Representative Ii, Commercial Servicing - Toronto, Canada - First National Financial

First National Financial

Verified Company

Toronto, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Working together to be our best

First National is Canada's largest non-bank lender, originating and servicing both commercial and residential mortgages since 1988.

Over the past thirty years, we have been committed to hiring the best and brightest with over 1,000 proud team members.

Through cooperation, ongoing coaching, development opportunities and a culture that celebrates both hard work and teamwork, First National team members are supported to lead, learn and grow.

We are hiring a Representative II, Commercial Servicing

Reporting To:
Manager, Commercial Servicing

**Full-Time/Part

Time**: Fulltime

Posting Date:
February 21, 2023

Closing Date:
March 3, 2023

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

Grade: 4

Office Location:
Toronto/ 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:

Responsible to obtain and review financial information and requirements to ensure loan criteria is valid with no material adverse changes such as: rent rolls, operating statements and financial/net worth statements
Manage assigned mortgage portfolio proactively to ensure that all required conditions for commercial mortgages are fulfilled and to satisfaction of investors and CMHC
Knowledge of commercial lending, underwriting and understanding core documents
Ability to review, make recommendations to Senior Management on property insurance renewals, CMHC undertakings, holdbacks and Insurance claims
Knowledge of Mortgage Products and functions within Mortgage Servicing that include but not limited to; document management, payment processing, statements, holdbacks/reserves, insurance and annual financial reviews
Adherence to policy and procedures, service levels and compliance
Respond to inquiries from borrowers and investors as per servicing and policy standards
Effectively interface with borrowers, consultants and investors and solicitors.
Obtain and review solicitor final documentation as per mortgage Commitment and update mortgage system
Ensure mortgage security is valid and legally binding and supporting documents are provided in a timely manner by solicitors. Knowledge of relevant mortgage documentation is required.
Excellent time management skills and ability to maintain and handle high volumes.
Recommend and provide process improvements in order to build efficiencies
Organizational and problemsolving skills and ability to prioritize and multitask
Complete special projects as assigned by management

The Requirements Needed

Bachelor's Degree in Business Administration, Commerce or related preferred
Post secondary education and/or equivalent work experience preferred
23 years of experience in Financial Services, Mortgages, preferably in commercial mortgages

Why join First National?

Bright open concept office environment
Large kitchens with a coffee and latte maker to enjoy at no cost
Supportive teamwork focused environment
Collaborative entrepreneurial spirit
Opportunities to give back to the communities and work through events focused on a variety of charities
Ongoing social events throughout the year
Extensive training programs to set our employees up for success

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.

FNLOON