Administrator, Mortgage Origination Management Group

Requisition ID: 222912 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. The Administrator, Mortgage Origination Management Group is responsible for providing day to day support for Mortgage Origination Management Group (MOMG) within Scotia Mortgage Authority (SMA). The MOMG’s mandate is to provide a consistent and structured approach to assess, approve, and process new broker offices and individual brokers/agents who want to do business with SMA. The incumbent will ensure that daily and periodic administrative functions associated with the assessment, approval/decline and processing of new brokers is completed in a timely and accurate manner. They must have a strong understanding of the Bank's policies and processes as they relate to Retail Lending and the Alternate Mortgage Channel, as well as the Bank's Service and Complaint Resolution standards. **Is This Role Right for You? In this role, you will**: - Analyze incoming recommendations from Broker Relationship Managers (BRMs) and Broker On-boarding Officers (BOO) for new broker firms, individual brokers/agents. - Ensure receipt of necessary documentation and verify adequate completion of information, i.e. broker agreements, broker licences, and business registration. Ensure documentation is accurate and compete and provided within timelines defined. Where necessary, follow up for missing data. This is done by maintaining an open line of communication with BRMs and BOOs to provide support/assistance/guidance for the timely resolution for issues/problems that arise - Conduct initial broker verification, including: - Perform Redx reviews. - Utilization of OSFI database and broker “Do Not Use” lists - Verification of licensing/registration - Complete first tier (level 1) review of alerts for recommended brokers. Advise Manager, Mortgage Origination Management Group (MOMG), of alerts which require further investigation and prepare files for escalation. - Ensure the Bank’s interests are protected at all times by: - Ensuring operating practices and procedures comply with internal Bank and regulatory requirements including Bank policies, rules and regulations, confidentiality of information, Audit/segregation of duties, The Privacy Code, Anti-Money Laundering/Anti-Terrorist Regulations, “Know Your Customer” requirements, Corporate Identity Standards, Chain of Communication and Complaint Resolutions, Bank Guidelines for Business Conduct - Maintaining strict adherence to security procedures with respect to assigned authorities and responsibilities - Reporting any identified irregular and fraudulent activity to the Director, Mortgage Security. - Complete and maintain documents, files and other records securely and reliably and in accordance with regulatory requirements and departmental standards. Where necessary, follow up with BOOs/BRMs incomplete/required data. **Do you have the skills that will enable you to succeed in this role? We’d love to work with you if you have**: - Strong customer service skills and interpersonal skills to deal with customers and Management effectively. - Strong organization and time management skills to ensure that required deadlines are met and prioritize workflows and tackle unexpected issues. - Strong analytical skills to determine whether there are grounds for suspicion, at times with limited information. Ability to gather, analyse, and organize and present large volumes of information. - Decision making and good judgement are essential to execute all duties in a timely manner while providing quality service. - Excellent written and verbal communication skills - Experience and a sound understanding of the broker and mortgage industry. - The incumbent must be flexible in a changing business environment, which includes procedural and automated system changes. Location(s): Canada : Ontario : Toronto Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.