The Work !
- Instruction: On a daily basis the incumbent will work closely with Equitable Bank’s closing service provider, by providing all pertinent data/documents required to instruct the solicitor/agent to begin the closing process for the purchase of property or refinance of mortgage. The incumbent will liaise with Residential Credit Team if there is insufficient/ incorrect information to complete the instruction process.
- Post Funding: By accessing EQB’s closing service provider’s portal, daily the incumbent will ensure and/or contact our closing service provider to confirm lawyers have released the funds to the applicable parties. Once confirmation is received, the incumbent is required to complete post-funding tasks including: updating pre-authorized payment set up, production of welcome letter, risk rating, Line of Credit set up on servicer’s portal, payment to business partner/broker and other various administrative to complete the mortgage loan set up. The Incumbent will follow a Post Funding Checklist as a guide to ensure all pertinent updates are completed. The incumbent will work with solicitor, closing service provider to close any deficiencies.
- Final Reports: The incumbent will review final reports from solicitor and ensure Equitable Bank is registered as per commitment requirements and change status of loan to reflect final report as received. The incumbent will also follow up on outstanding final report directly with solicitor and alert management on mortgage loans where no final report is received.
Let's Talk About You !
- 1-2 years experience in Financial Services
- Excellent attention to detail
- Established and meticulous time management and organizational skills
- Knowledge of mortgages
- Proven ability to thrive under pressure and perform well in a high volume, high intensity environment
- Strong written and verbal communication skills with the ability to respond in a clear and professional manner
- Demonstrated ability to use Microsoft Office
- 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
