Mortgage Funding Administrator

7 months ago

St Albert, Canada Canada ICI Capital Corporation Full time

Located in **St. Albert, Alberta** and reporting to the Manager, Mortgage Funding, the** **Mortgage Funding Administrator** **will work with an extensive portfolio of commercial, multi-family residential and industrial real estate properties throughout Canada.

**This Position Offers**
- Competitive annual salary plus bonus.
- Educational Assistance Program - we encourage our employees to take courses that will have a meaningful impact and will align with their role at Canada ICI.
- Employee Referral program.
- Comprehensive benefits package, which includes extended health care (with paramedical coverage), dental, health spending account, Employee & Family Assistance Program as well as life & disability insurance.

**Education and Skills**
- Post secondary diploma in Business, Office Administration or equivalent is considered an asset.
- Proficiency with Microsoft Office Suite including Outlook, Word and Excel.
- Excellent attention to detail.
- Have strong communication skills, verbal & written, with experience in providing excellent customer service.
- Proven ability to maintain a low error rate under high work volume and short deadlines.
- Ability to develop and maintain a positive working relationship with various departments, brokers, customers, solicitors, investors, and third-party professionals.
- Ability to work independently and with a team in an open-plan office.
- Have proven organizational skills and demonstrate the ability to prioritize and multi-task.
- Commercial loan administration experience is considered an asset.
- Ability to work in a fast-paced environment.

**Responsibilities**
- Receive and review of all pre-funding items as outlined in the commitment letter.
- Liaise with Brokers, Borrowers and Investors to ensure that all supporting documents and pre-funding conditions have been received and satisfied prior to advancing funds.
- Instruct and liaise with third party partners including but not limited to; Insurance Consultants, Solicitors, Quantity Surveyors, and various other professionals.
- Review draft and final legal documents.
- Coordinate and manage all Anti-money laundering (AML) documents.
- Coordinate the closing process with the applicable investor, ensuring that all investor requirements have been met and investor approval has been received.
- Coordinate loan funding with credit and servicing departments.
- Coordinate locking of the interest rate, ensuring that all pre-rate lock conditions have been satisfied and investor requirements regarding timing of rate lock are met.
- Ensure compliance with policies and procedures, legal, ethical, privacy and regulatory requirements.
- Maintain funding status on in-house database system.
- Conduct post funding reviews and resolve open post-funding issues as directed.
- Perform other duties as required.

**About Canada ICI**

Canada ICI is the country's leading commercial real estate finance firm, annually arranging financing above $9 Billion through its offices in Toronto, Vancouver, Montréal, Calgary, St. Albert, Edmonton, Ottawa, and Winnipeg. Our proven track record, extensive market knowledge, and ability to creatively bring quality deals together have made us a trusted advisor for some of Canada's most active real estate owners.

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