Mortgage Funder, Third Party Residential - Montréal, Canada - First National Financial

First National Financial

Verified Company

Montréal, Canada

3 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

First National is proud to be an equal opportunity employer and is committed to diversity and inclusion regardless of race, color, religion, national origin, age, gender identity, physical or mental disability, sexual orientation or any other category protected by law.

We are hiring a Mortgage Funder, Third Party Residential Underwriting, MBBS

Reporting To:
Manager, Third Party Residential Underwriting
**Full-Time/Part

Time**: Fulltime

Posting Date:
May 22, 2024

Closing Date:
June 5, 2024

Hours of Work: 8:30 a.m. - 5:00 p.m.

Grade: 6.7

Office Location:
Montreal - Hybrid Great location Steps away from the main public transit station

What we offer:

Highly competitive compensation package which includes, base salary, bonus, benefits, and career advancement opportunities

Eligibility for benefits is dependent on the terms of employment

The opportunity:

The Residential Mortgage Funder is responsible for instructing, advancing and closing mortgage files.

How you will contribute:

Check with law society for entitlement of solicitor
Check information to ensure accuracy, i.e. correct lender, CMHC/Sagen/CG approval
Contact solicitor to confirm that he/she is acting on mortgagor's behalf
Prepare and send applicable instructional package to solicitor along with relevant documents
Follow up with solicitor to obtain advance request
Organize mortgage file in correct order
Check the request for funds from the solicitor
Send the mortgage advance sheet to the accounting department
Send the solicitor a list of outstanding conditions, mortgage commitment and mortgage advance breakdown
Contact solicitor when funds are ready
Follow up with solicitor prior to closing
Contact solicitor to advise that funds can be released
Ensure that all conditions have been met, all documentation has been received and that file is complete on the day of closing
Close files in the system and send to accounting department
Review solicitor mortgage documentation to ensure it corresponds to the terms of the commitment and is in compliance with established regulatory and company guidelines and policies
Escalate any documentation issues to the Mortgage Underwriter and/or Manager for review
Coordinate with mortgage accounting for the release of mortgage funds on a timely basis
Respond to all inquiries within the established turnaround times
Adhere to policy/procedures to ensure AML and Quality Assurance requirements are met

The experience you need:

Strong communication skills, verbal and written
Proven organizational skills and demonstrated ability to prioritize and multitask
Demonstrated ability to work under pressure and maintain a calm focus during hectic periods
Postsecondary education and/or equivalent work experience preferred
Competency in MS Office; capacity to learn new technologies/systems
Written and spoken French is required
Strong written and spoken English is an asset

Working Environment and Physical Demands Analysis:

Office environment
Periods of high volume with tight timelines
Long periods of stationary position/sitting
Prolonged periods of repetitive movement (i.e. using a keyboard and mouse)
Long periods of time in viewing a computer screen
Multitasking may include speaking to customers on a telephone call while looking up information on a computer program.

Why join First National?

Competitive Compensation
Comprehensive benefits program (i.e., Health Spending Account, Maternity and Parental Leave Top Up)
Hybrid working environment
Extensive training programs to set our employees up for success
Modern office environment conducive to collaboration
Supportive teamwork culture
Opportunities to give back to the communities and work through events focused on a variety of charities
Ongoing social events throughout the year

The team you'll join:

Founded in 1988, First National is one of Canada's largest non-bank lenders. We provide residential mortgages exclusively through the mortgage broker channel and we are Canada's largest commercial mortgage lender.

First National has been consistently recognized as a great place to work and we are proud that our employee engagement feedback is higher than our industry partners.

FNLOQC