Team Lead Mortgage Loan Originations

3 months ago


Toronto, Canada HomeEquity Bank Full time

WHO WE ARE
HomeEquity Bank is a Schedule 1 Canadian chartered bank and the leading national provider of reverse mortgages, with a growing portfolio. As the only bank solely dedicated to serving homeowners 55 and up, we’re passionate about helping Canadian homeowners live retirement on their terms. We live that commitment every day, with a range of reverse mortgage solutions that include our flagship CHIP Reverse Mortgage product.
Our Values, Our Passion
At HomeEquity Bank, our values drive and inspire our actions with our customers, our partners and each other.
Customer-Focused. Passionate Advocates
Courage to Act. Do the Right Thing
One Team. One Vision
Think Long-Term. Ever-Evolving
Be Exceptional. Inspire Greatness
***:
In addition to providing relief for the Team, the Team Lead is also responsible for setting targets, training and coaching of the Mortgage Loan Origination team to achieve and exceed those set targets. The Team Lead will also be responsible for pipe management. As a result of these responsibilities and experience of the individual, this role will be a critical contributor for Learning and Development within the team and act as a Subject Matter Expert (SME) for any IT initiatives.
It is critical that the Team Lead has a collaborative relationship with the Bank’s other departments, particularly the Sales Team. As the day-to-day face of the Mortgage Originations Department, Team Lead must lead by example and ensure healthy, effective relationships within the Bank are fostered. At the same time, it is equally critical that the Team Lead maintains independence to be able to make appropriate decisions in regards to quality control to ensure valid and enforceable security on every funded mortgage.
**MAJOR ELEMENTS OF THE ROLE**:
**SPECIFIC RESPONSIBILITIES INCLUDE**:

- Coordinates with various internal clients and partners (Sales Agents and Underwriters) and external partners (Appraisers, other Lenders, Insurance agents, and Provincial lawyers)
- Ensure a client focused experience - a mortgage structured to meet the client’s needs, funded on the client’s requested timeline;
- Ensure a properly executed mortgage - a mortgage registered on title providing the Bank with the required appropriate security for the loan;
- Title searches, with a large focus on the collection and review of documentation required to satisfy all conditions and ensure all applicable laws, regulations, and internal policies have been respected.
- Manage the Subsequent Advance portfolio and process all requests received from our Clients in a timely and accurate manner.
- Review the existing Subsequent Advance process and provide recommendations and suggestions for process improvement and efficiencies.
- Act as a key contributor in developing automation and efficiencies in the processing of the Subsequent Advance product.
- Act as the Lead for pipe management reporting and conduct follow up (as required) with the Mortgage Loan Originators and Sales team.
- Review and make recommendations to management to enhance learning and development in the team.
- Provide training and mentoring to new and existing staff as required.
- Acts as a Subject Matter Expert (SME) for any IT initiatives.
- Set goals and coach the team towards said goals
- First point of contact between Mortgage Origination and Sales Management
- Responsible for providing Funding Reporting and Key performance metrics to Operations management (targets vs projections vs actuals)
- Lead recurring meetings between Operations and Sales Management
- Actively participate in and lead meetings with internal and external partners
- Special Projects as assigned by Management

This role is fast paced with a consistent workload. Expectations are to have a positive client and partner experience every time coupled with accuracy of work and files that fund on time.
**SKILLS AND EXPERIENCE REQUIRED**:

- University Degree or Community College Diploma;
- 5 years+ mortgage processing experience in a Financial institution an asset
- Sound understanding of the current financial services environment;
- Results oriented individual and able to manage time-sensitive information;
- Ability to think critically, demonstrates solid problem-solving skills and good judgement;
- Strong communication and conflict management skills;
- Exceptional Presentation Skills
- Strong analytical skills and attention to detail
- Thrives on variety and continuous improvement;
- Strong computer skills (Excel, Power Point, Outlook, Word, Access and Internet)
- Well organized and is equally comfortable working on their own as well as being a contributing member of a collaborative team.
- Strong Relationship Management Skills
- Ability to train and coach team members while providing feedback
- Bilingual skills (English & French) an asset

