduct and ethics
Act in a manner consistent with Home Trust’s risk taking philosophy, within risk appetite and in accordance with all risk management policies, standards and guidelines
Act in a manner consistent with CMHC guideline with all risk management policies, standards and guidelines
Act only within specifically delegated authority
Formal Education
Bachelor's degree required in Business, Economics, Finance or equivalent
Certification(s)/Designation(s) preferred in related area (CFA)
Related Experience
1-2 years related experience within NHA-MBS and CMHC CMB programs, mortgage insurance and Treasury areas
Mortgage underwriting experience

Skiils

Solution-focused and takes initiative to work effectively and efficiently within established guidelines
Strong organizational, time-management, analysis and attention to detail
Good interpersonal relationship building and listening skills
Proven ability to work both independently and collaboratively within a team environment
Excellent written / verbal communication and professional maturity
Able to multi-task and flourish in a fast-paced, deadline-driven work environment
Consistently demonstrates and reinforces organizational values
Fundamental knowledge of Basic Accounting Principles and Fixed Income
Strong knowledge of MS Office (especially excel)

**Skills**:Position Complexities
Bilingualism an asset
Some work beyond standard hours
Acknowledgement

All employees of Home Capital Group Inc. must comply with all applicable Home Capital Group Inc, Home Trust Company, and specific Line of Business policies, standards, guidelines and controls. Additionally, all employees are obligated to become familiar with Home’s risk management framework and understand the operational risk management requirements within their specific business. Employees are also expected to understand and comply with the Company’s Code of Business Conduct & Ethics Policy at all times and escalate any issues or concerns through various reporting channels (i.e. Ombudsman, Compliance Hotline, Whistleblower Policy, etc).



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