The Work !
- On a daily basis, the incumbent will review legal documents in a timely and accurate manner. The incumbent must ensure that documents coincide with the underwriting documentation and the deals fund as per the approval. In addition, the incumbent will conduct a light audit of each deal to ensure policy and guidelines are met. If a gap or inaccuracy (i.e. ratios out of line) is identified, the incumbent will be required to work with the Single Family Residential – Credit department to seek clarification and request additional information/documentation as required.
- On a daily basis, the incumbent will complete all Funding activates (i.e. cut cheques) and all supporting steps (i.e. set up property tax accounts), including tasks unique to different deal types (i.e. Conventional and Collateral mortgages) in a timely manner (35%).
- On a daily basis the incumbent will work directly with EQB’s Closing Servicer Provider. Through efficiency, the incumbent will be responsible for time management of their individual as well as overall team deal flow on order to meet prescribed deadlines all while maintaining positive attitude and strong working relationships. As part of the funding lifecycle, the incumbent will communicate changes, status updates and unique details to the Closing Servicer provider using their portal (35%).
- AML, Compliance and KYC are important in every financial organization. Therefore, the incumbent, on a daily basis, will ensure every deal, as well as their actions adhere to all applicable guidelines. In addition, the incumbent is required to meet a 100% Quality Assurance and Compliance metrics each month (20%).
- On a daily basis, the incumbent will liaise with a variety of internal departments (i.e. Compliance, Mortgage Servicing) to address any unique ad-hoc issues that may arise. In addition, when required, the incumbent will complete memos with supporting details for other departments (i.e. Accounting) to leverage for their tasks. In addition, frequent communication with the Single Family Residential - Credit department will be required in order to address credit related issues in a timely manner. Providing status updates (i.e. closing date changes) are also a key communication item in which the incumbent will be responsible for to ensure all parties with a vested interest in the deal are aware of where deals stands (10%).
Let's Talk About You !
- Bilingual in French and English
- Minimum of 1- 2 years’ mortgage experience, exposure to Prime and Alternative a benefit
- Excellent attention to detail
- Ability to thrive under pressure
- Excellent time management skills
- Familiarity with AML and Compliance practice
- Strong written and communication skills
- Demonstrated ability to use Microsoft Office (Word)
- Logical thinker with ability to multi-task
- Post-secondary education (diploma)
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What We Do
MakeBank on everyday banking: Earn high interest on every dollar Say no to fees No minimum balances Powered by Equitable Bank, a Schedule I Canadian Bank EQB Inc. (formerly Equitable Group Inc.) trades on the Toronto Stock Exchange (TSX: EQB and EQB.PR.C), directly serves over 607,000 Canadians through its wholly owned subsidiary Equitable Bank, Canada's Challenger Bank™, and serves over 200 Canadian credit unions that serve over 6 million of their members with products and services. Equitable Bank has grown to become Canada's 7th largest independent Schedule I bank with over a $119 billion in assets under management and assets under administration, and a clear mandate to drive real change in Canadian banking to enrich people's lives. At Equitable Bank, we are as invested in our employees as we are in our business. That’s why we are consistently recognized as one of Canada's Top Employers – a rating that comes from our 1,800 employees. Equitable Bank’s inclusive, welcoming, and pride-inducing workplace earned it the honour of being recognized as one of the top 50 organizations on the 2023 list of Canada’s Best Workplaces™. Founded over 50 years ago, Equitable Bank provides diversified personal and commercial banking, and through its EQ Bank platform (eqbank.ca), which has been named #1 Bank in Canada for three consecutive years on the Forbes World's Best Banks list for 2021, 2022, and 2023. Equitable Bank website: www.equitablebank.ca EQ Bank website: www.eqbank.ca Specialties Lending, Mortgages, Residential Lending, Commercial Lending, Reverse mortgages, Insurance lending, Equipment leasing , Credit Union, Trust, and Funds Management