Working Conditions Unique to Job
- Hybrid home/office environment

WHY WORK AT HOMEEQUITY BANK?
Great Environment
HomeEquity Bank offers a hybrid working environment sup



  • Toronto, Ontario, Canada Capital City Home Loans Full time

    About Capital City Home LoansCapital City Home Loans is a dynamic financial institution dedicated to providing top-notch mortgage solutions to our valued clients. As a Mortgage Consultant, you will play a pivotal role in driving our success by proactively marketing and promoting our financial products.Estimated Salary: $60,000 - $80,000 per yearJob...


  • Toronto, Canada Cameron Stephens Mortgage Capital Full time

    **Analyst, Mortgage Investments**: **Position Date**: 2024-10-009 **Title**: - Analyst, Mortgage Investments**Status**: - Full-Time**Salary**: Commensurate with experience **Reports to**: Director, Mortgage Investments **Position Summary**: **About Us**: Cameron Stephens Mortgage Capital Ltd. (“Cameron Stephens”) is a leading non-bank lender with...


  • Old Toronto, Canada KingSett Capital Inc. Full time

    About the OpportunityKingSett Capital, a leading Canadian private equity real estate investment business, is expanding its Multifamily Mortgage Group. The team has grown rapidly since its inception in 2021, originating over $5 billion of loans and averaging over $2 billion annually.The company seeks an experienced CMHC mortgage originator to join a...


  • Toronto, Canada Cameron Stephens Mortgage Capital Full time

    **Associate, Mortgage Investments**: **Position Date**: 2023-10-30 **Title**: - Associate, Mortgage Investments**Status**: - Full-Time**Salary**: Commensurate with experience **Reports to**: The Head of Mortgage Investments **Position Summary**: **_Where we commit to hire the best and support our people to be their best._** **We are Cameron Stephens**,...


  • Toronto, Canada Cameron Stephens Mortgage Capital Full time

    **Associate, Mortgage Investments (CMHC)**: **Position Date**: **Title**: - Associate, Mortgage Investments (CMHC)**Status**: - Full-Time**Salary**: Commensurate with experience **Reports to**: **Position Summary**: **Associate, Mortgage Investments (CMHC)** **_ Where we commit to hire the best and support our people to be their best._** We are Cameron...


  • Old Toronto, Canada MCAP Group of Companies Full time

    At MCAP Group of Companies, we are seeking an experienced Commercial Mortgage Origination and Relationship Manager to join our team.About the RoleThis is a permanent full-time position in our Commercial Mortgage department. The successful candidate will be responsible for driving the profitability of our commercial term and CMHC insured construction lending...


  • Toronto, Ontario, Canada 8Twelve Mortgage Corporation Full time

    We are seeking a seasoned Senior Mortgage Lending Manager to join our team at 8Twelve Mortgage Corporation. This is an exceptional opportunity for a highly motivated and experienced professional to lead our mortgage lending operations and drive business growth.About the RoleThis senior-level position reports directly to our Senior Management Team and is...


  • Toronto, Ontario, Canada Atrium Mortgage Investment Corporation Full time

    About the OpportunityAtrium Mortgage Investment Corporation is seeking a seasoned Mortgage Servicing Manager to oversee the post-funding activities of our commercial mortgage portfolio. With a strong focus on precision, leadership, and client-centric service, this role will provide an ideal opportunity for a proactive and solution-driven professional to...


  • Toronto, Ontario, Canada 8Twelve Mortgage Full time

    About 8Twelve Mortgage Power NetworkWe are a fast-growing network of experienced mortgage agents, brokers, and brokerages - the right partner for your business. Our commitment and dedication are providing you with hands-on training, underwriting, coaching, and ongoing support for independent agents in the industry.Our Proprietary TechnologyWe have proudly...


