Bilingual Funding Officer, Commercial Mortgages

External; Toronto; On-site; CAD 65,000 - 80,000; Full time

Job summary

A leading mortgage services company in Canada is seeking a motivated Bilingual Funding Officer for their Toronto team. You will coordinate commercial mortgage funding processes with a focus on detail and compliance, in a dynamic and fast-paced environment.

Benefits

Health and Wellness Spending Accounts

Health, Drug, Vision and Dental benefits

Paid vacation, sick days, and personal days

RRSP Matching Program

Maternity / Parental Leave Top Up Program

Discounted gym memberships

Travel assistance and EAP

Hybrid work arrangements

Company social events and sports teams

Qualifications

• Bilingual in French and English (read, write, speak).
• Experience in the commercial mortgage industry, preferably in funding.
• Strong organizational and communication skills.

Responsibilities

• Coordinate loan closing by working with solicitors and insurance consultants.
• Liaise with various stakeholders to ensure all funding conditions are satisfied.
• Review documents to comply with policies and procedures.

Skills

Logistics & Procurement

Communication

Client Services

Education

Undergraduate degree or postsecondary education

Job description

Salary Range : $65000 $80000 / yr.

We are looking for a motivated selfstarter who is bilingual in French and English to join our Toronto team as a Bilingual Funding Officer Commercial Mortgages. Reporting to the Team Lead Commercial Funding in this role you will work with an extensive portfolio of commercial multifamily residential and industrial real estate properties throughout Canada. You will use your eye for detail sound decisionmaking and coordination skills to review commitment letters and to coordinate the funding of mortgages that have been originated through our broker network.

In this role you will :

• Coordinate loan closing by instructing solicitor and external property insurance consultant ensuring all requirements are met including commitment changes being addressed and deposits received
• Liaise with solicitors originators and CMLS Credit Risk Management to ensure all supporting documents and funding conditions are received and satisfied prior to advancing funds
• Coordinate closings with investors ensuring all investor requirements are met and investor approvals are received
• Coordinate locking of the interest rate ensuring all prerate lock conditions are satisfied and investor requirements regarding timing of rate lock are met
• Calculate interest adjustments tax holdbacks and monthly tax components
• Arrange advance approval by senior management prior to requesting funds from the investor and instructing legal counsel regarding the advance
• Ensure accurate information is provided to the CMLS servicing department for set up of all loan details in the commercial loans management system
• Ensure compliance with policies and procedures including legal ethical and regulatory requirements
• Review corporate structure and documentation to ensure compliance with FINTRAC legislation

This role is for you if :

• You are bilingual in French and English (read write speak)
• You have completed either an undergraduate degree or have other postsecondary education
• You have experience in the commercial mortgage industry preferably in mortgage funding
• You possess strong organizational skills
• You are able to prioritize multitask and have the ability to adapt to a variety of responsibilities
• You take ownership of your work and demonstrate a high degree of accountability and commitment at all times
• You have excellent communication skills both written and verbal and are able to work well independently as well as within a team environment
• You are resultsdriven

Benefits and Perks

Some of the benefits we offer at CMLS are :

Health and Wellness Spending Accounts

Health Drug Vision and Dental benefits

Paid vacation sick days and personal days (in addition to all civil and statutory holidays)

RRSP Matching Program

Maternity / Parental Leave Top Up Program

Discounted gym memberships

Travel assistance and EAP

Business Casual dress code

Company social events sport teams

Hybrid work arrangements and telecommuting opportunities

And more!

Who are we

We are Canadas Mortgage Company. Founded in 1974 CMLS Financial is one of Canadas largest independently owned mortgage services companies : Over 45 years and 20 billion in assets under administration. CMLS services for a variety of investors including banks insurance companies investment managers private lenders and commercial mortgagebacked security (CMBS) trusts. Our diverse platform and customer forward approach creates a wide range of client options and an environment for a very rewarding career.

You will love working here

Employees tell us that they love that we strike the balance in creating an incredibly professional yet dynamic and enjoyable corporate culture. We work in a fluid and fastpaced environment that is supportive of energetic and motivated individuals who pride themselves on being flexible and resultsdriven. Business is booming and that means that our employees are able to gain valuable exposure have lots of learning opportunities and truly impact the business. We are committed to providing our people with a challenging and rewarding career because our employees are what set us apart and we know it.

Equal Opportunity Employer

CMLS Financial is an equal opportunity employer committed to diversity and inclusion. We are pleased to consider all qualified applicants for employment without regard to race color religion sex sexual orientation gender identity national origin age disability protected veterans status Aboriginal / Native American status or any other legallyprotected factors. Disabilityrelated accommodations are available on request for candidates taking part in all aspects of the selection process.

Required Experience :

Unclear Seniority

Key Skills

Logistics & Procurement,Communication,ABB,Client Services,Lorry Driving,Document Management

Employment Type : Full-Time

Experience : years

Vacancy : 1

Monthly Salary Salary : 65000 - 80000

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