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Mortgage Portfolio Manager

2 weeks ago

Toronto, Ontario, Canada Altis Recruitment Full time

Job Description:

We are seeking a Senior Default Specialist (Mortgages) to join our team at Altis Recruitment for a full-time permanent role. This position is essential in overseeing accounts throughout the default and foreclosure process, requiring close coordination with the bank's default attorneys and property managers.

This is a hybrid role (3 days in office), offering 3 weeks of vacation, a bonus structure, a full benefits plan, RRSP matching and more. Key responsibilities include:

  • Overseeing mortgage accounts in default and foreclosure, ensuring all processes are handled efficiently and on time
  • Ensuring foreclosure activities comply with company policies and regulatory requirements
  • Collaborating with default attorneys to oversee legal proceedings, including initiating and managing foreclosure actions while ensuring timely and accurate documentation
  • Maintaining up-to-date and accurate records for all default accounts, ensuring proper documentation is saved and managed
  • Monitoring compliance with relevant laws, regulations, and internal policies, including mortgage servicing standards and foreclosure laws

Qualified candidates will have:

  • 3-5+ years of experience in a mortgage default or mortgage foreclosure role performing similar duties
  • A degree or diploma in a related field
  • Strong understanding of mortgage servicing regulations, default management processes, and investor/insurer guidelines
  • In-depth knowledge of Canadian foreclosure laws, legal procedures, and regulatory requirements
  • Strong MS Office Suite skills