Mortgage Recovery Specialist
6 days ago
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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