  • Old Toronto, Canada Fairstone Full time

    Fairstone is a leading provider of financial services, dedicated to delivering exceptional borrowing experiences to our customers. We are seeking an experienced Loan Origination Specialist to join our team in this key role.Job DescriptionThe successful candidate will be responsible for providing top-notch service to our customers and prospective customers,...

  • Mortgage Underwriter

    6 months ago


    Toronto, Canada Hosper Mortgage Full time

    **Job Posting: Full-Time Mortgage Underwriter in Toronto, ON.** Hosper Mortgage is a Financial Service company in Toronto, ON. We are multi-awarded for what we do, named top alternative lender in Canada 4 years in a row, and are opening a rewarding position for an applicant whose duties would directly support the ongoing success of our business. This role...


  • Toronto, Ontario, Canada Vault Mortgage Corporation Full time

    Vault Mortgage Corporation is seeking an experienced Loan Settlement Officer to join our team. This is a full-time position offering a competitive salary of $85,000 per year.In this role, you will be responsible for maintaining and updating mortgage files from commitment to loan funding, working closely with Underwriters and Business Development teams.Key...


  • Toronto, Canada Atrium Mortgage Investment Corporation Full time

    Are you looking to take the next step in your career by joining a company that values precision, leadership, and client-centric service? As a Manager of Commercial Mortgage Servicing at Atrium Mortgage Investment Corporation, you will have a pivotal role in overseeing the servicing of our complex and diverse portfolio of commercial mortgage loans. If you...


  • Toronto, Ontario, Canada DUCA Financial Services Credit Union Ltd. Full time

    Why choose DUCA Financial Services Credit Union Ltd.? We are a dynamic, forward-thinking financial institution that lives its "profits with a purpose" philosophy in every financial transaction, product, interest rate, and community initiative we offer. Founded in 1954, our credit union has grown from a single branch to 19 branches across Southern Ontario,...


  • Toronto, Ontario, Canada Atrium Mortgage Investment Corporation Full time

    Company OverviewAtrium Mortgage Investment Corporation is a leading provider of debt and equity financing to the residential and commercial real estate and development communities in Canada.Job DescriptionWe are seeking an experienced Commercial Mortgage Portfolio Manager to oversee the servicing of our complex and diverse portfolio of commercial mortgage...


  • Toronto, Canada 8Twelve Mortgage Full time

    About 8Twelve Mortgage Power Network8Twelve Mortgage Power Network is a fast-growing network of experienced mortgage agents, brokers and brokerages - the right partner for your business. Our commitment and dedication is providing you with hands-on training, underwriting, coaching and ongoing support for independent agents in the industry. 8TM’s Power...


  • Toronto, Ontario, Canada Atrium Mortgage Investment Corporation Full time

    About the OpportunityWe are seeking a seasoned professional to lead our Commercial Mortgage Servicing team at Atrium Mortgage Investment Corporation. As a Manager of Commercial Mortgage Servicing, you will play a pivotal role in overseeing the servicing of our complex and diverse portfolio of commercial mortgage loans.Your primary responsibility will be to...


  • Toronto, Canada True North Mortgage Full time

    Would you like to be proud of where you work and the products you sell? How about enjoying coming to work every day while being well compensated for your performance? If you answered “Yes” to the above, then consider joining Canada’s most innovative company in the mortgage industry! At True North Mortgage we put the customer experience first! We do...


  • Old Toronto, Canada MCAP Group of Companies Full time

    About the Role">We are seeking an experienced Commercial Mortgage Specialist to join our team at MCAP Group of Companies. As a key member of our Commercial Mortgage division, you will play a critical role in driving the profitability of our commercial term and construction lending programs.">The successful candidate will be responsible for originating...

  • Mortgage Underwriter

    6 months ago


    Toronto, Canada CENTUM Monest Mortgage Inc Full time

    **About Us** With over 20 years of history, Centum Monest Mortgage Inc. is a rapid developing real estate finance group. We are committed to residential, commercial, and private loans. **Job Description**: As a Mortgage Underwriter, you will play a vital role in assisting clients with their mortgage needs. Your responsibilities will include: - Identifying...