Mortgage Recovery Specialist

6 days ago


Toronto, Ontario, Canada Altis Recruitment Full time

Altis Recruitment is seeking a Mortgage Recovery Specialist for a permanent position in Toronto. The successful candidate will work with a fast-paced lending company, offering a supportive environment and competitive compensation package.

Job Description:

The Mortgage Recovery Specialist will be responsible for collecting residential and commercial mortgage arrears through efficient and effective management of mortgage arrear items.

  • Interact with customers to accurately collect mortgage arrears in a timely manner
  • Follow up continuously with borrowers to resolve mortgage arrear items
  • Implement successful workout strategies and repayment schedules to collect mortgage arrears
  • Post mortgage payments and prepare pre-authorized payments as required
  • Prepare and send out arrears letters, demand letters, discharge statements, and other relevant documents
  • Liaise with solicitors and real estate agents during the power of sale process
  • Update mortgage files with accurate comments on current mortgage arrears status

Qualifications and Experience:

To be successful in this role, candidates must possess:

  • A minimum of 2 years of mortgage collection experience
  • Previous mortgage default recovery experience with knowledge of the mortgage default legal process
  • Strong attention to detail and written/verbal communication skills
  • Proficiency in computer systems and standard business programs
  • The ability to work independently with a strong commitment to tasks and maintain a professional demeanor at all times

Salary: Estimated annual salary: $65,000 - $85,000 CAD, depending on experience.



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