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Commercial Mortgage Administrator

1 month ago


Toronto, Ontario, Canada EQ Bank | Equitable Bank Full time

At EQ Bank | Equitable Bank, we're revolutionizing the banking experience for Canadians.

About Us

We believe in innovation and transforming what's possible in banking. Our team is comprised of inquisitive and agile minds that continually find smarter ways to do things.

With a presence spanning over 50 years, we've grown to serve more than 670,000 people across Canada through our wholly-owned subsidiary, Concentra Bank, which supports credit unions serving over six million members. Together, we have over $125 billion in combined assets under management and administration, driving change in Canadian banking to enrich people's lives.

Our customers have consistently named our EQ Bank digital platform one of the top banks in Canada on the Forbes World's Best Banks list since 2021.

The Role

We're seeking an experienced Commercial Mortgage Administrator to join our team. This role will be responsible for maintaining the currency of commercial mortgage pipelines and reports, ensuring timely and accurate tracking of loan requests, securitization pools, and loan maturities.

This position will also involve liaising with lending partners, staff within the Credit & Risk Management group, and other internal departments to ensure seamless collaboration and communication.

Key Responsibilities:

  • Maintain departmental pipeline reports, ensuring accuracy and timeliness.
  • Prepare daily, weekly, and monthly management reports, leveraging tools like Cyberquery and Excel.
  • Follow up with lending partners to obtain required documentation, ensuring compliance with AML guidelines and standards.
  • Assist in reviewing and recommending updates to pipelines and reporting tools, including designing and formatting reports.
  • Collaborate with underwriting teams to input and set-up new credit risk analyses.
Requirements

To succeed in this role, you'll need:

  • Post-secondary education or equivalent working experience in business or finance.
  • Minimum 1-2 years' experience in financial services, preferably in management reporting.
  • Strong working knowledge of MS Office, particularly Excel, and proficiency with Excel macros.
  • Excellent time management skills, with the ability to meet deadlines.
What We Offer

As a valued member of our team, you'll enjoy:

  • A market-leading RRSP match program.
  • Comprehensive medical, dental, vision, life, and disability benefits.
  • A generous vacation policy and personal days.
  • Virtual events to connect with your colleagues.
  • A fulfilling opportunity to join one of the top FinTechs and contribute to shaping a new kind of banking experience.