Director, Mortgage Administration

Foremost Financial Corporation (Lic # 10342 / 11654); Toronto; On-site; CAD 90,000 - 120,000; Full time

Job summary

A private real estate debt and equity firm in Toronto is seeking a Director of Mortgage Administration to lead their team. The ideal candidate will have over 9 years of experience in finance or mortgage administration, exceptional organizational skills, and the ability to manage client interactions effectively. This full-time role offers an exciting opportunity to grow within a dynamic organization.

Qualifications

• 9+ years of professional experience in accounting, business analysis, finance, or mortgage administration.
• Developing leadership and team management capabilities.
• Ability to take ownership of tasks and proactively solve issues.

Responsibilities

• Manage the Mortgage Administration team.
• Develop and maintain portfolio level analytics and tracking methods.
• Liaise with the lawyer to coordinate mortgage funding and repayments.

Skills

Team management

Organizational skills

Client interaction

Attention to detail

Analytical skills

Education

Undergraduate degree in Finance, Commerce, or Real Estate

Tools

The Mortgage Office (TMO)

Excel

Word

PowerPoint

Job description

Overview

Title : Director, Mortgage Administration

Location : Toronto, ON; Job Type : Permanent, full-time

Foremost Financial is looking for an experienced professional to join a stable and growing private real estate debt and equity firm. Foremost specializes in lending against complicated construction projects, and acquiring properties opportunistically across real estate asset classes and geographies. The work is fast paced and exciting. As we are a small and flat organization, there is an opportunity to gain a broad range of skills and experiences.

Foremost Financial is seeking a personable, highly organized, and detail-oriented Director, Mortgage Administration to lead the Administration team. In this role, you will lead and build the Mortgage Administration team, and proactively monitor and administrate a growing construction focused mortgage portfolio. Candidates must enjoy dealing with people and have the ability to juggle and organize many tasks at the same time. The role reports directly to the Vice President, Operations.

About the Role

Foremost is looking for a personable, highly organized, and detail-oriented Director, Mortgage Administration to lead the Administration team. In this role, you will lead and build the Mortgage Administration team, and proactively monitor and administrate a growing construction focused mortgage portfolio. Candidates must enjoy dealing with people and have the ability to juggle and organize many tasks at the same time. The role reports directly to the Vice President, Operations.

Responsibilities

• Manage the Mortgage Administration team;
• Develop and maintain portfolio level analytics and tracking methods;
• Oversee the collection of interest payments, property taxes, and insurance;
• Liaise with the lawyer to coordinate mortgage funding, discharges, repayments;
• Support FSRA compliance, including ensuring monitoring of material risks;
• Provide backup support on other mortgage administration activities;
• Perform other duties as assigned, including some banking and trust account administration.

Qualifications

• 9+ years of professional experience (accounting, business analyst, finance, mortgage administration);
• Developing leadership and team management capabilities;
• The Mortgage Office (TMO) experience considered an asset;
• Undergraduate degree in Finance, Commerce, or Real Estate, or similar an asset;
• Ability to take ownership of tasks by working proactively to solve issues;
• Keen sense of organization, planning, and prioritizing : Uses structured work methods, establishes priorities, sets deadlines, and manages time effectively;
• Ability to interact with and manage clients;
• Exceptional attention to detail;
• High degree of professionalism and a positive and professional attitude;
• Excellent Word, Excel and PowerPoint skills;
• A desire and willingness to learn.

Seniority level

• Director

Employment type

• Full-time

Job function

• Management and Manufacturing