Reverse Mortgage Treasury Specialist

4 days ago


Old Toronto, Canada HomEquity Bank Full time
About HomeEquity Bank

HomeEquity Bank is a leading Canadian chartered bank specializing in reverse mortgages, committed to helping homeowners 55 and up live retirement on their terms. Our growing portfolio showcases our dedication to this mission.

Job Overview

We are seeking an experienced Reverse Mortgage Treasury Specialist to join our team. The successful candidate will be responsible for processing daily GIC issuances, confirming payments of principal and interest, and maintaining relationships with financial institutions and deposit brokers.

Key Responsibilities

  • Process daily GIC issuances and confirm payments of principal and interest
  • Maintain relationships with financial institutions and deposit brokers
  • Administer rate changes and conduct software testing and upgrades as needed
  • Review daily cash position and bank account balances
  • Assist in the management of bank relationships and accounts
  • Analyze monthly bank fees and charges
  • Implement changes to banking structures and practices
  • Process initial mortgage advances to borrowers and additional advances to existing clients
  • Manage monthly servicing payments required on existing mortgages
  • Execute periodic transactions to pay commission on mortgage originations and intercompany mortgage transfers

Requirements

  • Progressive experience in cash management, banking, or treasury administration roles
  • Bachelor's degree in Commerce, Finance, or Accounting
  • Experience in setting up and administering banking software and familiarity with treasury database workstations
  • Knowledge of financial markets, including fixed income investments and derivatives, is an asset
  • Demonstrated integrity, creativity, and enthusiasm in achieving results
  • Excellent problem-solving and analytical skills
  • Ability to work independently and multi-task between priorities in a fast-paced environment

What We Offer

  • Competitive salary: $80,000 - $100,000 per year
  • Extended health and dental benefits
  • Employee & Family Assistance Program
  • Employer-Matched Group Retirement Savings Plan
  • Employee Share Investment Plan
  • Well-being initiatives including wellness accounts, virtual self-care programs, and extended mental health benefits
  • Employee corporate discount for GoodLife Fitness

Above all, we value diversity, equity, and inclusion in the workplace. Accommodations are available on request for candidates participating in all aspects of the selection process.



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