Located in St. Albert, Alberta and reporting to the Manager, Mortgage Funding, the Mortgage Funding Administrator will work with an extensive portfolio of commercial, multi-family residential and industrial real estate properties throughout Canada.

IF YOU HAVE EXPERIENCE IN ADMINISTRATIVE ROLES, LEGAL ASSISTANTS, LEASING ASSISTANTS, INSURANCE ADMINISTRATORS, OR EVEN UNIVERSITY GRADUATES - WE ARE ENCOURAGING YOU TO APPLY!

The candidate will gain and utilize knowledge of the commercial mortgage industry, conditions management, regulatory compliance, and sound decision-making skills to fund mortgages which have been originated through our broker network. The ideal candidate is someone who is extremely organized with a high level of attention to detail and the ability to multi-task under strict time constraints.

Responsibilities

• Receive and review of all pre-funding items as outlined in the commitment letter.
• Liaise with Brokers, Borrowers and Investors to ensure that all supporting documents and pre-funding conditions have been received and satisfied prior to advancing funds.
• Instruct and liaise with third party partners including but not limited to; Insurance Consultants, Solicitors, Quantity Surveyors, and various other professionals.
• Review draft and final legal documents.
• Coordinate and manage all Anti-money laundering (AML) documents.
• Coordinate the closing process with the applicable investor, ensuring that all investor requirements have been met and investor approval has been received.
• Coordinate loan funding with credit and servicing departments.
• Coordinate locking of the interest rate, ensuring that all pre-rate lock conditions have been satisfied and investor requirements regarding timing of rate lock are met.
• Ensure compliance with policies and procedures, legal, ethical, privacy and regulatory requirements.
• Maintain funding status on in-house database system.
• Conduct post funding reviews and resolve open post-funding issues as directed.
• Perform other duties as required